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> We’re just going to need the right intelligence in the system, sending the right economic signals [i.e., charging varying rates throughout the day, more when
by brandmeyer 9y ago
> We’re just going to need the right intelligence in the system, sending the right economic signals [i.e., charging varying rates throughout the day, more when power is expensive, less when it is cheaper].
Hell. Yes.
Most of the deregulated markets already have a futures market price scheduled in 15 minute intervals that clears 24 hours in advance. Expose end customers to that day-ahead market and we can get all kinds of flexibility.
- sounds 9y agoI am cautiously optimistic that varying rate schedules will help. It is unfortunately true that most residential users will not pay enough attention to either curtailing their own use or -- and I think this is the big one -- shenanigans by the electric utility. If the result is an effective rate hike, residential users will oppose it. It's not even that hard to get residential users to love it, but it seems no one is interested in solving that problem.