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Development of a three‐part time‐of‐day electrical energy tariff
Author(s) -
Ahmed S. Shahnawaz,
Hossain A. K. M. Tafazzal
Publication year - 1998
Publication title -
international journal of energy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.808
H-Index - 95
eISSN - 1099-114X
pISSN - 0363-907X
DOI - 10.1002/(sici)1099-114x(19981010)22:12<1029::aid-er419>3.0.co;2-i
Subject(s) - tariff , economics , revenue , consumption (sociology) , point (geometry) , capital cost , environmental science , engineering , mathematics , finance , macroeconomics , international economics , social science , geometry , sociology
This paper presents an analytical technique for determining peak, offpeak and midpeak hours tariffs for various durations of these three periods. The technique considers the existing flat rate tariff, an hourly generation scenario of a utility on an average yearly demand day, the weighted average life time, annutised capital cost and fuel cost of base and peak load plants, and a break even point condition in the utility's revenue. The developed tariff has been applied to 30 representative industrial consumers served by the Bangladesh Power Development Board (BPDB) to estimate the minimum possible shift in consumption pattern and hence corresponding reduction in peak generation capacity requirement as well as peak time load shedding by BPDB. © 1998 John Wiley & Sons, Ltd.