Demand Response Technology Enhancements using Dynamic Prices

The objective of the study is to assess the costs and benefits of real-time rates, including required infrastructure, manufacturer interest, and customer impacts. The research approach will evaluate tariffs and their characteristics, demonstrate how these tariffs can be communicated to different customers using different communication technologies, and the impacts of the emerging trends (such as IoT platforms & devices, EV, energy storage systems, etc.) to improve demand flexibility.