An Experiment Of Own Price Elasticity Estimation Non Residential Electricity Demands In The U S
DOWNLOAD
Download An Experiment Of Own Price Elasticity Estimation Non Residential Electricity Demands In The U S PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get An Experiment Of Own Price Elasticity Estimation Non Residential Electricity Demands In The U S book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
An Experiment Of Own Price Elasticity Estimation Non Residential Electricity Demands In The U S
DOWNLOAD
Author : Kang Hua Cao
language : en
Publisher:
Release Date : 2022
An Experiment Of Own Price Elasticity Estimation Non Residential Electricity Demands In The U S written by Kang Hua Cao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
This paper uses an experiment to identify what modelling decisions significantly affect estimates of own-price elasticity for non-residential electricity demands in the United States (U.S.). Based on ~175,000 panel data analyses of 10,944 monthly observations by state available from the Energy Information Administration for 2001-2019, these decisions are parametric specification, estimation method, and treatment of cross-section dependence. As most of the voluminous elasticity estimates are between 0.0 and -0.2, price-induced conservation is likely modest, justifying continued policy support for energy efficiency standards and demand-side management in the U.S. path to deep decarbonization.
Price Elasticity Of Demand For Electricity
DOWNLOAD
Author : Louis A. Guth
language : en
Publisher:
Release Date : 1975
Price Elasticity Of Demand For Electricity written by Louis A. Guth and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Electric utilities categories.
Residential Consumption Of Gas And Electricity In The Us
DOWNLOAD
Author : Anna Alberini
language : en
Publisher:
Release Date : 2015
Residential Consumption Of Gas And Electricity In The Us written by Anna Alberini and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent years, namely 1997-2007. Our dataset is a mixed panel/multi-year cross-sections of dwellings/households in the 50 largest metropolitan areas in the United States as of 2008. To our knowledge, this is the most comprehensive set of data for examining household residential energy usage at the national level, containing the broadest geographical coverage, and with the longest longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We find strong household response to energy prices, both in the short and long term. From the static models, we get estimates of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas demand is -0.693 to -0.566. These results are robust to a variety of checks. Contrary to earlier literature (Metcalf and Hassett, 1999; Reiss and White, 2005), we find no evidence of significantly different elasticities across households with electric and gas heat. The price elasticity of electricity demand declines with income, but the magnitude of this effect is small. These results are in sharp contrast to much of the literature on residential energy consumption in the United States, and with the figures used in current government agency practice. Our results suggest that there might be greater potential for policies which affect energy price than may have been previously appreciated.
Flexible Demand For Electricity And Power
DOWNLOAD
Author : Nordic Council of Ministers
language : en
Publisher: Nordic Council of Ministers
Release Date : 2017-12-19
Flexible Demand For Electricity And Power written by Nordic Council of Ministers and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-19 with Science categories.
Demand side flexibility is the ability of power consumers to reduce their demand in periods of peak load, possibly shifting demand to other periods. The organisation for the Nordic energy regulators, NordREG, has ordered this study to explore demand side flexibility in a Nordic perspective. The study contains a literature survey of demand side flexibility and assess the potential for, and benefit of demand side flexibility. Based on the survey, the report highlights implementation barriers and possible contributions from to reducing these barriers. Existing barriers are e.g lack of ICT, automation services, smart meters and real-time prices. The greatest potential for demand side flexibility in the Nordics is within residential space heating. The value of demand side flexibility is uncertain, but may be 1–2 billion SEK per year.
The Long Run Dynamics Of Electricity Demand
DOWNLOAD
Author : Tatyana Deryugina
language : en
Publisher:
Release Date : 2017
The Long Run Dynamics Of Electricity Demand written by Tatyana Deryugina and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Consumer cooperatives categories.
Understanding the response of consumers to electricity prices is essential for crafting efficient energy market regulations, evaluating climate change policy, and investing optimally in infrastructure. We study the dynamics of residential electricity demand by exploiting price variation arising from a natural experiment: the introduction of an Illinois policy that enabled communities to select electricity suppliers on behalf of their residents. Participating communities experienced average price decreases in excess of 10 percent in the two years following adoption. Using a flexible difference-in-differences matching approach, we estimate a one-year price elasticity of -0.14 and three-year elasticity of -0.29. We also present evidence that consumers increased usage in anticipation of the price changes. Finally, we estimate a forward-looking demand model and project that the price elasticity converges to a value between -0.30 and -0.35 after ten years. Our findings demonstrate the importance of accounting for long-run dynamics in this context.
Price Elasticity Estimates Under Homothetic Separability
DOWNLOAD
Author : Daniel F. Kohler
language : en
Publisher:
Release Date : 1981
Price Elasticity Estimates Under Homothetic Separability written by Daniel F. Kohler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Elasticity (Economics) categories.
Analyzing Demand Behavior
DOWNLOAD
Author : Douglas R. Bohi
language : en
Publisher: Routledge
Release Date : 2013-11-26
Analyzing Demand Behavior written by Douglas R. Bohi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-26 with Business & Economics categories.
First Published in 2011. This title takes econometric studies as data; it examines their assumptions, investigates their methodologies, contrasts the data sets they use, and compares their results. By informing users what they can and cannot expect from researchers, it can sharpen the criteria that are used to commission such studies and judge their results. By examining an array of studies dealing with the same or related phenomena, Bohi can analyse the ways in which decisions made by researchers affect their results. All while considering inferences surrounding the role of econometric demand estimation in formulating policy and understanding demand behavior.
Determining Own Price Elasticity For Residential Demand Of Electricity
DOWNLOAD
Author : Douglas S. Wilson
language : en
Publisher:
Release Date : 1983
Determining Own Price Elasticity For Residential Demand Of Electricity written by Douglas S. Wilson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Elasticity (Economics) categories.
Empirical Essays In The Residential Demand For Electricity
DOWNLOAD
Author : James Marvin Walker
language : en
Publisher:
Release Date : 1978
Empirical Essays In The Residential Demand For Electricity written by James Marvin Walker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Electric power categories.
Residential Electricity Demand Under Time Of Day Pricing
DOWNLOAD
Author : Willard G. Manning
language : en
Publisher:
Release Date : 1980
Residential Electricity Demand Under Time Of Day Pricing written by Willard G. Manning and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Electric utilities categories.