An adaptive demand response framework using price elasticity model in distribution networks

•To develop an adaptive economic DR framework using price elasticity model to imitate customer’s behaviour.•A dynamic elasticity using deterministic approach is designed to interrelate peak hour’s elasticity to valley/off peak hours for the load recovery.•A stochastic approach using a geometric Brow...

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Veröffentlicht in:	Electric power systems research 2022-01, Vol.202, p.107597, Article 107597
Hauptverfasser:	Pandey, Vipin Chandra, Gupta, Nikhil, Niazi, K.R., Swarnkar, Anil, Thokar, Rayees Ahmad
Format:	Artikel
Sprache:	eng
Schlagworte:	Brownian motion Bus interconnections Customers Demand Dynamic elasticity Economic impact Economic models Elasticity Impact analysis Load disaggregation Materials elasticity Mathematical models Price based demand response Price elasticity Recovery Sensitivity Stochastic model Stochastic models
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