Showing 1 - 10 of 111
Iran is an energy-rich country and one of the world's main oil-exporters, but its own rapid energy consumption in recent years has raised concerns about the ability of the country to continue exporting oil in the future. Economic growth, massive energy subsidies, and mismanagement of the energy...
Persistent link: https://www.econbiz.de/10013075219
Information provision is a key element of government energy-efficiency policy, but the information that is provided is often too coarse to allow consumers to make efficient decisions. An important example is the ubiquitous yellow “EnergyGuide” label, which is required by law to be displayed...
Persistent link: https://www.econbiz.de/10013043356
Untapped improvements in energy efficiency in the residential sector may deliver large savings in energy use and the CO2 associated emissions. Yet empirical assessments have been difficult and controversial. We collect monthly natural gas meter readings from a sample of homes in Transcarpathia,...
Persistent link: https://www.econbiz.de/10014106711
Consumers often struggle to grasp complicated pricing plans, including increasing block rate (IBR) schemes, which have been used for decades by utilities in many parts of the world. The assumption that they encourage conservation has, however, recently been challenged (Ito, 2014). We take...
Persistent link: https://www.econbiz.de/10013311725
Resolving the resource adequacy problem has been usually entrusted to the imposition of some kind of long-term capacity requirements or to forward markets. The Operating Reserve Demand Curve (ORDC), which is linked to short-term market conditions and does not require central planning, has been...
Persistent link: https://www.econbiz.de/10012871186
Research on electricity futures markets has to date not explored the role that market liquidity may play in determining risk premia. Further, no detailed empirical examination of both liquidity and risk premia in the New Zealand electricity futures market are discernible. Using data from October...
Persistent link: https://www.econbiz.de/10012977446
This study analyses the roles that energy and other input prices play in reducing energy intensity of each of the 21 (according to the 4-digit code NAICS) manufacturing industries in Canada. A system of Generalized Leontief (GL) cost function and the derived factor intensity equations are...
Persistent link: https://www.econbiz.de/10012993041
I maximize present valued world GDP over the stockpile of petroleum used to contain price shocks administered by OPEC. Long run price elasticity of demand and non-OPEC supply exceed those in the short run, so OPEC profits from sudden, as opposed to gradual, increases in price. These shocks...
Persistent link: https://www.econbiz.de/10012706810
This study examines a field experiment in Texas that includes pricing and informational interventions to encourage energy conservation during summer peak load days when the social cost of generation is the highest. We estimate that our critical peak pricing intervention reduces electricity...
Persistent link: https://www.econbiz.de/10012104620
This paper uses a randomized field experiment to test how information provision leveraging social norms, salience, and …
Persistent link: https://www.econbiz.de/10012948936