The impact of electricity pricing schemes on storage adoption in Ontario

2012 ◽  
Author(s):  
Tommy Carpenter ◽  
Sahil Singla ◽  
Parsiad Azimzadeh ◽  
S. Keshav
Keyword(s):  
Electricity Pricing ◽  
Pricing Schemes ◽  
The Impact

scholarly journals Optimal Pricing Strategy of Electric Vehicle Charging Station for Promoting Green Behavior Based on Time and Space Dimensions

2020 ◽  
Vol 2020 ◽  
pp. 1-16
Author(s):  
Xiaomin Xu ◽  
Dongxiao Niu ◽  
Yan Li ◽  
Lijie Sun
Keyword(s):  
Electric Vehicles ◽  
Optimization Problems ◽  
Power Grid ◽  
Economic Benefits ◽  
Pricing Strategy ◽  
Optimal Pricing ◽  
Electricity Pricing ◽  
Optimal Pricing Strategy ◽  
Charging Stations ◽  
The Impact

Considering that the charging behaviors of users of electric vehicles (EVs) (including charging time and charging location) are random and uncertain and that the disorderly charging of EVs brings new challenges to the power grid, this paper proposes an optimal electricity pricing strategy for EVs based on region division and time division. Firstly, by comparing the number of EVs and charging stations in different districts of a city, the demand ratio of charging stations per unit is calculated. Secondly, according to the demand price function and the principle of profit maximization, the charging price between different districts of a city is optimized to guide users to charge in districts with more abundant charging stations. Then, based on the results of the zonal pricing strategy, the time-of-use (TOU) pricing strategy in different districts is discussed. In the TOU pricing model, consumer satisfaction, the profit of power grid enterprises, and the load variance of the power grid are considered comprehensively. Taking the optimization of the comprehensive index as the objective function, the TOU pricing optimization model of EVs is constructed. Finally, the nondominated sorting genetic algorithm (NSGA-II) is introduced to solve the above optimization problems. The specific data of EVs in a municipality directly under the Central Government are taken as examples for this analysis. The empirical results demonstrate that the peak-to-valley ratio of a certain day in the city is reduced from 56.8% to 43% by using the optimal pricing strategy, which further smooth the load curve and alleviates the impact of load fluctuation. To a certain extent, the problem caused by the uneven distribution of electric vehicles and charging stations has been optimized. An orderly and reasonable electricity pricing strategy can guide users to adjust charging habits, to ensure grid security, and to ensure the economic benefits of all parties.

scholarly journals A Stochastic Optimal Control Approach for Power Management in Plug-In Hybrid Electric Vehicles

2008 ◽  
Author(s):  
Scott J. Moura ◽  
Hosam K. Fathy ◽  
Duncan S. Callaway ◽  
Jeffrey L. Stein
Keyword(s):  
Power Management ◽  
Hybrid Electric Vehicle ◽  
Single Mode ◽  
Stochastic Dynamic ◽  
Electricity Pricing ◽  
Control Approach ◽  
Potential Benefits ◽  
Hybrid Electric ◽  
The Impact ◽  
Charge Depletion

This paper examines the problem of optimally splitting driver power demand among the different actuators (i.e., the engine and electric machines) in a plug-in hybrid electric vehicle (PHEV). Existing studies focus mostly on optimizing PHEV power management for fuel economy, subject to charge sustenance constraints, over individual drive cycles. This paper adds three original contributions to this literature. First, it uses stochastic dynamic programming to optimize PHEV power management over a distribution of drive cycles, rather than a single cycle. Second, it explicitly trades off fuel and electricity usage in a PHEV, thereby systematically exploring the potential benefits of controlled charge depletion over aggressive charge depletion followed by charge sustenance. Finally, it examines the impact of variations in relative fuel-to-electricity pricing on optimal PHEV power management. The paper focuses on a single-mode powersplit PHEV configuration for mid-size sedans, but its approach is extendible to other configurations and sizes as well.

Pay Now or Later? The Impact of Temporal Separation of Payments and Consumption on Consumer Payment Preferences

2011 ◽  
pp. 172-205
Author(s):  
Ranjan Dutta ◽  
Jonathan J. Koehler
Keyword(s):  
Behavioral Economics ◽  
Consumer Preferences ◽  
Temporal Separation ◽  
Psychological Variables ◽  
Economics Literature ◽  
Systematic Relationships ◽  
Pricing Schemes ◽  
The Impact

In this chapter, we draw on the behavioral economics literature to identify the conditions under which consumers would prefer one of three pricing schemes (pre-payment, pay-as-you-go, and post-payment). We suggest that consumer preferences for particular pricing schemes are likely to be determined by systematic relationships that exist among a variety of psychological variables. We offer nine empirical propositions that identify when consumers will prefer different pricing schemes.

Powering the economy

2021 ◽  
pp. 158-216
Author(s):  
Malcolm Abbott ◽  
Bruce Cohen
Keyword(s):  
Renewable Energy ◽  
Natural Gas ◽  
Reform Process ◽  
Electricity Pricing ◽  
Natural Gas Markets ◽  
International Trends ◽  
Pros And Cons ◽  
Reform Processes ◽  
Gas Markets ◽  
The Impact

In this chapter the reform processes relating to the electricity and natural gas markets are examined, beginning with the changes that occurred in the early 1990s and tracking through the first two decades of the new century. In doing so, the influence of international trends are considered, and the various benefits and problems associated with the reform process are discussed in detail. In addition to looking at the structural and ownership changes that occurred during this period, specific attention is given to the manner in which prices for monopoly assets were determined, changes in regulation of electricity pricing for retail customers and the impact of the measures used to promote renewable energy. Related to these various reforms has been the problems that have arisen from the need to ensure security of supply. Additional attention, therefore, is given to an examination of these issues, including the pros and cons of establishing a domestic gas reserve policy.

AHP Analysis in the Step Tariff of Electricity Program in Decision-Making in Research

2014 ◽  
Vol 1008-1009 ◽  
pp. 771-774
Author(s):  
Wei Xiong ◽  
Yu Zou ◽  
Shi Wei Su
Keyword(s):  
Electricity Consumption ◽  
Power Demand ◽  
Allocation Of Resources ◽  
User Cost ◽  
Electricity Pricing ◽  
Load Curve ◽  
Rational Allocation ◽  
Pricing Schemes ◽  
Further Development ◽  
Price Offer

Step tariff of electricity as an important technique in the electric power demand side management, can smooth the load curve, and can also realize the rational allocation of resources. In view of the scheme designing step tariff of electricity price, at the same time considering residents' per capita income and the average household electricity consumption, using AHP, research steps user cost of electricity pricing schemes. And on the basis of the step tariff of electricity implementation project of Hubei province data, combined with the local consumption were analyzed, and for the further development of step tariff and the price offer certain reference basis in the future.

The impact of cordon design on the performance of road pricing schemes

2002 ◽  
Vol 9 (3) ◽  
pp. 209-220 ◽  
Author(s):  
A.D May ◽  
R Liu ◽  
S.P Shepherd ◽  
A Sumalee
Keyword(s):  
Road Pricing ◽  
Pricing Schemes ◽  
The Impact
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