The Response of Industrial Customers to Electric Rates Based Upon Dynamic Marginal Costs
Recent advances in technology and in the theory of electric utility operations and planning have led to an increased interest in rate and service options that are differentiated over short time intervals. The purpose of this paper is to describe the results from an analysis of a real-time pricing experiment recently conducted at Niagara Mohawk Power Corporation. The objective of the experiment is to measure the response of large industrial customers to dynamic, fully time-differentiated, marginal cost-based electricity rates over a broad range of industries. Because of its design features, including the establishment of an experimental control group, the Niagara Mohawk study provides a rare opportunity to study large user response to real-time pricing, including inter-hour price elasticities. Coauthors are S. Mostafa Baladi, Douglas W. Caves, and Bernard F. Neenan. Copyright 1993 by MIT Press.
(This abstract was borrowed from another version of this item.)
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||01 Jan 1993|
|Publication status:||Published in Review of Economics and Statistics 1993, vol. 75, pp. 446-454|
|Contact details of provider:|| Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070|
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Web page: http://www.econ.iastate.edu
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:isu:genres:1497. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Curtis Balmer)
If references are entirely missing, you can add them using this form.