In this thesis, the impact of customer baseline (CBL) accuracy on the Peak Time Rebate (PTR) program is investigated. In a hypothetical case, PTR is offered to the residential customers and its economic performance is evaluated with respect to the...
In current electricity market, demand side buys power indirectly through electric utilities, and it makes the demand side inelastic to market's price volatility and significantly affects the efficiency of the market. To fix the problem, it is esse...