气候变化领域集成服务门户(CCPortal): A review of barriers in implementing dynamic electricity pricing to achieve cost-causality

CCPortal

DOI	10.1088/1748-9326/ab9a69
	A review of barriers in implementing dynamic electricity pricing to achieve cost-causality
	Matisoff D.C.; Beppler R.; Chan G.; Carley S.
发表日期	2020
ISSN	17489318
卷号	15 期号:9
英文摘要	Rapidly changing economics, customer preferences, and policy to address climate change and local environmental pollutants have driven increased deployment of a wide range of distributed energy resources in the U.S. electricity system. Distributed energy resources have enabled an expanded role for energy consumers and non-utility third parties to reshape system costs, drawing renewed attention to the potential of reforming electricity rate design based on the further application of cost-causal principals to improve overall system fairness and efficiency. One mechanism to move toward greater application of cost-causal rate design is dynamic pricing, which varies electricity prices across time and location to reflect costs of providing electricity to consumers under specific market conditions and grid operation conditions. While dynamic electricity pricing has penetrated some markets, and it has not been widely implemented, particularly for residential consumers. In this review article, we provide a brief summary of electricity rate design, including the possibility of introducing dynamic prices, and explain why dynamic prices are more reflective of the short-run marginal costs of electricity supply than volumetric rates. We then explore the barriers to the widespread adoption of residential dynamic pricing, emphasizing technical, economic, and political challenges. Our assessment reflects the ability of dynamic prices to engender more equitable and efficient outcomes by achieving the goal of cost-causality, and we argue that a move toward more dynamic pricing can constitute a welfare improvement over volumetric rates. However, dynamic pricing does not completely address the full set of challenges associated with rate design and, alone, is unlikely to enable the full recovery of fixed costs and the fair attribution of the positive and negative externalities of electricity provision. Therefore, electricity rate design requires tradeoffs, making it as much an art as a science. This analysis synthesizes literature across multiple fields and suggests avenues for further research. © 2020 The Author(s). Published by IOP Publishing Ltd.
英文关键词	Distributed energy resources; Dynamic pricing; Electricity prices; Electricity systems; Renewable energy; Smart grid
语种	英语
scopus关键词	Climate change; Energy resources; Housing; Power markets; Customer preferences; Distributed Energy Resources; Electricity pricing; Electricity supply; Environmental pollutants; Negative externalities; Residential consumers; Short run marginal costs; Costs; electricity generation; energy efficiency; energy management; implementation process
来源期刊	Environmental Research Letters
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/153730
作者单位	Georgia Institute of Technology, 685 Cherry St Nw, Atlanta, GA 30332, United States; Humphrey School of Public Affairs, University of Minnesota, 301 19th Ave. S., Minneapolis, MN 55455, United States; O'Neill School of Public and Environmental Affairs, Indiana University, 1315 E 10th St, Bloomington, IN 47405, United States
推荐引用方式 GB/T 7714	Matisoff D.C.,Beppler R.,Chan G.,et al. A review of barriers in implementing dynamic electricity pricing to achieve cost-causality[J],2020,15(9).
APA	Matisoff D.C.,Beppler R.,Chan G.,&Carley S..(2020).A review of barriers in implementing dynamic electricity pricing to achieve cost-causality.Environmental Research Letters,15(9).
MLA	Matisoff D.C.,et al."A review of barriers in implementing dynamic electricity pricing to achieve cost-causality".Environmental Research Letters 15.9(2020).