Title :
A microprocessor-based system for the implementation of variable spot pricing of electricity
Author :
Adamiak, Mark G. ; Roberts, David C. ; Ketz, Sam D.
Author_Institution :
American Electr. Power Service Corp., Columbus, OH, USA
Abstract :
A hardware and software system for variable spot pricing (VSP) that is in service in 550 homes is discussed. Its basic functions and implementation strategies are examined. The system manager, a wide-area communication network for timely and reliable communications between the system manager and the customer equipment, and customer premises equipment are described. Future directions for this technology are identified, including both technical advances required and additional applications for such a system.<>
Keywords :
electricity supply industry; microcomputer applications; power engineering computing; tariffs; VSP; electricity; microprocessor-based system; system manager; variable spot pricing; Costs; Elasticity; Energy consumption; Marketing and sales; Power generation economics; Pricing; Production; Scheduling; Supply and demand; Testing;
Journal_Title :
Computer Applications in Power, IEEE
