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Game theory approach to use of non-commercial power plants under time-of-use pricing

Journal Article · · IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States)
DOI:https://doi.org/10.1109/59.207318· OSTI ID:7178491
 [1];  [2]
  1. Tokyo Electric Power Co., Uchisalwai-cho, Chiyoda-ku, Tokyo (JP)
  2. Univ. of Tokyo, Hongo, Bunkyou-ku, Tokyo (JP)

There has been much research done on pricing theories for electric power utilities study. This paper employs the game theory approach for evaluating the impact of the introduction of customer owned NCP upon the pricing process when TOUP is used. We have derived various interesting results from this analysis some of which are; the conflict between NCP customers and the supplier forces the supplier to reduce the price for NCP customers, also perception of the situation in which they are involved plays an important role in this conflict. The game model analysis presented in this paper provides us detailed quantitative information on electricity prices and on the ways of using NCP.

OSTI ID:
7178491
Journal Information:
IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States), Journal Name: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States) Vol. 7:3; ISSN 0885-8950; ISSN ITPSE
Country of Publication:
United States
Language:
English