Examination of the integrated effects of adopting various energy conservation and load leveling policies for the metropolitan area of New York City. Final report. [Consolidated Edison]
- ed.
Utilities generally, and Consolidated Edison Company of New York in particular, exhibit load curves with definite daily and seasonal characteristics and peaks. Peak demands are costly to serve in two respects: capacity must be built to meet peaks and, since every effort is made to rely for base load on the most-efficient generation available to a system, relatively inefficient fuel-consumptive units are normally pressed into service as demand approaches its peak. Society can no longer afford the luxury of capacity expansions that are the results of demands inefficiently induced, or of the subsidized consumption of electricity at times when its generation uses up scarce energy supplies at rates far above the daily average. Nor can consumers afford this state of affairs, for it is they who ultimately bear those costs. Moreover, a failure of electric rates to reflect marginal costs systematically breeds increasing revenues deficiencies in a period of inflation, and therefore causes rates to rise more rapidly than otherwise would be necessary: as demand increases at rates based on average embedded costs, it brings in less revenue than it adds to costs. This project offers additional insight into load management and marginal-cost-pricing mechanisms that could be instituted in the metropolitan area of New York City, served by the Consolidated Edison Company of New York, control the cost of electricity to the greatest extent possible.
- Research Organization:
- New York State Dept. of Public Services, Albany (USA)
- DOE Contract Number:
- EM-76-F-01-8079
- OSTI ID:
- 5009082
- Report Number(s):
- HCP/B60540-01
- Country of Publication:
- United States
- Language:
- English
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20 FOSSIL-FUELED POWER PLANTS
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