Determining Own Price Elasticity for Residential Demand of Electricity

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ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Determining Own Price Elasticity for Residential Demand of Electricity by : Douglas S. Wilson

Download or read book Determining Own Price Elasticity for Residential Demand of Electricity written by Douglas S. Wilson and published by . This book was released on 1983 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measuring Price and Income Elasticities of Residential Electricity Demand

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ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (932 download)

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Book Synopsis Measuring Price and Income Elasticities of Residential Electricity Demand by : Atlana Puett

Download or read book Measuring Price and Income Elasticities of Residential Electricity Demand written by Atlana Puett and published by . This book was released on 2014 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published estimates of the price elasticity of residential electricity demand range from -0.29 to -0.70, for analyses based on household level data; however, the area level estimates from range from -0.02 to -0.15. A similar pattern has been reported for estimates of the income elasticity of residential demand for electricity. Each published study relied on one type of data set (aggregated or disaggregated) and these datasets cover different time periods and locations. This raises the question: does the pattern generated by the published results reflect systematic differences generated by the use of aggregated vs. disaggregated data, or does the pattern reflect random variations in the study settings? In this research the hypothesis has been tested that the pattern generated by the published results reflects the use of aggregated vs. disaggregated data, by constructing both an individual-level dataset and a county-level dataset for one state (State of Nevada) covering the period from 2005 to 2011. Both datasets have been used to estimate household and utility level price and income elasticities of residential demand for electricity. This research shows the same pattern reported in the published studies: the magnitude of the estimated price elasticity generated by the disaggregated data exceeds the magnitude of the estimate generated by the disaggregated data. However, the magnitudes of the two income elasticities do not follow the same pattern.

A Study of Residential Demand for Electricity with Emphasis on Price Elasticity

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ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.:/5 (77 download)

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Book Synopsis A Study of Residential Demand for Electricity with Emphasis on Price Elasticity by : Robert H. Havig

Download or read book A Study of Residential Demand for Electricity with Emphasis on Price Elasticity written by Robert H. Havig and published by . This book was released on 1977 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Price Elasticity of Demand for Electricity

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ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Price Elasticity of Demand for Electricity by : Louis A. Guth

Download or read book Price Elasticity of Demand for Electricity written by Louis A. Guth and published by . This book was released on 1975 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Residential Demand for Electricity

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ISBN 13 :
Total Pages : 770 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Residential Demand for Electricity by : Robert Francis Halvorsen

Download or read book Residential Demand for Electricity written by Robert Francis Halvorsen and published by . This book was released on 1972 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Residential Consumption of Gas and Electricity in the US

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ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Residential Consumption of Gas and Electricity in the US by : Anna Alberini

Download or read book Residential Consumption of Gas and Electricity in the US written by Anna Alberini and published by . This book was released on 2015 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Estimating the Residential Demand for Electricity

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ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Estimating the Residential Demand for Electricity by : Robin Emrich Logan

Download or read book Estimating the Residential Demand for Electricity written by Robin Emrich Logan and published by . This book was released on 1984 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Electricity Marginal Cost Pricing

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Publisher : Elsevier
ISBN 13 : 0123854660
Total Pages : 369 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Electricity Marginal Cost Pricing by : Monica Greer

Download or read book Electricity Marginal Cost Pricing written by Monica Greer and published by Elsevier. This book was released on 2012-03-13 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Packed with case studies and practical real-world examples, Electricity Marginal Cost Pricing Principles allows regulators, engineers and energy economists to choose the pricing model that best fits their individual market. Written by an author with 13 years of practical experience, the book begins with a clear and rigorous explanation of the theory of efficient pricing and how it impacts investor-owned, publicly-owned, and cooperatively-owned utilities using tried and true methods such as multiple-output, functional form, and multiproduct cost models. The author then moves on to include self-contained chapters on applying estimating cost models, including a cubic cost specification and policy implications while supplying actual data and examples to allow regulators, energy economists, and engineers to get a feel for the methods with which efficient prices are derived in today’s challenging electricity market. A guide to cost issues surrounding the generation, transmission, and distribution of electricity Clearly explains cost models which can yield the marginal cost of supplying electricity to end-users Real-world examples that are practical, meaningful, and easy to understand Explans the policy implications of each example Provide suggestions to aid in the formation of the optimal market price

The Future of Electricity Demand

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Publisher : Cambridge University Press
ISBN 13 : 1139936700
Total Pages : 507 pages
Book Rating : 4.1/5 (399 download)

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Book Synopsis The Future of Electricity Demand by : Tooraj Jamasb

