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In Norway there is a growing concern that electricity production and transmission may not meet the demand in peak-load situations. It is therefore important to evaluate the potential of different demand side measures that may contribute to reduce peak load. This paper analyses data from an...
Persistent link: https://www.econbiz.de/10011968249
Time-of-use and real-time spot pricing tariffs in conjunction with direct load control of water heaters was offered to residential electricity consumers in a large-scale demand response experiment. Hourly data from the experiment on consumption, temperature, wind, and hours of daylight comprise...
Persistent link: https://www.econbiz.de/10011968231
Offering electricity consumers time-differentiated tariffs may increase demand responsiveness, thereby reducing peak consumption. However, one concern is that time-differentiated tariffs may also attract consumers who benefit because of their consumption pattern, even without a corresponding...
Persistent link: https://www.econbiz.de/10011968216
To overcome the inherent clash between the ever-increasing push for electrification in the transportation and heating sectors, and the intermittent nature of renewable energy sources, demand response solutions such as direct load control (DLC) tariffs are receiving growing attention from...
Persistent link: https://www.econbiz.de/10014476351
The prevalence of energy poverty as a major challenge in numerous countries, the escalating energy crisis that generates supply fears and increased prices, and the need to build just supporting mechanisms within the net zero energy transition add impetus to improving our ability to accurately...
Persistent link: https://www.econbiz.de/10014540343
We analyze the gross welfare gains from real-time retail pricing in electricity markets where carbon taxation induces investment in variable renewable technologies. Applying a stylized numerical electricity market model, we find a U-shaped association between carbon taxation and gross welfare...
Persistent link: https://www.econbiz.de/10012249275
This paper analyses the demand response from residential electricity consumers to a demand charge grid tariff. The tariff charges the maximum hourly peak consumption in each of the winter months January, February and December, thus giving incentives to reduce peak consumption. We use hourly...
Persistent link: https://www.econbiz.de/10011968344
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...
Persistent link: https://www.econbiz.de/10010284018
Demand-side load management is considered a cost-efficient solution for ac-commodating growing shares of intermittent renewable electricity production. Here, we use double-bounded dichotomous choice (DBDC) contingent valua-tion (CV) to estimate the effectiveness of a subsidy for companies to...
Persistent link: https://www.econbiz.de/10011927040
It is expected that the renewable share of energy generation will rise considerably in the near future. The intermittent and uncertain nature of renewable energy (RE) calls for storage and grid management technologies that can allow for increased power system flexibility. To assist policy makers...
Persistent link: https://www.econbiz.de/10011662434