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The voluntary price for the small consumer: Real-time pricing in Spain

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  • Roldán Fernández, Juan Manuel
  • Payán, Manuel Burgos
  • Santos, Jesús Manuel Riquelme
  • García, Ángel Luis Trigo

Abstract

In 2013, a period of reform was initiated of the regulatory framework of the Spanish electricity sector. A year later, the methodology for the calculation of the Voluntary Price for the Small Consumer (VPSC) was approved: a real-time price tariff for small domestic consumers. Under this price-setting system, VPSC consumers are billed according to their hourly consumption and hourly prices along the day. Directive 27/2014/EU, on energy saving, was also transposed to Spanish regulation in 2014.

Suggested Citation

  • Roldán Fernández, Juan Manuel & Payán, Manuel Burgos & Santos, Jesús Manuel Riquelme & García, Ángel Luis Trigo, 2017. "The voluntary price for the small consumer: Real-time pricing in Spain," Energy Policy, Elsevier, vol. 102(C), pages 41-51.
  • Handle: RePEc:eee:enepol:v:102:y:2017:i:c:p:41-51
    DOI: 10.1016/j.enpol.2016.11.040
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    References listed on IDEAS

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