Dynamic network tariffs: Current practices, key issues and challenges

With the ever‐growing demand for electricity, fast development of intermittent renewable energy generation (IREG), and evolving electricity pricing mechanisms, different network tariff schemes are implemented in various countries to address emerging challenges in power system planning and operation...

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Bibliographic Details
Published in:Energy conversion and economics 2023-02, Vol.4 (1), p.23-35
Main Authors: Wang, Kun, Lai, Xinyi, Wen, Fushuan, Singh, Praveen Prakash, Mishra, Sambeet, Palu, Ivo
Format: Article
Language:English
Subjects:
Consumers
Cost recovery
Data processing
Distribution costs
dynamic network tariffs
Electric power demand
Electric power distribution
Electric vehicles
Electricity
Electricity distribution
Electricity pricing
electricity pricing mechanism
Energy efficiency
Fees & charges
intermittent renewable energy generation
Prices
Regulatory agencies
Renewable resources
State budgets
Taxes
Yeast
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Description
Summary:With the ever‐growing demand for electricity, fast development of intermittent renewable energy generation (IREG), and evolving electricity pricing mechanisms, different network tariff schemes are implemented in various countries to address emerging challenges in power system planning and operation as well as electricity market evolution. Given this background, a survey of current practices on dynamic network tariffs in some representative countries is first presented. Subsequently, key issues of dynamic network tariffs including prerequisite, implementation and effects are described. Finally, from the perspective of electricity consumers, distribution system operators (DSOs) and regulatory authorities, the challenges associated with the implementation of dynamic network tariffs are discussed.
ISSN:2634-1581
2634-1581
DOI:10.1049/enc2.12079