Customer Response to RTP in Competitive Markets: A Study of Niagara Mohawk’s Standard Offer Tariff

Customer Response to RTP in Competitive Markets: A Study of Niagara Mohawk’s Standard Offer Tariff
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竞争市场中客户对 RTP 的反应:Niagara Mohawk 标准报价费率研究

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发表时间:
2006
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影响因子:
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通讯作者:
Nicole Hopper
Nicole Hopper
中科院分区:
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作者:
R. Boisvert;Peter A. Cappers;C. Goldman;B. Neenan;Nicole Hopper

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利用负荷,价格和调查数据的119个大客户,支付竞争力确定的每小时电价宣布的前一天在2000年和2004年之间,这项研究提供了深入了解的因素,确定价格反应的强度。高峰和非高峰电力可以是:完美的补充,替代品,或替代品,其中高峰价格导致暂时从电网断开,如一些公司与现场发电。平均替代弹性为0.11。30%的客户按固定比例使用高峰和非高峰电力。弹性大于0.10的18%提供了总价格反应的75%。与工业客户相比,商业/零售和政府/教育客户在炎热的日子和高峰与非高峰价格比率较高时对价格的反应更敏感。当客户接近高峰使用时,价格响应性不会大幅降低。客户情况和价格反应的多样性表明,动态定价适用于某些客户,但不是所有客户。
Utilizing load, price, and survey data for 119 large customers that paid competitively determined hourly electricity prices announced the previous day between 2000 and 2004, this study provides insight into the factors that determine the intensity of price response. Peak and off-peak electricity can be: perfect complements, substitutes, or substitutes where high peak prices cause temporary disconnection from the grid, as for some firms with on-site generation. The average elasticity of substitution is 0.11. Thirty percent of the customers use peak and off-peak electricity in fixed proportions. The 18% with elasticities greater than 0.10 provide 75% of the aggregate price response. In contrast to Industrial customers, Commercial/Retail and Government/Education customers are more price responsive on hot days and when the ratio of peak to off-peak prices is high. Price responsiveness is not substantially reduced when customers operate near peak usage. Diversity of customer circumstances and price response suggest dynamic pricing is suited for some, but not all customers.