Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs
The practice of Demand-Side Management (DSM) has evolved over the past three decades in response to lessons learned from implementation in different global settings, and also in response to the changing needs of restructured power markets. The most notable change that is occurring today is the inclu...
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Format: | Other Financial Sector Study |
Language: | English en_US |
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Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2005/02/16286612/primer-demand-side-management-emphasis-price-responsive-programs http://hdl.handle.net/10986/8252 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
topic |
ACCESS TO ENERGY ACCESS TO ENERGY SERVICES ADMINISTRATIVE COSTS AGGREGATE DEMAND AMOUNT OF POWER APPLIANCE EFFICIENCY APPLIANCE EFFICIENCY STANDARDS APPROACH AUDITS AUTOMATION AVAILABILITY AVERAGE PRICE BALANCE BARRIER BIDDING BLACK MARKET BUSINESS OPERATIONS BUSINESSES CAPITAL MARKETS CLIMATES COGENERATION COMBUSTION COMBUSTION TURBINES COMMERCIALIZATION COMMODITY COMPETITIVE MARKETS COMPUTER SYSTEM CORPORATE FINANCES COST ESTIMATES COST OF ELECTRICITY COST OF ENERGY COST-BENEFIT COST-BENEFIT ANALYSIS CUSTOMER BASE CUSTOMER DEMAND CUSTOMER EXPECTATIONS CUSTOMER REQUESTS CUSTOMER RESPONSE CUSTOMER RETENTION CUSTOMER SATISFACTION DEMAND CURVE DEMAND CURVES DEMAND FOR POWER DEMAND REDUCTION DEMAND RESPONSE DEMAND-SIDE MANAGEMENT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISTRIBUTION OF ELECTRICITY ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EFFICIENCY GAINS ELECTRIC INDUSTRY ELECTRIC POWER ELECTRIC SYSTEM ELECTRIC UTILITIES ELECTRIC UTILITY ELECTRICITY ELECTRICITY BILLS ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY PRICES ELECTRICITY PRICING ELECTRICITY SUPPLY ELECTRICITY USAGE ELECTRIFICATION ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY MEASURES ENERGY EFFICIENCY PROGRAMS ENERGY MANAGEMENT ENERGY MARKET ENERGY MARKETS ENERGY PRICING ENERGY RESOURCE ENERGY SAVINGS ENERGY SECURITY ENERGY USE ENVIRONMENTAL BENEFITS EQUIPMENT EXPENDITURES EXPOSURE EXTREME WEATHER FINANCIAL INCENTIVES FINANCIAL PRODUCTS FIXED COSTS FOREIGN EXCHANGE FUEL GENERATION HARDWARE HEAVY RELIANCE IMPLEMENTING AGENCIES INCOME INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INNOVATION INSTALLATION INTANGIBLE INTERNATIONAL COMPETITIVENESS LABOR PRODUCTIVITY LIBERALIZATION LOWER PRICE MANUFACTURING MARGINAL COST MARGINAL COSTS MARGINAL ENERGY MARKET CONDITIONS MARKET DISTORTIONS MARKET INFRASTRUCTURE MARKET INTEREST MARKET POWER MARKET PRICE MARKET PRICES MARKET TRANSFORMATION MARKETING MASS MARKETS NATURAL GAS NATURAL GAS INDUSTRIES NEW MARKET NEW MARKETS NEW PRODUCT OIL OUTPUT PEAK CAPACITY PEAK DEMAND PEAK LOAD PEAK LOADS PEAK POWER PEAK TIMES PENALTIES POLICY MAKERS POLICY RESPONSE PORTFOLIO POWER COMPANY POWER COSTS POWER CRISIS POWER DEMAND POWER INDUSTRY POWER PLANTS POWER PRODUCERS POWER PROGRAM POWER SECTOR POWER SECTORS POWER SHORTAGES POWER SYSTEM PRICE CAPS PRICE CHANGES PRICE CONTROLS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE IMPACTS PRICE