EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Empirical Essays in the Residential Demand for Electricity

Download or read book Empirical Essays in the Residential Demand for Electricity written by James Marvin Walker and published by . This book was released on 1978 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Residential and Industrial Demand for Electricity

Download or read book Residential and Industrial Demand for Electricity written by John William Wilson and published by . This book was released on 1969 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Residential Demand for Electricity by Time of use

Download or read book Residential Demand for Electricity by Time of use written by Massimo Filippini and published by . This book was released on 1993 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book An Empirical Investigation of Residential Electricity Demand

Download or read book An Empirical Investigation of Residential Electricity Demand written by Douglas A. Houston and published by . This book was released on 1980 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Three Essays on Empirical Analysis of United States Electricity Markets

Download or read book Three Essays on Empirical Analysis of United States Electricity Markets written by Suman Gautam and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this Dissertation, three independent studies analyze the impact of recent changes in both supply and demand sides of the U.S. electricity sector. Below is a brief description of three essays. I. Coal Plant's Response to Renewable Portfolio StandardsRenewable Portfolio standards require load-serving entities to purchase a given percentage of their electricity sales from eligible renewable energy technologies. This study analyzes the impact of RPS on the coal utilization by coal plants of Pennsylvania, New Jersey, and Maryland (PJM) electricity market. We develop a panel dataset of 259 unique PJM coal-fired utility plants' integrating their fuel purchases with state-level RPS energy mandates, electricity prices, and fuel prices from 2001 to 2011, covering both pre-RPS and post-RPS era. Since selection of RPS policies may be non-random, we employ a two-step Heckit model to control for states' decision to adopt an RPS and choose yearly RPS levels. The results show that a percentage point increase in state's yearly energy target increases the average plant's coal purchase by 45 thousand tons. These results are approximately consistent across selection-corrected models. The analysis showing the positive impact of RPS yearly targets on PJM coal plants' coal purchases suggests a few things. There are fewer coal plants operating at the margin. Moreover, RPS yearly energy targets are fairly low at present; they are scheduled to increase considerably in coming years. Renewable Portfolio Standards may decrease the amount of fuel utilized by coal plants when RPS mandates increase in future. II. Residential Customers Response to Critical Peak Events of Electricity: Green Mountain Power ExperienceDemand response (DR) programs, usually through peak pricing and incentive-based approaches, can encourage customers to reduce or shift consumption during peak periods. This benefits utilities by lowering short-run generation costs and reducing the need for some long-run peak-driven investments. This paper analyzes the impact of Vermont's Green Mountain Power's (GMP) emergency DR programs on residential customers' electricity consumption during a two-year pilot study program in 2012--2013. The 3,735 single-home residents of Central Vermont area were separated into six treatment groups and two control groups resulting into 26 million hourly load observations during the period of the study. Our analysis shows that incentive-based demand response programs have statistically significant impacts on reducing peak load. Specifically, CPR rates reduced peak load usage 6% to 7.7% and CPP rates reduced peak load between 6.8% and 10.3% during critical peak events. Moreover, on average, IHD-equipped participants' monthly energy consumption was 2.0% to 5.3% lower than the monthly energy usage of non-IHD customers. However, none of the CP rate and IHD treatments induced a persistent response across multiple critical events and none of the treatment groups exhibited a consistent response to critical peak events. Based on our evaluation of GMP's DR programs during 2012 and 2013, neither critical peak pricing nor rebates are themselves sufficient to substitute for new capacity to meet resource adequacy requirements.III. Analysis of Load and Price patterns in the U.S. Electricity SectorThe study analyzes hourly electricity loads and marginal costs of electric entities with of extreme value theory (EVT), a concept widely used in the financial sector. For each year's hourly data of balancing authorities and utilities, we fit generalized extreme value (GEV) distribution and estimate the parameters of the distribution with an aim of comparing how these parameters have changed over time and market regions. We also account for the time dependencies, seasonalities, and near-time clustering present in the electricity markets -- both for electricity load and prices -- with the help of autoregressive conditional hetereskedastic models. The results show that the distributions of hourly load and lambda values are fat tailed. Hourly lambda values have more extreme values generating fatter tails than hourly electricity load. We also show that extreme tail quantiles estimated with the GEV parameters at different percentile levels are comparable with the percentiles of actual observations.

