{"id":"https://openalex.org/W2536844666","doi":"https://doi.org/10.1109/fgct.2016.7605071","title":"Empirical analysis of real time pricing mechanisms for demand side management: contemporary review","display_name":"Empirical analysis of real time pricing mechanisms for demand side management: contemporary review","publication_year":2016,"publication_date":"2016-08-01","ids":{"openalex":"https://openalex.org/W2536844666","doi":"https://doi.org/10.1109/fgct.2016.7605071","mag":"2536844666"},"language":"en","primary_location":{"id":"doi:10.1109/fgct.2016.7605071","is_oa":false,"landing_page_url":"https://doi.org/10.1109/fgct.2016.7605071","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2016 Fifth International Conference on Future Generation Communication Technologies (FGCT)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5042554908","display_name":"ASM Ashraf Mahmud","orcid":"https://orcid.org/0000-0002-3832-1163"},"institutions":[{"id":"https://openalex.org/I147554453","display_name":"University of Bedfordshire","ror":"https://ror.org/0400avk24","country_code":"GB","type":"education","lineage":["https://openalex.org/I147554453"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Asm Ashraf Mahmud","raw_affiliation_strings":["Department of Computer Science and Technology, University of Bedfordshire, UK"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Technology, University of Bedfordshire, UK","institution_ids":["https://openalex.org/I147554453"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5110254889","display_name":"Paul Sant","orcid":null},"institutions":[{"id":"https://openalex.org/I147554453","display_name":"University of Bedfordshire","ror":"https://ror.org/0400avk24","country_code":"GB","type":"education","lineage":["https://openalex.org/I147554453"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Paul Sant","raw_affiliation_strings":["Department of Computer Science and Technology, University of Bedfordshire, UK"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Technology, University of Bedfordshire, UK","institution_ids":["https://openalex.org/I147554453"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5006803067","display_name":"Faisal Tariq","orcid":"https://orcid.org/0000-0002-0580-8805"},"institutions":[{"id":"https://openalex.org/I147554453","display_name":"University of Bedfordshire","ror":"https://ror.org/0400avk24","country_code":"GB","type":"education","lineage":["https://openalex.org/I147554453"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Faisal Tariq","raw_affiliation_strings":["Department of Computer Science and Technology, University of Bedfordshire, UK"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Technology, University of Bedfordshire, UK","institution_ids":["https://openalex.org/I147554453"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5001734224","display_name":"David Jazani","orcid":null},"institutions":[{"id":"https://openalex.org/I147554453","display_name":"University of Bedfordshire","ror":"https://ror.org/0400avk24","country_code":"GB","type":"education","lineage":["https://openalex.org/I147554453"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"David Jazani","raw_affiliation_strings":["Department of Computer Science and Technology, University of Bedfordshire, UK"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Technology, University of Bedfordshire, UK","institution_ids":["https://openalex.org/I147554453"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5042554908"],"corresponding_institution_ids":["https://openalex.org/I147554453"],"apc_list":null,"apc_paid":null,"fwci":0.9322,"has_fulltext":false,"cited_by_count":8,"citation_normalized_percentile":{"value":0.78692423,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"11","last_page":"16"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11954","display_name":"Energy Efficiency and Management","score":0.9878000020980835,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9872000217437744,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/demand-side","display_name":"Demand side","score":0.7248581051826477},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5419141054153442},{"id":"https://openalex.org/keywords/demand-management","display_name":"Demand management","score":0.44690531492233276},{"id":"https://openalex.org/keywords/empirical-research","display_name":"Empirical research","score":0.41372767090797424},{"id":"https://openalex.org/keywords/data-science","display_name":"Data science","score":0.3327316641807556},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.248052716255188},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.20234635472297668},{"id":"https://openalex.org/keywords/macroeconomics","display_name":"Macroeconomics","score":0.10912439227104187},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.0913669764995575},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.0820358395576477}],"concepts":[{"id":"https://openalex.org/C3020254827","wikidata":"https://www.wikidata.org/wiki/Q5255016","display_name":"Demand