Optimal scheduling of demand response events using options valuation methods

IEEE Power and Energy Society General Meeting

Volumn , Issue , 2011, Pages

  Tyagi, Rajesh ^a   Black, Jason W ^a   Petersen, Jon ^b  

^a GE GLOBAL RESEARCH   (United States)

^b GEORGIA INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

Critical Peak Pricing; Demand Response; Option Value Analysis

Indexed keywords

CRITICAL PEAK PRICING; DECISION RULES; DEMAND RESPONSE; DEMAND RESPONSE PROGRAMS; DYNAMIC THRESHOLD; EVENT-BASED; EXAMPLE BASED; FUTURE BENEFITS; GENERATION COST; OPTIMAL SCHEDULING; OPTION VALUE; PLANNING HORIZONS; VALUATION METHODS;

ENERGY MANAGEMENT; ENERGY RESOURCES;

ELECTRIC UTILITIES;

EID: 82855169122     PISSN: 19449925     EISSN: 19449933     Source Type: Conference Proceeding    
DOI: 10.1109/PES.2011.6039344     Document Type: Conference Paper

References (4)

1. Southern California Edison, "Schedule CPP, Critical Peak Pricing", Rate Schedule, Filed: Sep 30, 2009.
2. R Kleinberg, "A multiple-choice secretary algorithm with applications to online auctions," in Proceedings of the 16th Annual ACM-SIAM Symposium on Discrete algorithms, 2005, pp. 630-631.
3. M. Babaioff, M. Dinitz, A. Gupta, N. Immorlica, and K. Talwar, "Secretary Problems: Weights and Discount,"'SODA', SIAM, Claire Mathieu, Ed., 2009, pp. 1245-1254.
4. A. N. Shiryayev, "Optimal stopping rules", Applications of Math, vol. 8. New York: Springer-Verlag.