Title :
Estimating Price Elasticity of electricity for the major consumer categories of Gujarat state
Author :
Tambe, Varada J. ; Joshi, S.K.
Author_Institution :
Electr. Eng. Dept., Maharaja Sayajirao Univ. of Baroda, Vadodara, India
fDate :
Sept. 28 2014-Oct. 1 2014
Abstract :
Price Elasticity estimates of various consumers of electricity have been presented considering the aggregate price of electricity faced by Distribution companies of Gujarat state. The results highlight the need of category specific rational and optimum pricing policy for the load profile management activities in the backdrop of Demand Side Management.
Keywords :
demand side management; power markets; Gujarat state; demand side management; electricity price; load profile management; price elasticity estimation; Aggregates; Agriculture; Correlation coefficient; Educational institutions; Elasticity; Electricity; Estimation; Consumer category; Discom; Electricity; Price Elasticity;
Conference_Titel :
Power Engineering Conference (AUPEC), 2014 Australasian Universities
Conference_Location :
Perth, WA
DOI :
10.1109/AUPEC.2014.6966511