Real-time pricing schemes make the customers to feel the energy price volatility and improve their load profiles. However, these schemes have no significant effect on demand-side uncertainty reduction. In this paper, considering smart grid infrastructures and smart building Energy Management System (EMS), a new real-time pricing scheme is presented to reduce the uncertainty of demand-side. In t...

The integration of intermittent resources of power generation, such as wind and solar, will lead to unprecedented energy price fluctuations and increasing price uncertainty. Besides improving forecasting, electricity retailers can meet this challenge by partly adopting the demand side of the electricity markets to the fluctuating supply side. The necessary communication infrastructure for this ...

real-time pricing schemes make the customers to feel the energy price volatility and improve their load profiles. however, these schemes have no significant effect on demand-side uncertainty reduction. in this paper, considering smart grid infrastructures and smart building energy management system (ems), a new real-time pricing scheme is presented to reduce the uncertainty of demand-side. in t...

Reliable location routing problem considers a location problem and a vehicle routing problem in order to select the optimal location of facilities and at the same time the optimal routes for vehicles considering the unexpected failure for facilities in which, all facilities may fail with a probability. In this paper, a bi-objective mathematical model has been developed to minimize the total cos...

the quality of firms’ reaction against demand uncertainty affects the production inputs employment. in this research i have studied and compared the behavior of active firms in manufacturing sector with respect to the risk attitude and tested it’s effect on production inputs combination(with the special emphasize on labor employment). the research findings reveal that active firms in manufactur...

We study the impact of yield uncertainty (supply side) and self-interested consumers (demand side) on the inefficiency in the influenza vaccine supply chain. Previous economic studies, focusing on demand side, find that the equilibrium demand is always less than the socially optimal demand since self-interested individuals do not internalize the social benefit of protecting others via reduced i...

In today’s rapidly changing energy markets, the role of direct load control programs are increasingly recognized as an underutilized resource 1 capable of providing numerous benefits to our electricity grid and to our society as a whole. Although different names are used to describe these programs, we use the term Demand Response (DR) to include the overarching segment of load participation res...