Leveraging the Smart Grid: The Effect of Real-Time Information on Consumer Decisions

This report reviews the literature on the impact of real-time information provision on consumer decision-making. In addition, it describes the results of a study in which about 7000 households in Ontario, Canada were provided with in-home displays linked to smart meters that provided real-time feedb...

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1. Verfasser: Rivers, Nicholas (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2018
Schriftenreihe:OECD Environment Working Papers no.127
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Zusammenfassung:This report reviews the literature on the impact of real-time information provision on consumer decision-making. In addition, it describes the results of a study in which about 7000 households in Ontario, Canada were provided with in-home displays linked to smart meters that provided real-time feedback on electricity consumption. The results show that electricity consumption declines by about 3% as a result of information feedback, that the reduction in demand is sustained for at least five months, and that it is highly correlated with outdoor temperature.
Beschreibung:1 Online-Ressource (41 p.)
DOI:10.1787/6ad4d5e3-en

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