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A baseline-free method to identify responsive customers on dynamic time-of-use tariffs

Authors :
Schofield, James R.
Tindemans, Simon H.
Strbac, Goran
Publication Year :
2016

Abstract

Dynamic time-of-use tariffs incentivise changes in electricity consumption. This paper presents a non-parametric method to retrospectively analyse consumption data and quantify the significance of a customer's observed response to a dynamic price signal without constructing a baseline demand model. If data from a control group is available, this can be used to infer customer responsiveness - individually and collectively - on an absolute scale. The results are illustrated using data from the Low Carbon London project, which included the UK's first dynamic time-of-use pricing trial.<br />Comment: 2 pages, 1 figure

Details

Database :
arXiv
Publication Type :
Report
Accession number :
edsarx.1605.08078
Document Type :
Working Paper