Demand for electric energy in the United States

Journal Article · Sun Jan 01 04:00:00 EST 1978 · Energy Syst. Policy; (United States)

OSTI ID:6699069

Uri, N D

An econometric approach is used in this paper in an effort to explain the 1974 and 1975 growth in kilowatt-hour sales of electric energy in the United States. After development of a demand model and discussion of the estimating technique (Zellner's seemingly unrelated regression technique), monthly data covering the period January 1971 through December 1975 for the aggregate United States are used to estimate the model. The results indicate that the principal determinants of essentially zero growth in 1974 were large price increases coupled with conservation efforts. In 1975 the small growth in total sales resulted from the decline in sales to the industrial sector that came about because of large price increases and the depressed level of economic activity. 13 references.

• Research Organization: Federal Energy Administration, Washington, DC
• OSTI ID: 6699069
• Journal Information: Energy Syst. Policy; (United States), Journal Name: Energy Syst. Policy; (United States) Vol. 2:3; ISSN ESYPB
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
296000* -- Energy Planning & Policy-- Electric Power
COMPARATIVE EVALUATIONS
DEMAND FACTORS
ECONOMETRICS
ECONOMICS
ELECTRIC POWER
ENERGY CONSERVATION
ENERGY DEMAND
FORECASTING
INDUSTRY
MARKET
NORTH AMERICA
POWER
POWER DEMAND
PRODUCTION
SIMULATION
USA