Sunday, December 9, 2012

More on Dynamic Pricing

A short article in the December 7, 2012 Nikkei reports that IBM Japan, Fuji Electric and Yaskawa Electric are teaming up to develop and implement a system for true dynamic pricing at the retail/residential level in Japan, in anticipation of deregulation by 2015.

The system would permit "real time" notification of demand/supply based price shifts, so that users can modify usage in response and promote conservation.

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