Load Profile-Based Residential Customer Segmentation for Analyzing Customer Preferred Time-of-Use (TOU) Tariffs

Load Profile-Based Residential Customer Segmentation for Analyzing Customer Preferred Time-of-Use (TOU) Tariffs

Smart meters and dynamic pricing are key factors in implementing a smart grid. Dynamic pricing is one of the demand-side management methods that can shift demand from on-peak to off-peak. Furthermore, dynamic pricing can help utilities reduce the investment cost of a power system by charging differe...

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Bibliographic Details
Main Authors: Minseok Jang, Hyun-Cheol Jeong, Taegon Kim, Sung-Kwan Joo
Format: Article
Language:English
Published: MDPI AG 2021-09-01
Series:Energies
Subjects:
demand side management
demand response
time-of-use tariff
smart grids
load profile
Gaussian mixture model
Online Access:https://www.mdpi.com/1996-1073/14/19/6130

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