Book Residential Demand for Energy

Download or read book Residential Demand for Energy written by Sheila Nataraj Kirby and published by . This book was released on 1983 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Dynamics of Residential Electricity Demand

Download or read book The Dynamics of Residential Electricity Demand written by Kjell Vaage and published by . This book was released on 1993 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Energy Abstracts for Policy Analysis

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1986 with total page 1438 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Estimating the Residential Demand for Electricity

Download or read book Estimating the Residential Demand for Electricity written by Robin Emrich Logan and published by . This book was released on 1984 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Two Essays on Residential Electricity Demand

Download or read book Two Essays on Residential Electricity Demand written by Bo Andersson and published by . This book was released on 1993 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book American Doctoral Dissertations

Download or read book American Doctoral Dissertations written by and published by . This book was released on 1998 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Three Essays on the Efficiency and Equity of Energy Production and Consumption in the United States

Download or read book Three Essays on the Efficiency and Equity of Energy Production and Consumption in the United States written by Amanda Jean Harker Steele and published by . This book was released on 2019 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the turn of the century, the way energy is produced and consumed across the United States has changed substantially. The objective of this dissertation is to provide an overview of the economic efficiency and distributional equity implications of changing the way energy is both produced and consumed. This work is outlined in three separate essays. The first essay entitled, "Gone with The Wind: Understanding the Impact of Intermittent Renewable Resources on Power System Reliability Across the United States," investigates if increasing the capacity of electricity generated by intermittent renewable resources affects the ability of electric utility companies across the United States to provide a reliable supply of power to their customers. Results suggest as the capacity of electricity generated by intermittent renewable resources increases, customers can expect to experience longer power system outages. The second essay, entitled "Estimating and Comparing Empirical Measures of Household Energy Insecurity," examines the extent to which different classification procedures used for identifying energy insecure households provide an accurate representation of what it means to be energy insecure in the United States. In this essay we compare and contrast five different approaches used for measuring household energy insecurity and propose one of these as a unique, conceptually and empirically strong, and preferred measure. Across the different measures, we find between 9 to 22% of households living in the U.S. identify as energy insecure. The third essay entitled, "Examining the Theoretical and Empirical Relationships Between Household Energy Efficiency and Security," develops a theoretical model and empirical procedure for examining how investing in energy efficiency affects household energy insecurity. We use our preferred measure of energy insecurity developed in the second essay to test our hypothesis that investing in energy efficiency has a significant negative effect on a household self-identifying as being energy insecure. The results of this essay indicate investing in energy efficiency decreases the likelihood that a household will become more energy insecure. This dissertation concludes in the last chapter with a brief summary and general conclusions from this research.

Book Three Essays on Environmental and Development Economics

Download or read book Three Essays on Environmental and Development Economics written by Howard G. Chong and published by . This book was released on 2011 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation emcompasses three empirical studies in environmental and development economics. In Chapter 1, I study whether electricity use in newer or older residential buildings rises more in response to high temperature in a region of Southern California. Peak electricity demand occurs at the highest temperatures which are predicted to increase due to climate change. Understanding how newer buildings differ from older buildings improves forecasts of how peak electricity use will grow over time. Newer buildings are subject to stricter building energy codes, but are larger and more likely to have air conditioning; hence, the cumulative effect is ambiguous. This paper combines four large datasets of building and household characteristics, weather data, and utility data to estimate the electricity-temperature response of different building vintages. Estimation results show that new buildings (1970-2000) have a statistically significantly higher temperature response (i.e., use more electricity) than old buildings (pre-1970). Auxiliary regressions with controls for number of bedrooms, income, square footage, central air conditioning, ownership, and type of residential structure partially decompose the effect. Though California has had extensive energy efficiency building standards that by themselves would lower temperature response for new buildings, the cumulative effect of new buildings is an increase in temperature response. As new buildings are added, aggregate temperature response is predicted to increase. In Chapter 2, my co-authors and I investigate the effect of cap-and-trade regulation of CO2 on firm profits by performing an event study of a CO2 price crash in the EU market. We examine returns for 90 stocks from carbon intensive industries and 600 stocks in the broad EUROSTOXX index. Firms in carbon intensive, or electricity intensive industries, but not involved in international trade were most hurt by the event. This implies investors were focused on product price impacts, rather than compliance costs. We find evidence that firms' net allowance positions also strongly influenced the share price response to the decline in allowance prices. In Chapter 3, my co-authors and I measure and examine data error in health, education and income statistics used to construct the Human Development Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. We propose a simple statistical framework to calculate country specific measures of data uncertainty and investigate how data error biases rank assignments. We find that up to 34% of countries are misclassified and, by replicating prior studies, we show that key estimated parameters vary by up to 100% due to data error.