학술논문
A Bilevel Approach for Optimal Price-Setting of Time-and-Level-of-Use Tariffs
Document Type
Periodical
Source
IEEE Transactions on Smart Grid IEEE Trans. Smart Grid Smart Grid, IEEE Transactions on. 11(6):5462-5465 Nov, 2020
Subject
Language
ISSN
1949-3053
1949-3061
1949-3061
Abstract
The Time-and-Level-of-Use (TLOU) system is a recently developed approach for electric energy pricing, extending Time-of-Use with an energy capacity that customers can book in advance for a given consumption time. We define a bilevel optimization model for determining the pricing parameters of TLOU, maximizing the supplier revenue while anticipating an optimal reaction of the customer. A solution approach is built, based on the discrete finite set of optimality candidates of the lower-level customer problem.