Consumer Durable Choice And The Demand For Electricity
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| Author | : J.A. Dubin |
| Publisher | : Elsevier |
| Total Pages | : 286 |
| Release | : 2014-07-22 |
| Genre | : Science |
| ISBN | : 1483294668 |
This book develops the theory of durable choice and utilization. The basic assumption is that the demand for energy is a derived demand arising through the production of household services. Durable choice is associated with the choice of a particular technology for providing the household service. Econometric systems are derived which capture both the discrete choice nature of appliance selection and the determination of continuous conditional demand.Using the National Interim Energy Consumption Survey (NIECS) from 1978, a nested logit model of room air-conditioning, central air-conditioning, space-heating and water heating is estimated. The estimated probability choice model is used to forecast the impacts of proposed building standards for newly constructed single family detached residences. A network thermal model provides unit energy consumptions for alternative heating and cooling systems across time. Monthly billing data matched to NIECS is analyzed permitting seasonal estimation of the demand for electricity and natural gas by households.The theory of price specification for demand subject to a declining rate structure is reviewed and tested. Finally, consistent estimation procedures are used in the presence of possible correlation between dummy variables indicating appliance ownership and the equation error. The hypothesis of simultaneity in the demand system is tested.Conditional moments in the generalized extreme value family are derived to extend discrete continuous econometric systems in which discrete choice is assumed logistic. An efficiency comparison of various two-stage consistent estimation techniques applied to a single equation of a dummy endogenous simultaneous equation system is undertaken and asymptotic distributions are derived for each estimation method.
| Author | : Matthew Scot Mattson |
| Publisher | : |
| Total Pages | : 296 |
| Release | : 1990 |
| Genre | : Gas appliances |
| ISBN | : |
| Author | : Rigoberto Ariel Yépez-García |
| Publisher | : World Bank Publications |
| Total Pages | : 215 |
| Release | : 2011-06-24 |
| Genre | : Business & Economics |
| ISBN | : 0821388193 |
Over the coming decades, the supply of electric power will need to expand to meet the growing demand for electricity, but how the production and use of electricity develops will have broad ramifications for the diverse economies and societies of Latin America and the Caribbean. This report discusses the critical issues for the power sector considering a baseline scenario to 2030 for countries and sub-regions. Among these critical issues are the demand for electricity, the total new supply of electric generating capacity needed, the technology and fuel mix of the generating capacity, and the CO2 emissions of the sector. Under modest GDP growth assumptions, the demand for electricity in Latin America and the Caribbean would more than double by 2030. The analysis suggests that under any economic scenario, it will be challenging for the Region to meet future electricity demand. The report shows that meeting the demand for electricity in Latin America and the Caribbean can be achieved by not only building new generating capacity by the expansion of hydropower and natural gas, but by relying on an increased supply of non-hydro renewables, expanding electricity trade, and making use of supply and demand-side energy efficiency to lower the overall demand for electricity. Some recommendations derived from the report are the need for strengthening regulations and market design of hydropower and gas power generation projects and the need to design supportive policies to develop renewable energy technologies and promote energy efficiency measures. The primary audience to which this report is addressed are policy makers, power sector planners and stakeholders.
| Author | : Elsevier ScienceDirect |
| Publisher | : |
| Total Pages | : |
| Release | : 2004 |
| Genre | : Business & Economics |
| ISBN | : |
| Author | : Jessica Fox |
| Publisher | : Springer |
| Total Pages | : 287 |
| Release | : 2016-04-03 |
| Genre | : Business & Economics |
| ISBN | : 3319289535 |
This resource is the first-ever compilation of industry-authored case studies on how power companies are making strides toward achieving sustainable electricity in North America. The book features recent game changing efforts, candid insider stories about challenges and process, and forecasts for the next decade of innovation. Each chapter shares topic-focused case studies regarding the reality of implementing operational changes and strategies that will lead to sustainable electricity. Key technical staff and managers from top companies candidly report on failures, insights, trade-offs, internal process, resulting improvements to operational efficiencies, and natural resource and stakeholder benefits. Electric power company managers seeking to identify specific opportunities and understand the process for advancing sustainability in their own organizations will discover solid paths forward through potentially treacherous terrain. Educated stakeholders, agencies, and regulators will benefit from the greater understanding of the reality of realizing change in the electric power industry engendered by this unique strategic resource.
| Author | : |
| Publisher | : |
| Total Pages | : 812 |
| Release | : 1992 |
| Genre | : Econometrics |
| ISBN | : |
| Author | : Paul Stevens |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 648 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : |
This two-volume set reprints the most significant theoretical and empirical research on energy economics that has been conducted during the last 70 years. The 48 contributions (published between 1931 and 1998) address key questions about the importance of the economics of energy. Some of the articles provide general surveys of issues to cover the broad range of relevant questions; others try to provide a sample of best-practice answers to illustrate how it might be done. Volume I includes a discussion of why energy matters together with demand side issues, conservation and modeling. Volume II looks at supply side issues, markets (players and prices), markets versus governments, and issues which concern developing countries. The volumes are not indexed. Edited by Paul Stevens of the Centre for Energy, Petroleum and Mineral Law and Policy, U. of Dundee. Annotation copyrighted by Book News, Inc., Portland, OR
| Author | : Mark A. Gabriel |
| Publisher | : CRC Press |
| Total Pages | : 252 |
| Release | : 2020-11-26 |
| Genre | : Technology & Engineering |
| ISBN | : 8770222576 |
This book offers a unique insight into the corporate health of energy companies in an evolving landscape of deregulation. Cutting across both historical and present-day situations, it demonstrates important elements vital to the success of energy companies coming out of a safe regulated structure and dealing with a new competitive environment. Targeted at corporate executives, energy professionals, the financial and investment communities, strategic planners and regulators, readers will find this resource helpful to understand how energy companies can meet the challenges of a competitive environment, what it will take to evolve into healthy energy companies, the impacts of deregulation and assessment of successful and unsuccessful strategies for energy companies, the role of technology in business/product reinvention and a successful business model, and the differences and similarities of electricity to other commodities-the challenges to generation, power delivery, environmental science and end-use sectors of the business.
| Author | : |
| Publisher | : |
| Total Pages | : 660 |
| Release | : 1996 |
| Genre | : Energy industries |
| ISBN | : |
| Author | : Thomas G. Cowing |
| Publisher | : Elsevier |
| Total Pages | : 309 |
| Release | : 2013-10-22 |
| Genre | : Business & Economics |
| ISBN | : 1483268497 |
Microeconomic Modeling and Policy Analysis: Studies in Residential Energy Demand analyzes the aggregates and distributional impacts from alternative energy polices related to the energy demands of residential consumers. The book also analyzes the use of micro-simulation models in the study. The book examines three alternative energy policies and their possible impacts on the residential energy demand. The text describes models on energy use including general micro-simulation and micro-simulation as applied in ""Residential End-Use Energy Planning Systems"" (REEPS) and the Oak Ridge National Laboratory (ORNL) Residential Energy Consumption Model. The book describes REEPS as a model providing end-use specific forecasts of energy consumption at the household level. The text describes ORNL as a computationally simpler design but conceptually more complex one. The book then evaluates three different policy scenarios using each of these two models. The performance of REEPS and ORNL, as well as other dimensions of model projections, is examined. The implications regarding 1) policy analysis and 2) the use of micro simulation models are noted. The book then presents a table that summarizes the results of the comparative model evaluation. Energy policymakers, city and local government planning officials, development engineers, and environmentalists will find this book very relevant.
