Template-Type: ReDIF-Article 1.0 
Author-Name: Daniel Sloot
Author-Name: Nico Lehmann
Author-Name: Armin Ardone
Author-Name: Wolf Fichtner
Author-Email:  daniel.sloot@kit.edu
Author-Workplace-Name:  Chair of Energy Economics, Institute for Industrial Production, Karlsruhe Institute of Technology, Germany
Title: A Behavioral Science Perspective on Consumers' Engagement With Demand Response Programs
Abstract:  Residential electricity demand response programs can play a substantial role in facilitating a sustainable energy transition, but it is important to examine the consumer behaviors necessary to harness this potential. We outline three behavioral dimensions relevant for effective demand response, namely investment, participation, and actual response. We discuss the factors that underpin them as well as possible behavioral interventions to promote demand response behaviors.
Classification-JEL:  O33 ,M38 ,Q41
Keywords:  Demand response, Behavioral science, Behavioral interventions
Journal:  Energy RESEARCH LETTERS
Pages: 1-7
Volume: 4
Issue: 1
Year:  2023
DOI:  2023/03/14
File-URL:  https://erl.scholasticahq.com/api/v1/articles/38831-a-behavioral-science-perspective-on-consumers-engagement-with-demand-response-programs.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnerl:76