INCREASES PRICE MECHANISM PRICE OF ELECTRICITY PRICE OF POWER PRICE PROTECTION PRICE RISK PRICE SCHEDULES PRICE SIGNAL PRICE SPIKES PRICE STABILITY PRICE VOLATILITY PRICING MECHANISM PRICING REFORM PRIVATE SECTOR PRIVATIZATION PROCUREMENT PRODUCTIVITY PUBLIC POLICY PUBLIC UTILITIES RATE OF RETURN REBATES REGULATORS RELIABILITY RESIDENTIAL CONSUMERS RESIDENTIAL LOAD RESOURCE COST RESOURCE PLANNING RESULTS RETAIL RETAIL CUSTOMERS RETAIL PRICE RETAIL PRICE OF ELECTRICITY RETROFIT APPLICATIONS REVENUE LOSS REVENUE NEUTRAL SALE SALES SCENARIOS SERVICE PROVIDERS SHAREHOLDER SHAREHOLDERS SILICON SOCIAL RESPONSIBILITY SOFTWARE INFRASTRUCTURE SPREAD SUBSTITUTE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TARGET MARKET TAXONOMIES TECHNICAL ASSISTANCE TELEPHONE TIME PERIOD TIME PERIODS TRADES TRANSITION COUNTRIES TRANSMISSION TRANSPARENCY TREASURY TURNOVER USAGE LEVELS USES UTILITY COSTS VALUE CHAIN VARIABLE COST WATER HEATING WEB WEB SITE WHOLESALE MARKET WHOLESALE MARKETS WHOLESALE POWER WHOLESALE PRICES WHOLESALER |
spellingShingle |
ACCESS TO ENERGY ACCESS TO ENERGY SERVICES ADMINISTRATIVE COSTS AGGREGATE DEMAND AMOUNT OF POWER APPLIANCE EFFICIENCY APPLIANCE EFFICIENCY STANDARDS APPROACH AUDITS AUTOMATION AVAILABILITY AVERAGE PRICE BALANCE BARRIER BIDDING BLACK MARKET BUSINESS OPERATIONS BUSINESSES CAPITAL MARKETS CLIMATES COGENERATION COMBUSTION COMBUSTION TURBINES COMMERCIALIZATION COMMODITY COMPETITIVE MARKETS COMPUTER SYSTEM CORPORATE FINANCES COST ESTIMATES COST OF ELECTRICITY COST OF ENERGY COST-BENEFIT COST-BENEFIT ANALYSIS CUSTOMER BASE CUSTOMER DEMAND CUSTOMER EXPECTATIONS CUSTOMER REQUESTS CUSTOMER RESPONSE CUSTOMER RETENTION CUSTOMER SATISFACTION DEMAND CURVE DEMAND CURVES DEMAND FOR POWER DEMAND REDUCTION DEMAND RESPONSE DEMAND-SIDE MANAGEMENT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISTRIBUTION OF ELECTRICITY ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EFFICIENCY GAINS ELECTRIC INDUSTRY ELECTRIC POWER ELECTRIC SYSTEM ELECTRIC UTILITIES ELECTRIC UTILITY ELECTRICITY ELECTRICITY BILLS ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY PRICES ELECTRICITY PRICING ELECTRICITY SUPPLY ELECTRICITY USAGE ELECTRIFICATION ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY MEASURES ENERGY EFFICIENCY PROGRAMS ENERGY MANAGEMENT ENERGY MARKET ENERGY MARKETS ENERGY PRICING ENERGY RESOURCE ENERGY SAVINGS ENERGY SECURITY ENERGY USE ENVIRONMENTAL BENEFITS EQUIPMENT EXPENDITURES EXPOSURE EXTREME WEATHER FINANCIAL INCENTIVES FINANCIAL PRODUCTS FIXED COSTS FOREIGN EXCHANGE FUEL GENERATION HARDWARE HEAVY RELIANCE IMPLEMENTING AGENCIES INCOME INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INNOVATION INSTALLATION INTANGIBLE INTERNATIONAL COMPETITIVENESS LABOR PRODUCTIVITY LIBERALIZATION LOWER PRICE MANUFACTURING MARGINAL COST MARGINAL COSTS MARGINAL ENERGY MARKET CONDITIONS MARKET DISTORTIONS MARKET INFRASTRUCTURE MARKET INTEREST MARKET POWER MARKET PRICE MARKET PRICES MARKET TRANSFORMATION MARKETING MASS MARKETS NATURAL GAS NATURAL GAS INDUSTRIES NEW MARKET NEW MARKETS NEW PRODUCT OIL OUTPUT PEAK CAPACITY PEAK DEMAND PEAK LOAD PEAK LOADS PEAK POWER PEAK TIMES PENALTIES POLICY MAKERS POLICY RESPONSE PORTFOLIO