• DocumentCode
    60841
  • Title

    Relative kW Response to Residential Time-Varying Pricing in British Columbia

  • Author

    Chi-Keung Woo ; Horowitz, Ira ; Sulyma, Iris M.

  • Author_Institution
    Dept. of Econ., Hong Kong Baptist Univ., San Francisco, CA, USA
  • Volume
    4
  • Issue
    4
  • fYear
    2013
  • fDate
    Dec. 2013
  • Firstpage
    1852
  • Lastpage
    1860
  • Abstract
    We apply graphical exploration and regression analysis to estimate 1717 participants´ relative kW responses in BC Hydro´s residential TOU/CPP pilot study. We define a customer´s relative kW response as the percentage change in the customer´s hourly kW demand due to exposure to time-varying pricing. Compared to the control group of customers facing non-TOU rates, we find that TOU pricing yields a statistically-significant evening peak kW decrease of 4-11%, after controlling for the effects of day of the week, month of the year, weather, customer location, and customer size. CPP produces an additional peak kW reduction of about 9%, which can be further increased to about 33% through remotely-activated load control of space and water heaters. Hence, a scheme of TOU pricing augmented with CPP and load control on system peak days can be a highly effective demand-response strategy for winter-peaking utilities.
  • Keywords
    load regulation; power markets; pricing; regression analysis; space heating; BC Hydro residential; British Columbia; TOU pricing yields; customer location; customer relative kW response; customer size; demand-response strategy; electricity market; graphical exploration; regression analysis; remotely-activated load control; residential time-varying pricing; space heaters; statistically-significant evening peak; water heaters; winter-peaking utilities; Load flow control; Pricing; Rivers; Schedules; Shape; Space heating; Water heating; Energy management; load management; power demand;
  • fLanguage
    English
  • Journal_Title
    Smart Grid, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    1949-3053
  • Type

    jour

  • DOI
    10.1109/TSG.2013.2256940
  • Filename
    6642136