Electricity rates for the zero marginal cost grid |
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Authors: | Helen Lo Seth Blumsack Paul Hines Sean Meyn |
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Affiliation: | 1. Sacremento Municipal Utility District, United States;2. Pennsylvania State University, United States;3. University of Vermont and Packetized Energy, United States;4. University of Florida, United States |
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Abstract: | The electricity industry is rapidly changing: costs are increasingly dominated by capital and technology is turning loads into resources. This is similar to the early days of the Internet. Building on rate-structures used in the communications industry, utilities of the future should offer customers a portfolio of service contract options that provide a signal to the utility regarding the type and amount of infrastructure that should be deployed. |
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Keywords: | Electricity rate design Power system economics Distributed energy resources |
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