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    Development of Electricity Pricing Criteria at Residential Community Level

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    Publication date
    2014
    Author
    Ihbal, Abdel-Baset M.I.
    Rajamani, Haile S.
    Abd-Alhameed, Raed A.
    Jalboub, Mohamed K.
    Elmeshregi, A.S.
    Aljaddal, M.A.
    Keyword
    Real time pricing; Renewable energy intervention; Demand side management; Local community
    Rights
    © Horizon Research Publishing. Full-text reproduced in accordance with the publisher’s self-archiving policy.
    Peer-Reviewed
    Yes
    
    Metadata
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    Abstract
    In the UK there is no real time retail market, and hence no real time retail electricity pricing. Therefore domestic electricity consumers in the UK pay electricity prices that do not vary from hour to hour, but are rather some kind of average price. Real time pricing information was identified as a barrier to understanding the effectiveness of various incentives and interventions. The key question is whether we can evaluate energy management and renewable energy intervention in the behaviour of customers in real market terms. Currently only behaviour changes with respect to total consumption can be evaluated. Interventions cannot be defined for peak load behaviour. The effectiveness of the introduction of renewable energy is also hard to assess. Therefore, it is hard to justify introducing of renewable and demand side management at local community level, apart from when following government approved schemes, subsidies, and other initiatives. In this paper, a new criteria has been developed to help developers and planners of local residential communities to understand the cost of intervention, in order to evaluate where the load is when the prices are high.
    URI
    http://hdl.handle.net/10454/8302
    Version
    published version paper
    Citation
    Ihbal AM, Rajamani HS, Abd-Alhameed RA, Jalboub MK, Elmeshregi AS and Aljaddal MA (2014) Development of electricity pricing criteria at residential community level. Universal Journal of Electrical and Electronic Engineering. 2(2): 81-89.
    Link to publisher’s version
    http://dx.doi.org/10.13189/ujeee.2014.020205
    Type
    Article
    Collections
    Engineering and Informatics Publications

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