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Prices to Devices: Price Responsive Devices and the Smart Grid

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Submitted By Bruce Bartell on 2011-01-06 6:02 pm UTC

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OASIS Energy Interoperation TC / Contributions

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Description

Price responsive devices require slightly different price signals than nominal price signals; they require relative price signals that use metrics such as high, medium, and low to convey the context of the nominal
price and drive action.