Sentence examples for virtual price from inspiring English sources

Moreover, the scheme set a virtual price ceiling: if the price goes over $600 a tonne (it is currently $495), the government pockets 95% of the proceeds thereafter.

Dr. Hughes at Rutgers said "many market sectors of the region have seen a virtual price frenzy over the last two years, and it's probably not sustainable in the long term".

A virtual price defines the key for the matching process between order and product.

The virtual price criterion is also introduced to evaluate the effect of FIT expenditure on consumers' surplus.

As the post-processing comes at a cost, logistics costs, administrative costs and transformation costs are also considered for constructing the virtual price.

24 The virtual price is the price the consumer is willing to pay for a given good and is always less than the actual price.

This measure involves not only the variable u but also outputs and their corresponding virtual prices.

The KT solutions can equivalently be expressed in terms of virtual prices (Neary and Roberts, 1980).

"Responsive" EV agents are the ones that respond rationally to the virtual pricing signals, whereas "Unresponsive" EV agents define their charging schedule regardless the virtual cost.

The EV/DG aggregator agent is responsible to maximize the aggregator's profit by designing the appropriate virtual pricing policy according to accurate power demand and generation forecasts.

Using (3) and the virtual prices and wage in (6) we obtain: p m d U h d C h, j − ξ j d U h d C h, m − = 0 ; j = 1, …, m p m d U h d L h − ξ L d U h d C h, m = 0 (7).