Research Article Open Access

Designing of TOU Power Price Based on Game-Theoretic Approach

Abstract

Requirement for power differs throughout the day, improving the average cost of power source. A timeof- use (TOU) expense has been suggested as a demand-side management (DSM) technique to influence customer requirements. In this paper, we explain a game-theoretic approach to improve TOU expenses strategies (GT-TOU). We recommend designs of expenses to power organizations coming up from customer demand fluctuations, and designs of customer fulfillment with the difference between the affordable demand and the actual intake.

K.R.Akshara, Prof. P.Sangameshwara Raju

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