Real-time pricing reduces summer peak demand by approximately 8% for 110 Duke Energy industrial customers. With up to six summers on the rate, the aggregate customer response increases with experience. Examining individual customers, only a subset respond significantly, primarily those who can...

"Energy Economics outlines the fundamental issues and possible solutions to the challenges of energy production and use, presenting a framework for decisions based upon sound economic analysis. This approach considers market forces and policy goals, including economic prosperity, environmental...