Download or read book The Future of Electricity Demand written by Tooraj Jamasb and published by Cambridge University Press. This book was released on 2011-09-15 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: What will electricity and heat demand look like in a low-carbon world? Ambitious environmental targets will modify the shape of the electricity sector in the twenty-first century. 'Smart' technologies and demand-side management will be some of the key features of the future of electricity systems in a low-carbon world. Meanwhile, the social and behavioural dimensions will complement and interact with new technologies and policies. Electricity demand in the future will increasingly be tied up with the demand for heat and for transport. The Future of Electricity Demand looks into the features of the future electricity demand in light of the challenges posed by climate change. Written by a team of leading academics and industry experts, the book investigates the economics, technology, social aspects, and policies and regulations which are likely to characterize energy demand in a low-carbon world. It provides a comprehensive and analytical perspective on the future of electricity demand.

An Experiment of Own-Price Elasticity Estimation Non-Residential Electricity Demands in the U.S.

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Experiment of Own-Price Elasticity Estimation Non-Residential Electricity Demands in the U.S. by : Kang Hua Cao

Download or read book An Experiment of Own-Price Elasticity Estimation Non-Residential Electricity Demands in the U.S. written by Kang Hua Cao and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Residential Electricity Demand Under Time-of-day Pricing

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Residential Electricity Demand Under Time-of-day Pricing by : Willard G. Manning

Download or read book Residential Electricity Demand Under Time-of-day Pricing written by Willard G. Manning and published by . This book was released on 1980 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Estimating Residential Electricity Demand Under Declining-block Tariffs

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ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Estimating Residential Electricity Demand Under Declining-block Tariffs by : Jan Paul Acton

Download or read book Estimating Residential Electricity Demand Under Declining-block Tariffs written by Jan Paul Acton and published by . This book was released on 1978 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Masters Theses in the Pure and Applied Sciences

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Publisher : Springer Science & Business Media
ISBN 13 : 1468449192
Total Pages : 314 pages
Book Rating : 4.4/5 (684 download)

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Book Synopsis Masters Theses in the Pure and Applied Sciences by : Wade H. Shafer

Download or read book Masters Theses in the Pure and Applied Sciences written by Wade H. Shafer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Masters Theses in the Pure and Applied Sciences was first conceived, published, and disseminated by the Center for Information and Numerical Data Analysis and Synthesis (CINDAS) * at Purdue University in 1 957, starting its coverage of theses with the academic year 1955. Beginning with Volume 13, the printing and dissemination phases of the activity were transferred to University Microfilms/Xerox of Ann Arbor, Michigan, with the thought that such an arrangement would be more beneficial to the academic and general scientific and technical community. After five years of this joint undertaking we had concluded that it was in the interest of all con cerned if the printing and distribution of the volumes were handled by an interna tional publishing house to assure improved service and broader dissemination. Hence, starting with Volume 18, Masters Theses in the Pure and Applied Sciences has been disseminated on a worldwide basis by Plenum Publishing Cor poration of New York, and in the same year the coverage was broadened to include Canadian universities. All back issues can also be ordered from Plenum. We have reported in Volume 28 (thesis year 1 983) a total of 10,661 theses titles from 26 Canadian and 197 United States universities. We are sure that this broader base for these titles reported will greatly enhance the value of this important annual reference work. While Volume 28 reports theses submitted in-1983, on occasion, certain univer sities do report theses submitted in previous years but not reported at the time.

Own-price Elasticity of Demand for Electricity

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ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (911 download)

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Book Synopsis Own-price Elasticity of Demand for Electricity by : Henry John Bernard Van Egteren

Download or read book Own-price Elasticity of Demand for Electricity written by Henry John Bernard Van Egteren and published by . This book was released on 1983 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Price Elasticity of Demand for Electricity Residential Markets in Southern California

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ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Price Elasticity of Demand for Electricity Residential Markets in Southern California by : Bruce Edmund Donatelli

Download or read book Price Elasticity of Demand for Electricity Residential Markets in Southern California written by Bruce Edmund Donatelli and published by . This book was released on 1967 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Short Run Price Elasticity of Residential Electricity Demand Within Income Levels and the Implications for CO2 Policy

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (932 download)

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Book Synopsis Short Run Price Elasticity of Residential Electricity Demand Within Income Levels and the Implications for CO2 Policy by :

Download or read book Short Run Price Elasticity of Residential Electricity Demand Within Income Levels and the Implications for CO2 Policy written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Durable Choice and the Demand for Electricity

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Publisher : Elsevier
ISBN 13 : 1483294668
Total Pages : 286 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Consumer Durable Choice and the Demand for Electricity by : J.A. Dubin

Download or read book Consumer Durable Choice and the Demand for Electricity written by J.A. Dubin and published by Elsevier. This book was released on 2014-07-22 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.