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To the extent that demand response represents an intentional electricity usage adjustment to price changes or incentive payments, consumers who exhibit more-variable load patterns on normal days may be capable of altering their loads more significantly in response to dynamic pricing plans. This study investigates the variation in the pre-enrollment load patterns of Korean commercial and industrial...
Dynamic pricing of electricity is receiving growing attention as a key enabler of the smart grid and a solution for promoting grid resilience to increasing penetration of renewable sources. Despite various dynamic pricing programs are contemplated and actively implemented by utilities in many developed economies, corporate decision makers are not aware of the extent to which their businesses can adapt...
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