Developing trend of domestic electricity tariffs in Great Britain
Wang, Z. and Li, F., 2011. Developing trend of domestic electricity tariffs in Great Britain. In: 2011 2nd IEEE PES International Conference and Exhibition on Innovative Smart Grid Technologies (ISGT Europe), 5-7 December 2011. IEEE.
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Household flat rate electricity tariffs have been ongoing for decades in the UK. The fitness of this type of tariffs is challenged in the new smart grid and smart metering environment, where demand responses are expected to play an important role to support the energy markets and the network. Generally speaking, most advanced electricity tariffs to date aim to reduce energy prices in a competitive electricity market. This paper reviews a range of electricity tariffs exercised by major suppliers in the UK and their associated drawbacks. The need for further development in electricity tariffs is analyzed with an aim to support suppliers undergoing innovations to provide various tariffs for different types of customers to maximize their participations.
|Item Type||Book Sections|
|Creators||Wang, Z.and Li, F.|
|Uncontrolled Keywords||smart metering,domestic tariff,demand response,dynamic pricing,tariff design|
|Departments||Faculty of Engineering & Design > Electronic & Electrical Engineering|
|Publisher Statement||Wang_PES_2011.pdf: © 2011 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.|
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