Smart Meter Tariff Design to Minimise Wholesale Risk
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|Title:||Smart Meter Tariff Design to Minimise Wholesale Risk||Authors:||Rogers, William
|Permanent link:||http://hdl.handle.net/10197/8701||Date:||Jun-2016||Abstract:||Smart metering in electricity markets offers an opportunity to explore more diversetariff structures. In this article a Genetic Algorithm (GA) is used to design Time ofUse tariffs that minimise the wholesale risk to the supplier in residential markets.Residential demand and the System Marginal Price of Ireland's Single ElectricityMarket are simulated to estimate the wholesale risk associated with each tariff.||Type of material:||Journal Article||Publisher:||Elsevier||Copyright (published version):||2016 Elsevier||Keywords:||Smart Grid tariff design; Genetic algorithm; Stochastic fitness function||DOI:||10.1016/j.endm.2016.03.004||Language:||en||Status of Item:||Peer reviewed||Conference Details:||International Network Optimization Conference, Warsaw, Poland, 18-20 May 2015|
|Appears in Collections:||Business Research Collection|
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