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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/10004980623
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/10004980895
Advances in IT, control and forecasting capabilities have made demand response a viable, and potentially attractive, option to increase power system flexibility. This paper presents a critical review of the literature in the field of demand response, providing an overview of the benefits and...
Persistent link: https://www.econbiz.de/10011049391
A doubly censored Tobit model is used to forecast hourly air-conditioner usage for individual households. The model worked well over a wide range of temperatures, 9–38°C, making it possible to accurately forecast the electricity load for a variety of demand response applications including...
Persistent link: https://www.econbiz.de/10011041384
This paper explores demand side management (DSM) strategies, including both demand response and energy efficiency policies. The aim is to uncover what features might strengthen DSM effectiveness. We first look at key features of residential energy demand and the limits to energy indicators. We...
Persistent link: https://www.econbiz.de/10008727345
About 23% of energy derived from woody sources in the U.S. was consumed by households, of which 70% was used by households in rural areas in 2005. We investigated factors affecting household-level wood energy consumption in the four continental U.S. regions using data from the U.S. Residential...
Persistent link: https://www.econbiz.de/10010868741
The international roll out of residential smart meters has increased considerably in recent years. The improved consumption feedback provided, and in particular, the installation of in-house displays, has been shown to significantly reduce residential electricity demand in some international...
Persistent link: https://www.econbiz.de/10011039555
Within the field of Distributed Generation (DG), stand-alone Hybrid Power Systems (HPS) are a suitable solution to provide energy to isolated facilities where the connection to a centralized grid is not affordable. The logical evolution of such systems involves the optimization of power...
Persistent link: https://www.econbiz.de/10010676018
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/10004980590
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/10010764617