The average car’s idleness presents an opportunity to use price signals to encourage charging during off-peak hours. Several studies have found that, by using time of use pricing for EV charging stations, utilities can get owners to charge their vehicles during periods of low power demand. The benefits of such price signals are substantial: When EVs are charged off peak, consumers face lower energy prices, and utilities increase revenues without the need to invest in new grid or generating capacity. Source: The Transportation Grid: How utilities can drive the future of transport | Utility Dive
The transactive business model explained by Baker Street Publishing: The TE business model provides a level playing field for all technologies. All ways to make or save energy can compete fairly regardless of their type, technology, size, location, and ownership. This possibility has been the dream of rate-makers and stakeholders. Source: The Transactive Energy Business Model is more fair.
Traditionally, power production has followed demand. Due to the growth of renewable power production, it is increasingly becoming lucrative to actively manage demand to profit from fluctuating power prices. Benjamin Bayer reports about first experiences with demand response in the US and explains how the regulatory framework needs to change in Germany. Source: Electricity market design: Will demand react to variations in power supply? – German Energy Transition