Industrial power demand response analysis for one-part real-time pricing

Journal Article · Sun Feb 01 04:00:00 EST 1998 · IEEE Transactions on Power Systems

DOI:https://doi.org/10.1109/59.651628· OSTI ID:605729

Roos, J G ^[1]; Lane, I E ^[2]

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1. Univ. of Pretoria (South Africa)
2. Energy Efficiency Enterprises, Pretoria (South Africa)

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 an excellent 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. A unique analytical approach is followed to describe the potential electricity cost savings mathematically in terms of variables familiar to both the end user and utility. These variables include the installed power consumption capacity of the plant, the plant`s spare energy consumption capacity, and terms that describe the structure of the RTP tariff.

• OSTI ID: 605729
• Journal Information: IEEE Transactions on Power Systems, Journal Name: IEEE Transactions on Power Systems Journal Issue: 1 Vol. 13; ISSN ITPSEG; ISSN 0885-8950
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
CALCULATION METHODS
ELECTRIC UTILITIES
INDUSTRIAL PLANTS
LOAD MANAGEMENT
POWER DEMAND
TIME-OF-USE PRICING