This Selected Issues paper discusses the economics of energy price reform in the Islamic Republic of Iran. Economic policies in Iran have traditionally relied on the abundant availability of energy at a low price to finance the country’s economic development. Low domestic energy prices...

The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy and makes sensitivity analysis an essential tool for electricity power planning. The fuel price volatility and the emissions trading schemes represent major sources of...

The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy and makes sensitivity analysis an essential tool for electricity power planning. The fuel price volatility and the emissions trading schemes represent major sources of...

Electricity generation is a vital element of economic growth, and it is necessary to encourage a growth model that does not endanger the capacity of a country to generate electricity. Generating electricity entails costs. This cost is not only economical but can also be, for example,...

To power national development, the government organized electricity production and distribution as a state-owned vertically integrated utility, structured and operated under central planning. Electricity was supplied on the basis of political priority instead of cost, and the single party...

Alfalfa-growing areas of the Western United States are often small and widely scattered. Different climatic conditions prevail in different areas. Being able to identify the growing areas and to define those with similar climatic conditions will greatly assist extension and industry workers in...

This paper addresses the economics of forest fuel thinning programs on federal lands in the U.S. West, and presents a model of regional timber and product market impacts. The issue of economics is vital to the debate about fire management, and this paper presents market implications of two...

We describe a two-stage model of global log and chip markets that evaluates the spatial and temporal economic effects of government-subsidized fire-related mechanical fuel treatment programs in the U.S. West and South. The first stage is a goal program that allocates subsidies according to fire...

Official seasonal water supply outlooks for the western United States are typically produced once per month from January through June. The Natural Resources Conservation Service has developed a new outlook product that allows the automated production and delivery of this type of forecast...