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A large body of literature shows that the provision of social comparisons can cause households to reduce residential energy and water use. In this paper, we carry out a field experiment that contributes to this literature in two important ways. First, we study a social comparison treatment that...
Persistent link: https://www.econbiz.de/10012942969
With policies to promote power generation from renewable energy sources (RES) becoming important part of climate and energy policy worldwide, there is now considerable interest in understanding how these different market-based mechanisms affect power generating firms in practice. The existing...
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How can increasing intermittent power generation in the Swedish electricity system be managed in a more market-oriented and cost-efficient way? We argue that market mechanisms are the most natural means for obtaining the needed flexibility in electricity systems. We believe that a complete ex...
Persistent link: https://www.econbiz.de/10012289068
We investigate the process of electricity price formation in the Swedish intraday market, given a large share of wind power in the Swedish electricity system. According to Karanfil and Li’s (2017) approach, if the intraday market is efficient and liquid, with large shares of intermittent...
Persistent link: https://www.econbiz.de/10012289372
Households typically receive utility bills where all electricity use during a fixed period of time is lumped together. The lack of direct feedback in the form of marginal costs of using specific electric appliances reduces the attention people give to their energy consumption and potentially...
Persistent link: https://www.econbiz.de/10012997313
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The European Union's Emissions Trading System (EU ETS) and the Swedish-Norwegian Tradable Green Certificate System (Swedish-Norwegian TGC system) are two market-based instruments that have the overlapping goal to mitigate greenhouse gas (GHG) emissions by shifting economies to cleaner energy...
Persistent link: https://www.econbiz.de/10012968958
Numerous field experiments have proven that various monetary and informational incentives encourage demand response by increasing awareness about peak electricity prices and potentially inefficient energy use. However, very little is known about the effects of such interventions on overall...
Persistent link: https://www.econbiz.de/10014256390