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Book Interfuel Substitution

Download or read book Interfuel Substitution written by Apostolos Serletis and published by World Scientific. This book was released on 2012-02-29 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interfuel substitution is an issue that is — and will likely remain — an important topic of inquiry for many years, as governments around the world seek to set policies that are intended to restrain carbon emissions or steer economies toward or away from certain fuels. This book contributes to this issue by estimating short- and long-term interfuel substitution elasticities, at the aggregate and sector levels, through the use of the latest advances in microeconometrics as well as recent international data for a number of OECD and non-OECD countries.

Book On Interfuel Substitution

Download or read book On Interfuel Substitution written by Apostolos Serletis and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Interfuel Substitution in the Consumption of Energy in the United States  Part I  Residential and Commercial Sector

Download or read book Interfuel Substitution in the Consumption of Energy in the United States Part I Residential and Commercial Sector written by Massachusetts Institute of Technology. Energy Laboratory and published by . This book was released on 1974 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Measuring the Possibilities of Interfuel Substitution

Download or read book Measuring the Possibilities of Interfuel Substitution written by and published by World Bank Publications. This book was released on with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Interfuel Substitution on Steam electric Power Generation

Download or read book Interfuel Substitution on Steam electric Power Generation written by Scott E. Atkinson and published by . This book was released on 1975 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Interfuel Substitution in the Consumption of Energy in the United States

Download or read book Interfuel Substitution in the Consumption of Energy in the United States written by Martin L. Baughman and published by . This book was released on 1974 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Interfuel Substitution and Changes in the Way Households Use Energy

Download or read book Interfuel Substitution and Changes in the Way Households Use Energy written by Kevin Broderick Fitzgerald and published by . This book was released on 1990 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Century of Interfuel Substitution

Download or read book A Century of Interfuel Substitution written by A K M Nurul Hossain and published by . This book was released on 2017 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the demand for energy and the degree of substitutability among fossil fuels in the United States using the Normalized Quadratic (NQ) expenditure function and (to our knowledge) the longest span prices and quantities that have ever been studied before, from 1919 to 2012. In doing so, we merge the empirical energy demand systems literature with the recent financial econometrics literature, relaxing the homoskedasticity assumption and instead assuming that the covariance matrix of the errors of the flexible demand system is time-varying. We generate inference, in terms of a full set of elasticities, consistent with neoclassical microeconomic theory and the data generating process. Our results are in line with earlier findings in the literature based on shorter duration samples and different methodologies. They have important implications for climate policy intervention designed to reduce greenhouse gas emissions. We show that there is a small but statistically significant substitution possibility between crude oil and natural gas, but not between crude oil and coal. We also provide evidence that natural gas is a substitute for coal when the price of coal changes, but coal is not a substitute for natural gas when the price of natural gas changes.

Book Interfuel Substitution and the Industrial Demand for Energy  an International Comparison

Download or read book Interfuel Substitution and the Industrial Demand for Energy an International Comparison written by Massachusetts Institute of Technology. Energy Laboratory and published by . This book was released on 1977 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Interfuel Substitution

    Book Details:
  • Author : David I. Stern
  • Publisher :
  • Release : 2012
  • ISBN :
  • Pages : 0 pages

Download or read book Interfuel Substitution written by David I. Stern and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract This paper provides the first meta-analysis of the interfuel substitutability literature. The sample includes 47 studies of interfuel substitution in the industrial sector, in manufacturing industry or manufacturing sub-industries, or in the macro-economy of a variety of developed and developing countries. Meta-regressions are estimated for the six shadow elasticities of substitution between coal, oil, gas and electricity. I find that at the level of the industrial sector as a whole the oil-coal, oil-gas, oil-electricity and gas-electricity shadow elasticities of substitution are significantly greater than unity. The remaining elasticities - between coal and gas and coal and electricity - are insignificantly different from unity or zero due to their large standard errors. Substitution possibilities seem more constrained at the macro level and less constrained at lower levels of aggregation. Estimates of the elasticities of substitution from cross-section regressions are generally largest whereas fixed effects panel estimates are intermediate in magnitude, and time-series estimates are mostly much smaller. In order to obtain more precise and less biased estimates of long-run elasticities of substitution, there is a need for additional primary studies using large samples and/or the between estimator which econometric research suggests is likely to provide the best estimates of long-run elasticities.

Book Interfuel Substitution

Download or read book Interfuel Substitution written by Apostolos Serletis and published by World Scientific. This book was released on 2012 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interfuel substitution is an issue that is -- and will likely remain -- an important topic of inquiry for many years, as governments around the world seek to set policies that are intended to restrain carbon emissions or steer economies toward or away from certain fuels. This book contributes to this issue by estimating short- and long-term interfuel substitution elasticities, at the aggregate and sector levels, through the use of the latest advances in microeconometrics as well as recent international data for a number of OECD and non-OECD countries.

Book Interfuel Substitution in Minnesota Industries

Download or read book Interfuel Substitution in Minnesota Industries written by Ernesto C. Venegas and published by . This book was released on 1977 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Short run Interfuel Substitution in West European Power Generation

Download or read book Short run Interfuel Substitution in West European Power Generation written by Patrik Söderholm and published by . This book was released on 1999 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes short-run interfuel substitution between fossil fuels in West European power generation. The problem is studied within a restricted translog cost model, which is estimated by pooling time-series data across eight countries in West Europe. The empirical results indicate that interfuel substitution in existing power plants is substantial, especially that between oil and gas. This is consistent with the notion that short-run fuel substitution primarily occurs in multi-fuel fired plants, by switching load between different single-fuel fired plants, or by some conversions of electric plants to be able to burn alternate fuels as well.