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The Hudson-Jorgenson Energy/Economic Model - formally known as the Long Term Interindustry Transactions Model (LITM) - is an econometric model of the structure of the US economy. LITM integrates two separate models into one integrated system. These models are the Macroeconomic Model, a growth...
Persistent link: https://www.econbiz.de/10009435835
For the past three years (1989, 1990, and 1991), all US electric utilities that sell more than 120 GWh/year have been required to report to the Energy Information Administration data on their demand-side management (DSM) programs. These data provide a rich and uniquely comprehensive picture of...
Persistent link: https://www.econbiz.de/10009435749
As utilities investigate ways to implement demand-side management (DSM) programs, the differences between customer and utility economic perspectives can play an important role in assessing the economic benefits of the programs. Because utilities directly bear the cost of new energy sources,...
Persistent link: https://www.econbiz.de/10009435752
implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the categorical dismissal … consumer decision-making. We also scrutinize Sutherland's attempt to apply finance theory to rationalize high implicit discount … rates observed in energy-related choices, and find this use of finance theory to be inappropriate. …
Persistent link: https://www.econbiz.de/10009435880
In this paper, we present key findings from a Database on Energy Efficiency Programs (DEEP) report on commercial lighting programs. In the DEEP report, which is the first in a series, we examine the measured performance of 20 utility-sponsored, demand-side management (DSM), lighting efficiency...
Persistent link: https://www.econbiz.de/10009436050
the policy implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the … energy demand and consumer decision-making. We also scrutinize Sutherland`s attempt to apply finance theory to rationalize … high implicit discount rates observed in energy-related choices, and find this use of finance theory to be inappropriate. …
Persistent link: https://www.econbiz.de/10009436149
The only way resources can be efficiently allocated in our market system is if prices of resources, goods, and services properly reflect their true value to society. However, because of (a) imperfections in the pricing mechanisms that currently influence private-sector decision making; (b) the...
Persistent link: https://www.econbiz.de/10009436739
The US Electric Utility Demand-Side Management report presents comprehensive information on electric power industry demand-side management (DSM) activities in the US at the national, regional, and utility levels. The objective of the publication is to provide industry decision makers, government...
Persistent link: https://www.econbiz.de/10009436908
For some time industry has recognized the importance of both energy efficiency/waste reduction (ee/wr) and quality/manufacturing improvement. However, industry has not particularly recognized that manufacturing efficiency is, in part, the result of a more efficient use of energy. For that...
Persistent link: https://www.econbiz.de/10009437217
Federal agencies have had performance contracting authority since 1985, when Congress first authorized agencies to enter into shared energy savings agreements with Public Law 99-272, the Consolidated Omnibus Budget Reconciliation Act. By the end of FY 2001, agencies had used energy savings...
Persistent link: https://www.econbiz.de/10009437245