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Cited by 29Smart Grid Energy ManagementEnergy, Environment, and Transportation PoliciesElectric Vehicles and Infrastructure

Short-term consumer benefits of dynamic pricing

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Dupont, Benjamin, De Jonghe, Cedric, Kessels, Kris, Belmans, Ronnie·2011·2011 8th International Conference on the European Energy Market (EEM)
DOI 10.1109/eem.2011.5953011
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Abstract

Consumer benefits of dynamic pricing depend on a variety of factors. Consumer characteristics and climatic circumstances widely differ, which forces a regional comparison. This paper presents a general overview of demand response programs and focuses on the short-term benefits of dynamic pricing for an average Flemish residential consumer. It reaches a methodology to develop a cost reflective dynamic pricing program and to estimate short-term bill savings. Participating in a dynamic pricing program saves an average consumer 2.32 percent of his initial bill. While this result seems insufficient to justify implementation, it contains only a small proportion of a series of dynamic pricing benefits.

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  • The presented congestion mitigation solution is based on contractual agreements between users and DSOs, and falls into the category of incentive-based curtailable load programs.

    “The presented congestion mitigation solution is based on contractual agreements between users and DSOs, and falls into the category of incentive-based curtailable load programs [30].”

    From Congestion mitigation in unbalanced residential networks with OPF-based demand management (2022) · cites this paper as [30]

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Authors
Dupont, B., De Jonghe, C., Kessels, K., & Belmans, R.
Affiliations
  • KU Leuven (BE)
  • Flemish Institute for Technological Research (BE)
ORCID
Kessels, Kris
Venue
2011 8th International Conference on the European Energy Market (EEM)
Publisher
IEEE
Published
2011-05
Pages
216-221
DOI
10.1109/eem.2011.5953011
OpenAlex
W2143016711
Cited by
29
References
20
Citations by year
2024: 2 · 2022: 1 · 2019: 1 · 2018: 1 · 2016: 3 · 2015: 3 · 2014: 5 · 2013: 5 · 2012: 8
FWCI
7.81
Type
conference paper
Language
en
Open access
Licence
other-oa
Locations
  • International Conference on the European Energy Market (EEM) (publishedVersion)
  • Lirias (submittedVersion, other-oa)
Topics
  • Physical Sciences › Engineering › Electrical and Electronic Engineering › Smart Grid Energy Management
  • Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy, Environment, and Transportation Policies
  • Physical Sciences › Engineering › Electrical and Electronic Engineering › Electric Vehicles and Infrastructure
Keywords
dynamic pricing, demand response programs, residential electricity consumers, electricity bill savings, cost-reflective pricing, consumer benefits, Flanders

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