Research of peak-valley TOU pricing model
Gao Zhihua
Abstract
Gao Zhihua
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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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