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Is our everyday comfort for sale?: Preferences for demand management on the electricity market
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics. Umeå University, Faculty of Social Sciences, Center for Environmental and Resource Economics (CERE).
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics. Umeå University, Faculty of Social Sciences, Center for Environmental and Resource Economics (CERE).
2015 (English)Report (Other academic)
Abstract [en]

In a European perspective, the electricity markets have been experiencing major changes via deregulation, new technologies and changes in the production mix. Together with the daily and seasonal peak hours on the demand side, the changing markets put pressure on increased flexibility to handle and sustain balance in the grid systems. This paper focuses on the demand side and analyzes preferences related to demand management of Swedish households energy use. Preferences are analyzed within the framework of choice experiments and people are faced with hypothetical electricity contracts. The respondents reveal their preferences for attributes related to external control of heating, household electricity and information dissemination (integrity). The results show that people put a substantial value on not being controlled, illustrated by compensations up to thousands of SEK for accepting a contract characterized by external control of energy use in various dimensions. In addition, the results show that household composition, age, gender and income play a role for the perceived discomfort from the external control and information dissemination. 

Place, publisher, year, edition, pages
Umeå: Umeå university , 2015. , 18 p.
Series
CERE working papers, 2015:6
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-105993OAI: oai:DiVA.org:umu-105993DiVA: diva2:839553
Available from: 2015-07-03 Created: 2015-07-03 Last updated: 2015-12-03Bibliographically approved

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fulltext(646 kB)182 downloads
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http://www.cere.se/documents/wp/2015/CERE_WP2015-6.pdf

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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