Deakin University Study: Time-Matched Solar Pricing Shifts Household Electricity Demand by 18%
By
Nick Ross
Summary
A Deakin University randomized controlled trial on peer-to-peer solar trading found that time-matched energy pricing (linking electricity prices to actual rooftop solar generation) shifted household electricity demand by up to 18% into solar production periods. The Virtual Energy Network (VEN) study, described as Australia's first causal evaluation of P2P electricity trading, used a phase-in randomized controlled trial methodology to establish cause and effect, and found the approach reduced electricity costs for buyers.
Source
bskyDeakin University Study: Time-Matched Solar Pricing Shifts Household Electricity Demand by 18%smbtech.auKey quotes
· 3 pulledThe Deakin University study, known as the Virtual Energy Network (VEN), is being described as Australia's first causal evaluation of peer-to-peer electricity trading.
The research found that time-matched energy pricing reduced electricity costs for buyers.
It used a phase-in randomised controlled trial methodology to establish cause and effect.
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