Energy Economics & Finance Seminar

Events

WednesdayMay 2, 20184:00 - 5:00 PM Kleinman | Free Event Register Here
Location
Kleinman Classroom
220 S. 34th St. Fisher Fine Arts Building, Room 306
19104 Philadelphia , PA
United States
Pennsylvania US
Contact Information

If you are interested in attending, please contact:

Arthur van Benthem (arthurv@wharton.upenn.edu)

  • Arthur van Benthem
    Wharton

The Efficiency of Dynamic Electricity Pricing Schemes

Abstract

The marginal cost of electricity varies by time and across locations, but the retail tariff is often fixed. This type of coarse pricing drives a wedge between marginal social costs and benefits and causes an efficiency loss. Real-time pricing would be the theoretically ideal solution, but has faced resistance from utilities, regulators and consumers. We ask how much “intermediate” dynamic tariff schemes, such as simple peak vs. off-peak rates, get us in terms of restoring efficiency.


This seminar series in Energy Economics & Finance (EEF) is organized by Arthur van Benthem and hosted by the Kleinman Center.

The scope of the seminar includes regulation and policy papers. The scope of the seminar also includes environmental and transportation issues, as long as there is a connection with energy. Sessions are biweekly on Wednesdays (see dates below) from 4:00 p.m. – 5:00 p.m in the Kleinman Center classroom—Fisher Fine Arts Room 306.

Beer, wine, and snacks are served! For more information or to attend a session, please contact Arthur van Benthem (arthurv@wharton.upenn.edu).

Spring 2018 Schedule
 
  • 1/31: Jesse Jenkins (MIT)
  • 3/14: Akshaya Jha (CMU Heinz)
  • 3/28: Erik Gilje (Wharton)
  • 4/11: Ashley Vissing (Chicago Economics)
  • 4/25: Jing Li (MIT Sloan)
  • 5/2: Arthur van Benthem (Wharton)
  • 5/9: Christina Simeone & Thomas Lee (Kleinman Center)