POWER COMPANY POWER COSTS POWER CRISIS POWER DEMAND POWER INDUSTRY POWER PLANTS POWER PRODUCERS POWER PROGRAM POWER SECTOR POWER SECTORS POWER SHORTAGES POWER SYSTEM PRICE CAPS PRICE CHANGES PRICE CONTROLS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE IMPACTS PRICE INCREASES PRICE MECHANISM PRICE OF ELECTRICITY PRICE OF POWER PRICE PROTECTION PRICE RISK PRICE SCHEDULES PRICE SIGNAL PRICE SPIKES PRICE STABILITY PRICE VOLATILITY PRICING MECHANISM PRICING REFORM PRIVATE SECTOR PRIVATIZATION PROCUREMENT PRODUCTIVITY PUBLIC POLICY PUBLIC UTILITIES RATE OF RETURN REBATES REGULATORS RELIABILITY RESIDENTIAL CONSUMERS RESIDENTIAL LOAD RESOURCE COST RESOURCE PLANNING RESULTS RETAIL RETAIL CUSTOMERS RETAIL PRICE RETAIL PRICE OF ELECTRICITY RETROFIT APPLICATIONS REVENUE LOSS REVENUE NEUTRAL SALE SALES SCENARIOS SERVICE PROVIDERS SHAREHOLDER SHAREHOLDERS SILICON SOCIAL RESPONSIBILITY SOFTWARE INFRASTRUCTURE SPREAD SUBSTITUTE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TARGET MARKET TAXONOMIES TECHNICAL ASSISTANCE TELEPHONE TIME PERIOD TIME PERIODS TRADES TRANSITION COUNTRIES TRANSMISSION TRANSPARENCY TREASURY TURNOVER USAGE LEVELS USES UTILITY COSTS VALUE CHAIN VARIABLE COST WATER HEATING WEB WEB SITE WHOLESALE MARKET WHOLESALE MARKETS WHOLESALE POWER WHOLESALE PRICES WHOLESALER World Bank Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs |
description |
The practice of Demand-Side Management (DSM) has evolved over the past three decades in response to lessons learned from implementation in different global settings, and also in response to the changing needs of restructured power markets. The most notable change that is occurring today is the inclusion of programs that emphasize price responsiveness in the DSM portfolio. Traditionally, DSM programs were confined to energy efficiency and conservation programs with reliability-driven load management programs being used occasionally to manage emergency situations. Electric prices were taken as a given when designing such programs, hampering the eventual success of all such efforts. This Primer has been written to introduce the new concepts of price-responsive DSM that are currently being investigated in a variety of different market settings. It highlights different criteria and taxonomies for classification and evaluation of DSM programs and recommends programs that will likely provide a better fit with the objectives, expected needs and outcomes of DSM initiatives in developing and transition countries. As defined in this primer, such initiatives include both load shifting programs (that either clip peak loads or shift energy used in the peak period to off-peak periods) and efficiency programs (that reduce the total amount of energy). The purpose of the primer is to provide successful examples of price-responsive DSM programs from the developed world and by discussing their workings, show that they can be also be applied to the developing world. Of course, before price-responsive programs can be implemented in the developing world, certain pre-requisites pertaining to metering and billing practices would have to be implemented. These are discussed in the report. |
