Real Time Pricing and Electricity Markets
By Hunt Allcott, Larry Katz. 2009
129 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/bd1b7523f597082d40ac9f6c29025557d24eb74b
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Citations in the corpus
- Optimal Residential Load Control With Price Prediction in Real-Time Electricity Pricing Environments (2010, background): “values were available via telephone and the Internet, only rarely did households actively check prices as it was difficult for the participants to constantly monitor the hourly prices to respond properly [1].”
- A Survey on Demand Response Programs in Smart Grids: Pricing Methods and Optimization Algorithms (2015, background): “However, in the residential domain, RTP schemes have small implementation success, since most consumers are risk-averse and see the necessity of taking systematic electricity decisions as an important drawback [123], [124].”
- Demand Response Management via Real-Time Electricity Price Control in Smart Grids (2013, background): “For the demand response management, researchers have introduced real-time pricing schemes that reduce the peak-to-average load ratio through encouraging users to shift their usage to off-peak hours [1]–[7].”
- Autonomous Demand-Side Management Based on Game-Theoretic Energy Consumption Scheduling for the Future Smart Grid (2010, background): “The prices are usually higher during the afternoon, on hot days in the summer, and on cold days in the winter [15].”
- A Survey on Demand Response in Smart Grids: Mathematical Models and Approaches (2015, background): “This tariff is also referred to as dynamic pricing, where the electricity price usually varies at different time intervals of a day (in each 15 min or each hours) [25].”
- Complementary Bidding Mechanisms and Startup Costs in Electricity Markets (2014, background): “Whereas previous literature had focused on identifying either marginal costs (Wolak, 2007) or financial contracts (Hortaçsu and Puller, 2008; Allcott, 2013), I develop a strategy that allows to estimate both of them jointly.”