Residential End Use Electricity Demand and the Implications for Real Time Pricing in Sweden
نویسندگان
چکیده
منابع مشابه
Rethinking Real-Time Electricity Pricing
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. This paper evaluates the rst program to expose residential consumers to hourly real-time pricing (RTP). I nd that enrolled households are statistically signi cantly price elastic and that consumers responded by conserving energy during peak hours, but...
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The Effect of a Mandatory Time-of-Use Pricing Reform on Residential Electricity Use∗
Time-of-use (TOU) electricity pricing has attracted attention as a potential policy to reduce peak electricity demand and thus address the engineering and environmental challenges associated with electricity production. However, convincing evidence of its effectiveness is lacking in the literature. In this paper, we analyze short-run household responses to a large-scale field deployment of TOU ...
متن کاملReal Time Pricing and Electricity Markets
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. This paper evaluates a randomized experiment that exposed households to hourly real time pricing (RTP) and applies the demand estimates to counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The model...
متن کاملModelling weather effects for impact analysis of residential time-of-use electricity pricing
Analyzing the impact of pricing policies such as time-of-use (TOU) is challenging in the presence of confounding factors such as weather. Motivated by a lack of consensus and model selection details in prior work, we present a methodology for modelling the effect of weather on residential electricity demand. The best model is selected according to explanatory power, out-of-sample prediction acc...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2573666