Projects per year
Abstract
"Critical Peak Pricing(CPP)" refers to a method of pricing electricity whereby "Time of Use (TOU)Pricing" is in effect with the exception of certain "peak periods" at which time electric prices may reflect the costs of generating and/or purchasing electricity at the wholesale level[1]. It aims to reduce load during the relatively few, very expensive hours more dynamically. In CPP tariff design, the important elements are the time window over the peak price period and the degree of price differentiations between the peak and off peak times. This paper uses Great Britain market index prices and market index volumes to statistically analyze the price distribution and demand distribution. These analyses will inform the design of appropriate peak pricing window if Great Britain is to move to CPP.
Original language | English |
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Title of host publication | 2011 IEEE PES General Meeting: The Electrification of Transportation and the Grid of the Future |
Place of Publication | Piscataway, NJ |
Publisher | IEEE |
ISBN (Print) | 19449925 |
DOIs | |
Publication status | Published - 2011 |
Event | 2011 IEEE PES General Meeting: The Electrification of Transportation and the Grid of the Future - Detroit, MI, UK United Kingdom Duration: 24 Jul 2011 → 28 Jul 2011 |
Publication series
Name | IEEE Power and Energy Society General Meeting |
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Publisher | IEEE Computer Society |
Conference
Conference | 2011 IEEE PES General Meeting: The Electrification of Transportation and the Grid of the Future |
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Country/Territory | UK United Kingdom |
City | Detroit, MI |
Period | 24/07/11 → 28/07/11 |
Bibliographical note
Paper number 6039603. 2011 IEEE PES General Meeting: The Electrification of Transportation and the Grid of the Future. 24-28 July 2011. Detroit, MI, United States.Fingerprint
Dive into the research topics of 'Critical peak pricing tariff design for mass consumers in Great Britain'. Together they form a unique fingerprint.Projects
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ECONOMICALLY EFFICIENT NETWORK CHARGING METHODOLOGY FOR A SY STEM WITH SIGNIFICANT INTERMITTENT GENERATION - ARF
Li, F. (PI)
Engineering and Physical Sciences Research Council
1/10/06 → 30/09/11
Project: Research council