The Stated Preference methods course succeeded again this year in attracting a full roster of students. Thirteen participants from universities in Norway, France, Switzerland, and the United Kingdom came to learn the theory and practice of non-market valuation.
“Carbon emissions are not affected by a Swedish fly tax, not as long as the flight takes place within the EES area. The best way to remedy a global problem is global solutions and a global system appears to be seeing the light of day within a few years. Special solution and well-intentioned “precede” solutions are unfortunately often counterproductive.“ (translated quote) Read Bengt Kriström and Per-Olov Johanssons in a comment to previous articles at vk.se, published April 20th, 2017 (only in Swedish)
Deregulation and technological advancement have provided the possibilities and the larger share of intermittent power the need for demand flexibility. Policy makers hope that households will be interested in demand flexibility and change their ways. However, if the incentives for behavioural change are too small, the households will fail to respond.
Dr. Mattias Vesterberg successfully defended his thesis: Power to the people - Electricity demand and household behaviour, on February 24, 2017. Mattias partly focused on real time pricing of electricity, trying to figure out the potential for dynamic pricing to increase demand flexibility on the Swedish electricity market. Using unique Swedish household level data, his research sheds light on the extent to which price-driven policies can incentivize behavioural changes in residential electricity consumption. While technologies and market structures already allow many consumers to adjust their consumption according to electricity availability, only few actively do so. Ingrained consumer patterns are difficult to change and the gains from switching to flexible electricity contracts seem too small.