accountfor behavior and prices; compiled participation rates and elasticityvalues from six DR options offered to large customers …

readily available data. We developsimple econometric models of wholesale power prices in the West thatmight be used for market … in the West and might be used to identify potentially anomalousprices. In contrast, we find that the simulated prices … prices that we question theirusefulness for explaining price formation in the West and hence theirusefulness as a market …

customers response to short-term fluctuations in electricity prices are based on theories of rational firm behavior, where … prices since 1998. We look at stories interviewees told about why and how they respond to RTP, why some customers report that … when prices are high ($0.50/kWh). Reasons customers gave for why they weren't price-responsive include implicit value …

elasticities to account for behavior and prices; compiled participation rates and elasticity values from six DR options offered to … elasticity approach for large-customer DR options that rely on customer-initiated response to prices, rather than the engineering …-residential customers results in 1-3% reductions in their class peak demand in response to prices or incentive payments of $500/MWh …

prices indexed to the real-time spot market, and thus have no advance knowledge of prices. Because the price responsiveness …

concerns, rising electricity and natural gas prices, and lean economic times that motivate states to look more aggressively for …