| Presentation | 2014-05-30 A Probabilistic Approach to Design of Real-Time Pricing Koichi KOBAYASHI, Kunihiko HIRAISHI, |
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| PDF Download Page |  PDF download Page Link |
| Abstract(in Japanese) | (See Japanese page) |
| Abstract(in English) | In this paper, a design method of real-time pricing of electricity is proposed. First, the relation between the price and power consumption is modeled by a probabilistic discrete model, which is based on discrete-time Markov chains. Next, the pricing problem is formulated, and is reduced to a mixed integer linear programming problem. |
| Keyword(in Japanese) | (See Japanese page) |
| Keyword(in English) | demand response program / mixed integer programming / Markov chain / real-time pricing |
| Paper # | RCC2014-17,MICT2014-17 |
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| Conference Information | |
| Committee | RCC |
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| Conference Date | 2014/5/22(1days) |
| Place (in Japanese) | (See Japanese page) |
| Place (in English) | |
| Topics (in Japanese) | (See Japanese page) |
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| Paper Information | |
| Registration To | Reliable Communication and Control (RCC) |
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| Language | JPN |
| Title (in Japanese) | (See Japanese page) |
| Sub Title (in Japanese) | (See Japanese page) |
| Title (in English) | A Probabilistic Approach to Design of Real-Time Pricing |
| Sub Title (in English) | |
| Keyword(1) | demand response program |
| Keyword(2) | mixed integer programming |
| Keyword(3) | Markov chain |
| Keyword(4) | real-time pricing |
| 1st Author's Name | Koichi KOBAYASHI |
| 1st Author's Affiliation | Japan Advanced Institute of Science and Technology() |
| 2nd Author's Name | Kunihiko HIRAISHI |
| 2nd Author's Affiliation | Japan Advanced Institute of Science and Technology |
| Date | 2014-05-30 |
| Paper # | RCC2014-17,MICT2014-17 |
| Volume (vol) | vol.114 |
| Number (no) | 60 |
| Page | pp.pp.- |
| #Pages | 4 |
| Date of Issue | |