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

8 Pages Posted: 9 Feb 2007

See all articles by Eric C. Woychik

Eric C. Woychik

Strategy Integration, LLC

Andrew P. Morriss

Bush School of Government & Public Service / School of Law; PERC - Property and Environment Research 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

Bush School of Government & Public Service / School of Law ( email )

4220 TAMU / Room 2141
2129 Allen Building
College Station, TX 77843-4220
United States

PERC - Property and Environment Research Center

2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

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