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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17556 |
来源ID | Working Paper 17556 |
Cost-Effectiveness of Electricity Energy Efficiency Programs | |
Toshi H. Arimura; Shanjun Li; Richard G. Newell; Karen Palmer | |
发表日期 | 2011-10-28 |
出版年 | 2011 |
语种 | 英语 |
摘要 | We analyze the cost-effectiveness of electric utility ratepayer-funded programs to promote demand-side management (DSM) and energy efficiency (EE) investments. We specify a model that relates electricity demand to previous EE DSM spending, energy prices, income, weather, and other demand factors. In contrast to previous studies, we allow EE DSM spending to have a potential long-term demand effect and explicitly address possible endogeneity in spending. We find that current period EE DSM expenditures reduce electricity demand and that this effect persists for a number of years. Our findings suggest that ratepayer funded DSM expenditures between 1992 and 2006 produced a central estimate of 0.9 percent savings in electricity consumption over that time period and a 1.8 percent savings over all years. These energy savings came at an expected average cost to utilities of roughly 5 cents per kWh saved when future savings are discounted at a 5 percent rate. |
主题 | Subnational Fiscal Issues ; Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy |
URL | https://www.nber.org/papers/w17556 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575229 |
推荐引用方式 GB/T 7714 | Toshi H. Arimura,Shanjun Li,Richard G. Newell,et al. Cost-Effectiveness of Electricity Energy Efficiency Programs. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17556.pdf(365KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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