Arbeitspapier

Time-differentiated pricing and direct load control of residential electricity consumption

Time-of-use and real-time spot pricing tariffs in conjunction with direct load control of water heaters was offered to residential electricity consumers in a large-scale demand response experiment. Hourly data from the experiment on consumption, temperature, wind, and hours of daylight comprise a large panel data set, which are analysed with a fixed effects regression model. Price responses are estimated for three customer groups, which differ with respect to their choices of tariffs and requests for direct load control. The results indicate differing responses between the groups depending on their tariff combination.

Language
Englisch

Bibliographic citation
Series: Discussion Papers ; No. 461

Classification
Wirtschaft
Household Behavior: General
Energy: Demand and Supply; Prices
Subject
Time-differentiated pricing
TOU
direct load control

Event
Geistige Schöpfung
(who)
Ericson, Torgeir
Event
Veröffentlichung
(who)
Statistics Norway, Research Department
(where)
Oslo
(when)
2006

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ericson, Torgeir
  • Statistics Norway, Research Department

Time of origin

  • 2006

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