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Demand for electricity by the manufacturing sector of the New York region: analysis and projections to 1985. Working paper

Technical Report ·
OSTI ID:5620852
The possible impact of areawide residential location policy on future residential electricity usage in the Tri-State Metropolitan Region centering on New York City is investigated. In this report, chief characteristics of the New York Region's manufacturing sector are noted and compared with national manufacturing. Ordinary least squares equations have been estimated relating manufacturing electricity consumption to output (real value added), or employment, and the marginal price of electricity relative to the wage rate. Cross-section equations estimated using 23 counties as observations, for three periods: 1967, 1970, and 1971. Time-series equations also estimated for four sub-areas of the region based on major utility service areas. Using some of the estimated equations and linking the key output projection to a regional projection for which the exogenous factors are national industry forecasts, 1985 projections are calculated for employment, output, and electricity consumption. Three sets of 1985 projections are estimated under three assumptions about the trend of electricity prices.
Research Organization:
New York Regional Energy Study, NY (USA)
OSTI ID:
5620852
Report Number(s):
PB-292094
Country of Publication:
United States
Language:
English