Potential of hourly settlements in the residential sector of the Swedish electricity market : Estimations of risk reduction and economic result

• Increased demand response is essential in order to boost the effectiveness of the Swedish power market. The all-embracing installation of automatic meter reading systems enables power suppliers to introduce hourly settlements in the residential sector. The aim of the study has been to assess the impact of electricity retailers’ physical and financial risk in customer segments with different heating systems as well as to estimate the potential of the electricity contract ”Fixed price with the right to return” in terms of economic consequences and risk management. The results show that households whose main heating system consists of a geothermal heat pump constitute the largest physical price and volume risk of suppliers. The gain of introducing hourly settlements in the residential electricity market has furthermore proven to be manifold from both an economic and risk reducing point of view.

Ämnesord

TEKNIK OCH TEKNOLOGIER  -- Naturresursteknik -- Energisystem (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Environmental Engineering -- Energy Systems (hsv//eng)

Nyckelord

Energy- and Environmental Engineering

energi- och miljöteknik

Publikations- och innehållstyp

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