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used to judge how effectively RTP actually induces DR, particularly in the context of restructured electricity markets …)'s SC-3A rate class. The SC-3A tariff is a type of RTP that provides firm, day-ahead notice of hourly varying prices indexed … to New York Independent System Operator (NYISO) day-ahead market prices. The study was funded by the California Energy …
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 …Regardless of the form of restructuring, deregulated electricity industries share one common feature: the absence of … any significant, rapid demand-side response to the wholesale (or, spotmarket) price. For a variety of reasons, electricity …
Persistent link: https://www.econbiz.de/10009436432
ABSTRACT=Demand response (DR) is increasingly recognized asan essential ingredient to well-functioning electricity … accountfor behavior and prices; compiled participation rates and elasticityvalues from six DR options offered to large customers … illustrative Northeastern utility. We recommendan elasticity approach for large-customer DR options that rely oncusto! …
Persistent link: https://www.econbiz.de/10009435641
respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by …. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early …-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market …
Persistent link: https://www.econbiz.de/10009436794
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 …Demand response (DR) is increasingly recognized as an essential ingredient to well-functioning electricity markets. DR …
Persistent link: https://www.econbiz.de/10009437116
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 … increase in demand elasticity could dramatically reduce these extremes in price volatility. There is a strong need for …
Persistent link: https://www.econbiz.de/10009437363
they can be made more effective in controlling summer peaks and attendant high prices of electricity. Particular attention …-long trend of declining reserve margins. Competition among generators is typically robust, holding down wholesale energy prices … responsive only on the supply side is only half a market. Demand response (elasticity) is necessary to gain the full economic …
Persistent link: https://www.econbiz.de/10009437367
on the effects of the rapidly rising electricity tariffs. The issue of tariff increases has now become even more critical …-based electricity. There have been some South African studies that have attempted to estimate the price elasticity of electricity demand … individual firms and their decisions to invest in their own generation, and the longer-run impacts on electricity demand. This …
Persistent link: https://www.econbiz.de/10011806764
This paper presents the results of a survey and analysis ofelectricity tariffs and marginal electricity prices for … electricity prices commercialcustomers actually see, and insight into the factors that are mostimportant in determining prices … commercialbuildings. The tariff data come from a survey of 90 utilities and 250tariffs for non-residential customers collected in 2004 as …
Persistent link: https://www.econbiz.de/10009435538
Demand response (DR) has been broadly recognized to be an integral component of well-functioning electricity markets … utility commissions (PUC) and utilities have considered implementing dynamic pricing tariffs, such as real-time pricing (RTP …), and other retail pricing mechanisms that communicate an incentive for electricity consumers to reduce their usage during …
Persistent link: https://www.econbiz.de/10009435658