Price-responsive retail demand: Key to competitive electricity markets

被引:0
|
作者
Hirst, E.
机构
来源
IEEE Engineering Management Review | 2001年 / 29卷 / 02期
关键词
Competition - Cost accounting - Customer satisfaction - Electric power transmission - Marketing;
D O I
暂无
中图分类号
学科分类号
摘要
Price-resposive retail demand, which holds the key to competitive electricity markets is discussed. Electricity price consists of two components namely electricity commodity and insurance premium which protects customers from price variations. Price-responsive retail helps the customers in lowering their electricity bills by self-insuring and by shifting electricity use away from high to low-price periods.
引用
收藏
页码:31 / 35
相关论文
共 50 条
  • [31] How price responsive is commercial electricity demand in the US?
    Li R.
    Woo C.-K.
    Electricity Journal, 2022, 35 (01):
  • [32] Dynamic tariffs, demand response, and regulation in retail electricity markets
    Guo, Bowei
    Weeks, Melvyn
    ENERGY ECONOMICS, 2022, 106
  • [33] Analysis of Nash Equilibria in Energy Markets with Large Populations of Price-Responsive Flexible Appliances
    De Paola, Antonio
    Angeli, David
    Strbac, Goran
    2015 54TH IEEE CONFERENCE ON DECISION AND CONTROL (CDC), 2015, : 5587 - 5592
  • [34] Measuring the Benefits of Delayed Price-Responsive Demand in Reducing Wind-Uncertainty Costs
    Madaeni, Seyed Hossein
    Sioshansi, Ramteen
    IEEE TRANSACTIONS ON POWER SYSTEMS, 2013, 28 (04) : 4118 - 4126
  • [35] An optimal market-oriented demand response model for price-responsive residential consumers
    Reza Sharifi
    Amjad Anvari-Moghaddam
    S. Hamid Fathi
    Josep M. Guerrero
    Vahid Vahidinasab
    Energy Efficiency, 2019, 12 : 803 - 815
  • [36] Optimal reconfiguration and scheduling of a smart distribution network with uncertain renewables and price-responsive demand
    Ghasemi, Ahmad
    JOURNAL OF POWER TECHNOLOGIES, 2016, 96 (03): : 183 - 193
  • [37] An optimal market-oriented demand response model for price-responsive residential consumers
    Sharifi, Reza
    Anvari-Moghaddam, Amjad
    Fathi, S. Hamid
    Guerrero, Josep M.
    Vahidinasab, Vahid
    ENERGY EFFICIENCY, 2019, 12 (03) : 803 - 815
  • [38] Strategic price setting of incumbent utilities in competitive electricity markets
    Auer, H
    NEW EQUILIBRIA IN THE ENERGY MARKETS: THE ROLE OF NEW REGIONS AND AREAS - VOL 2, CONFERENCE PROCEEDINGS, 1999, : 265 - 274
  • [39] A price guideline for Generation Expansion Planning in competitive electricity markets
    Moghaddam, MP
    Sheikh-El-Eslami, MK
    Jadid, S
    2005 IEEE POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS, 1-3, 2005, : 197 - 201
  • [40] On the efficiency of competitive electricity markets with time-invariant retail prices
    Borenstein, S
    Holland, S
    RAND JOURNAL OF ECONOMICS, 2005, 36 (03): : 469 - 493