Encouraging Renewable Energy Consumption Through Dynamic Pricing

Smart Grids are smart networks of energy transmission and distribution that enable a two-way communication between the consumer and distributor. Smart Grids are important for energy sustainability and environmental preservation avoiding the non-renewable energy consumption since decentralized suppliers are able to supply energy demands through renewable energy. It will be possible to encourage renewable energy consumption using a dynamic pricing adopting different prices to each energy source. Some network and security issues arise with that network communication like if it will be able to calculate the price in a suitable time interval. So a challenge is to analyze the impact of ICT on this operation. We analyzed the impact of a dynamic pricing on consumption changes and energy generation, and the delay time to calculate the price in a clustered network architecture.

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