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The operational strategy of a residential energy storage system in a dynamic electricity tariff critically depends on the availability of information on future prices. If the storage charges electricity in times of low prices and discharges in times of high prices, households can reduce their...
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Subsidizing technology fosters product innovation that might lead to a quicker technology adoption. This innovation effect could justify subsidy expenses beyond the directly related social value of the subsidized good during its lifetime. This paper proposes a method to calculate the underlying...
Persistent link: https://www.econbiz.de/10014082372
Fluctuations in retail energy prices may incentivize domestic households to adapt their load pattern in order to minimize the cost of electricity. This paper determines the price volatility necessary for automatic load shifting to cover the cost of the associated smart metering within a...
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