Monday, June 10, 2019

Clarifying the economic value of adjusting the power consumption

The economic value of demand response that adjusts the power consumption has not been clarified. A control method for maximizing cost-effectiveness of demand response is developed. Using this method, the optimal power consumption can be calculated based on the prediction of the power generation cost and the demand.

from Renewable Energy News -- ScienceDaily http://bit.ly/2I6UOre

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