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information on residential electricity consumption in Northern Ireland. Starting in April 2002, the utility replaced prepayment … information is associated with a decline in electricity consumption of 11–17%. We find that the reduction is robust to different …
Persistent link: https://www.econbiz.de/10010616833
This paper assesses to what extent consumers are willing to make use of the features and capabilities offered by smart meters. Via a choice experiment households are offered the choice between a set of smart meters, described by six attributes: impact on the comfort and privacy level,...
Persistent link: https://www.econbiz.de/10010939447
A methodology is developed which allows us to measure the responsibility of the productive structure of an economic system with respect to the consumption and generation of electricity within an input–output framework. We propose a technical indicator of technology responsibility in...
Persistent link: https://www.econbiz.de/10011039648
This paper develops an econometric forecasting system of energy demand coupled with engineering–economic models of energy supply. The framework is used to quantify the energy and environmental impacts of renewable and natural gas based electricity power generation in California, considering...
Persistent link: https://www.econbiz.de/10011100099
The sharp increase in energy prices and growing concern for environmental issues, among other things, are behind the renewed interest in energy demand estimation. However, there is scarce academic literature that takes real situation of energy suppliers into account: high quality but incomplete...
Persistent link: https://www.econbiz.de/10011039658
It is widely accepted that long-run elasticities of demand for electricity are not stable over time. We model long-run sectoral electricity demand using a time-varying cointegrating vector. Specifically, the coefficient on income (residential sector) or output (commercial and industrial sectors)...
Persistent link: https://www.econbiz.de/10011115900
Modelling price formation in electricity markets is a notoriously difficult process, due to physical constraints on electricity generation and transmission, and the potential for market power. This difficulty has inspired the recent development of bottom-up agent-based algorithmic learning...
Persistent link: https://www.econbiz.de/10010939449
In order to limit global mean temperature increase, long-term greenhouse gas emissions need to be reduced. This paper discusses the implications of greenhouse gas emission reductions for major Asian regions (China, India, Indonesia, South-East Asia, Japan and Korea) based on results from the...
Persistent link: https://www.econbiz.de/10010602892
This research tests the impact of changes in fuel price to explain fuel use by electric utilities. We employ a three-stage least squares model that explains changes in fuel use as a function of changes in three fuel prices. This model is repeated across sub-samples of data aggregated at the...
Persistent link: https://www.econbiz.de/10011115874
Policies, markets, and technologies interact to create the modern electrical system. Integrating large amounts of electricity generated by variable renewable resources, such as from wind and sunlight, into electricity systems may require energy storage technologies to synchronize electricity...
Persistent link: https://www.econbiz.de/10011115877