The real-time price elasticity of electricity

By Mark G. Lijesen. 2007

470 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/06e56c78ae6e230425ebead3d1d0d3a74f36dcb9

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In Electrical and Electronic Engineering

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

Energy security and renewable electricity trade—Will Desertec make Europe vulnerable to the “energy weapon”? (2011, background): “Considering this combined with the weak price-responsiveness of the customers (Lijesen, 2007), it becomes clear that an electricity import disruption can, if the disruption is sudden and large enough, cause immediate blackouts and economic damages in the importing country.”
Neighbors, Knowledge, and Nuggets: Two Natural Field Experiments on the Role of Incentives on Energy Conservation (2013, unknown): “Many of the studies examining the price elasticity of energy demand for households around the world provide an estimate of around -0.1 to -0.3 (Lijesen, 2007).”
Information Strategies and Energy Conservation Behavior: A Meta-analysis of Experimental Studies from 1975-2012 - eScholarship (2013, unknown): “…people might simply ignore the potential savings, or that the actual savings might be too small to be meaningful especially given the low price elasticity of electricity use in the short term (Lijesen, 2007, Reiss and White 2008) and the small contribution of electricity cost to household expenses.”
Bi-Level Approach to Distribution Network and Renewable Energy Expansion Planning Considering Demand Response (2017, background): “An extensive study about elasticities is performed in [15].”
Determinants of residential electricity consumption: Using smart meter data to examine the effect of climate, building characteristics, appliance stock, and occupants' behavior (2013, result): “This also makes the results of our analysis comparablewith those of previous studies on smart meter data and electricity market analysis [38].”
Optimal Generation Mix With Short-Term Demand Response and Wind Penetration (2012, result): “These numbers are comparable to data in [30] and [31], after rescaling for transmission, distribution, and customer account charges.”
Information Strategies and Energy Conservation Behavior: A Meta-Analysis of Experimental Studies from 1975 to 2012 (2013, unknown): “…might simply ignore the potential savings, or that the actual savings might be too small to be meaningful especially given the low price elasticity of electricity use in the short term (Lijesen, 2007; Reiss and White, 2008) and the small contribution of electricity cost to household expenses.”
On the Impact of CO2 Emission-Trading on Power Generation Emissions (2009, background): “• The demand for electricity is relatively inelastic to changes in the price [13].”
Demand response experience in Europe: Policies, programmes and implementation (2010, background): “Price-led programmes have been in place for some time, with time-of-use tariffs providing economic signals for demand response [40].”
The complexity and challenges of determining GHG (greenhouse gas) emissions from grid electricity consumption and conservation in LCA (life cycle assessment) – A methodological review (2011, background): “On the other hand, Lijesen [55] found a low value for the real-time price elasticity between total peak demand and spot market prices, which may partly be explained by the fact that not all electricity consumers observe the spot market price.”
Do homes that are more energy efficient consume less energy?: A structural equation model for England's residential sector (2011, result): “Similar results were found by others (Hunt et al. 2003; Micklewright 1989) with most studies finding elasticities in the range - 0.05 to -0.50 (Fouquet 1995; Boonekamp 2007; Lijesen 2007).”
Smart Meter Devices and The Effect of Feedback on Residential Electricity Consumption: Evidence from a Natural Experiment in Northern Ireland (2013, unknown): “Lijesen (2007) summarizes evidence about real-time pricing (a type of dynamic AC C EP TE D M AN U SC R IP T ACCEPTED MANUSCRIPT 8 Advanced meters (usually referred to as Automated Meter Readers, or AMRs) are simpler, oneway communication devices that perform only function i).”
How to engage consumers in demand response: A contract perspective (2013, background): “Recent research on consumer price elasticity shows that the demand side, especially the residential and small and medium-sized enterprise (SME) consumers, is not very active nowadays, even when retail price variation through time of use tariffs is present (e.g. Allcott, 2011; Lijesen, 2007; Torriti,”
Short- and long-run time-of-use price elasticities in Swiss residential electricity demand (2011, background): “4 For a overview of these studies see Hawdon (1992) and, more recently, Lijesen (2007).”