Document Type
Article
Date of Original Version
12-3-2014
Abstract
Demand response is an important tool for utilities to manage load during peak periods. While the effects of demand response programs on peak load reductions are well studied and intuitive, assessments typically fail to recognize the potential for off-peak behavioral responses that may mitigate the total benefits of the program. Using smart meter consumption data on residential air conditioning units enrolled in a direct load control program, this paper examines changes in consumption prior to and after curtailment events. The results suggest substantial increases in off-peak consumption, which reduce energy, monetary, and environmental benefits of the program by over 40%.
Publication Title, e.g., Journal
Energy Economics
Citation/Publisher Attribution
Lang, C., & Okwelum, E. (2015). The Mitigating Effect of Strategic Behavior on the Net Benefits of a Direct Loan Control Program. Energy Economics, 49, 141-148.
Available at: http://dx.doi.org/10.1016/j.eneco.2015.01.025
Author Manuscript
This is a pre-publication author manuscript of the final, published article.
Terms of Use
This article is made available under the terms and conditions applicable
towards Open Access Policy Articles, as set forth in our Terms of Use.