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Research teaser: CNZ x Cramton Cramton Associates x University of Cologne x University of Maryland

Centre for Net Zero   •   23 November 2021

The critical role of households in unlocking smart, flexible energy system

What has our work with market design researchers at the University of Cologne & the University of Maryland involved?

A teaser: what have we learnt so far?

Households modify their electricity consumption in response to price, and are particularly motivated/able to do so when they own certain LCTs

Households may modestly redistribute their demand to cheaper periods of the day

Household responsiveness varies by time-of-day and season

When are we sharing the research findings in full?