The Energy Systems Integration Group’s (ESIG) Aligning Retail Pricing with Grid Needs Task Force has released three white papers that explore ways that retail pricing may be used more widely and more efficiently to allow flexible demand to respond to grid needs. The white papers are intended for people across the energy industry including power systems engineering and grid operators, retail economists, consumer advocates, regulators, and others.
“Tapping the Mother Lode: Employing Price-Responsive Demand to Reduce the Investment Challenge” by Michael Hogan discusses ways to access the potential of demand flexibility to significantly reduce the amount of infrastructure that must be built.
“Why Is the Smart Grid So Dumb?: Missing Incentives in Regulatory Policy for an Active Demand Side in the Electricity Sector” by Travis Kavulla examines incentives for actively managing demand for two types of retailers, finding incomplete incentives throughout their business models.
“Heat Pump–Friendly Cost-Based Rate Designs” by Sanem Sergici and co-authors explores how alternative cost-based electricity rate design does not need to penalize electrification, with a deep dive into heat pump adoption for space heating.
Read more in ESIG’s news release.