Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Retail Pricing Under Carbon Taxation and Variable Renewable Electricity Supply
dc.bibliographicCitation.firstPage | 183 | eng |
dc.bibliographicCitation.issue | 1 | eng |
dc.bibliographicCitation.journalTitle | Environmental and Resource Economics | eng |
dc.bibliographicCitation.lastPage | 213 | eng |
dc.bibliographicCitation.volume | 75 | eng |
dc.contributor.author | Gambardella, Christian | |
dc.contributor.author | Pahle, Michael | |
dc.contributor.author | Schill, Wolf-Peter | |
dc.date.accessioned | 2021-10-26T09:51:11Z | |
dc.date.available | 2021-10-26T09:51:11Z | |
dc.date.issued | 2020 | |
dc.description.abstract | We analyze the gross welfare gains from real-time retail pricing in electricity markets where carbon taxation induces investment in variable renewable technologies. Applying a stylized numerical electricity market model, we find a U-shaped association between carbon taxation and gross welfare gains. The benefits of introducing real-time pricing can accordingly be relatively low at relatively high carbon taxes and vice versa. The non-monotonous change in welfare gains can be explained by corresponding changes in the inefficiency arising from “under-consumption” during low-price periods rather than by changes in wholesale price volatility. Our results may cast doubt on the efficiency of ongoing roll-outs of advanced meters in many electricity markets, since net benefits might only materialize at relatively high carbon tax levels and renewable supply shares. © 2019, The Author(s). | eng |
dc.description.version | publishedVersion | eng |
dc.identifier.uri | https://oa.tib.eu/renate/handle/123456789/7110 | |
dc.identifier.uri | https://doi.org/10.34657/6157 | |
dc.language.iso | eng | eng |
dc.publisher | Dordrecht [u.a.] : Springer Science + Business Media B.V. | eng |
dc.relation.doi | https://doi.org/10.1007/s10640-019-00393-0 | |
dc.relation.essn | 1573-1502 | |
dc.relation.issn | 0924-6460 | |
dc.rights.license | CC BY 4.0 Unported | eng |
dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | eng |
dc.subject.ddc | 333,7 | eng |
dc.subject.ddc | 330 | eng |
dc.subject.ddc | 300 | eng |
dc.subject.other | Carbon tax | eng |
dc.subject.other | Partial equilibrium modeling | eng |
dc.subject.other | Real-time pricing | eng |
dc.subject.other | Variable renewable electricity | eng |
dc.subject.other | Welfare analysis | eng |
dc.title | Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Retail Pricing Under Carbon Taxation and Variable Renewable Electricity Supply | eng |
dc.type | Article | eng |
dc.type | Text | eng |
tib.accessRights | openAccess | eng |
wgl.contributor | PIK | eng |
wgl.subject | Umweltwissenschaften | eng |
wgl.type | Zeitschriftenartikel | eng |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- Gambardella2020_Article_DoBenefitsFromDynamicTariffing.pdf
- Size:
- 2.28 MB
- Format:
- Adobe Portable Document Format
- Description: