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The response of an industrial firm to alternative...
Journal article

The response of an industrial firm to alternative electricity rate structures An optimization model for simulation applications

Abstract

A theoretical linear programming model of the response of an industrial firm to hypothetical time-of-use and peak demand electricity rates is presented. The firm minimizes total cost by annual, weekly, and daily production scheduling. It may also change the proportions of energy input supplied by electricity, natural gas, and oil, and in the long run it may expand or contract its plant size. Realistic values are assigned to the parameters of …

Authors

Denton FT; Jefferies KL; Mountain DC; Robb AL; Spencer BG

Journal

Resources and Energy, Vol. 9, No. 4, pp. 327–346

Publisher

Elsevier

Publication Date

December 1987

DOI

10.1016/0165-0572(87)90002-8

ISSN

0165-0572

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