A self-selection pricing mechanism for residential electricity: Measures of sustainability and equity to balance market mechanisms and government controls

IF 3.5 2区 经济学 Q1 ECONOMICS
Xinhua Zhang , C. James Hueng , Robert J. Lemke
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引用次数: 0

Abstract

We design a self-selection-pricing mechanism in which an electricity supplier offers its customers an optimal menu of contracts subject to a price ceiling set by the government, a hybrid model of market mechanism and government controls. We calibrate the model using information from a residential electricity market in China. Our mechanism outperforms the tiered-electricity-pricing system in China in terms of environmental and industrial sustainability but comes at the cost of providing less protection for low-income households (i.e., less equity). We conclude by offering measures of sustainability and equity that governments could use when trying to balance the trade-off between the two.

居民用电自主定价机制:平衡市场机制和政府调控的可持续性和公平性措施
我们设计了一种自我选择定价机制,在该机制中,电力供应商向其客户提供最优合同菜单,并受政府设定的价格上限约束,这是一种市场机制和政府控制的混合模型。我们使用来自中国住宅电力市场的信息来校准模型。我们的机制在环境和工业可持续性方面优于中国的分级电价制度,但其代价是为低收入家庭提供的保护较少(即更少的公平)。最后,我们提供了可持续性和公平性的衡量标准,政府在试图平衡两者之间的取舍时可以使用这些标准。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
6.20
自引率
11.40%
发文量
76
期刊介绍: The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.
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