Characterizing the Response of Commercial and Industrial Facilities to Dynamic Pricing Signals from the Utility
Description:
We describe a method to generate statistical models of electricity demand from Commercial and Industrial (C&I) facilities including their response to dynamic pricing signals. Models are built with historical electricity demand data. A facility model is the sum of a baseline demand model and a residual demand model; the latter quantifies deviations from the baseline model due to dynamic pricing signals from the utility. Three regression-based baseline computation methods were developed and a…
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Date:
July 1, 2010
Creator:
Mathieu, Johanna L.; Gadgil, Ashok J.; Callaway, Duncan S.; Price, Phillip N. & Kiliccote, Sila
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