Demand response scheme based on lottery-like rebates
In this paper, we develop a novel mechanism for reducing volatility of residential demand for electricity. We construct a reward-based (rebate) mechanism that provides consumers with incentives to shift their demand to off-peak time. In contrast to most other mechanisms proposed in the literature, t...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
International Federation of Automatic Control
2016
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| Online Access: | http://hdl.handle.net/1721.1/101379 https://orcid.org/0000-0003-1554-015X |