Peak-load pricing: European lessons for US energy policy

Book · Sun Jan 01 04:00:00 EST 1978

OSTI ID:5301186

Mitchell, B M; Manning, Jr, W G; Acton, J P

Since the 1973/74 oil embargo, critics have attacked the traditional methods of pricing electricity and have called for fundamental revisions in the structure of electricity rates. Among the most-promising proposals are those that advocate peak-load pricing, which bases the price of electricity on the time of day or the month in which it is used. This volume constitutes the first comprehensive evaluation of the challenge of shifting the $50 billion American electricity sector to peak-load rate structures and the opportunities for increasing the efficiency of national energy resources that such changes promise. The authors examine the role of electricity pricing in national energy policy and the economic principles that form the foundation for electricity rate structures. They provide an integrated presentation of the theory of peak-load pricing and its role in national energy policy, a detailed examination of its practical application in European electricity utilities (where it has been in use for some time), and its implications for American energy policy.

• OSTI ID: 5301186
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
296000* -- Energy Planning & Policy-- Electric Power
EFFICIENCY
ELECTRIC UTILITIES
ENERGY EFFICIENCY
ENERGY POLICY
EUROPE
GOVERNMENT POLICIES
LOAD MANAGEMENT
MANAGEMENT
NORTH AMERICA
PEAK-LOAD PRICING
PRICES
PUBLIC UTILITIES
RATE STRUCTURE
USA