The Long Run Dynamics Of Electricity Demand
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The Long Run Dynamics Of Electricity Demand
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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.
The Dynamics Of Electrical Energy Supply And Demand
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Author : R. K. Pachauri
language : en
Publisher: Greenwood
Release Date : 1975
The Dynamics Of Electrical Energy Supply And Demand written by R. K. Pachauri and has been published by Greenwood this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Business & Economics categories.
Long Run Residential Demand For Electricity
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Author : Robert Halvorsen
language : en
Publisher:
Release Date : 1973
Long Run Residential Demand For Electricity written by Robert Halvorsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Electric utilities categories.
A Framework For Modeling The Dynamics Of Power Markets The Eu Regen Model
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Author : Christoph Weissbart
language : en
Publisher:
Release Date : 2019
A Framework For Modeling The Dynamics Of Power Markets The Eu Regen Model written by Christoph Weissbart and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
The long-run development of power markets will be deeply affected by the gradual substitution of fossil fuel-based generation technologies by renewable energy technologies (RES). However, the intermittent supply of RES, in combination with the temporal non-homogeneity of electricity demand, limits the competitiveness of renewable energies (Joskow, 2011). We develop a partial-equilibrium model of the European power market that contributes with a framework for capturing the temporal and spatial variability of RES. Furthermore, we differentiate wind and solar technologies by different quality classes and contribute with a routine for using meteorological data to approximate the temporal availability of renewable energy technologies. The composite of all these RES features allows then for a detailed representation of RES and their implicit substitution elasticity with fossil fuel-based technologies. Our results for the long-run electricity generation path of the European power market show that, under an 80% CO2 emissions reduction scenario until 2050, renewable energy technologies become the main technologies that will meet the demand. The 2050 generation share of wind and solar power combined is around 40%. However, with the detailed depiction of their temporal and spatial characteristics, we identify that gas power is necessary as a complement to compensate for their intermittent supply, which requires in turn the utilization of carbon capture and storage to adhere to the climate target.
Short Run Determinants Of Residential Electricity Demand
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Author : Robert Halvorsen
language : en
Publisher:
Release Date : 1973
Short Run Determinants Of Residential Electricity Demand written by Robert Halvorsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Electric utilities categories.
The Econometrics Of Energy Systems
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Author : Jacques Girod
language : en
Publisher: Springer
Release Date : 2006-12-14
The Econometrics Of Energy Systems written by Jacques Girod and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-14 with Business & Economics categories.
The complexity and volatility of energy markets creates strong demand for quantitative analysis and econometric techniques. This book offers an introduction to the state of the art in econometric modelling applied to the most pertinent issues in today's energy markets for a better understanding of the working of energy systems and energy economics.
Forecasting U S Electricity Demand
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Author : Adela Maria Bolet
language : en
Publisher: Routledge
Release Date : 2019-08-30
Forecasting U S Electricity Demand written by Adela Maria Bolet and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-30 with Political Science categories.
Although the energy headlines of 1985 proclaim the waning of OPEC, the collapse of oil prices, and the demise of the nuclear power industry, few policy analysts are examining the dynamic challenges and opportunities that may confront the electric power industry during the remainder of this century. In this pioneering work, Adela Maria Bolet attempts to do exactly this, namely, to reconcile the differences among forecasters as to the future of electricity demand in the industrial, commercial, and residential sectors.
Handbook Of Energy Finance Theories Practices And Simulations
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Author : Stephane Goutte
language : en
Publisher: World Scientific
Release Date : 2020-01-30
Handbook Of Energy Finance Theories Practices And Simulations written by Stephane Goutte and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-30 with Business & Economics categories.
Modeling the dynamics of energy markets has become a challenging task. The intensification of their financialization since 2004 had made them more complex but also more integrated with other tradable asset classes. More importantly, their large and frequent fluctuations in terms of both prices and volatility, particularly in the aftermath of the global financial crisis 2008-2009, posit difficulties for modeling and forecasting energy price behavior and are primary sources of concerns for macroeconomic stability and general economic performance.This handbook aims to advance the debate on the theories and practices of quantitative energy finance while shedding light on innovative results and technical methods applied to energy markets. Its primary focus is on the recent development and applications of mathematical and quantitative approaches for a better understanding of the stochastic processes that drive energy market movements. The handbook is designed for not only graduate students and researchers but also practitioners and policymakers.
Managing The Energy Transition
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Author : Roger F. Naill
language : en
Publisher:
Release Date : 1977
Managing The Energy Transition written by Roger F. Naill and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Political Science categories.
Electricity Growth In The Future
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Author : Stanford University. Department of Operations Research
language : en
Publisher:
Release Date : 1982
Electricity Growth In The Future written by Stanford University. Department of Operations Research and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with categories.