Abstract:Demand-side management (DSM) programs in the industrial sector appear to be economically feasible due to the large controllable loads and relatively low costs per control point. Innovative electricity tariffs provide one of the most important DSM alternatives. Because real-time pricing (RTP) is considered as management option which reflects the real cost of generating electricity to the end user, the electricity cost saving potential of RTP through demand management is presented in this paper. These variables … Show more
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