side","level":2,"score":0.7248581051826477},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5419141054153442},{"id":"https://openalex.org/C179366874","wikidata":"https://www.wikidata.org/wiki/Q1185130","display_name":"Demand management","level":2,"score":0.44690531492233276},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.41372767090797424},{"id":"https://openalex.org/C2522767166","wikidata":"https://www.wikidata.org/wiki/Q2374463","display_name":"Data science","level":1,"score":0.3327316641807556},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.248052716255188},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.20234635472297668},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.10912439227104187},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0913669764995575},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0820358395576477}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/fgct.2016.7605071","is_oa":false,"landing_page_url":"https://doi.org/10.1109/fgct.2016.7605071","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2016 Fifth International Conference on Future Generation Communication Technologies (FGCT)","raw_type":"proceedings-article"},{"id":"pmh:oai:uobrep.openrepository.com:10547/624223","is_oa":false,"landing_page_url":"http://hdl.handle.net/10547/624223","pdf_url":null,"source":{"id":"https://openalex.org/S4306400178","display_name":"University of Bedfordshire Repository (University of Bedfordshire)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I147554453","host_organization_name":"University of Bedfordshire","host_organization_lineage":["https://openalex.org/I147554453"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Conference papers, meetings and proceedings"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.8799999952316284,"id":"https://metadata.un.org/sdg/7","display_name":"Affordable and clean energy"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":23,"referenced_works":["https://openalex.org/W202517773","https://openalex.org/W1964864338","https://openalex.org/W1970859914","https://openalex.org/W1973266184","https://openalex.org/W1974030538","https://openalex.org/W1975404935","https://openalex.org/W1984560471","https://openalex.org/W1987785569","https://openalex.org/W2008445563","https://openalex.org/W2027675205","https://openalex.org/W2062912550","https://openalex.org/W2064076655","https://openalex.org/W2066161780","https://openalex.org/W2068060907","https://openalex.org/W2082034273","https://openalex.org/W2105848321","https://openalex.org/W2134447111","https://openalex.org/W2141692617","https://openalex.org/W2164124245","https://openalex.org/W2168325664","https://openalex.org/W3123403087","https://openalex.org/W4239826871","https://openalex.org/W6608215615"],"related_works":["https://openalex.org/W2608128233","https://openalex.org/W1998571717","https://openalex.org/W2130968537","https://openalex.org/W2360968725","https://openalex.org/W2024074415","https://openalex.org/W1523632217","https://openalex.org/W3146129124","https://openalex.org/W2371460725","https://openalex.org/W2577361510","https://openalex.org/W4200137535"],"abstract_inverted_index":{"The":[0,57,152],"smart":[1,35],"grid":[2,36],"promises":[3],"a":[4,24,67,77,107,127,134,143,156],"myriad":[5],"of":[6,26,30,34,79,83],"benefits":[7],"for":[8,177],"both":[9],"the":[10,31,46,63,80,96,138,174,178],"consumer":[11],"and":[12,49,94],"energy":[13,179],"service":[14],"providers.":[15,180],"However,":[16],"realising":[17],"its":[18],"potential":[19],"is":[20,38,60,100,124],"subject":[21],"to":[22,137,166],"solving":[23],"number":[25],"complex":[27,147],"issues.":[28],"One":[29],"major":[32],"directions":[33],"research":[37],"demand":[39,48,89],"response":[40,90],"modelling":[41],"that":[42,87,99,120,145,163],"aimed":[43],"at":[44],"reducing":[45,173],"peak":[47],"billing":[50],"by":[51,105],"introducing":[52],"appropriate":[53],"real":[54,68,92,103,121,157],"time":[55,69,93,122,158],"pricing.":[56],"main":[58],"difficulty":[59],"in":[61,91],"managing":[62],"optimum":[64],"pricing":[65],"on":[66],"basis.":[70],"In":[71],"this":[72],"paper,":[73],"we":[74,141],"will":[75,132],"provide":[76,133],"state":[78],"art":[81],"review":[82],"an":[84],"existing":[85],"approach":[86],"models":[88],"also":[95],"underlying":[97],"model":[98,118,144,154],"tested":[101],"with":[102,111],"data":[104],"using":[106],"stochastic":[108,114],"iterative":[109],"process":[110],"simultaneous":[112],"perturbation":[113],"approximation":[115],"algorithm.":[116],"Our":[117],"shows":[119],"price":[123,171],"better":[125],"than":[126],"flat":[128],"rate":[129],"price.":[130],"We":[131],"brief":[135],"outlook":[136],"future":[139],"where":[140],"propose":[142],"takes":[146],"customers'":[148],"behaviour":[149],"into":[150],"consideration.":[151],"proposed":[153],"includes":[155],"Price":[159],"Suggestion":[160],"Unit":[161],"(PSU)":[162],"assists":[164],"users":[165],"further":[167],"reduce":[168],"their":[169],"electricity":[170],"while":[172],"aggregate":[175],"load":[176]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":4}],"updated_date":"2026-03-20T23:20:44.827607","created_date":"2025-10-10T00:00:00"}
