A novel economic model for price-based demand response

Title
A novel economic model for price-based demand response
Authors
Keywords
Demand response (DR) programs, Time-of-use (TOU) pricing, Diamond's OLG model, Peak load reduction, Substitution effect, Income effect
Journal
ELECTRIC POWER SYSTEMS RESEARCH
Volume 135, Issue -, Pages 1-9
Publisher
Elsevier BV
Online
2016-03-25
DOI
10.1016/j.epsr.2016.03.026

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