Energy Demand

Christoph Weber (), Dominik Möst () and Wolf Fichtner ()
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Christoph Weber: University of Duisburg-Essen
Dominik Möst: TU Dresden
Wolf Fichtner: Karlsruhe Institute of Technology (KIT)

Chapter Chapter 3 in Economics of Power Systems, 2022, pp 43-58 from Springer

Abstract: Abstract Satisfying the demand for energy services is the driving force of the whole energy sector, and therefore, the demand for electricity and heat is investigated in detail in this chapter. Electricity and heat demand by sector and for various applications are discussed but also load profiles and the related concept of load duration curves. The price elasticity of demand is reviewed along with the possible role of demand-side management for providing flexibility, e.g. through load shifting. Also, the relevance of demand projections at different time horizons is highlighted along with the accompanying challenges. Furthermore, attention is devoted to the pricing structures viewed by customers, i.e. the electricity tariffs, introducing among others time-of-use and real-time pricing tariffs.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-97770-2_3

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DOI: 10.1007/978-3-030-97770-2_3

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