Potential impacts of introducing residential dynamic electricity pricing : an analysis using hourly demand data가정용 동적 전기요금제 도입의 영향 분석

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Based on the generation costs of electricity and large-scale hourly electricity consumption data, this study investigates the potential impacts of introducing time-of-use (TOU) pricing to the retail electricity market, currently operating under the increasing block tariff (IBT) regime, on Korean households. The analysis indicates that TOU pricing is effective in reducing peak load and enhancing social surplus, although its impact on total electricity demand remains modest. About 60%~70% of residential consumers are made worse off as cross-subsidies under the IBT are alleviated. In particular, most of the households with low electricity consumption lose their welfare irrespective of changing TOU pricing structure, while low-income and multi-children households that have been specially treated with bill discounts are in a favorable position than general customers. Peak reduction is weakened in the opt-in TOU scenario without apparent redistribution between customers, which indicates the necessity of market or policy interventions for alleviating distributional shock between customers.
Advisors
Eom, Jiyongresearcher엄지용researcher
Description
한국과학기술원 :녹색경영정책프로그램,
Publisher
한국과학기술원
Issue Date
2020
Identifier
325007
Language
eng
Description

학위논문(석사) - 한국과학기술원 : 녹색경영정책프로그램, 2020.2,[iii, 48 p. :]

Keywords

Residential electricity pricing▼aElectricity Market▼aIncreasing-block tariff▼aTime-of-use▼aCross-subsidy; 가정용 전기요금제▼a전력시장▼a누진제▼a동적요금제▼a교차보조금

URI
http://hdl.handle.net/10203/284855
Link
http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=911532&flag=dissertation
Appears in Collection
MT-Theses_Master(석사논문)
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