Reducing the difference between on peak and off peak demand has long been recognized by utilities as an effective way of cutting the cost of producing electricity. Moreover, having prior knowledge about dynamic electricity rates gives the consumer...
Electrical engineering, Power resources, Economics
Description
Reducing the difference between on peak and off peak demand has long been recognized by utilities as an effective way of cutting the cost of producing electricity. Moreover, having prior knowledge about dynamic electricity rates gives the consumer...
Motivated by the government's clean energy targets, the penetration of Distributed Energy Resources (DER) is increasing. These DERs interconnections bring the added generation and storage capacity at the distribution level. Also, with the increasi...
