Showing 51 - 60 of 10,136
Photovoltaic systems generate electricity around noon, when many homes are empty. Conversely, residential electricity demand peaks in the evening, when production from solar sources is impossible. Based on a randomized control trial, we assess the effectiveness of alternative demand response...
Persistent link: https://www.econbiz.de/10011514861
Market power is a dominant feature of many modern electricity markets with an oligopolistic structure, resulting in increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power. Within DR, our analysis particularly focusses on the...
Persistent link: https://www.econbiz.de/10012098215
Energy efficiency and short-term demand response are key issues in the decarbonization of power markets. However, their interaction and combined impact on market prices as well as on the supply side, is yet to be understood. We develop a framework to implement investments in energy efficiency...
Persistent link: https://www.econbiz.de/10011962845
Industrial demand response can play an important part in balancing the intermittent production from a growing share of renewable energies in electricity markets. This paper analyses the role of aggregators - intermediaries between participants and the electricity market - in facilitating...
Persistent link: https://www.econbiz.de/10012146865
It is expected that the renewable share of energy generation will rise considerably in the near future. The intermittent and uncertain nature of renewable energy (RE) calls for storage and grid management technologies that can allow for increased power system flexibility. To assist policy makers...
Persistent link: https://www.econbiz.de/10011659734
This study was part of a collaborative trial for an energy feedback intervention, providing detailed individual desk based energy feedback information to help individuals reduce energy in an office environment. Although the intervention was individually based, this paper explores the social...
Persistent link: https://www.econbiz.de/10010885312
Understanding how consumers respond to price increases is key when designing price-related policies. Using microdata on vehicle usage and paid fuel prices, I analyze consumers' response, focusing on three channels of mitigation: distance driven, fuel efficiency, and search. On average, consumers...
Persistent link: https://www.econbiz.de/10014504852
Demand response (DR) can be very useful for an industrial facility, since it allows noticeable reductions in the electricity bill due to the significant value of energy demand. Although most industrial processes have stringent constraints in terms of hourly active power, DR only becomes...
Persistent link: https://www.econbiz.de/10010729059
The power output capacity of a local electrical utility is dictated by its customers’ cumulative peak-demand electrical consumption. Most electrical utilities in the United States maintain peak-power generation capacity by charging for end-use peak electrical demand; thirty to seventy percent...
Persistent link: https://www.econbiz.de/10010754541
Solar and wind power are now cheaper than fossil fuels but are intermittent. The extra supply-side variability implies growing benefits of using real-time retail pricing (RTP). We evaluate the potential gains of RTP using a model that jointly solves investment, supply, storage, and demand to...
Persistent link: https://www.econbiz.de/10013332303