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In this paper, we explore subsistence levels and price elasticities for residential electricity demand in Sweden. Using … a Stone-Geary functional form and unique Swedish data on residential electricity usage, we estimate demand Equations for … peak and off-peak demand. We find that the subsistence levels are larger during peak than off-peak, and that there is a …
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Despite the success of demand response programs in retail electricity markets in reducing average consumption, the … mechanisms and makes them weakly reliable. This paper aims at designing demand response contracts which allow to act on both the … as a Principal-Agent problem, thus accounting for the moral hazard underlying demand response contracts. The producer …
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