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We suggest two retail-pricing schemes, real-time pricing and a two-part tariff with demand charges, to address these issues.
R. McEver, "Real-Time Pricing," Energy Markets 8, no. 2 (2002).
But minimizing the risks of giving consumers real-time pricing information also diminishes the benefits.
Furthermore, design of real-time pricing systems of electricity is considered as an application.
The effectiveness of the proposed method is presented by a numerical example on real-time pricing systems.
This concern is particularly relevant when time-dependent and especially real-time pricing of electricity is available.
Most of the subscribers, she said, already had one of the 20 Nokia models required to subscribe to the real-time pricing service.
The bill also promotes "smart" electric meters and real-time pricing, both essential for the growth of micropower technologies such as fuel cells.
But that stability would come at the cost of some of the efficiencies that real-time pricing is intended to provide.
Retail industry analysts said corporate retailers have begun using computer systems that let them do real-time pricing and profit analysis.
My cooperative building, 322 Central Park West, participates in a real-time pricing program -- we purchase electricity at different prices during the day.
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