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We document substantial rigidity in household electricity demand in response to large price shocks. We partnered with … an electricity retailer to run a field experiment in which randomly-selected households received discounts of up to 50 …% on their total electricity bill or up to 95% off their per unit cost of electricity for a full month. We show that the …
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electricity market considering thermal generation costs, wholesale electricity prices and wind generation subsidies. A Monte Carlo …. Our results indicate that NAO phases can affect thermal generation costs by up to 8%, wholesale electricity prices by as …-western Europe. As the deployment of wind-powered generation expands on electricity networks across Europe the impacts of the NAO on …
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