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4:15 pm

IGIDR Seminar: ” How aggregate electricity demand responds to hourly wholesale price fluctuations “

June 19 @ 4:15 pm - 5:30 pm

Abstract:- Electricity needs to be consumed at the very moment of production, leading wholesale prices to fluctuate widely at (sub-)hourly time scales. This article investigates the response of aggregate electricity demand to such price variations. Using wind energy as an instrument, we estimate a significant and robust short-term price elasticity Read More

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