2007•Power Demand Side ManagementRequires access

Research of peak-valley TOU pricing model

Gao Zhihua

Open publisher page 3 citations

Abstract

TOU price is an important DSM measure which can correctly reflect the relationship between the power generation cost and supply and demand.By drawing on overseas and domestic experiences,the power pricing methods of peak,flat and valley load segment and consumer demand response are analyzed and a pricing model of peak-valley TOU price considering power rate winkage between demand side and generation side and price elasticity of demand is built.The model simulation flow is also introduced in detail.The simulation results show that the model is practicable and feasible,and it is beneficial to reduce the grid peak load and improve the load curves.

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What this paper is about

TOU price is an important DSM measure which can correctly reflect the relationship between the power generation cost and supply and demand.By drawing on overseas and domestic experiences,the power pricing methods of peak,flat and valley load segment and consumer demand response are analyzed and a pricing model of peak-valley TOU price considering power rate winkage between demand side and generation side and price elasticity of demand is built.The model simulation flow is also introduced in detail.The simulation results show that the model is practicable and feasible,and it is beneficial to reduce the grid peak load and improve the load curves.

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Available abstract

TOU price is an important DSM measure which can correctly reflect the relationship between the power generation cost and supply and demand.By drawing on overseas and domestic experiences,the power pricing methods of peak,flat and valley load segment and consumer demand response are analyzed and a pricing model of peak-valley TOU price considering power rate winkage between demand side and generation side and price elasticity of demand is built.The model simulation flow is also introduced in detail.The simulation results show that the model is practicable and feasible,and it is beneficial to reduce the grid peak load and improve the load curves.

Key concepts: Demand side, Price elasticity of demand, Peak demand, Economics, Power flow, Power grid, Grid, Peak load

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