Demand response to time-varying pricing of electricity is critical to a smart grid's efficient management of electrical resources. This paper presents a new approach to quantify residential demand responsiveness to (time-of-use) TOU rates, which does not entail an econometric estimation of TOU...

In China, the energy pricing mechanism has an insufficient linkage with other energy prices. As a result of the unreasonable price level, it is impossible to exploit fully the substitution elasticity among energy resources and there is a negative impact on achieving energy conservation and...

To establish a reasonable system and mechanism for Chinese energy prices, we use the Granger causality test, Hodrick–Prescott (HP) filter and time difference analysis to research the pricing relationship between Chinese and international energy prices. We find that Chinese and international...