The Chinese government began to implement an increasing block tariff (IBT) nationwide in the residential sector in July 2012. Although there have been a number of studies on the impacts of an IBT, knowledge about IBT design is still limited, particularly how to determine the electricity volume for the first block of an IBT scheme, which is intended to protect those households with low levels of...

Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. This paper evaluates a randomized experiment that exposed households to hourly real time pricing (RTP) and applies the demand estimates to counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The model...

We characterize the optimal regulatory policy to promote demand response in the electricity sector. Demand response arises when consumers reduce their purchases of electricity in times of peak demand, when the utility’s marginal cost of supplying electricity is relatively high. The optimal policy differs systematically from the policy in the U. S. Federal Energy Regulatory Commission’s (FERC’s)...

Forecasting electricity consumption is one of the most important operational issues in order to the use facility systems and power sources optimally. Electricity demand forecasting process will ultimately have an important role in the economic and security of the energy operating system. The objectives of this research are to forecast long-term electricity demand for 2011-2022 and to provide ma...

Smart meters have become a matter of concern for many populations, although the technology is as always politically neutral. The focus on electricity rather than all metered services, water, gas and electricity is one aspect of this public concern. The heavy emphasis on Smart Grids, overall energy supply stability [1] and the extension of control into the home by power generators, allied to poo...

this paper proposes a stochastic framework for demand response (dr) aggregator to procure dr from customers and sell it to purchasers in the wholesale electricity market. the aggregator assigns fixed dr contracts with customers based on three different load reduction strategies. in the presented problem the uncertainty of market price is considered and the risk of aggregator participation is ma...

In this paper, a performance study was conducted to investigate single and dual-axis PV systems to generate electricity in five different sites in Kuwait. Relevant data were obtained by using two sources for validation purposes. A commercial software, PVsyst, was used to analyse the data, such as metrological data and other input parameters, and compute the performance parameters such as capaci...