Skip to main content

A Review of Customer Management Tools: The Energy Industry

  • Conference paper
Energy-Efficient Computing and Networking (E-Energy 2010)

Abstract

In a deregulated electricity market, as the one formed by the current developments in the regulatory framework, where the electricity customers are able to choose their supplier freely, energy companies are expected to be more and more competitive, while changing the focal point of their activities from the traditional production-centered to a customer-centered. As part of this customer-centric evolution, energy companies are focusing their attention on software platforms that support closer customer relationships, enhance customer service, and reduce costs. Customer Relationship Management (CRM) constitutes a very attractive solution for addressing their customer management requirements. The present paper describes the tools incorporated in such a system and additional tools necessary for tackling future challenges.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Kirschen, D.S., Strbac, G.: Fundamentals of Power System Economics. John Wiley & Sons, Ltd, Chichester (2004) ISBN: 0-470-84572-4

    Book  Google Scholar 

  2. Hull, J.C.: Options, Futures and Other Derivatives, 6th edn. Prentice Hall, New Jersey (2006)

    MATH  Google Scholar 

  3. Flippen, E.L.: Counterpoint: Electric pricing and US energy policy. Utilities Policy 11, 241–244 (2003)

    Article  Google Scholar 

  4. Hirst, E., Kirby, B.: Retail-Load Participation in Competitive Wholesale Electricity Markets. Prepared for Edison Electric Institute and Project for Sustainable FERC Energy Policy (January 2001)

    Google Scholar 

  5. Braithwait, S.: Behavior modification. IEEE Power and Energy Magazine (May/June 2010)

    Google Scholar 

  6. Houthakker, H.S.: Electricity tariffs in theory and practice. The Economic Journal 61(241), 1–25 (1951)

    Article  Google Scholar 

  7. Gan, G., Ma, C., Wu, J.: Data Clustering: Theory, Algorithms and Applications. ASA-SIAM Series on Statistics and Applied Probability. SIAM, Philadelphia (2007)

    Book  MATH  Google Scholar 

  8. Jain, A.K., Murty, M.N., Flynn, P.J.: Data Clustering: A Review. ACM Computing Surveys 31(3) (September 1999)

    Google Scholar 

  9. Tsekouras, G.J., Hatziargyriou, N.D., Dialynas, E.N.: Two-stage pattern recognition of load curves for classification of electricity customers. IEEE Transactions on Power Systems 22(3), 1120–1128 (2007)

    Article  Google Scholar 

  10. Chicco, G., Ilie, I.-S.: Support vector clustering of electrical load pattern data. IEEE Transactions on Power Systems 24(3), 1619–1628 (2009)

    Article  Google Scholar 

  11. Ding, C., He, X.: K-means Clustering via Principal Component Analysis. In: Proceedings of the 21st International Conference on Machine Learning, Banff, Canada (2004)

    Google Scholar 

  12. Faruqui, A., Stephen, G.S.: The value of dynamic pricing in mass markets. The Electricity Journal 15(6), 45–55 (2002)

    Article  Google Scholar 

  13. Wikipedia, http://en.wikipedia.org/wiki/Electricity_market#Retail_electricity_market

  14. Itron White Paper: Meter Data Management: A Key to the Utility of the Future, Publication 100681WP-02 (December 2006)

    Google Scholar 

  15. Itron White Paper: Meter Data Management: Key Features of Meter Data Management Systems, Publication 100701WP-03 (06/2008)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2011 ICST Institute for Computer Science, Social Informatics and Telecommunications Engineering

About this paper

Cite this paper

Asimakopoulou, G.E., Papagrigorakis, Y., Dimeas, A.L., Aristidou, P., Hatziargyriou, N.D. (2011). A Review of Customer Management Tools: The Energy Industry. In: Hatziargyriou, N., Dimeas, A., Tomtsi, T., Weidlich, A. (eds) Energy-Efficient Computing and Networking. E-Energy 2010. Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering, vol 54. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-19322-4_8

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-19322-4_8

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-19321-7

  • Online ISBN: 978-3-642-19322-4

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics