The Econometrics Of Dynamic Pricing In A Mid Atlantic Experiment

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The Econometrics of Dynamic Pricing in a Mid-Atlantic Experiment

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

Book Synopsis The Econometrics of Dynamic Pricing in a Mid-Atlantic Experiment by : Ahmad Faruqui

Download or read book The Econometrics of Dynamic Pricing in a Mid-Atlantic Experiment written by Ahmad Faruqui and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Baltimore Gas & Electric Company (BGE) undertook a dynamic pricing experiment to test customer price responsiveness to different dynamic pricing options. The pilot ran during the summers of 2008 and 2009 and was called the Smart Energy Pricing (SEP) Pilot. In 2008, it tested two types of dynamic pricing tariffs: critical peak pricing (CPP) and peak time rebate (PTR) tariffs. Some thousand customers who randomly placed on these tariffs and some of them were paired with one of two enabling technologies, a device known as the Energy Orb and a switch for cycling central air conditioners. The usage of a randomly chosen control group of customers was also monitored during the same time period. In 2009, the pilot only tested the PTR tariff. In this paper, we estimate a well-known demand model on the hourly consumption, pricing and weather data that was compiled in the SEP pilot. We derive substitution and daily price elasticities and predictive equations for estimating the magnitude of demand response under a variety of dynamic prices. We also test for the persistence of impacts across the two summers. We also report average peak demand reduction for each of the treatment cells in the SEP pilot and compare the findings with those reported from earlier pilots.

Economics of Power Systems

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Author : Makoto Tanaka
Publisher : Springer Nature
ISBN 13 : 3030928713
Total Pages : 327 pages
Book Rating : 4.0/5 (39 download)

Book Synopsis Economics of Power Systems by : Makoto Tanaka

Download or read book Economics of Power Systems written by Makoto Tanaka and published by Springer Nature. This book was released on 2022-03-28 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the latest microeconomic concepts and operations research (OR) techniques needed to comprehend the design and operation of power markets, as well as the actions of their agents: producers, consumers, operators, and regulators. This is critical when it comes to addressing a constantly evolving power system environment that incorporates an increasing number of no-marginal-cost renewable sources, increasingly competitive storage facilities, increasingly responsive demands, and widespread communication channels that allow distributed decision-making. Such evolving environments call for a re-examination of the microeconomic concepts and OR techniques required by graduate students and practitioners in the electric energy field. This accessible, tutorial-style book features numerous illustrative examples to help readers grasp the economic concepts and OR procedures used by power market professionals. The authors explian these concepts and procedures and present a vision of a renewable-dominated marketplace. Each chapter also includes exercises.

Current Issues in Public Utilities and Public Policy

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Author : Fumitoshi Mizutani
Publisher : Springer Nature
ISBN 13 : 9811974896
Total Pages : 358 pages
Book Rating : 4.8/5 (119 download)

Book Synopsis Current Issues in Public Utilities and Public Policy by : Fumitoshi Mizutani

Download or read book Current Issues in Public Utilities and Public Policy written by Fumitoshi Mizutani and published by Springer Nature. This book was released on 2023-01-25 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is novel in that it reveals significant issues of economics, management and business fields currently observed in network industries such as public utilities and transportation, and provides empirical evidence of their mechanisms and policy implications from various perspectives. This is a holistic collection of literature on public utilities economics and management, since the industries discussed include a wide range such as electricity, water supply, sewerage, transport, and postal service, which compound social infrastructure as public benefit service, and the issues examined contain not only economics topics such as cost, efficiency, and productivity, but also management topics such as governance, strategy and organizational restructuring. The book also investigates general private companies to derive future implications for policy and governance of public utilities, and covers multiple countries such as Japan, the US, and Vietnam. It demonstrates various empirical approaches and methodologies for public utility analysis through 17 chapters by experts in each field, which contributes to further cultivation of empirical studies in public utilities.

