Industrial customer response to wholesale prices in the restructured Texas electricity market

被引：21

作者：

Zarnikau, J.

Landreth, G.

Hallett, I.

Kumbhakar, S. C.

机构：

[1] Frontier Assoc, Austin, TX 78746 USA

[2] Univ Texas, LBJ Sch Public Affairs, Austin, TX 78713 USA

[3] SUNY Binghamton, Binghamton, NY 13902 USA

来源：

ENERGY | 2007年 / 32卷 / 09期

关键词：

demand response; price elasticity of demand for electricity; real-time pricing; symmetric generalized McFadden demand function; wholesale electricity markets;

D O I：

10.1016/j.energy.2007.01.006

中图分类号：

O414.1 [热力学];

学科分类号：

摘要：

This paper estimates the demand responsiveness of the 20 largest industrial energy consumers in the Houston area to wholesale price signals in the restructured Electric Reliability Council of Texas (ERGOT) market. Statistical analysis of their load patterns employing a Symmetric Generalized McFadden cost function model suggests that ERGOT achieved limited success in establishing a market that facilitates demand response from the largest industrial energy consumers in the Houston area to wholesale price signals in its second year of retail competition. The muted price response is at least partially because energy consumers who opt to offer their "interruptibility" to the market as an ancillary service are constrained in their ability to respond to wholesale energy prices. (c) 2007 Elsevier Ltd. All rights reserved.

引用

页码：1715 / 1723

页数：9

共 21 条

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AHMAD F, 2000, ELECTR J

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