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Demand response (DR) has been broadly recognized to be an integral component of well-functioning electricity markets, although currently underdeveloped in most regions. Among the various initiatives undertaken to remedy this deficiency, public utility commissions (PUC) and utilities have...
Persistent link: https://www.econbiz.de/10009435658
While more than 70 utilities in the U.S. have offered voluntary RTP tariffs on either a pilot or permanent basis, most have operated in relative obscurity. To bring this broad base of experience to bear on policymakers current efforts to stimulate price responsive demand, we conducted a survey...
Persistent link: https://www.econbiz.de/10009435945
Economists have advocated for real-time pricing (RTP) of electricity on the basis of the gains in economic efficiency that would result from charging customers the contemporaneous marginal cost of supplying electricity instead of the average cost. In recent years, RTP has also become the subject...
Persistent link: https://www.econbiz.de/10009437147
As a market segment for solar photovoltaic (PV) adoption, new homes have a number of attractive attributes. Homebuyers can easily roll the cost of the PV system into their tax-deductible home mortgage and, with rebates and other financial incentives, potentially achieve an immediate net-positive...
Persistent link: https://www.econbiz.de/10009436828
The California Climate Action Registry (''Registry'') was initially established in 2000 under Senate Bill 1771, and clarifying legislation (Senate Bill 527) was passed in September 2001. The Ernest Orlando Lawrence Berkeley National Laboratory (Berkeley Lab) has been asked to provide technical...
Persistent link: https://www.econbiz.de/10009436649
Dynamic retail electricity pricing, especially real-time pricing (RTP), has been widely heralded as a panacea for providing much-needed demand response in electricity markets. However, in designing default service for competitive retail markets, demand response often appears to be an...
Persistent link: https://www.econbiz.de/10009437145
In the aftermath of the consumer price shocks and short-term power shortages of the 2000-01 electricity crisis, policymakers and regulators in Western states are placing increased emphasis on integrated resource planning (IRP), resource adequacy and assessment and a diversified portfolio of...
Persistent link: https://www.econbiz.de/10009435659
The federal market has been a source of strong energy service company (ESCO) industry growth over the last decade as traditional MUSH markets municipal/state governments, universities, schools and hospitals have matured. Federal alternative financing programs Utility Energy Services Contracts...
Persistent link: https://www.econbiz.de/10009436323
Policymakers have increasingly recognized the structural impediments to effective competition in electricity markets, which has resulted in a renewed emphasis on the need for careful market design and market monitoring in wholesale and retail electricity markets. In this study, we review the...
Persistent link: https://www.econbiz.de/10009436743
Energy economists have long argued the benefits of real time pricing (RTP) of electricity. Their basis for modeling customers response to short-term fluctuations in electricity prices are based on theories of rational firm behavior, where management strives to minimize operating costs and...
Persistent link: https://www.econbiz.de/10009437089