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DOE OSTI · 21337903

Fairness and dynamic pricing: comments

Hogan, William W
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Abstract

In ''The Ethics of Dynamic Pricing,'' Ahmad Faruqui lays out a case for improved efficiency in using dynamic prices for retail electricity tariffs and addresses various issues about the distributional effects of alternative pricing mechanisms. The principal contrast is between flat or nearly constant energy prices and time-varying prices that reflect more closely the marginal costs of energy and capacity. The related issues of fairness criteria, contracts, risk allocation, cost allocation, means testing, real-time pricing, and ethical policies of electricity market design also must be considered. (author)

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29 ENERGY PLANNING, POLICY, AND ECONOMYALLOCATIONSCAPACITYCONTRACTSCOSTDESIGNEFFICIENCYELECTRIC POWERETHICAL ASPECTSHAZARDSMARGINAL-COST PRICINGMARKETPEAK-LOAD PRICINGRETAIL PRICESTIME-OF-USE PRICING

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BibTeXRIS

Hogan, William W. 2010-07-15. Fairness and dynamic pricing: comments. https://doi.org/10.1016/j.tej.2010.05.015

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