Market Survey Findings, Drivers & Barriers

Research for this section has been carried out over the course of two years and analyzed the development of smart meter enabled programs throughout Europe, the USA and Australia. The present findings are based upon 26 intensive interviews of distribution and retailer company managers and other market experts on the developments of demand response (DR) within their respective markets. These interviews formed the basis of the list of drivers and enablers that were later investigated in a survey. This survey had two parts; the first part asked respondents to spontaneously name 5 factors which they feel are acting as drivers for DR in their markets and 5 which they feel are acting as barriers1. The aim of this section was to ascertain what drivers and barriers the experts thought of first without guidance from the researchers. The second part provided a list of drivers and enablers gathered from the in-depth interviews and asked the respondents to state on a scale of 1-7 to which extend did they agree or disagree these factors were important2. One-hundred and twenty five questionnaires were sent out and eighty-seven replies were received. The survey is presented in the Annex. This report presents the results in written and graphical form.

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Pro-Environmental Habits: Propensity Levels in Behavioral Change

A proposed model for behavioral change is described as a process in several steps
from habitual nonenvironmentally friendly behavior to environmentally friendly
behavior. Every step is linked to factors promoting or impeding further progress.
Data from a questionnaire addressed to a random sample of 500 Swedish adults
supported the hypothesis that general factors such as environmental values and a
sense of responsibility for the environment will be more influential in an early phase
rather than in a later phase of changing established habits regarding purchases of
washing and washing-up detergents, respectively. Furthermore, in a later phase of
transition, specific beliefs about particular products will affect the testing and
evaluation of a new behavior.

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A Questionnaire Survey of Market Participants’ Views On The Vitalization Of The Japan Electric Power Exchange

It has been argued that vitalizing the wholesale power market is one of the most important issues in the restructuring of the electricity industry in Japan. The trading volume in the spot market has been quite small relative to the total demand for electricity, thereby generating causes for concern about market liquidity. In this paper, we examined the potential for vitalizing the power exchange by administering questionnaire surveys to obtain market participants’ views on the same. While there is an indication that the market still lacks liquidity, some market participants considered that the current level of trading volume in the spot market is adequate. One of the major problems concerning the institutional factors, which are indicated by our survey, is to be addressed by a planned establishment of the balancing market. The participants consider the limited interconnection capacity between the regions and the similarity of generating fuel mix to be less relevant. The trading rules and the operation of the JEPX are considered to be less relevant except for the potential of uneconomical scheduling in the spot market. The individual circumstances of the market participants are also relevant, including capacity constraints and the inability of managing price risk.

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A Questionnaire Survey of Market Participants' Views On The Vitalization Of The Japan Electric Power Exchange

It has been argued that vitalizing the wholesale power market is one of the most important issues in the restructuring of the electricity industry in Japan. The trading volume in the spot market has been quite small relative to the total demand for electricity, thereby generating causes for concern about market liquidity. In this paper, we examined the potential for vitalizing the power exchange by administering questionnaire surveys to obtain market participants’ views on the same. While there is an indication that the market still lacks liquidity, some market participants considered that the current level of trading volume in the spot market is adequate. One of the major problems concerning the institutional factors, which are indicated by our survey, is to be addressed by a planned establishment of the balancing market. The participants consider the limited interconnection capacity between the regions and the similarity of generating fuel mix to be less relevant. The trading rules and the operation of the JEPX are considered to be less relevant except for the potential of uneconomical scheduling in the spot market. The individual circumstances of the market participants are also relevant, including capacity constraints and the inability of managing price risk.

Continue reading about A Questionnaire Survey of Market Participants' Views On The Vitalization Of The Japan Electric Power Exchange


 

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