{"id":"https://openalex.org/W2768163101","doi":"https://doi.org/10.1109/tsmc.2017.2764442","title":"Optimal Dynamic Pricing for Trading-Off User Utility and Operator Profit in Smart Grid","display_name":"Optimal Dynamic Pricing for Trading-Off User Utility and Operator Profit in Smart Grid","publication_year":2017,"publication_date":"2017-11-16","ids":{"openalex":"https://openalex.org/W2768163101","doi":"https://doi.org/10.1109/tsmc.2017.2764442","mag":"2768163101"},"language":"en","primary_location":{"id":"doi:10.1109/tsmc.2017.2764442","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsmc.2017.2764442","pdf_url":null,"source":{"id":"https://openalex.org/S4210209078","display_name":"IEEE Transactions on Systems Man and Cybernetics Systems","issn_l":"2168-2216","issn":["2168-2216","2168-2232"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Systems, Man, and Cybernetics: Systems","raw_type":"journal-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/A5100762228","display_name":"Jannatul Ferdous","orcid":"https://orcid.org/0000-0003-3855-9144"},"institutions":[{"id":"https://openalex.org/I205746353","display_name":"University of Dhaka","ror":"https://ror.org/05wv2vq37","country_code":"BD","type":"education","lineage":["https://openalex.org/I205746353"]}],"countries":["BD"],"is_corresponding":true,"raw_author_name":"Jannatul Ferdous","raw_affiliation_strings":["Department of Computer Science and Engineering, University of Dhaka, Dhaka, Bangladesh"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Engineering, University of Dhaka, Dhaka, Bangladesh","institution_ids":["https://openalex.org/I205746353"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5086046043","display_name":"Md Parvez Mollah","orcid":"https://orcid.org/0000-0002-7131-1354"},"institutions":[{"id":"https://openalex.org/I205746353","display_name":"University of Dhaka","ror":"https://ror.org/05wv2vq37","country_code":"BD","type":"education","lineage":["https://openalex.org/I205746353"]}],"countries":["BD"],"is_corresponding":false,"raw_author_name":"Md. Parvez Mollah","raw_affiliation_strings":["Department of Computer Science and Engineering, University of Dhaka, Dhaka, Bangladesh"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Engineering, University of Dhaka, Dhaka, Bangladesh","institution_ids":["https://openalex.org/I205746353"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5025714479","display_name":"Md. Abdur Razzaque","orcid":"https://orcid.org/0000-0002-2542-1923"},"institutions":[{"id":"https://openalex.org/I205746353","display_name":"University of Dhaka","ror":"https://ror.org/05wv2vq37","country_code":"BD","type":"education","lineage":["https://openalex.org/I205746353"]}],"countries":["BD"],"is_corresponding":false,"raw_author_name":"Md. Abdur Razzaque","raw_affiliation_strings":["Department of Computer Science and Engineering, University of Dhaka, Dhaka, Bangladesh"],"affiliations":[{"raw_affiliation_string":"Department of Computer Science and Engineering, University of Dhaka, Dhaka, Bangladesh","institution_ids":["https://openalex.org/I205746353"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5085933596","display_name":"Mohammad Mehedi Hassan","orcid":"https://orcid.org/0000-0002-3479-3606"},"institutions":[{"id":"https://openalex.org/I28022161","display_name":"King Saud University","ror":"https://ror.org/02f81g417","country_code":"SA","type":"education","lineage":["https://openalex.org/I28022161"]}],"countries":["SA"],"is_corresponding":false,"raw_author_name":"Mohammad Mehedi Hassan","raw_affiliation_strings":["Chair of Pervasive and Mobile Computing, College of Computer and Information Sciences, King Saud University, Riyadh, Saudi Arabia"],"affiliations":[{"raw_affiliation_string":"Chair of Pervasive and Mobile Computing, College of Computer and Information Sciences, King Saud University, Riyadh, Saudi Arabia","institution_ids":["https://openalex.org/I28022161"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5066812191","display_name":"Atif Alamri","orcid":"https://orcid.org/0000-0002-1887-5193"},"institutions":[{"id":"https://openalex.org/I28022161","display_name":"King Saud University","ror":"https://ror.org/02f81g417","country_code":"SA","type":"education","lineage":["https://openalex.org/I28022161"]}],"countries":["SA"],"is_corresponding":false,"raw_author_name":"Atif Alamri","raw_affiliation_strings":["Chair of Pervasive and Mobile Computing, College of Computer and Information Sciences, King Saud University, Riyadh, Saudi Arabia"],"affiliations":[{"raw_affiliation_string":"Chair of Pervasive and Mobile Computing, College of Computer and Information Sciences, King Saud University, Riyadh, Saudi Arabia","institution_ids":["https://openalex.org/I28022161"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5023424929","display_name":"Giancarlo Fortino","orcid":"https://orcid.org/0000-0002-4039-891X"},"institutions":[{"id":"https://openalex.org/I45204951","display_name":"University of Calabria","ror":"https://ror.org/02rc97e94","country_code":"IT","type":"education","lineage":["https://openalex.org/I45204951"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Giancarlo Fortino","raw_affiliation_strings":["Department of Informatics, Modeling, Electronics, and Systems, University of Calabria, Rende, Italy"],"affiliations":[{"raw_affiliation_string":"Department of Informatics, Modeling, Electronics, and Systems, University of Calabria, Rende, Italy","institution_ids":["https://openalex.org/I45204951"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5081318069","display_name":"MengChu