The Role of Demand Side Management
Pedram Samadi, Hamed Mohsenian-Rad, Vincent W.S. Wong and Robert Schober
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Whether in the form of direct load control or real-time pricing, demand-side management should be an essential ingredient of the smart grid. To induce residential consumers to participate, energy companies may need to offer billing discounts and be sensitive to how electricity consumption preferences vary with time of day.
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