KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada

Chi-Keung Woo; Jay Zarnikau; Raymond Li; Alice Shiu

doi:10.1016/j.tej.2016.10.012

KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada

Chi-Keung Woo
, Jay Zarnikau
, Raymond Li
, Alice Shiu

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

Abstract

Using a large sample of customer-day observations from BC Hydro’s residential optional dynamic pricing pilot for the winter-peaking city of Campbell River in British Columbia, Canada, we estimate a system of two electricity demand regressions for daily peak and off-peak periods during November 2007 to February 2008. Our findings support using automatic load control-enhanced dynamic pricing to shave a smart electric grid’s system peak demand and improve the grid’s capacity utilization.

Original language	English
Pages (from-to)	44-47
Number of pages	4
Journal	Electricity Journal
Volume	29
Issue number	9
DOIs	https://doi.org/10.1016/j.tej.2016.10.012
Publication status	Published - 1 Nov 2016
Externally published	Yes

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10.1016/j.tej.2016.10.012

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title = "KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada",

abstract = "Using a large sample of customer-day observations from BC Hydro{\textquoteright}s residential optional dynamic pricing pilot for the winter-peaking city of Campbell River in British Columbia, Canada, we estimate a system of two electricity demand regressions for daily peak and off-peak periods during November 2007 to February 2008. Our findings support using automatic load control-enhanced dynamic pricing to shave a smart electric grid{\textquoteright}s system peak demand and improve the grid{\textquoteright}s capacity utilization.",

keywords = "Residential electricity demand, Dynamic pricing, Automatic load control, British columbia",

author = "Chi-Keung Woo and Jay Zarnikau and Raymond Li and Alice Shiu",

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T1 - KWh effects of residential optional dynamic pricing

T2 - Winter evidence from British Columbia, Canada

AU - Woo, Chi-Keung

AU - Zarnikau, Jay

AU - Li, Raymond

AU - Shiu, Alice

PY - 2016/11/1

Y1 - 2016/11/1

N2 - Using a large sample of customer-day observations from BC Hydro’s residential optional dynamic pricing pilot for the winter-peaking city of Campbell River in British Columbia, Canada, we estimate a system of two electricity demand regressions for daily peak and off-peak periods during November 2007 to February 2008. Our findings support using automatic load control-enhanced dynamic pricing to shave a smart electric grid’s system peak demand and improve the grid’s capacity utilization.

AB - Using a large sample of customer-day observations from BC Hydro’s residential optional dynamic pricing pilot for the winter-peaking city of Campbell River in British Columbia, Canada, we estimate a system of two electricity demand regressions for daily peak and off-peak periods during November 2007 to February 2008. Our findings support using automatic load control-enhanced dynamic pricing to shave a smart electric grid’s system peak demand and improve the grid’s capacity utilization.

KW - Residential electricity demand

KW - Dynamic pricing

KW - Automatic load control

KW - British columbia

UR - https://www.scopus.com/pages/publications/84997079972

UR - http://www.mendeley.com/research/kwh-effects-residential-optional-dynamic-pricing-winter-evidence-british-columbia-canada

U2 - 10.1016/j.tej.2016.10.012

DO - 10.1016/j.tej.2016.10.012

M3 - Article

SN - 1040-6190

VL - 29

SP - 44

EP - 47

JO - Electricity Journal

JF - Electricity Journal

IS - 9

ER -

KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada

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