Zhou","orcid":"https://orcid.org/0000-0002-5408-8752"},"institutions":[{"id":"https://openalex.org/I118118575","display_name":"New Jersey Institute of Technology","ror":"https://ror.org/05e74xb87","country_code":"US","type":"education","lineage":["https://openalex.org/I118118575"]},{"id":"https://openalex.org/I185163786","display_name":"King Abdulaziz University","ror":"https://ror.org/02ma4wv74","country_code":"SA","type":"education","lineage":["https://openalex.org/I185163786"]}],"countries":["SA","US"],"is_corresponding":false,"raw_author_name":"MengChu Zhou","raw_affiliation_strings":["Helen and John C. Hartmann Department of Electrical and Computer Engineering, New Jersey Institute of Technology, Newark, USA","Renewable Energy Research Group, King Abdulaziz University, Jeddah, Saudi Arabia"],"affiliations":[{"raw_affiliation_string":"Helen and John C. Hartmann Department of Electrical and Computer Engineering, New Jersey Institute of Technology, Newark, USA","institution_ids":["https://openalex.org/I118118575"]},{"raw_affiliation_string":"Renewable Energy Research Group, King Abdulaziz University, Jeddah, Saudi Arabia","institution_ids":["https://openalex.org/I185163786"]}]}],"institutions":[],"countries_distinct_count":4,"institutions_distinct_count":7,"corresponding_author_ids":["https://openalex.org/A5100762228"],"corresponding_institution_ids":["https://openalex.org/I205746353"],"apc_list":null,"apc_paid":null,"fwci":2.3309,"has_fulltext":false,"cited_by_count":52,"citation_normalized_percentile":{"value":0.89473851,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":91,"max":99},"biblio":{"volume":"50","issue":"2","first_page":"455","last_page":"467"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998999834060669,"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":0.9998999834060669,"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/T10424","display_name":"Electric Power System Optimization","score":0.9943000078201294,"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/T11052","display_name":"Energy Load and Power Forecasting","score":0.9919000267982483,"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/smart-grid","display_name":"Smart grid","score":0.7937118411064148},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.7129402160644531},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.6316790580749512},{"id":"https://openalex.org/keywords/dynamic-pricing","display_name":"Dynamic pricing","score":0.6062179803848267},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.5527429580688477},{"id":"https://openalex.org/keywords/operator","display_name":"Operator (biology)","score":0.5506236553192139},{"id":"https://openalex.org/keywords/grid","display_name":"Grid","score":0.5229383707046509},{"id":"https://openalex.org/keywords/exploit","display_name":"Exploit","score":0.48831436038017273},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.4385886490345001},{"id":"https://openalex.org/keywords/dynamic-demand","display_name":"Dynamic demand","score":0.4161131978034973},{"id":"https://openalex.org/keywords/electric-power-system","display_name":"Electric power system","score":0.4104008674621582},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.3948725461959839},{"id":"https://openalex.org/keywords/distributed-computing","display_name":"Distributed computing","score":0.3491833209991455},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.33944281935691833},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.3342962861061096},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.17144611477851868},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.1693037748336792},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.16130772233009338},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.1264713704586029},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.11374935507774353}],"concepts":[{"id":"https://openalex.org/C10558101","wikidata":"https://www.wikidata.org/wiki/Q689855","display_name":"Smart grid","level":2,"score":0.7937118411064148},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.7129402160644531},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.6316790580749512},{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.6062179803848267},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.5527429580688477},{"id":"https://openalex.org/C17020691","wikidata":"https://www.wikidata.org/wiki/Q139677","display_name":"Operator (biology)","level":5,"score":0.5506236553192139},{"id":"https://openalex.org/C187691185","wikidata":"https://www.wikidata.org/wiki/Q2020720","display_name":"Grid","level":2,"score":0.5229383707046509},{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.48831436038017273},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4385886490345001},{"id":"https://openalex.org/C45872418","wikidata":"https://www.wikidata.org/wiki/Q5318966","display_name":"Dynamic demand","level":3,"score":0.4161131978034973},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.4104008674621582},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.3948725461959839},{"id":"https://openalex.org/C120314980","wikidata":"https://www.wikidata.org/wiki/Q180634","display_name":"Distributed