format |
Economic & Sector Work :: Other Financial Sector Study |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs |
title_short |
Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs |
title_full |
Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs |
title_fullStr |
Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs |
title_full_unstemmed |
Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs |
title_sort |
primer on demand-side management : with an emphasis on price-responsive programs |
publisher |
Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2005/02/16286612/primer-demand-side-management-emphasis-price-responsive-programs http://hdl.handle.net/10986/8252 |
_version_ |
1764404751222439936 |
spelling |
okr-10986-82522021-04-23T14:02:38Z Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs World Bank ACCESS TO ENERGY ACCESS TO ENERGY SERVICES ADMINISTRATIVE COSTS AGGREGATE DEMAND AMOUNT OF POWER APPLIANCE EFFICIENCY APPLIANCE EFFICIENCY STANDARDS APPROACH AUDITS AUTOMATION AVAILABILITY AVERAGE PRICE BALANCE BARRIER BIDDING BLACK MARKET BUSINESS OPERATIONS BUSINESSES CAPITAL MARKETS CLIMATES COGENERATION COMBUSTION COMBUSTION TURBINES COMMERCIALIZATION COMMODITY COMPETITIVE MARKETS COMPUTER SYSTEM CORPORATE FINANCES COST ESTIMATES COST OF ELECTRICITY COST OF ENERGY COST-BENEFIT COST-BENEFIT ANALYSIS CUSTOMER BASE CUSTOMER DEMAND CUSTOMER EXPECTATIONS CUSTOMER REQUESTS CUSTOMER RESPONSE CUSTOMER RETENTION CUSTOMER SATISFACTION DEMAND CURVE DEMAND CURVES DEMAND FOR POWER DEMAND REDUCTION DEMAND RESPONSE DEMAND-SIDE MANAGEMENT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISTRIBUTION OF ELECTRICITY E-MAIL ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EFFICIENCY GAINS ELECTRIC INDUSTRY ELECTRIC POWER ELECTRIC SYSTEM ELECTRIC UTILITIES ELECTRIC UTILITY ELECTRICITY ELECTRICITY BILLS ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY PRICES ELECTRICITY PRICING ELECTRICITY SUPPLY ELECTRICITY USAGE ELECTRIFICATION ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY MEASURES ENERGY EFFICIENCY PROGRAMS ENERGY MANAGEMENT ENERGY MARKET ENERGY MARKETS ENERGY PRICING ENERGY RESOURCE ENERGY SAVINGS ENERGY SECURITY ENERGY USE ENVIRONMENTAL BENEFITS EQUIPMENT EXPENDITURES EXPOSURE EXTREME WEATHER FINANCIAL INCENTIVES FINANCIAL PRODUCTS FIXED COSTS FOREIGN EXCHANGE FUEL GENERATION HARDWARE HEAVY RELIANCE IMPLEMENTING AGENCIES INCOME INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INNOVATION INSTALLATION INTANGIBLE INTERNATIONAL COMPETITIVENESS LABOR PRODUCTIVITY LIBERALIZATION LOWER PRICE MANUFACTURING MARGINAL COST MARGINAL COSTS MARGINAL ENERGY MARKET CONDITIONS MARKET DISTORTIONS MARKET INFRASTRUCTURE MARKET INTEREST MARKET POWER MARKET PRICE MARKET PRICES MARKET TRANSFORMATION MARKETING MASS MARKETS NATURAL GAS NATURAL GAS INDUSTRIES NEW MARKET NEW MARKETS NEW PRODUCT OIL OUTPUT PEAK CAPACITY PEAK DEMAND PEAK LOAD PEAK LOADS PEAK POWER PEAK TIMES PENALTIES POLICY MAKERS POLICY RESPONSE PORTFOLIO POWER COMPANY POWER COSTS POWER CRISIS POWER DEMAND POWER INDUSTRY POWER PLANTS POWER PRODUCERS POWER PROGRAM POWER SECTOR POWER SECTORS POWER SHORTAGES POWER SYSTEM PRICE CAPS PRICE CHANGES