An evaluation of the national utility financial statement (NUFS) model: Validation report

Technical Report · Wed Dec 01 04:00:00 EST 1982

DOI:https://doi.org/10.2172/5908686· OSTI ID:5908686

Hill, L. J.; Goldstein, M.; Alsmiller, Jr., R. G.; Toney, B.

The analysis presented herein represents an assessment of the National Utility Financial Statement (NUFS) model, a financing regulatory model of the US electric utilities industry. As presently constituted, NUFS ''assesses'' the financial feasibility of the electric utilities' capacity expansion program emanating for the Mid-Term Energy Forecasting Systems (MEFS) through specification of a series of financial accounting relationships that result in the forecast of primary financial statements and other financial information. Since the MEFS code is a forecasting tool that is presently used to project energy-related magnitudes up to 1995, NUFS forecasts financial information in that same time horizon. The approach to the assessment of NUFS was based on a two-stage level of analysis. First, the individual equations in the code were analyzed in terms of their representation of the underlying institutional character of the electric utility regulatory environment. Second, the over-all performance of NUFS was assessed. 28 refs.

• Research Organization: Oak Ridge National Lab., TN (USA)
• DOE Contract Number: AC05-84OR21400
• OSTI ID: 5908686
• Report Number(s): DOE/EIA-0373; ON: DE89014974
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
ACCOUNTING
DATA
ECONOMICS
ELECTRIC UTILITIES
ENERGY MODELS
FINANCIAL DATA
FORECASTING
INFORMATION
PUBLIC UTILITIES
REGULATIONS