Synthetic pricing for devices in an energy management system
Abstract:
Techniques for providing a synthetic price are described herein. The techniques may include a method of synthetic price provisioning including identifying a device operating in a consumption entity, wherein the device operates at least partially based on a pricing signal provided by an energy provider. Optimal operation is determined based on the device and other devices in the consumption entity. The method includes providing a synthetic pricing signal to replace the pricing signal provided by the energy provider such that the devices operate according to the optimization model.
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