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- [Shun-ichi Azuma] Design principle of real-time pricing
Kyoto University
Associate Professor
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Real-time pricing, i.e., changing electricity price dynamically, is known to be a promising technique to balance the supply and demand of electricity. In this project, we aim to establish a design principle based on the feedback control theory. In particular, we develop a “scenario model set”, which is a collection of ideal models of real-time pricing, as a design principle.