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An Empirical Study of Real-time Feedback and Dynamic Pricing Effects on Electric Power Consumption - Field Experiment on a Remote Island in Japan

Topics: Economic Models of Energy Efficiency; Educational Ecosystems; Energy Management Systems (EMS); Energy Monitoring; Mechanisms for Motivating Behaviour Change; Optimization Techniques for Efficient Energy Consumption; Virtualization for Reducing Power Consumption

Authors: Koji Shimada 1 ; Yuki Ochi 2 ; Takuya Matsumoto 3 ; Hiroshi Matsugi 4 and Takao Awata 5

Affiliations: 1 Ritsumeikan University, Japan ; 2 E-konzal, Japan ; 3 Kobe University, Japan ; 4 Hyogo Prefectural Institute of Technology, Japan ; 5 Kei Communication Technology Inc., Japan

Keyword(s): Electric Power Demand Control, Real-time Feedback, Dynamic Pricing, Field Experiment, Econometrics.

Related Ontology Subjects/Areas/Topics: Economic Models of Energy Efficiency ; Energy and Economy ; Energy Management Systems (EMS) ; Energy Monitoring ; Energy-Aware Systems and Technologies ; Mechanisms for Motivating Behaviour Change ; Optimization Techniques for Efficient Energy Consumption ; Smart Cities ; Sustainable Computing and Communications ; Virtualization for Reducing Power Consumption

Abstract: The management of electric power demand is a key element in the creation of smart-energy communities. We are engaged in a field experiment with the participation of 51 households on Nushima Island, one of the remote islands of Japan, to study the effects of real-time feedback and dynamic pricing on electric power consumption using smart meters and tablet PCs. From the results of panel data analysis, we have found that these measures achieve an estimated saving of 22 percent in electric power consumption when the tablet PCs are accessed three times per day.

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Paper citation in several formats:
Shimada, K.; Ochi, Y.; Matsumoto, T.; Matsugi, H. and Awata, T. (2015). An Empirical Study of Real-time Feedback and Dynamic Pricing Effects on Electric Power Consumption - Field Experiment on a Remote Island in Japan. In Proceedings of the 4th International Conference on Smart Cities and Green ICT Systems - SMARTGREENS; ISBN 978-989-758-105-2; ISSN 2184-4968, SciTePress, pages 201-208. DOI: 10.5220/0005434402010208

@conference{smartgreens15,
author={Koji Shimada. and Yuki Ochi. and Takuya Matsumoto. and Hiroshi Matsugi. and Takao Awata.},
title={An Empirical Study of Real-time Feedback and Dynamic Pricing Effects on Electric Power Consumption - Field Experiment on a Remote Island in Japan},
booktitle={Proceedings of the 4th International Conference on Smart Cities and Green ICT Systems - SMARTGREENS},
year={2015},
pages={201-208},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005434402010208},
isbn={978-989-758-105-2},
issn={2184-4968},
}

TY - CONF

JO - Proceedings of the 4th International Conference on Smart Cities and Green ICT Systems - SMARTGREENS
TI - An Empirical Study of Real-time Feedback and Dynamic Pricing Effects on Electric Power Consumption - Field Experiment on a Remote Island in Japan
SN - 978-989-758-105-2
IS - 2184-4968
AU - Shimada, K.
AU - Ochi, Y.
AU - Matsumoto, T.
AU - Matsugi, H.
AU - Awata, T.
PY - 2015
SP - 201
EP - 208
DO - 10.5220/0005434402010208
PB - SciTePress