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Welfare Econometrics Of Peak Load Pricing For Electricity
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Book Synopsis Welfare: Aggregate consumer behavior by : Dale Weldeau Jorgenson
Download or read book Welfare: Aggregate consumer behavior written by Dale Weldeau Jorgenson and published by MIT Press. This book was released on 1997 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of two volumes of Dale Jorgenson's empirical studies of consumer behaviour. It focuses on an econometric model of demand obtained by aggregating over a population of consumers with heterogeneous preferences.
Book Synopsis Dynamic Econometrics by : David F. Hendry
Download or read book Dynamic Econometrics written by David F. Hendry and published by . This book was released on 1995 with total page 918 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main problem in econometric modelling of time series is discovering sustainable and interpretable relationships between observed economic variables. The primary aim of this book is to develop an operational econometric approach which allows constructive modelling. Professor Hendry deals with methodological issues (model discovery, data mining, and progressive research strategies); with major tools for modelling (recursive methods, encompassing, super exogeneity, invariance tests); and with practical problems (collinearity, heteroscedasticity, and measurement errors). He also includes an extensive study of US money demand. The book is self-contained, with the technical background covered in appendices. It is thus suitable for first year graduate students, and includes solved examples and exercises to facilitate its use in teaching. About the Series Advanced Texts in Econometrics is a distinguished and rapidly expanding series in which leading econometricians assess recent developments in such areas as stochastic probability, panel and time series data analysis, modeling, and cointegration. In both hardback and affordable paperback, each volume explains the nature and applicability of a topic in greater depth than possible in introductory textbooks or single journal articles. Each definitive work is formatted to be as accessible and convenient for those who are not familiar with the detailed primary literature.
Book Synopsis Spot Pricing of Electricity by : Fred C. Schweppe
Download or read book Spot Pricing of Electricity written by Fred C. Schweppe and published by Springer Science & Business Media. This book was released on 2013-03-07 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.
Book Synopsis Elements of the Swiss Market for Electricity by : Massimo Filippini
Download or read book Elements of the Swiss Market for Electricity written by Massimo Filippini and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.1 Economic issues to be analyzed This research examines two elements of the Swiss market for electricity: the residential electricity demand by time-of-use and the cost structure of municipal electricity distribution utilities. The empirical results of demand and cost elasticities allow the investigation of interesting economic and policy issues such as the desirability of a widespread introduction of time-of-use pricing for residential customers, the desirability of side-by-side competition in the distribution of electricity and, more generally, the economic effects of a reduction of the load factor and of mergers between electric distribution utilities on costs. Desirability of time-of-use pricing In the last decade there has been an intensifying debate in Switzerland about efficacy of electricity rate reforms in order to improve the efficiency of electricity use. This debate was initiated by two main events. First, there was an important growth of electricity consumption. Second, the Chernobyl accident in 1986 aroused widespread public concern about the problems associated with nuclear power and waste disposal. As a result, in 1991 the Swiss voted, in a referendum, a lO-year moratorium on the 2 construction of new nuclear power plants. Moreover, plans to expand production of hydroelectric power (construction of new dams or expanding existing ones) have been stiffly opposed by environmental groups. These developments have consistently curtailed potential expansion of domestic electricity supply. As a result, Switzerland during the winter has to import electricity from foreign countries.
Book Synopsis Regulating Utilities in an Era of Deregulation by : Michael A. Crew
Download or read book Regulating Utilities in an Era of Deregulation written by Michael A. Crew and published by Springer. This book was released on 1987-06-18 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Welfare Impact of Rural Electrification by :
Download or read book The Welfare Impact of Rural Electrification written by and published by World Bank Publications. This book was released on 2008-01-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rural electrification can have many benefits-not only bringing lighting, but improving the quality of health care, spreading information and supporting productive enterprises. The extent of these benefits has been questioned, arguing that they may be insufficient to justify the investment costs. This book quantifies these benefits. It finds that the benefits can indeed be high, substantially outweighing the costs, and that consumer willingness to pay is generally sufficient to achieve financial sustainability. However, benefits could be increased further by providing smart subsidies to assist connections for poorer households, promote productive uses and further consumer education.
Book Synopsis Journal of Regulatory Economics by :
Download or read book Journal of Regulatory Economics written by and published by . This book was released on 2001 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Stochastic Energy Demand and the Stabilization Value of Energy Storage by : Yacov Tsur
Download or read book Stochastic Energy Demand and the Stabilization Value of Energy Storage written by Yacov Tsur and published by . This book was released on 1993 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dynamic Modelling and Control of National Economies, 1986 by : Béla Martos
Download or read book Dynamic Modelling and Control of National Economies, 1986 written by Béla Martos and published by Pergamon. This book was released on 1987 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: This IFAC symposium considers the modelling, analysis and control of various economic and socio-economic systems. The volume is divided into three sections covering: economic theory; macroeconomic policymaking - national, sectoral and regional models; mathematical, algorithmical and computational methods of modelling, giving a clear and concise view of the use of computer systems in the world of economics.
Book Synopsis Applied Consumption Analysis by : L. Phlips
Download or read book Applied Consumption Analysis written by L. Phlips and published by Elsevier. This book was released on 2014-07-14 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent techniques, highlighting the main steps in the historical evolution of the subject. The first part presents a brief discussion of duality and flexible forms, and in particular of Deaton and Muellbauer's ``almost ideal demand system''. Part two includes the author's work on true wage indexes, and on intertemporal utility maximization.
Book Synopsis Analysis of Customer Response to Electricity Rate Structures which Create an Endogenous Electricty Price by : Kathleen Anne Kuester
Download or read book Analysis of Customer Response to Electricity Rate Structures which Create an Endogenous Electricty Price written by Kathleen Anne Kuester and published by . This book was released on 1986 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Economic Literature written by and published by . This book was released on 2000 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Energy Journal written by and published by . This book was released on 2004 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Nonlinear Programming by : Anthony V. Fiacco
Download or read book Nonlinear Programming written by Anthony V. Fiacco and published by SIAM. This book was released on 1990-01-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent interest in interior point methods generated by Karmarkar's Projective Scaling Algorithm has created a new demand for this book because the methods that have followed from Karmarkar's bear a close resemblance to those described. There is no other source for the theoretical background of the logarithmic barrier function and other classical penalty functions. Analyzes in detail the "central" or "dual" trajectory used by modern path following and primal/dual methods for convex and general linear programming. As researchers begin to extend these methods to convex and general nonlinear programming problems, this book will become indispensable to them.
Book Synopsis Energy Abstracts for Policy Analysis by :
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1988 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Econometrics written by and published by . This book was released on 1997 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Bayesian Analysis in Statistics and Econometrics by : Donald A. Berry
Download or read book Bayesian Analysis in Statistics and Econometrics written by Donald A. Berry and published by John Wiley & Sons. This book was released on 1996 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a definitive work that captures the current state of knowledge of Bayesian Analysis in Statistics and Econometrics and attempts to move it forward. It covers such topics as foundations, forecasting inferential matters, regression, computation and applications.