Abstract
We use a long-term electricity market equilibrium model to assess the impact of variable price products for household electricity customers. The analysed product structures resemble a rebate provided to customers within a field experiment in Southern Denmark. The developed model provides a clearer picture of what to expect from household demand response under spot pricing schemes as compared and simplified product schemes; it also prepares for interpreting the field experiment results. Using preliminary assumptions we estimate both short-term and long-term welfare effects of a shift of customers to an ideal spot pricing scheme and to the simplified rebate product.
| Original language | English |
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| Title of host publication | Proceedings of the 10th Conference on Sustainable Development of Energy, Water and Environment Systems |
| Number of pages | 16 |
| Publication date | 2015 |
| Publication status | Published - 2015 |
| Event | 10th Conference on Sustainable Development of Energy, Water and Environment Systems - Dubrovnik, Croatia Duration: 27 Sept 2015 → 2 Oct 2015 Conference number: 10 http://www.dubrovnik2015.sdewes.org/index.php |
Conference
| Conference | 10th Conference on Sustainable Development of Energy, Water and Environment Systems |
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| Number | 10 |
| Country/Territory | Croatia |
| City | Dubrovnik |
| Period | 27/09/2015 → 02/10/2015 |
| Internet address |