Flexible electricity tariffs: Power and energy price signals designed for a smarter grid
Michael Schreiber,
Martin E. Wainstein,
Patrick Hochloff and
Roger Dargaville
Energy, 2015, vol. 93, issue P2, 2568-2581
Abstract:
Renewable energy is increasingly replacing carbon-based technologies worldwide in electricity networks. This increases the challenge of balancing intermittent generation with demand fluctuation. DR (Demand response) is recognized as a way to address this by adapting consumption to supply patterns. By using DR technology, grid withdrawal of DSM (demand side management) devices such as heat pumps, electric vehicles or stationary batteries can be temporally shifted. Yet, the development of an accurate control and market design is still one of the greatest remaining DR challenges.
Keywords: Electricity tariff; Flexible power pricing; Demand response; Residential storage; Residential energy management (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (27)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:93:y:2015:i:p2:p:2568-2581
DOI: 10.1016/j.energy.2015.10.067
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