Review of dynamic pricing programs in the U.S. and Europe: Status quo and policy recommendations
DC Field | Value | Language |
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dc.contributor.author | Hu, Zheng | - |
dc.contributor.author | Kim, Jin-ho | - |
dc.contributor.author | Wang, Jianhui | - |
dc.contributor.author | Byrne, John | - |
dc.date.available | 2020-02-28T10:42:38Z | - |
dc.date.created | 2020-02-06 | - |
dc.date.issued | 2015-02 | - |
dc.identifier.issn | 1364-0321 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/gachon/handle/2020.sw.gachon/10798 | - |
dc.description.abstract | With the development of demand response (DR) technologies and increasing electricity demand, dynamic pricing has been a popular topic in many countries. This paper evaluates various dynamic pricing programs in the U.S. and Europe, and provides insights into various aspects including risks and rewards, enabling technologies, lower-income groups and customer types surrounding programs such as Time-of-Use (TOU), Critical Peak Pricing (CPP), Peak Time Rebates (PTR) and Real Time Pricing (RTP). We conclude this paper with three main findings: (1) policy coordination in promoting dynamic pricing programs between federal and state regulatory agencies is very critical; (2) customer engagement is very important and can be enhanced via more accessible educational programs and policy adjustments; and (3) more investment in related R&D is required to construct a commonly accepted methodology for measuring the effectiveness of dynamic pricing programs. (C) 2014 Elsevier Ltd. All rights reserved. | - |
dc.language | 영어 | - |
dc.language.iso | en | - |
dc.publisher | PERGAMON-ELSEVIER SCIENCE LTD | - |
dc.relation.isPartOf | RENEWABLE & SUSTAINABLE ENERGY REVIEWS | - |
dc.title | Review of dynamic pricing programs in the U.S. and Europe: Status quo and policy recommendations | - |
dc.type | Article | - |
dc.type.rims | ART | - |
dc.description.journalClass | 1 | - |
dc.identifier.wosid | 000348084800056 | - |
dc.identifier.doi | 10.1016/j.rser.2014.10.078 | - |
dc.identifier.bibliographicCitation | RENEWABLE & SUSTAINABLE ENERGY REVIEWS, v.42, pp.743 - 751 | - |
dc.description.isOpenAccess | N | - |
dc.identifier.scopusid | 2-s2.0-84909619756 | - |
dc.citation.endPage | 751 | - |
dc.citation.startPage | 743 | - |
dc.citation.title | RENEWABLE & SUSTAINABLE ENERGY REVIEWS | - |
dc.citation.volume | 42 | - |
dc.contributor.affiliatedAuthor | Kim, Jin-ho | - |
dc.type.docType | Review | - |
dc.subject.keywordAuthor | Dynamic pricing | - |
dc.subject.keywordAuthor | Demand response | - |
dc.subject.keywordAuthor | Electricity tariffs | - |
dc.subject.keywordPlus | RESIDENTIAL DEMAND RESPONSE | - |
dc.relation.journalResearchArea | Science & Technology - Other Topics | - |
dc.relation.journalResearchArea | Energy & Fuels | - |
dc.relation.journalWebOfScienceCategory | Green & Sustainable Science & Technology | - |
dc.relation.journalWebOfScienceCategory | Energy & Fuels | - |
dc.description.journalRegisteredClass | scie | - |
dc.description.journalRegisteredClass | scopus | - |
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