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We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We … of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas …
Persistent link: https://www.econbiz.de/10008780238
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We … of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas …
Persistent link: https://www.econbiz.de/10013038295
-run price elasticities of state-level electricity demand in the United States. Our sample covers the period 2003-2015. We …-level electricity demand is very price inelastic in the short run, with a same-year elasticity of -0.1. The long-run elasticity is near … demand. This appears to in part be due to electricity-intensive industrial activities clustering in low-price states …
Persistent link: https://www.econbiz.de/10012950063
second largest consumer of energy, with increased energy consumption in the previous half-century. To curb energy demand, it … will yield a higher response to a price change. We suggest that price policies aimed at reducing energy demand should …
Persistent link: https://www.econbiz.de/10014232602
renewable energy (RE) production and reducing energy demand through energy efficiency (EE) investments. We find that although …
Persistent link: https://www.econbiz.de/10009419715
strives to decrease reliance on imported oil and coal, while attempting to meet growing energy demand and maintain a certain …
Persistent link: https://www.econbiz.de/10010203405
President Bush declared America “addicted to oil” in his fifth State of the Union address, uttering what is now a common refrain used to urge the development of alternative fuel sources. Before progress can be made to modernize the U.S. fuel mix, though, it is important to consider how and...
Persistent link: https://www.econbiz.de/10013064386
State governments have taken the lead on U.S. energy and climate policy. It is not yet clear, however, whether state energy policy portfolios can generate results in a similar magnitude or manner to their presumed carbon mitigation potential. This article seeks to address this lack of policy...
Persistent link: https://www.econbiz.de/10013067642
For decades, Arctic Alaska has provided US mainland states with plentiful oil supplies. As reserves in the Prudhoe Bay fields decrease, however, the USA has been forced to consider new options to guarantee the nation's energy security. While debates continue to rage about its reliance on foreign...
Persistent link: https://www.econbiz.de/10013023696
The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...
Persistent link: https://www.econbiz.de/10013238141