We estimate household electricity demand responses to hourly prices under real-time pricing using Finnish smart-meter data, contrasting results under the European energy crisis with those from previously relatively stable market conditions. Methodologically, we show that the standard wind-based...

With the expansion of renewable energy and evolving electricity consumption patterns, time-of-use (TOU) pricing has become a crucial mechanism for cost transmission and demand-side management. However, the effectiveness of TOU pricing in accurately reflecting system costs across different...

We estimate household electricity demand responses to hourly prices under real-time pricing using Finnish smart-meter data, contrasting results under the European en- ergy crisis with those from previously relatively stable market conditions. Method- ologically, we show that the standard...

Dynamic pricing strategy is a well-known method for utility pricing used in many parts of the world and is rapidly growing in trend due to its ability to adjust utility pricing to the utmost real-time calculations. One such method is what we call Time-of-Use (TOU), a strategy that adjusted...

In September 2021, the city of Bogota' introduced a major market-based reform to its odd-even driving restriction, known as Pico y Placa. Since then, drivers have had the option to pay a daily congestion fee to be exempt from the restriction. We find t hat while the reform increased traffic, it...