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In this paper, Distribution Locational Marginal Price (DLMP) instead of time-based pricing mechanism is applied to bill the customers.
End-users can be incentivized to provide DR through time-based pricing in general and dynamic pricing in particular.
"Time-based strategies" focus on the reduction of time required to accomplish tasks: "time-based competition" seeks to compress the time required to propose, develop, manufacture, market and deliver products, and "time-based pricing" depends on the length of time it takes to provide a commodity or service.
Despite these benefits, the number of households choosing to take up time-based pricing models has historically been quite low, and mandating this pricing can be politically difficult.
As devices and ecosystems enable us to share more and more data about our location and what we truly want at any given time, time-based pricing is simply a natural extension of this grand bargain and is coming to a theater near you.
That's the difference between value-based pricing and time-based pricing.
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In this particular case, it's about exploiting time-based price discrimination for music access.
The author discusses three kinds of price discrimination related to the DSM development in China: time-based electricity pricing, electricity price discrimination for industrial structure adjustment in China Fujian Provincee as a case), and direct power purchases by large customers and preferential tariff policy.
Because it allows you to take advantage of increasingly prevalent time-based electricity pricing schemes, in which your power company charges you more for using electricity at peak hours and less at times when there's less demand, like the middle of the night.
In general, DR can be based on incentives given to the end-users, or on time-based tariffs (prices).
Its main results were time-based vignette-pricing on the national motorway network according to vehicle categories.
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