Optimization method of time-of-use electricity price for the cost savings of power grid investment

Optimization method of time-of-use electricity price for the cost savings of power grid investment

The concept of time-of-use (TOU) electricity pricing is widely recognized as a key strategy to bridge the gap between electricity availability and consumption, enhance the efficiency of electricity, and refine the patterns of electricity usage. Nonetheless, the existing policy on pricing electricity...

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Bibliographic Details
Main Authors:	Li Dengfeng, Li Zhonghao, Li Xiaoju, Yu Juan, Yang Mincai, Lei Xinyu
Format:	Article
Language:	English
Published:	Frontiers Media S.A. 2024-03-01
Series:	Frontiers in Energy Research
Subjects:	power grid investment benefits optimization of time-of-use electricity prices time-of-use electricity price period division GMM clustering demand response
Online Access:	https://www.frontiersin.org/articles/10.3389/fenrg.2024.1361116/full

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