In the fourth lecture, we will talk about how demand actions can contribute to the energy transition, via energy efficiency and demand response.
In the practical session, we will incorporate demand considerations and retail tariffs to our model.
Slides 7: slides7.pdf
Slides 8: slides8.pdf
Practicum 7: practicum7.ipynb, data_rtp.csv,df_tou.csv, practicum7_slides.pdf
Practicum 8: practicum8.ipynb, data_jaere_clustered.csv,data_technology.csv, practicum8_slides.pdf
❗ Save the Jupyter notebook (.ipynb) and the data CSV file in the same folder. Then, open the Jupyter Notebook to start exploring.
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Fowlie, M., Greenstone, M., Wolfram, C. (2018). Do Energy Efficiency Investments Deliver? Evidence from the Weatherization Assistance Program, The Quarterly Journal of Economics, Volume 133, Issue 3. https://doi.org/10.1093/qje/qjy005
Jessoe, K., & Rapson, D. (2014). Knowledge is (Less) power: Experimental evidence from residential energy use. American Economic Review. https://doi.org/10.1257/aer.104.4.1417
Jessoe, K., & Rapson, D. (2015). Commercial and Industrial Demand Response Under Mandatory Time-of-Use Electricity Pricing. Journal of Industrial Economics, 63(3), 397–421. https://doi.org/10.1111/joie.12082
Fabra, N., Rapson, D., Reguant, M., & Wang, J. (2021). Estimating the Elasticity to Real-Time Pricing: Evidence from the Spanish Electricity Market. AEA Papers and Proceedings, 111, 425–429. https://doi.org/10.1257/pandp.20211007