Smart Grid Applications and Developments

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Author : Daphne Mah
Publisher : Springer
ISBN 13 : 1447162811
Total Pages : 343 pages
Book Rating : 4.4/5 (471 download)

Book Synopsis Smart Grid Applications and Developments by : Daphne Mah

Download or read book Smart Grid Applications and Developments written by Daphne Mah and published by Springer. This book was released on 2014-07-25 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meeting today’s energy and climate challenges require not only technological advancement but also a good understanding of stakeholders’ perceptions, political sensitivity, well-informed policy analyses and innovative interdisciplinary solutions. This book will fill this gap. This is an interdisciplinary informative book to provide a holistic and integrated understanding of the technology-stakeholder-policy interactions of smart grid technologies. The unique features of the book include the following: (a) interdisciplinary approach – by bringing in the policy dimensions to smart grid technologies; (b) global and Asian perspective and (c) learning from national case studies. This book is organised into five sections. Part 1 discusses the historical and conceptual aspects of smart grids. Part 2 introduces the technological aspects and showcase the state of the art of the technologies. Part 3 explores the policy and governance dimensions by bringing in a stakeholder perspective. Part 4 presents a collection of national case studies. Part 5 shares insights and lesson learnt and provide policy recommendations. This book showcases the state-of-the-art R&D developments and policy experiences. This book contributes to a better understanding of governance institution and policy challenges and helps formulate policy recommendations for successful smart grid deployment.

Economics of the Environment

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Author : Robert N. Stavins
Publisher : Edward Elgar Publishing
ISBN 13 : 1788972066
Total Pages : 712 pages
Book Rating : 4.7/5 (889 download)

Book Synopsis Economics of the Environment by : Robert N. Stavins

Download or read book Economics of the Environment written by Robert N. Stavins and published by Edward Elgar Publishing. This book was released on 2019 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of the Environment, Seventh Edition is a compendium of the best, most timely articles by a dream team of environmental economists, together with an original introductory chapter by the editor. Now in its seventh edition, Economics of the Environment serves as a valuable supplement to environmental economics text books and as a stand-alone reference book of key, up-to-date readings from the field. Edited by Robert N. Stavins, the book covers the core areas of environmental economics courses as taught around the world; and the included authors are the top scholars in the field. Overall, more than half of the chapters are new to this edition while the rest have remained seminal works.

Smart Grid

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Author : Fereidoon Perry Sioshansi
Publisher : Academic Press
ISBN 13 : 0123864526
Total Pages : 569 pages
Book Rating : 4.1/5 (238 download)

Book Synopsis Smart Grid by : Fereidoon Perry Sioshansi

Download or read book Smart Grid written by Fereidoon Perry Sioshansi and published by Academic Press. This book was released on 2011-10-27 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation of a flexible, efficient, digitized, dependable and resilient power grid may well be the best route to increasing energy efficiency & security, as well as boosting the potential of renewable & distributed power sources. However, there is still much confusion about the nature of the Smart Grid: What is it? What work needs to be accomplished in order to make it a reality? How will it benefit the drive to diversify energy resources? This book covers Smart Grids from A-Z, providing a complete treatment of the topic, covering both policy and technology, explaining the most recent innovations supporting its development, and clarifying how the Smart Grid can support the integration of Renewable Energy resources. Among the most important topics included are smart metering, renewable energy storage, plug-in hybrids, flexible demand response, strategies for offsetting intermittency issues, micro-grids for off-grid communities, and specific in-depth coverage of wind and solar power integration. The content draws lessons from an international panel of contributors, whose diverse experiences implementing smart grids will help to provide templates for success. If we intend to undertake a meaningful overhaul of the way the world uses energy resources, we ignore grid management issues at our peril. Ultimately, this important book examines what the integration challenges are, what technology and policy needs to be in place in order to support uptake, and what The Smart Grid can do to enable solutions. Provides critical information on the technological, design and policy issues that must be taken into account to ensure that the smart grid is implemented successfully Demonstrates how smart grids can help utilities adhere to increased renewable portfolio standards Provides examples of successful microgrid/smart metering projects from around the world that can act as templates for developers, operators and investors embarking upon similar projects.

