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The Power to choose : demand response in liberalised electricity markets

Author: International Energy Agency.; Organisation for Economic Co-operation and Development.
Publisher: Paris, France : OECD/IEA, ©2003.
Series: Energy market reform.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers' inability to control demand, means that consumer behaviour is not reflected in the cost of energy. This study analyses the impact of price-responsive demand and shows how pricing, policy and technology  Read more...
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Additional Physical Format: Print version:
Power to choose.
Paris, France : OECD/IEA, ©2003
(DLC) 2004392452
(OCoLC)54022251
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Energy Agency.; Organisation for Economic Co-operation and Development.
ISBN: 9264105042 9789264105041
OCLC Number: 609085901
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (151 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Contents: Preliminaries; FOREWORD; TABLE OF CONTENTS; EXECUTIVE SUMMARY; INTRODUCTION; DEMAND RESPONSE MARKETS AND ECONOMICS; TODAY'S LOAD RESPONSE MARKET; THE ROLE OF TECHNOLOGY; REGULATION AND POLICY MEASURES; SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS.
Series Title: Energy market reform.
Responsibility: International Energy Agency.

Abstract:

Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers' inability to control demand, means that consumer behaviour is not reflected in the cost of energy. This study analyses the impact of price-responsive demand and shows how pricing, policy and technology can be used to inform consumer behaviour and choice.

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