NewEnergyNews: ORIGINAL REPORTING: Are Electricity Customers Ready For Dynamic Pricing?

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • ORIGINAL REPORTING: La-La Land Plans For 100% New Energy
  • ORIGINAL REPORTING: All About South Carolina’s Nuclear Woes
  • THE DAY BEFORE

  • TODAY’S STUDY: Connecting Big Business With New Energy
  • QUICK NEWS, October 16: Making Climate Change A Political Issue; Wires Needed For New Energy
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: Rooftop Solar Right Now
  • QUICK NEWS, October 15: Trump Accuses Climate Scientists Of ‘Political Agenda’; Gen-Xers, Millennials Like Solar And Savings In Green
  • THE DAY BEFORE THAT

  • Weekend Video: Bill Maher Talks Hurricanes And Climate Change
  • Weekend Video: Al Gore’s Pick For Congress
  • Weekend Video: What’s The Number?
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-The Global Economy, Climate, And The Next Crisis
  • FRIDAY WORLD HEADLINE-A Huge New Energy Boom Is At Hand
  • FRIDAY WORLD HEADLINE-The Global New Energy Transition Is Next
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • THINGS-TO-THINK-ABOUT THURSDAY, October 18:

  • A Diet For The Planet
  • 100% New Energy Is The Only Option Left
  • Beach Home Real Estate In A Time Of Climate Change

    Wednesday, February 21, 2018

    ORIGINAL REPORTING: Are Electricity Customers Ready For Dynamic Pricing?

    Beyond TOU: Is more dynamic pricing the future of rate design? Analysts say sending stronger price signals to residential ratepayers could help reduce peak demand, but consumer advocates are leery

    Herman K. Trabish, July 17, 2017 (Utility Dive)

    Editor’s note: Surprisingly, the wonky topic of utility rate design is becoming cool as more people realize it could be the key to bringing New Energy into the power system.

    Innovative ratemaking is the talk of the town. Trials of time-of-use rates, demand charges and time varying pricing are playing a growing role in the transformation of the electric power sector. California will deploy default time-of-use (TOU) rates in 2019 at an unprecedented scale. Landmark regulatory debates across the country have been resolved in recent months by stakeholder agreements to explore new ways to use rates to control spiking peaks. And research is beginning to point toward what works and what doesn’t. The magnitude of a TOU rate’s impact on peak demand depends on the off-peak to on-peak price ratio, Brattle Group Principal Ahmad Faruqui told Utility Dive. He also concluded that TOU rates are just a hint of how rate design can be used to lower electricity customer costs and integrate more clean energy. The better solution is dynamic pricing, he said.

    Faruqui’s conclusions are based on a Brattle study of 300 TOU pilots and trials. Unlike TOU rates, which include a modest price differential on each day, dynamic pricing involves alerting customers to steeper increases in per-kWh rates in advance of specific peak demand events. Instead of a small differential every day, the larger gap between peak and off-peak pricing is meant to drive more significant reductions during the highest demand days. Jayant Kairam, Environmental Defense Fund (EDF) California Clean Energy Director, sees TOU rates as a way the state can reliably and cost-effectively deploy DER. Research done for state regulators showed TOU rates could help save up to $700 billion annually by 2025. But Faruqui argues that advanced metering infrastructure (AMI) and dynamic pricing has the potential to better align pricing and costs with price signals that guide customer usage… click here for more

    IFTTT Recipe: Share new blog posts to Facebook connects blogger to facebook

    NO QUICK NEWS

    0 Comments:

    Post a Comment

    << Home