Sentences with phrase «dynamic electricity pricing»

The system will also allow them to use simulation interfaces to evaluate potential future operating models featuring, say, dynamic electricity pricing or forecast - based facility management.

Not exact matches

With dynamic pricing, provided from the power market and smart meters, installed by utility companies it is now possible for consumers to sell electricity back to the grid and trade it like a typical commodity.

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The possible components of such an approach that would be relevant in the context of climate change include: a national renewable electricity standard; Federal financing for clean energy projects: energy efficiency measures (building, appliance, and industrial efficiency standards; home retrofit subsidies; and smart grid standards, subsidies, and dynamic pricing policies); and new Federal electricity ‑ transmission siting authority.

As that occurs, hugely expanded energy market flexibility will occur as natural gas can be substituted for electricity as market reforms progressively shift the energy industry away from long - term contracts and more toward an open market governed by dynamic price signals.

Gas prices look to remain low for a long time, but even if they rise there is no way out of the dynamic of over-capacity and plunging electricity prices as long as subsidizing wind and solar is the government's main energy initiative.

It not only provides backup power in case of power failure and the ability to go entirely off - grid if you have a solar system that generates enough power for the needs of your house, but it can also reduce electricity bills in areas where Time - of - Use dynamic pricing is used:

Smart meters, among others, will enable «demand response» and «dynamic» or «time - of use» pricing for electricity.

Instead of a single or other simple (e.g. night and day) tariff, dynamic pricing and more complex tariff structures are expected to be introduced to allow «demand response», in other words, to allow customers to buy electricity at constantly changing prices, thereby cutting demand at peak times, and thus, resulting in a lower need for peak capacity as well as better integration of renewable energy sources.