Ebook: The Power to Choose : Demand Response in Liberalised Electricity Markets.
Author: OECD
- Tags: Electric utilities -- Law and legislation, Electric utilities -- Government ownership, Electric utilities, Competition
- Series: Energy market reform The Power to choose
- Year: 2003
- Publisher: Organisation for Economic Co-operation and Development
- City: Paris
- Language: English
- pdf
Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers' inability to control demand, means that consumer behaviour is not reflected in the cost of energy.