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programs that affect energy supply and demand. I briefly discuss the distributional and incentive impacts of many of these …On Aug. 8, 2005, President Bush signed the Energy Policy Act of 2005 (PL 109-58). This was the first major piece of … energy legislation enacted since 1992 following five years of Congressional efforts to pass energy legislation. Among other …
Persistent link: https://www.econbiz.de/10012466094
fraction of the energy charge and the identity of the half-hour periods when demand charges occur are only known with certainty …This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These …
Persistent link: https://www.econbiz.de/10012470511
events during California's energy crisis in 2000-01. The analysis uses a five-year panel of disaggregate billing and weather … assumptions regarding a consumer's knowledge of energy prices. We find that after a rapid price increase in summer 2000 …-crisis levels after a price cap was imposed. Under the price cap public appeals for energy conservation and a remunerative voluntary …
Persistent link: https://www.econbiz.de/10012468706
China and India. Most projections show energy demand growing as much or more in absolute terms to 2040 than previous multi …This paper assesses trends in the global energy sector through 2040 by harmonizing multiple projections issued by … private, government, and inter-governmental organizations based on methods from "Global Energy Outlooks Comparison: Methods …
Persistent link: https://www.econbiz.de/10012456599
Addressing climate change requires transitioning away from coal-based energy. Recent structural change models …
Persistent link: https://www.econbiz.de/10012456143
Energy security is the ability of households, businesses, and government to accommodate disruptions in supply in energy … markets. This survey considers the economic dimensions of energy security, political and other non-economic security concerns … and discusses policy approaches that could enhance U.S. energy security. A number of points emerge. First, energy security …
Persistent link: https://www.econbiz.de/10012458934
consumers respond to price changes. Several interrelated problems complicate demand analyses of these markets, including … household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …
Persistent link: https://www.econbiz.de/10012470028
Economic theory suggests that demand is more elastic in the long run relative to the short run, but evidence on the … empirical relevance of this phenomenon is scarce. We study the dynamics of residential electricity demand by exploiting price … energy policy …
Persistent link: https://www.econbiz.de/10012455198
We study a prominent energy regulation affecting large Chinese manufacturers that are part of broader conglomerates … shifted production to unregulated firms in the same conglomerate instead of improving their energy efficiency. Conglomerate … spillovers account for 40% of the output loss of regulated firms and substantially reduce aggregate energy savings. Using a …
Persistent link: https://www.econbiz.de/10012599356
We study a problem in which policymakers need to screen self-selected individuals by unobserved heterogeneity in social welfare gains from a policy intervention. In our framework, the marginal treatment effects and marginal treatment responses arise as key statistics to characterize social...
Persistent link: https://www.econbiz.de/10012482629