Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/191483
Year of Publication: 
2017
Series/Report no.: 
IRENE Working Paper No. 16-03
Publisher: 
University of Neuchâtel, Institute of Economic Research (IRENE), Neuchâtel
Abstract: 
Photovoltaic systems generate electricity around noon, when many homes are empty. Conversely, residential electricity demand peaks in the evening, when production from solar sources is impossible. Based on a randomized control trial, we assess the effectiveness of alternative demand response measures aimed at mitigating these imbalances. More precisely, through information feedback and financial rewards, we encourage households to shift electricity consumption toward the middle of the day. Using a difference-in-differences approach, we find that financial incentives induce a significant increase of the relative consumption during the period of the day when most solar radiation takes place. Information feedback, however, pushes households to decrease overall consumption, but induces no load shifting.
Subjects: 
electricity usage
solar energy
demand response
randomized control trial
smart metering
JEL: 
C93
D12
L94
Q41
Document Type: 
Working Paper

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