computing","level":1,"score":0.3491833209991455},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.33944281935691833},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.3342962861061096},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.17144611477851868},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1693037748336792},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.16130772233009338},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.1264713704586029},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.11374935507774353},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C86339819","wikidata":"https://www.wikidata.org/wiki/Q407384","display_name":"Transcription factor","level":3,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C158448853","wikidata":"https://www.wikidata.org/wiki/Q425218","display_name":"Repressor","level":4,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tsmc.2017.2764442","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsmc.2017.2764442","pdf_url":null,"source":{"id":"https://openalex.org/S4210209078","display_name":"IEEE Transactions on Systems Man and Cybernetics Systems","issn_l":"2168-2216","issn":["2168-2216","2168-2232"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Systems, Man, and Cybernetics: Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6700000166893005,"id":"https://metadata.un.org/sdg/7","display_name":"Affordable and clean energy"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320321145","display_name":"King Saud University","ror":"https://ror.org/02f81g417"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W265889855","https://openalex.org/W949575934","https://openalex.org/W1162641115","https://openalex.org/W1487007854","https://openalex.org/W1865198146","https://openalex.org/W1964284115","https://openalex.org/W1991227220","https://openalex.org/W1999126112","https://openalex.org/W2000164913","https://openalex.org/W2002506366","https://openalex.org/W2008668719","https://openalex.org/W2012887004","https://openalex.org/W2016152136","https://openalex.org/W2032124854","https://openalex.org/W2042454807","https://openalex.org/W2043699623","https://openalex.org/W2045243564","https://openalex.org/W2045362395","https://openalex.org/W2050495423","https://openalex.org/W2054429493","https://openalex.org/W2055134499","https://openalex.org/W2069515984","https://openalex.org/W2085866051","https://openalex.org/W2093169584","https://openalex.org/W2119866123","https://openalex.org/W2128936594","https://openalex.org/W2131780230","https://openalex.org/W2133904169","https://openalex.org/W2143845394","https://openalex.org/W2172031820","https://openalex.org/W2345205967","https://openalex.org/W2440756100","https://openalex.org/W2464431599","https://openalex.org/W2593034620","https://openalex.org/W2604500940","https://openalex.org/W2735750757","https://openalex.org/W3145585884","https://openalex.org/W4249241893"],"related_works":["https://openalex.org/W2171108821","https://openalex.org/W2074513827","https://openalex.org/W2057315382","https://openalex.org/W1498762745","https://openalex.org/W2402141875","https://openalex.org/W3014066038","https://openalex.org/W148990555","https://openalex.org/W2353074559","https://openalex.org/W1589973774","https://openalex.org/W2946986200"],"abstract_inverted_index":{"A":[0],"conventional":[1,73],"power":[2,11,19,40,46,66,74,130,162,178],"grid":[3,27,63,89,122],"is":[4],"criticized":[5],"by":[6,35,44],"its":[7],"poor":[8],"capability":[9],"of":[10,25,147,184],"usage":[12,47,179],"management,":[13],"especially":[14],"in":[15,57,78,120,188],"handling":[16],"dynamically":[17,142],"varying":[18],"demands":[20],"over":[21],"time.":[22],"The":[23,164],"concept":[24],"smart":[26,79,88,121],"has":[28,68],"been":[29,69],"introduced":[30],"to":[31,60,84,92,128,136,140,157],"mitigate":[32],"this":[33,98],"problem":[34],"satisfying":[36,194],"not":[37],"only":[38],"real-time":[39],"demands,":[41],"but":[42],"also":[43,150],"restricting":[45],"within":[48],"the":[49,62,72,126,144,161,182,185,190],"capacity.":[50],"Its":[51],"consistent":[52],"outperformance":[53],"and":[54,94,117,135],"new":[55],"perspective":[56],"computer":[58],"intelligence":[59],"control":[61],"for":[64,107,110],"autonomous":[65],"consumption":[67],"gradually":[70],"replacing":[71],"grid.":[75],"However,":[76],"even":[77],"grid,":[80],"providing":[81],"high":[82],"satisfaction":[83],"users":[85,141],"often":[86],"leads":[87],"operator":[90,118,127,191],"(SGO)":[91],"loss":[93],"vice":[95],"versa.":[96],"In":[97],"paper,":[99],"we":[100],"develop":[101],"an":[102,152],"optimal":[103],"dynamic":[104],"pricing":[105],"mechanism":[106],"trading-off":[108],"(ODPT),":[109],"SGOs":[111],"that":[112],"tradeoff":[113],"between":[114],"user":[115,195],"utility":[116],"profit":[119,192],"systems.":[123],"It":[124,149],"allows":[125],"purchase":[129],"from":[131],"multiple":[132],"energy":[133],"producers":[134],"set":[137],"selling":[138],"price":[139],"following":[143],"demand-supply":[145],"theory":[146],"economics.":[148],"exploits":[151],"artificial":[153],"neural":[154],"network":[155],"model":[156],"more":[158],"accurately":[159],"predict":[160],"usage.":[163],"simulation":[165],"results,":[166],"carried":[167],"out":[168],"on":[169],"a":[170],"commercially":[171],"available":[172],"optimization":[173],"modeling":[174],"tool":[175],"using":[176],"practical":[177],"data,":[180],"prove":[181],"effectiveness":[183],"proposed":[186],"ODPT":[187],"increasing":[189],"while":[193],"demands.":[196]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":9},{"year":2023,"cited_by_count":7},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":8},{"year":2019,"cited_by_count":6},{"year":2018,"cited_by_count":2}],"updated_date":"2026-03-27T05:58:40.876381","created_date":"2025-10-10T00:00:00"}
