Real-time electricity retail pricing dual optimization with context-based fuzzy optimal algorithm

• Main Authors: Jamaludin, Jafferi, Ohmori, Hiromitsu, Azzuhri, Saaidal Razalli
• Format: Article
• Published: TAYLOR & FRANCIS INC 2022
• Subjects: TK Electrical engineering. Electronics Nuclear engineering
• Online Access: http://eprints.um.edu.my/46235/; https://doi.org/10.1080/15325008.2022.2136785
• Institution: Universiti Malaya

Despite its bright prospect to promote affordable energy, one of the main concerns of real-time retail pricing for electricity is price volatility that would create potential bill shocks especially for low-income consumers. This would demotivate consumers to participate in real-time pricing scheme o...