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Power systems based on renewable energy sources (RES) are characterised by increasingly distributed, volatile and uncertain supply leading to growing requirements for flexibility. In this paper, we explore the role of demand response (DR) as a source of flexibility that is considered to become...
Persistent link: https://www.econbiz.de/10011985178
Demand Response (DR) is capable of reducing the need for generation capacity investments in order to ensure system security. We utilise this fact to devise a novel methodology for estimating a load-shifting DR resource's capacity contribution and therefore determining DR's potential for...
Persistent link: https://www.econbiz.de/10011985196
Denmark introduced a new tax on saturated fat in food products with effect from October 2011. The objective of this paper is to make an effect assessment of this tax for some of the product categories most significantly affected by the new tax, namely fats such as butter, butter-blends,...
Persistent link: https://www.econbiz.de/10012100992
Demand-side load management is considered a cost-efficient solution for ac-commodating growing shares of intermittent renewable electricity production. Here, we use double-bounded dichotomous choice (DBDC) contingent valua-tion (CV) to estimate the effectiveness of a subsidy for companies to...
Persistent link: https://www.econbiz.de/10011927040
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/10011956687
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/10011957723
Offering electricity consumers time-differentiated tariffs may increase demand responsiveness, thereby reducing peak consumption. However, one concern is that time-differentiated tariffs may also attract consumers who benefit because of their consumption pattern, even without a corresponding...
Persistent link: https://www.econbiz.de/10011968216
In Norway there is a growing concern that electricity production and transmission may not meet the demand in peak-load situations. It is therefore important to evaluate the potential of different demand side measures that may contribute to reduce peak load. This paper analyses data from an...
Persistent link: https://www.econbiz.de/10011968249
This paper analyses the demand response from residential electricity consumers to a demand charge grid tariff. The tariff charges the maximum hourly peak consumption in each of the winter months January, February and December, thus giving incentives to reduce peak consumption. We use hourly...
Persistent link: https://www.econbiz.de/10011968344
The experience of liberalized electricity markets' ability to allocate scarce energy resources has been mixed. In this paper, we analyze how liberalized markets allocate power in the short and long run through the interaction between the spot and end-user markets. We show that totally inelastic...
Persistent link: https://www.econbiz.de/10011968382