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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 … enabling technologies and response at high prices provide more accurate market potential estimates, particularly when arc …
Persistent link: https://www.econbiz.de/10009437116
to New York Independent System Operator (NYISO) day-ahead market prices. The study was funded by the California Energy … customers' satisfaction, hedging choices and price response through in-depth customer market research and a Constant Elasticity … used to judge how effectively RTP actually induces DR, particularly in the context of restructured electricity markets …
Persistent link: https://www.econbiz.de/10009435765
integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets … stability is threatened. This, then, facilitates many other problems associated with electricity markets, such as market power …Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of …
Persistent link: https://www.econbiz.de/10009436432
respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by …-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market …. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early …
Persistent link: https://www.econbiz.de/10009436794
market [1]. Yet, in today's markets for electricity, little or no such response is evident. The reason is simple: customers …Recent electricity price spikes are painful reminders of the value that meaningful demand-side responses could bring to … the restructuring US electricity system. Review of the aggregate offers made by suppliers confirms that even a modest …
Persistent link: https://www.econbiz.de/10009437363
responsive only on the supply side is only half a market. Demand response (elasticity) is necessary to gain the full economic … are not able to commit to specific responses months or years in advance. Electricity is a fluid market commodity with a … they can be made more effective in controlling summer peaks and attendant high prices of electricity. Particular attention …
Persistent link: https://www.econbiz.de/10009437367
electricity prices, in order to give an estimate of per-unit financial impacts. In addition, the overall impact of the program was …) Impacts on the current market from efficiency regulations. (3) National energy and financial impacts. The analysis relied on … evaluated by combining unit savings with market forecasts in order to yield national impacts. LBNL presented preliminary results …
Persistent link: https://www.econbiz.de/10009436633
Large-scale EE programs would modestly increase tariffs but reduce consumers' electricity bills significantly. However … electric water heaters with gas water heaters); (b) sell power conserved through the EE program to the market at a price higher … supply-side investments is a way of moving the electricity sector toward a model focused on providing energy services rather …
Persistent link: https://www.econbiz.de/10009436678
customers response to short-term fluctuations in electricity prices are based on theories of rational firm behavior, where … institutional customers in the Niagara Mohawk Power Corporation service territory that have faced day-ahead electricity market …Energy economists have long argued the benefits of real time pricing (RTP) of electricity. Their basis for modeling …
Persistent link: https://www.econbiz.de/10009437089
concerns, rising electricity and natural gas prices, and lean economic times that motivate states to look more aggressively for … and also help arrange project financing. Between 1990 and 2006, U.S. ESCOs reported market activity of {approx}$28 Billion … state government market is defined to include state offices, state universities, correctional facilities, and other state …
Persistent link: https://www.econbiz.de/10009437156