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Improving the representation of end-use energy efficiency, and of the effects of policies and programs to promote it, is an emergent priority for electricity load forecasting models and methods. This paper describes a “hybrid” load forecasting approach combining econometric and technological...
Persistent link: https://www.econbiz.de/10011040494
Driven by system reliability goals and the need to integrate significantly increased renewable power generation, long-range, bulk-power transmission planning processes in the United States are undergoing major changes. At the same time, energy efficiency is an increasing share of the electricity...
Persistent link: https://www.econbiz.de/10010743882
Many economists question engineering-economic studies aimed at demonstrating anomalously slow diffusion of energy-efficient technology and the benefits of regulations to promote such technology. One argument against such studies is that standard techniques of engineering economics are either...
Persistent link: https://www.econbiz.de/10005044280
Empirical studies provide compelling evidence that economic agents do not adopt the complete range of energy-efficient technologies that are cost-effective under prevailing prices and market conditions. Analysts commonly attribute this anomaly to the use of high discount rates in energy-related...
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