Leveraging the smart grid : the effect of real-time information on consumer decisions

Nicholas Rivers

This report reviews the literature on the impact of real-time information provision on consumer decision-making. In addition, it describes the results of a study in which about 7000 households in Ontario, Canada were provided with in-home displays linked to smart meters that provided real-time feedback on electricity consumption. The results show that electricity consumption declines by about 3% as a result of information feedback, that the reduction in demand is sustained for at least five months, and that it is highly correlated with outdoor temperature.

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Year of publication:	2018
Authors:	Rivers, Nicholas
Publisher:	Paris : OECD Publishing
Subject:	Elektrizität \| Electricity \| Energiekonsum \| Energy consumption \| Intelligentes Stromnetz \| Smart grid \| Energieeinsparung \| Energy conservation \| Informationsversorgung \| Information provision \| Lastmanagement \| Demand-side management \| OECD-Staaten \| OECD countries

Extent:	1 Online-Ressource (circa 42 Seiten) Illustrationen
Series:	OECD environment working paper. - Paris : OECD Publ., ISSN 1997-0900, ZDB-ID 2566995-3. - Vol. no. 127
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Zusammenfassung in französischer Sprache
Other identifiers:	10.1787/6ad4d5e3-en [DOI]
Classification:	L94 - Electric Utilities ; Q48 - Government Policy ; Q41 - Demand and Supply ; D12 - Consumer Economics: Empirical Analysis
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011822319