The objective of this project is to speed up the transition of the electricity system to be completely carbon-free in a cost-effective manner. Green energy transition highlights the need to switch to a sustainable real time emission-free electricity system. In this project we are analysing various means of influencing the inter-hours electricity consumption behavior of the residential sector through a large, randomized field experiment utilizing hard and soft policies. Consumption reaction can be based purely on prices (hard policy) or some other metric, such as information on current GHG emissions (soft policy). We utilize rich microdata (obtained from the electric utilities and from the national registry databases) and data received from field experiment. These together give this research project a unique position to increase the current understanding of the consumer behavior pertinent to the energy transition.

2023

2027