Smart Grid Economics A Field Experimental Approach to Demand Response

This book aims to report on a cutting-edge research project of the smart grid in Japan, resting on the three pillars of field experiments, behavioral economics, and big data. The field experiments on the smart grid were conducted in four regions in Japan—Yokohama city, Toyota city, Keihanna Science...

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Bibliographic Details
Main Authors: Ida, Takanori, Tanaka, Makoto (Author), Ito, Koichiro (Author)
Format: eBook
Language:English
Published: Singapore Springer Nature Singapore 2024, 2024
Edition:1st ed. 2024
Series:Advances in Japanese Business and Economics
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Part I Smart Grid Economics
  • Chapter 1 Economics of Smart Grid: Smart Grid, Time-dependent Pricing (Dynamic Pricing), Demand Response
  • Part II Field Experimental Economics
  • Chapter 2 Economics of Field Experiment: History of Field Experiment, especially in Energy and Environmental Economics
  • Chapter 3 Dynamic Pricing: Purpose, Design, and Results of Field Experiment of Dynamic Pricing
  • Chapter 4 Persistence and Habit Formation: Short-term and Long-term Effects of Conservation Request and Dynamic Pricing
  • Chapter 5 Switching Cost and Information Friction: Status Quo Bias and Cognitive Incompleteness of Behavioral Change
  • Chapter 6 Social Welfare Analysis: Cost-Benefit Ratio of Installing Smart Grid System
  • Part III Toward Power System Restructuring
  • Chapter 7 Power System Restructuring and Smart Grids