An Algorithm for Electricity Pricing Considering Competition Among Energy Suppliers, M.Sc. Thesis Sharif University of Technology ; Rafiee, Majid (Supervisor) ; Najafi, Mehdi (Supervisor)
Abstract
In this study, a smart grid algorithm based on pricing and by considering a model in the electricity market is presenting, which is focused on reducing the cost of production for the supplier as well as increase the utility for the electricity consumer. The algorithm has been also modeling by considering multiple suppliers. The model has been designing by taking the home subscribers in to account and to increase their social welfare. The difference between the following developing model compared to the other ones, which are presented so far, is the consideration of the competition between suppliers and the real-time pricing conditions. In fact, in this model, the price of electricity has...
Cataloging briefAn Algorithm for Electricity Pricing Considering Competition Among Energy Suppliers, M.Sc. Thesis Sharif University of Technology ; Rafiee, Majid (Supervisor) ; Najafi, Mehdi (Supervisor)
Abstract
In this study, a smart grid algorithm based on pricing and by considering a model in the electricity market is presenting, which is focused on reducing the cost of production for the supplier as well as increase the utility for the electricity consumer. The algorithm has been also modeling by considering multiple suppliers. The model has been designing by taking the home subscribers in to account and to increase their social welfare. The difference between the following developing model compared to the other ones, which are presented so far, is the consideration of the competition between suppliers and the real-time pricing conditions. In fact, in this model, the price of electricity has...
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