DOI: 10.1016/j.enpol.2020.111251
论文题名: Using insurance to manage reliability in the distributed electricity sector: Insights from an agent-based model
作者: Fuentes R. ; Sengupta A.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 139 语种: 英语
中文关键词: Agent based models
; Distributed energy resources
; New business models
; Utilities of the future
; Utility death spiral
英文关键词: Autonomous agents
; Commerce
; Consumer behavior
; Electronic trading
; Energy resources
; Insurance
; Outages
; Power quality
; Reliability
; Risk perception
; Simulation platform
; Agent-based model
; Distributed Energy Resources
; New business models
; Utilities of the future
; Utility death spiral
; Computational methods
; electricity industry
; electricity supply
; household energy
; insurance system
; model
; risk perception
; willingness to pay
英文摘要: High penetration of distributed technologies would call for a different way to manage electricity reliability for semi-independent households. One option could be to allow customers to withdraw power from the grid when their home system fails. This behavior, however, could constitute an existential threat for utilities: if consumers use the network less, and continue to pay according to their usage, the utility might be unable to recover its costs. This paper investigates whether the creation of a reliability insurance market would help to deal with these concerns. We propose a business model where utilities offer insurance to semi-independent, yet risk averse households, against the prospect of a blackout, when a pay as you go system is no longer available. With the use of an Agent Based Model, we test if contracts from this market can converge into a theoretical optimal contract where bounded perception of risks and losses impact the price of insurance and potential revenues of utilities. We find that such a market could exist as consumers efficiently transfer all or a portion of their risk to the utility, based on their willingness to pay and risk profiles, which allows them to avoid blackouts at the margin. © 2020 Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167168
Appears in Collections: 气候变化与战略
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作者单位: King Abdullah Petroleum Studies and Research Center (KAPSARC), Saudi Arabia; Kent Business School, University of Kent, United Kingdom
Recommended Citation:
Fuentes R.,Sengupta A.. Using insurance to manage reliability in the distributed electricity sector: Insights from an agent-based model[J]. Energy Policy,2020-01-01,139