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of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean … contribution of each appliance to the distribution of household electricity consumption. While reflecting correlations, rather than … the opposite tails of the electricity consumption distribution, highlighting the added value of applying quantile …
Persistent link: https://www.econbiz.de/10011764517
Empirical evidence on the response of German households to electricity price changes is sparse. Using panel data … changes, whereas the electricity demand of uninformed households is entirely price-inelastic …
Persistent link: https://www.econbiz.de/10012978685
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …
Persistent link: https://www.econbiz.de/10011897241
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …
Persistent link: https://www.econbiz.de/10012916541
The flexibilization of electricity demand and production becomes increasingly important in energy systems with rising … shares of fluctuating renewable electricity production. Power-to-heat and cogeneration units, combined with thermal storages … loads, electricity consumption and production. Based on a real-world case study, this paper explores the economic potentials …
Persistent link: https://www.econbiz.de/10014303823
This paper focuses on decentralized energy in Germany and how households' environmental behavior in terms of energy consumption is shaped in these contexts. It sets out to gain a more precise understanding of whether decentralized energy initiatives are a good tool to promote the adoption of...
Persistent link: https://www.econbiz.de/10014391464
Persistent link: https://www.econbiz.de/10003957748
System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …
Persistent link: https://www.econbiz.de/10011517142
Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation … linear and log-log. Using a two-stage least squares approach, the short-term own-price elasticity of electricity demand in …
Persistent link: https://www.econbiz.de/10014327648
market into multiple bidding zones with deviating electricity prices. Expectations for such a design include incentives for …Requirements for the electricity network in Germany increased in recent years due to the energy transition. The … help to set the right incentives for generation companies. One option for regional price differentiation is splitting the …
Persistent link: https://www.econbiz.de/10010484691