Dynamic programming in power system

A dynamic programming approach is used to find optimal power system operational strategies. The model finds near-optimal solutions that can be useful for TSOs. Time-domain simulations gives a more realistic estimate of operational costs. [pdf]
[FAQS about Dynamic programming in power system]

Dynamic pricing in power system

Dynamic pricing, or time-based pricing, allows utilities to charge customers more or less based on the fluctuating amount of demand in the system, altering consumers’ energy usage and, ideally, shaving peak demand. [pdf]
[FAQS about Dynamic pricing in power system]