Industrial and commercial demand for electricity by time of day
In an effort to fill a gap in the literature on the effect of time-of-use (TOU) electricity pricing on the timing and organization of production activities across industries, the authors examine the assumption of single rhythmically varying price. The evidence suggests the assumption is unrealistic, and will result in an inherent bias. By their very nature, the electricity and labor price cycles will be out of phase by about as great a margin as is possible. There are important data deficiencies which currently restrict the testing of the multiple rhythmically varying price model. New industrial micro data in the United Kingdom will enable the extension of models to consider the impact of electricity tariff structures on interindustry differences in shift work and hours. 15 references, 3 tables.
- Research Organization:
- Polytechnic of Central London, England
- OSTI ID:
- 5035701
- Journal Information:
- Energy J.; (United States), Vol. 6:3
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING
POLICY AND ECONOMY
COMMERCIAL SECTOR
POWER DEMAND
ELECTRIC POWER
TIME-OF-USE PRICING
INDUSTRY
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMIC ELASTICITY
PERSONNEL MANAGEMENT
PRICES
UNITED KINGDOM
WORKING DAYS
ECONOMICS
EUROPE
MANAGEMENT
POWER
WESTERN EUROPE
320603* - Energy Conservation
Consumption
& Utilization- Municipalities & Community Systems- Public Utilities- (1980-)
296000 - Energy Planning & Policy- Electric Power