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Do distribution companies loose money with an electricity flexible tariff?: A review of the chilean case

dc.contributor.authorVera S.
dc.contributor.authorBernal F.
dc.contributor.authorSauma E.
dc.date.accessioned2020-09-02T22:30:00Z
dc.date.available2020-09-02T22:30:00Z
dc.date.issued2013
dc.identifier10.1016/j.energy.2013.03.024
dc.identifier.citation55, , 295-303
dc.identifier.issn03605442
dc.identifier.urihttps://hdl.handle.net/20.500.12728/6545
dc.descriptionWe can get an (energy efficiency) EEimprovement if we produce a flatter daily load curve, leading to a higher efficiency of the power system, making better use of the generation and transport electricity chain, thus avoiding over-investment in equipment used just few hours a year. Tariff flexibility of the (Time of Use) TOUtype is one of these measures. Generally, TOU systems are designed to minimize total system cost, which may cause losses in distribution companies (DISCOs), generating opposition. On the contrary, the present paper proposes a TOU system for electricity consumption in Chile where optimal prices are obtained in order to maximize total income of DISCOs. In this manner, the proposed TOU system is, by definition, beneficial for DISCOs and it may lead to a win-win situation among DISCOs and consumers. In particular, we show that such a system, implemented in a country like Chile, would allow for DISCOs a total potential benefit of 811.7 millions of dollars for the 3-year study period (2005-2007), considering initiatives that promote a 5% savings in real consumption during on-peak hours, obtained by the spread or difference between the proposed and the current systems. © 2013 Elsevier Ltd.
dc.language.isoen
dc.publisherElsevier Ltd
dc.subjectEnergy efficiency
dc.subjectFlexible pricing system
dc.subjectLoad curve
dc.subjectTariff flexibility
dc.subjectTime of Use
dc.subjectCosts
dc.subjectEconomics
dc.subjectIndustry
dc.subjectDistribution companies
dc.subjectElectricity-consumption
dc.subjectHigher efficiency
dc.subjectLoad curves
dc.subjectPotential benefits
dc.subjectPricing systems
dc.subjectTariff flexibility
dc.subjectTime of use
dc.subjectEnergy efficiency
dc.subjectconsumption behavior
dc.subjectelectricity industry
dc.subjectelectricity supply
dc.subjectenergy efficiency
dc.subjecthousehold energy
dc.subjectliterature review
dc.subjecttariff structure
dc.subjectChile
dc.titleDo distribution companies loose money with an electricity flexible tariff?: A review of the chilean case
dc.typeArticle


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