PRICE CONTROLS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE IMPACTS PRICE INCREASES PRICE MECHANISM PRICE OF ELECTRICITY PRICE OF POWER PRICE PROTECTION PRICE RISK PRICE SCHEDULES PRICE SIGNAL PRICE SPIKES PRICE STABILITY PRICE VOLATILITY PRICING MECHANISM PRICING REFORM PRIVATE SECTOR PRIVATIZATION PROCUREMENT PRODUCTIVITY PUBLIC POLICY PUBLIC UTILITIES RATE OF RETURN REBATES REGULATORS RELIABILITY RESIDENTIAL CONSUMERS RESIDENTIAL LOAD RESOURCE COST RESOURCE PLANNING RESULTS RETAIL RETAIL CUSTOMERS RETAIL PRICE RETAIL PRICE OF ELECTRICITY RETROFIT APPLICATIONS REVENUE LOSS REVENUE NEUTRAL SALE SALES SCENARIOS SERVICE PROVIDERS SHAREHOLDER SHAREHOLDERS SILICON SOCIAL RESPONSIBILITY SOFTWARE INFRASTRUCTURE SPREAD SUBSTITUTE SUBSTITUTES SUBSTITUTION SUPPLIER SURPLUS SUSTAINABLE DEVELOPMENT TARGET MARKET TAXONOMIES TECHNICAL ASSISTANCE TELEPHONE TIME PERIOD TIME PERIODS TRADES TRANSITION COUNTRIES TRANSMISSION TRANSPARENCY TREASURY TURNOVER USAGE LEVELS USES UTILITY COSTS VALUE CHAIN VARIABLE COST WATER HEATING WEB WEB SITE WHOLESALE MARKET WHOLESALE MARKETS WHOLESALE POWER WHOLESALE PRICES WHOLESALER The practice of Demand-Side Management (DSM) has evolved over the past three decades in response to lessons learned from implementation in different global settings, and also in response to the changing needs of restructured power markets. The most notable change that is occurring today is the inclusion of programs that emphasize price responsiveness in the DSM portfolio. Traditionally, DSM programs were confined to energy efficiency and conservation programs with reliability-driven load management programs being used occasionally to manage emergency situations. Electric prices were taken as a given when designing such programs, hampering the eventual success of all such efforts. This Primer has been written to introduce the new concepts of price-responsive DSM that are currently being investigated in a variety of different market settings. It highlights different criteria and taxonomies for classification and evaluation of DSM programs and recommends programs that will likely provide a better fit with the objectives, expected needs and outcomes of DSM initiatives in developing and transition countries. As defined in this primer, such initiatives include both load shifting programs (that either clip peak loads or shift energy used in the peak period to off-peak periods) and efficiency programs (that reduce the total amount of energy). The purpose of the primer is to provide successful examples of price-responsive DSM programs from the developed world and by discussing their workings, show that they can be also be applied to the developing world. Of course, before price-responsive programs can be implemented in the developing world, certain pre-requisites pertaining to metering and billing practices would have to be implemented. These are discussed in the report. 2012-06-18T15:04:46Z 2012-06-18T15:04:46Z 2005-02 http://documents.worldbank.org/curated/en/2005/02/16286612/primer-demand-side-management-emphasis-price-responsive-programs http://hdl.handle.net/10986/8252 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work |