An economic welfare analysis of demand response in the PJM electricity market (Record no. 169462)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01824nab a2200181 4500 |
| 008 - CÓDIGOS DE INFORMACIÓN DE LONGITUD FIJA - INFORMACIÓN GENERAL | |
| Campo de control de longitud fija | 260224s2008 xxu |
| 100 1# - RESPONSABLE PERSONAL | |
| Apellido, Nombre | Walawalkar, Rahul |
| 9 (RLIN) | 40733 |
| 245 00 - TITULO | |
| Título | An economic welfare analysis of demand response in the PJM electricity market |
| 260 ## - PUBLICACION, DISTRIBUCION, ETC | |
| Fecha de publicación, distribución, etc. | Oct. 2008 |
| 270 ## - FECHA DE CARGA | |
| Fecha de carga | 2009-04-06 ; 2009-04-06 |
| 300 ## - DESCRIPCION FISICA | |
| Otra extensión | 11 p. ; 3692-3702 |
| 520 ## - RESUMEN, ETC | |
| Resumen | Transcripción del resumen publicado por el autor: We analyze the economic properties of the economic demand-response (DR) program in the PJM electricity market in the United States using DR market data. PJM's program provided subsidies to customers who reduced load in response to price signals. The program incorporated a "trigger point", at a locational marginal price of $75/MWh, at or beyond which payments for load reduction included a subsidy payment. Particularly during peak hours, such a program saves money for the system, but the subsidies involved introduce distortions into the market. We simulate demand-side bidding into the PJM market, and compare the social welfare gains with the subsidies paid to price-responsive load using load and price data for year 2006. The largest economic effect is wealth transfers from generators to non price-responsive loads. Based on the incentive payment structure that was in effect through the end of 2007, we estimate that the social welfare gains exceed the distortions introduced by the subsidies. Lowering the trigger point increases the transfer from generators to consumers, but may result in the subsidy outweighing the social welfare gains due to load curtailment. We estimate that the socially optimal range for the incentive trigger point would be $66-77/MWh |
| 581 ## - ESTADO DE COLECCIÓN | |
| Estado de colección | 10 |
| 773 0# - CORRECCIÓN | |
| Título | Energy Policy |
| Partes relacionadas | 36 |
| 942 ## - DESC. DE MATERIAL | |
| Tipo de item KOHA | Artículo de Revista |
| Biblioteca propietaria | Biblioteca actual | Fecha de adquisición | Inventario | Total de préstamos | Inventario | Fecha de carga | Tipo de item KOHA |
|---|---|---|---|---|---|---|---|
| Biblioteca Alejandro Angel Bulgheroni | Biblioteca Alejandro Angel Bulgheroni | 05/03/2026 | 200044264 | 200044264 | 05/03/2026 | Artículo de Revista |
