This paper develops an econometric forecasting system of energy demand coupled with engineering–economic models of energy supply. The framework is used to quantify the energy and environmental impacts of renewable and natural gas based electricity power generation in California, considering...

This paper examines the connection between household environmental attitudes and real energy consumption behavior using a data set of electricity use by 612 households in Wyoming, USA, along with survey on their opinions, perceptions, and attitudes to several environmental issues. The...

An engineering-economic model is used within a dynamic setting to determine the least cost mix of investment and import activities as the U.S. steel industry faces successively tighter controls on coke oven emissions over the next 10 years. In response to Maximum Achievable Control Technology...

This study examines fuel switching in electricity production following the introduction of the European Union’s Emissions Trading System (EU ETS) for greenhouse gas emissions. A short-run restricted cost equation is estimated with carbon permits, high-carbon fuels, and low carbon fuels as...

This study estimates the fiscal, energy, and environmental tradeoffs involved in supplying California’s future energy needs. An integrated framework is developed whereby an econometric forecasting system of California energy demand is coupled with engineering-economic models of energy supply,...

This study tested for the presence of risk premiums on crude oil and natural gas. The econometric analysis followed from a stochastic model in which the equilibrium value of inventories depends on a convenience yield and an option value related to price uncertainty. The empirical findings...