Engineering Commons^™

Dynamic Pricing Of Electricity And Demand Response In Smart Communities, Vignesh Subramanian

USF Tampa Graduate Theses and Dissertations

Grid modernization using advanced metering infrastructure (AMI) will continue to enhance timely communication among the system operator (SO), producers, and consumers. This will further empower the vision of dynamic pricing and demand side management (DSM). The phrase dynamic pricing in this dissertation refers to the practice of disclosing binding prices of electricity just ahead of consumption. As regards DSM, the focus is on collective demand response (DR) by aggregators managing consumers’ loads in smart and connected communities (households, businesses, industries and aggregation of electric vehicle batteries). However, practitioners and researchers alike have expressed the fear that dynamic pricing may cause …