The voluntary price for the small consumer: Real-time pricing in Spain

Juan Manuel Roldán Fernández, Manuel Burgos Payán, Jesús Manuel Riquelme Santos and Ángel Luis Trigo García

Energy Policy, 2017, vol. 102, issue C, 41-51

Abstract: In 2013, a period of reform was initiated of the regulatory framework of the Spanish electricity sector. A year later, the methodology for the calculation of the Voluntary Price for the Small Consumer (VPSC) was approved: a real-time price tariff for small domestic consumers. Under this price-setting system, VPSC consumers are billed according to their hourly consumption and hourly prices along the day. Directive 27/2014/EU, on energy saving, was also transposed to Spanish regulation in 2014.

Keywords: Wholesale electricity market; Voluntary price for the small consumer; Real-time pricing; Demand response; Energy saving; Load-shifting (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:102:y:2017:i:c:p:41-51

DOI: 10.1016/j.enpol.2016.11.040

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