Skip to main navigation Skip to search Skip to main content

面 向 需 求 响 应 的 数 据 驱 动 零 售 电 价 定 价 策 略

Translated title of the contribution: Data-driven Electricity Retail Pricing Strategy for Demand Response
  • Jiaqi Ruan
  • , Wenxuan Liu
  • , Junhua Zhao*
  • , Gaoqi Liang
  • , Chao Yang
  • , Fushuan Wen
  • *Corresponding author for this work
  • The Chinese University of Hong Kong, Shenzhen
  • Shenzhen Institute of Artificial Intelligence and Robotics for Society
  • Zhejiang University

Research output: Contribution to journalArticlepeer-review

Abstract

Demand response aims at shifting peak load to valley load and improving the load profile, so as to enhance the safety and economy of power system operation. Reasonable electricity retail pricing enables to guide users to adjust their energy consumption behaviors, thus facilitating demand response. In this context, an energy consumption behavior learning model and a customized retail pricing strategy are presented. Firstly, characteristics of energy consumption behaviors are analyzed, and long short-term memory networks based on multiple attention mechanisms are exploited to extract feature correlations and construct the energy consumption behavior learning model. Secondly, considering the price risk, a customized retail pricing model is proposed with the goal of fully developing users’demand response potential. Case simulation results demonstrate the superiority of the proposed learning model compared with traditional deep learning models, and the proposed customized retail pricing strategy is capable of developing time-varying demand response potentials while it is effective to hedge the profit risk for the retailer and the cost risk of electricity purchase for the user.

Translated title of the contributionData-driven Electricity Retail Pricing Strategy for Demand Response
Original languageChinese (Traditional)
Pages (from-to)133-141
Number of pages9
JournalDianli Xitong Zidonghua/Automation of Electric Power Systems
Volume47
Issue number7
DOIs
StatePublished - 10 Apr 2023
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Fingerprint

Dive into the research topics of 'Data-driven Electricity Retail Pricing Strategy for Demand Response'. Together they form a unique fingerprint.

Cite this