Using utility information to calibrate customer demand management behavior models
- 1 May 2001
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Power Systems
- Vol. 16 (2), 317-322
- https://doi.org/10.1109/59.918305
Abstract
In times of stress customers can help a utility by means of voluntary demand management programs if they are offered the right incentives. The incentives offered can be optimized if the utility can estimate the outage or substitution costs of its customers. This paper illustrates how existing utility data can be used to predict customer demand management behavior. More specifically, it shows how estimated customer cost functions can be calibrated to help in designing efficient demand management contracts.Keywords
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