Econ Papers Daily / 期刊论文
使用拍卖激励需求响应：来自台湾钢铁生产商的证据
Incentivizing Demand Response Using Auctions: Evidence From Steel Producers in Taiwan
摘要
This paper examines the effects of incentivizing industrial users to reduce their electricity consumption using demand response auctions, in which rewards for curtailment depend on auction outcomes. Because true baseline consumption is unobserved, firms can strategically adjust both bids and consumption, leading to upward-biased estimates of program effectiveness. Using data on bids, auction outcomes, and hourly electricity consumption from steel producers in Taiwan, this paper employs a regression discontinuity design to show that not accounting for firms' strategic bidding behavior can lead to an overestimation of electricity reductions by at least 50%.
中文摘要
本文考察了通过需求响应拍卖激励工业用户减少电力消耗的效果，其中削减用电的奖励取决于拍卖结果。由于真实基线消费不可观测，企业可能策略性地调整投标和消费行为，导致对项目有效性的估计产生向上偏差。利用台湾钢铁生产商的投标、拍卖结果及每小时电力消耗数据，本文采用断点回归设计表明，若不考虑企业的策略性投标行为，电力削减量可能被高估至少50%。