A Model of Customizing Electricity Retail Prices Based on Load Profile Clustering Analysis
Sign Up to like & getrecommendations! Published in 2019 at "IEEE Transactions on Smart Grid"
DOI: 10.1109/tsg.2018.2825335
Abstract: The problem of customizing electricity retail prices using data mining techniques is studied in this paper. The density-based spatial clustering of applications with noise is first applied to load profile analysis, in order to explore… read more here.
Keywords: electricity retail; customizing electricity; load; model ... See more keywords
A stochastic newsvendor game with dynamic retail prices
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Industrial and Management Optimization"
DOI: 10.3934/jimo.2017072
Abstract: We extend stochastic newsvendor games with information lag by including dynamic retail prices, and we characterize their equilibria. We show that the equilibrium wholesale price is a nonincreasing function of the demand, while the retailer's… read more here.
Keywords: newsvendor game; retail prices; output; dynamic retail ... See more keywords