Dynamic Pricing

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Author : Mark Stenius Roberts
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (769 download)

Book Synopsis Dynamic Pricing by : Mark Stenius Roberts

Download or read book Dynamic Pricing written by Mark Stenius Roberts and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Research Abstracts

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Author :
Publisher :
ISBN 13 :
Total Pages : 548 pages
Book Rating : 4.3/5 (129 download)

Book Synopsis Energy Research Abstracts by :

Download or read book Energy Research Abstracts written by and published by . This book was released on 1978 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Quarterly Review of Economics and Finance

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Author :
Publisher :
ISBN 13 :
Total Pages : 374 pages
Book Rating : 4.3/5 (126 download)

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Download or read book The Quarterly Review of Economics and Finance written by and published by . This book was released on 2001 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agrindex

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Author :
Publisher :
ISBN 13 :
Total Pages : 1052 pages
Book Rating : 4.E/5 ( download)

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Download or read book Agrindex written by and published by . This book was released on 1995 with total page 1052 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Selected Water Resources Abstracts

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Author :
Publisher :
ISBN 13 :
Total Pages : 898 pages
Book Rating : 4.3/5 (91 download)

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Download or read book Selected Water Resources Abstracts written by and published by . This book was released on 1991 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Northeastern Journal of Agricultural and Resource Economics

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Author :
Publisher :
ISBN 13 :
Total Pages : 656 pages
Book Rating : 4.E/5 ( download)

Book Synopsis Northeastern Journal of Agricultural and Resource Economics by :

Download or read book Northeastern Journal of Agricultural and Resource Economics written by and published by . This book was released on 1989 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Resilience in Energy, Infrastructure, and Natural Resources Law

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Author : Catherine Banet
Publisher : Oxford University Press
ISBN 13 : 0192864572
Total Pages : 401 pages
Book Rating : 4.1/5 (928 download)

Book Synopsis Resilience in Energy, Infrastructure, and Natural Resources Law by : Catherine Banet

Download or read book Resilience in Energy, Infrastructure, and Natural Resources Law written by Catherine Banet and published by Oxford University Press. This book was released on 2022-03-11 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The number of severe and sometimes catastrophic disruptive events has been rapidly increasing. Extreme weather events including floods, wildfires, hurricanes, and other natural disasters have become both more frequent and more severe, whilst events such as the COVID-19 pandemic represent a global threat to public health with huge economic effects that recovery packages tried to address. These disruptive events, alone and in combination, have dramatic consequences on nature, human life, and the economy, calling for urgent action to mitigate their causes and adapt to their impacts. In response to discourses of collapsology and end-of-growth theories, this monograph offers an analytical approach to developing legal responses that can help ensure the needs of present and future generations can be met through energy systems, infrastructure development, and natural resources management in these times of disruption. 'Resilience' is, therefore, seen as a common framework for the interpretation and development of energy, infrastructure, and natural resources law. With a mix of thematic chapters and case studies from multiple jurisdictions, Resilience in Energy, Infrastructure, and Natural Resources Law maps and assesses legal responses to disruptive nature-based events, and examines possible legal pathways for more sustainable outcomes, based on its engagement with this concept of 'resilience' and social-ecological thinking.

Index Medicus

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Author :
Publisher :
ISBN 13 :
Total Pages : 2004 pages
Book Rating : 4.:/5 (319 download)

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Download or read book Index Medicus written by and published by . This book was released on 2003 with total page 2004 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. for 1963- include as pt. 2 of the Jan. issue: Medical subject headings.

Resources in Education

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Author :
Publisher :
ISBN 13 :
Total Pages : 1222 pages
Book Rating : 4.U/5 (183 download)

Book Synopsis Resources in Education by :

Download or read book Resources in Education written by and published by . This book was released on 1989 with total page 1222 pages. Available in PDF, EPUB and Kindle. Book excerpt:

General Technical Report RM.

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Author :
Publisher :
ISBN 13 :
Total Pages : 416 pages
Book Rating : 4.3/5 (91 download)

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Download or read book General Technical Report RM. written by and published by . This book was released on 1993 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Abstracts for Policy Analysis

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Author :
Publisher :
ISBN 13 :
Total Pages : 436 pages
Book Rating : 4.3/5 (129 download)

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Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1988 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: