Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:50:46am WEST
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Daily Overview |
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Energy Demand and Efficiency 2 Location: B132 Session Chair: Jan Christoph Steckel, MCC - Mercator Research Institute on Global Commons and Climate Change | |
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Residential electricity consumption during extreme price events across different contract types 1: Oulu Business School, University of Oulu, Oulu, Finland; 2: Finnish Environment Institute (Syke), Oulu, Finland; 3: Jyväskylä University School of Business and Economics, Jyväskylä, Finland This study investigates the hourly electricity consumption patterns of households under fixed, hybrid, and dynamic price contracts during two extreme price events at both ends of the pricing spectrum. Our findings show that consumers with dynamic price contracts demonstrate a stronger response to extreme price events compared to customers with hybrid and fixed price contracts. By controlling for potential confounders, we show that the price responses of the dynamic price contract customers can be mostly attributed to the contract type of the household. Additionally, we explore households’ attitudes toward the functioning of electricity markets with a survey administered after episodes of extremely low and high prices. Customers on dynamic pricing contracts viewed market functioning most favourably, whereas those on hybrid contracts were the most sceptical. The findings help electricity retailers and transmission system operators anticipate how the residential sector responds to large price swings. | |