Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


Events




The Missing Link: Constructing a Dynamic Pricing Plan for a Smarter Grid  
Keynote Address

Date and Time
June 9, 2010
8:30 AM - 11:30 AM

Availability
By Invitation Only


Speaker
Frank Wolak (keynote speaker) - Stanford University


California is like many states whose electricity customers are still protected by real-time price risk through fixed retail price.  This fixed retail price, however, restricts the consumer's ability to save money by reducing consumption during peak hours. 

Those queasy about allowing or subjecting customers' to dynamic pricing are up for a fight; major technological barriers to dynamic pricing will soon be eliminated as all three of California's IOUs will have interval meters.  The Home Area Network segment of the Smart Grid Ecosystem Broadband Plan includes some strong words for State PUCs, urging them to in turn push utilities to deliver real time pricing data to consumers.  What remains to be seem is: What set of pricing plans would satisfy both HAN vendors and the PUCs?

Panel discussion topics:

  • Is some dynamic pricing available?
  • What will the plans look like?
  • Research questions
  • What set of pricing plans would satisfy both HAN vendors and the PUCs?

Location
Westin Hotel
Palo Alto, CA