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Mathematical Problems in Engineering
Volume 2018, Article ID 8760575, 10 pages
https://doi.org/10.1155/2018/8760575
Research Article

Real-Time Pricing for Demand Response in Smart Grid Based on Alternating Direction Method of Multipliers

Hongbo Zhu,1,2 Yan Gao,1 and Yong Hou3,4

1School of Management, University of Shanghai for Science and Technology, Shanghai 200093, China
2Faculty of Mathematics and Physics, Huaiyin Institute of Technology, Huai’an 223003, China
3Institute for Energy Studies, University of North Dakota, Grand Forks, ND 58202, USA
4Clean Republic LLC, Grand Forks, ND 58302, USA

Correspondence should be addressed to Yan Gao; nc.ude.tssu@nayoag

Received 10 May 2017; Revised 13 December 2017; Accepted 31 December 2017; Published 29 January 2018

Academic Editor: Bogdan Dumitrescu

Copyright © 2018 Hongbo Zhu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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