Prime-time access for whom? Rhythms fairness and the dynamic pricing of infrastructure services

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Journal Title
Journal ISSN
Volume Title
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Date
2022-11-02
Major/Subject
Mcode
Degree programme
Language
en
Pages
17
Series
Local Environment
Abstract
In this paper, we approach a fair and inclusive transition to a circular economy from a perspective of daily rhythms and illustrate these concepts using examples from the electricity and transport sectors. The circular economy discourse endorses sharing and efficiently using capital assets. To be effective, such strategies further need to manage the timing of demand. Dynamic pricing is frequently used to manage, for example, the demand for electricity services and to match demand with the capacity of production. Congestion charges for road usage similarly aim to shape peak demand. The economic and environmental benefits of these schemes have been demonstrated, but the social consequences remain underexplored. Dynamic prices forge new everyday rhythms and contribute to “shift consumption” by limited access during peak demand. We inquire whether, and to what extent, the existing schemes of dynamic pricing consider issues of equality, equity and fairness when offering time-dependent and dynamic tariffs, and highlight the policy implications of promoting a circular economy with effective and more socially just management of the timing of demand.
Description
Funding Information: This work has been supported by the Strategic Research Council at the Academy of Finland grant number 327771. Publisher Copyright: © 2022 Informa UK Limited, trading as Taylor & Francis Group.
Keywords
congestion charges, demand management, dynamic pricing, electricity, infrastructure, shift consumption, Social rhythms
Other note
Citation
Jalas , M & Numminen , S 2022 , ' Prime-time access for whom? Rhythms fairness and the dynamic pricing of infrastructure services ' , Local Environment , vol. 27 , no. 10-11 , pp. 1355-1371 . https://doi.org/10.1080/13549839.2022.2040468