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taken into account, biased estimates of demand result. Researchers however often lack exact information on temporal … improves predictions of individual choice and the aggregate demand estimates for local charging facilities …
Persistent link: https://www.econbiz.de/10012826114
increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power …
Persistent link: https://www.econbiz.de/10012098215
System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …
Persistent link: https://www.econbiz.de/10011517142
In this paper, we explore subsistence levels and price elasticities for residential electricity demand in Sweden. Using … a Stone-Geary functional form and unique Swedish data on residential electricity usage, we estimate demand Equations for … peak and off-peak demand. We find that the subsistence levels are larger during peak than off-peak, and that there is a …
Persistent link: https://www.econbiz.de/10012916950
This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …
Persistent link: https://www.econbiz.de/10013251547
unconventional, puzzling or erroneous conclusions. Finally, we discuss the construction of extraneous measures of oil demand and oil …
Persistent link: https://www.econbiz.de/10012230527
The purchase of multifuel vehicles (MFVs) has been incentivized by policies across the globe. Such vehicles are able to operate on more than one source of energy, so they introduce fuel (or energy) choice as one additional dimension consumers decide about. As fuels differ in terms of carbon...
Persistent link: https://www.econbiz.de/10014258640
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10008696672
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10008655545
This paper applies real options theory to establish an overseas oil investment evaluation model that is based on Monte Carlo simulation and is solved by the Least Squares Monte-Carlo method. To better reflect the reality of overseas oil investment, our model has incorporated not only the...
Persistent link: https://www.econbiz.de/10009379748