Residential Gateway for Electricity Response: Resolve of Customer Access, System Expansion, Market Manipulation, and Environmental Goals

8 Pages Posted: 9 Feb 2007  

Eric C. Woychik

Strategy Integration, LLC

Andrew P. Morriss

Texas A&M School of Law; PERC - Property and Environment Research Center; George Mason University - Mercatus Center

Date Written: 2007

Abstract

Designers of competitive electricity systems face numerous challenges regarding how to achieve efficient retail customer access, cost-containment, market power mitigation, and environmental goals. The ideal system would provide retail price and demand response, customer satisfaction, meet environmental objectives, be highly reliable, and provide appropriate investment signals for system expansion. Starting in Chicago, the WattSpot residential, real-time interactive gateway is designed to resolve these challenges. It facilitates web-based, automated customer choice based on hourly electricity metering and prices, demand response and energy efficiency options, environmental dispatch, and highly interactive customer education. Research is presented to show how this gateway and the related data can be used resolve critical challenges to competitive electricity markets and leverage customers options.

Suggested Citation

Woychik, Eric C. and Morriss, Andrew P., Residential Gateway for Electricity Response: Resolve of Customer Access, System Expansion, Market Manipulation, and Environmental Goals (2007). U Illinois Law & Economics Research Paper No. LE07-003. Available at SSRN: https://ssrn.com/abstract=962237 or http://dx.doi.org/10.2139/ssrn.962237

Eric C. Woychik (Contact Author)

Strategy Integration, LLC ( email )

Oakland, CA
United States

Andrew P. Morriss

Texas A&M School of Law ( email )

1515 Commerce Street
Fort Worth, TX 76133
United States

PERC - Property and Environment Research Center ( email )

2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

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