While the price of elasticity is higher in the North-Eastern United States than in the Quebec industrial market, the Quebec government is maintaining its traditional policy of promoting the establishment of electricity-intensive industries by providing them with electricity at a price below the...

Although the increase in future demand for electricity is expected to be smaller than that in recent years, Hydro-Quebec has undertaken to develop certain projects in anticipation of the expected future demand. Among these projects is the Great Whale project. Environmental concerns, the presence...

This paper considers finite sample motivated inference methods in dynamic energy demand models, in which case commonly used econometric methods remain asymptotic. We focus on structural stability, and on exact confidence set estimation of elasticities. We account for intractable and nuisance...

Once a hydroelectric power site is operational, its production is constrained both by the available hydraulic energy that drives the turbines and by the installed capacity that limits the pace at which hydraulic energy can be turned into electricity. Different costs are associated with these two...

A public-choice model is presented in order to explain the fact that publicly owned electricity utilities rarely price at marginal cost in practice. It is shown that if (1) government revenues are raised through proportional taxes, (2) median income is less than mean income, and (3) the share of...

Empirical research on oil price dynamics for modeling and forecasting purposes has brought forth several unsettled issues. Indeed, statistical support is claimed for various models of price paths, yet many of the competing models differ importantly with respect to their fundamental temporal...

L'évolution de la consommation d'énergie entre deux périodes peut être décomposée de manière à souligner les rôles joués par le niveau d'activité économique, le changement structurel à l'intérieur du secteur étudié, les conditions climatiques et l'efficacité énergétique. Nous...