KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada

Chi Keung WOO, Jay W. ZARNIKAU, Raymond LI, Alice SHIU

Research output: Contribution to journalArticle

Abstract

Using a large sample of customer-day observations from BC Hydro’s residential optional dynamic pricing pilot for the winter-peaking city of Campbell River in British Columbia, Canada, we estimate a system of two electricity demand regressions for daily peak and off-peak periods during November 2007 to February 2008. Our findings support using automatic load control-enhanced dynamic pricing to shave a smart electric grid’s system peak demand and improve the grid’s capacity utilization. Copyright © 2016 Elsevier B.V.
Original languageEnglish
Pages (from-to)44-47
JournalThe Electricity Journal
Volume29
Issue number9
DOIs
Publication statusPublished - Nov 2016

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Grid
British Columbia
Canada
Dynamic pricing
Winter
Electricity demand
Capacity utilization

Citation

Woo, C.-K., Zarnikau, J., Li, R., & Shiu, A. (2016). KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada. The Electricity Journal, 29(9), 44-47.

Keywords

  • Residential electricity demand
  • Dynamic pricing
  • Automatic load control
  • British Columbia