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Author:Herriges, J.
Title:The responce of industrial customers to electric rates based upon dynamic marginal costs
Journal:Review of Economics and Statistics
1993 : AUG, VOL. 75:3, p. 446-454
Index terms:INDUSTRIES
CUSTOMERS
ELECTRICITY INDUSTRY
Language:eng
Abstract:Recent advances in technology and in the theory of electric utility operations and planning have led to an increased interest in rate and service options that are differentiated over short time intervals. The purpose of this paper is to describe the results from an analysis of a real-time pricing experiment recently conducted at Niagara Mohawk Power Corporation. The objective of the experiment is to measure the response of large industrial customers to dynamic, fully time-differentiated, marginal cost-based electricity rates over a broad range of industries.
SCIMA record nr: 114983
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