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Electricity price as a market lever plays a key role in interaction between supply and demand. Considering that electricity price in sale market is still regulated in some countries like China, we propose a new method of formulating peak-valley price (PVP) and interruptible price (IP) based on maximizing social benefits. Through implementation of the pricing measures, demand-side resources can be...
Electrical vehicles (EVs) have appreciated much attention with the increasing pressure on the environment and energy supply. Considering that user gets revenue by arbitrage, we propose an optimal charge control model for plug-in Electric Vehicles to minimize user charge cost in an open and perfect electricity market. Based on the model, combining the analysis of the charge power demand, we calculate...
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