Electricity tariff design for transition economies

Reneses, Javier; Gómez, Tomás; Rivier, J.; Angarita, Jorge L.

doi:10.1016/j.eneco.2010.04.005

Cited by 23 publications

(15 citation statements)

References 11 publications

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“…2 shows the grid with the voltage levels proposed by Spain's National Energy Commission. A simpler example applied to the Libyan system is given in [5].…”

Section: Methodologies For Allocating Distribution Costsmentioning

confidence: 99%

“…This method has been used and continues to be used (implicitly or explicitly) in a fair number of tariff schedule designs [5].…”

Section: Methodologies For Allocating Distribution Costsmentioning

confidence: 99%

“…The laws, directives and regulations enacted in each country as the basis for electricity tariff regulation and design almost invariably cite a number of fundamental principles [1][2][3][4][5][6]. † Sustainability or sufficiency.…”

Section: Regulatory Principlesmentioning

confidence: 99%

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Distribution pricing: theoretical principles and practical approaches

Reneses

Ortega

2014

IET Generation, Transmission & Distribution

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“…2 shows the grid with the voltage levels proposed by Spain's National Energy Commission. A simpler example applied to the Libyan system is given in [5].…”

Section: Methodologies For Allocating Distribution Costsmentioning

confidence: 99%

“…This method has been used and continues to be used (implicitly or explicitly) in a fair number of tariff schedule designs [5].…”

Section: Methodologies For Allocating Distribution Costsmentioning

confidence: 99%

See 1 more Smart Citation

Distribution pricing: theoretical principles and practical approaches

Reneses

Ortega

2014

IET Generation, Transmission & Distribution

Self Cite

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“…By designing electricity tariff, we take the following economic incentives into account [11,12,13,14], these include:…”

Section: A Tariff Design Principlesmentioning

confidence: 99%

Segmented energy tariff design for flattening load demand profile

Hakvoort

Lukszo

2020

2020 IEEE PES Innovative Smart Grid Technologies Europe (ISGT-Europe)

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In this paper, a segmented energy tariff design is proposed to incentivize consumers to flatten load demand. This energy tariff focuses on consumption levels instead of consumption periods. Energy storage is an effective strategy to help to maintain the imported energy from grid below the threshold without affecting the comfort of energy consuming. From economic perspective, both battery size and segmented energy prices should be considered to minimize the total energy cost. For the considered home battery system, when the threshold value and battery size is larger than 0.45 kWh and 3 kWh respectively, the imported energy from grid is zero. When the price ratio is larger than 9, it is beneficial for consumers to response to load flattening with battery to reduce energy cost. It is recommended that policy makers or electricity regulators take the tariff incentive into account to make it attractive for consumers to respond to load flattening.

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“…The basic principle involved in a price is to achieve a balance between the utility's income from grid operation and the prosumers' benefit from supplying/consuming energy. The price at each time is designed considering business sustainability and economic efficiency [19]. The proposed pricing mechanism requires more information about uncertainty generated from the prosumer side.…”

Section: Energy Price Designmentioning

confidence: 99%

Transaction Mechanism Based on Two-Dimensional Energy and Reliability Pricing for Energy Prosumers

Son

2019

Applied Sciences

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Prosumers, users that consume and produce energy, increase the diversity of energy system operations as distributed sources. However, they can reduce energy system reliability by increasing uncertainty. This study presents a novel transaction mechanism based on dynamic pricing for enhancing energy system reliability. The proposed dynamic energy-reliability pricing-based transaction mechanism (ERT) increases the controllability of prosumer uncertainties by a two-dimensional pricing mechanism based on time and reliability status, as compared to conventional time-based one-dimensional energy prices. Under the proposed ERT, utilities and prosumers exchange information about the utility price and the prosumer’s intent in order to ensure that demand is met. A two-way information infrastructure built for prosumer energy trading is used for this task. The utility enhances system reliability using this information, and the prosumer increases revenue through pricing selection. The practical implementation of the proposed ERT is described for both utilities and prosumers. A case study using practical renewable generation data revealed that the proposed ERT improves not only the reliability factor of the utility but also prosumer revenue as compared to a conventional energy-based dynamic pricing case. It is also shown that an economical optimum point that maximizes prosumer net revenue exists when electrical energy storage (EES) is applied to enhance performance. Increasing to the EES capacity provided room for uncertainty management, net revenue is improved, but the economic burden by the EES cost is increased. Under the proposed ERT, the optimal point results in greater EES capacity and higher net revenue enhancement than the conventional case.

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Electricity tariff design for transition economies

Cited by 23 publications

References 11 publications

Distribution pricing: theoretical principles and practical approaches

Distribution pricing: theoretical principles and practical approaches

Segmented energy tariff design for flattening load demand profile

Transaction Mechanism Based on Two-Dimensional Energy and Reliability Pricing for Energy Prosumers

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