Now is a propitious time to remind folks of a Tech Central Station article of mine from August 2002 on how market-based retail electricity pricing is good for consumers and good for the environment: One of dynamic pricing’s most enticing long-run benefits is that it induces conservation. If it’s expensive to produce electricity in a …
Between writing a book chapter on retail pricing, demand responsiveness and dynamic pricing in electricity, and having a contract accepted on a house, I lost last week. Wow. More to come over the next few weeks on dynamic pricing and the importance of demand response in getting efficient, integrated wholesale and retail electricity markets. And, …
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