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elasticities to account for behavior and prices; compiled participation rates and elasticity values from six DR options offered to … elasticity approach for large-customer DR options that rely on customer-initiated response to prices, rather than the engineering …-residential customers results in 1-3% reductions in their class peak demand in response to prices or incentive payments of $500/MWh …
Persistent link: https://www.econbiz.de/10009437116
In the United States, markets for renewable generation--especially wind power--have grown substantially in recent years. This growth is typically attributed to technology improvements and resulting cost reductions, the availability of federal tax incentives, and aggressive state policy efforts....
Persistent link: https://www.econbiz.de/10009437119
Power towers are capable of producing solar-generated electricity and hydrogen on a large scale. Heliostats are the most important cost element of a solar power tower plant. Since they constitute {approx} 50% of the capital cost of the plant it is important to reduce heliostat cost as much as...
Persistent link: https://www.econbiz.de/10009437129
Dynamic retail electricity pricing, especially real-time pricing (RTP), has been widely heralded as a panacea for providing much-needed demand response in electricity markets. However, in designing default service for competitive retail markets, demand response often appears to be an...
Persistent link: https://www.econbiz.de/10009437145
Economists have advocated for real-time pricing (RTP) of electricity on the basis of the gains in economic efficiency that would result from charging customers the contemporaneous marginal cost of supplying electricity instead of the average cost. In recent years, RTP has also become the subject...
Persistent link: https://www.econbiz.de/10009437147
concerns, rising electricity and natural gas prices, and lean economic times that motivate states to look more aggressively for …
Persistent link: https://www.econbiz.de/10009437156
choose to face real-time (spot) prices and will respond to the occasionally very high prices by reducing electricity use at … volatile energy prices; (2) lower electricity costs and prices; and (3) a generation mix with more baseload, and less peaking …, including fuel prices, initial mix of generation capacity, and customer response to electricity prices (load shapes and system …
Persistent link: https://www.econbiz.de/10009437173
price response.Peak and off-peak electricity can be: perfect complements, substitutes,or substitutes where high peak prices …/Retail andGovernment/Education customers are more price responsive on hot days andwhen the ratio of peak to off-peak prices is high. Price …
Persistent link: https://www.econbiz.de/10009437193
electricity market prices. …
Persistent link: https://www.econbiz.de/10009437218
Several bills were introduced in the past two Congresses to reduce emissions of sulfur dioxide and nitrogen oxides from electric power plants. The effects of these bills on electricity costs depend on features of the bills, on the mix of generating capacity owned by different electric utilities,...
Persistent link: https://www.econbiz.de/10009437291