Designing Taxes and Tariffs for Electricity Systems with Complex Flexible Actors

Felipe Junqueira Fausto, Philipp Andreas Gunkel, Klaus Skytte, Claire Bergaentzle, Russell McKenna

Research output: Chapter in Book/Report/Conference proceedingPublished conference contribution

3 Citations (Scopus)

Abstract

With new technologies blurring the line between generation and consumption in the electricity market, regulation must be re-Thought to adequately deal with increasingly complex flexible actors. The dissemination of distributed energy resources and the consequent rise in the elasticity of demand increase the pres-sure to reform distortive regulation. This paper develops grid tariffs and consumption taxes for the electricity market based on the advice of economic theory in order to preserve the incentives for flexible and grid-friendly behaviour, which will be crucial in future energy systems. This not only provides a guide to regulation design, but creates a benchmark against which proposed regulation can be compared.

Original languageEnglish
Title of host publication16th International Conference on the European Energy Market, EEM 2019
PublisherIEEE Computer Society
Pages1-6
Number of pages6
ISBN (Electronic)9781728112572
ISBN (Print)2165-4077
DOIs
Publication statusPublished - Sept 2019
Event16th International Conference on the European Energy Market, EEM 2019 - Ljubljana, Slovenia
Duration: 18 Sept 201920 Sept 2019

Publication series

NameInternational Conference on the European Energy Market, EEM
Volume2019-September
ISSN (Print)2165-4077
ISSN (Electronic)2165-4093

Conference

Conference16th International Conference on the European Energy Market, EEM 2019
Country/TerritorySlovenia
CityLjubljana
Period18/09/1920/09/19

Bibliographical note

This paper was prepared as a part of the research project Flex4RES with support from Nordic Energy Research, for which we are thankful.

Keywords

  • Energy policy
  • Energy Storage
  • Flexibility
  • Power system Economics

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