Demand and conservation of end-use and primary energy in the residential and commercial sectors
This paper presents an integrated energy-demand model for the combined residential and commercial sector. The model consists of two parts: the first determines aggregate demand for energy and the second estimates market shares for electricity, natural gas, and petroleum products. Demand elasticities for aggregate as well as individual fuels are analytically derivable. The study concludes that pricing strategies can be effective in stimulating the conservation of energy. Furthermore, raising prices of petroleum products and natural gas have greater potential for conservation of end-use energy than raising electricity prices. However, when the primary sources of energy are considered, the results show that raising the prices of electricity is far more effective for energy conservation than raising the prices of natural gas and petroleum products. This practice is more effective because the overall efficiency of fuel use is lower when electricity is employed as the end-use energy form. 11 references.
- Research Organization:
- Oak Ridge National Lab., TN
- OSTI ID:
- 6700217
- 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
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Related Subjects
291000 -- Energy Planning & Policy-- Conservation
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101 -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
320104 -- Energy Conservation
Consumption
& Utilization-- Commercial & Industrial Buildings-- (-1987)
COMMERCIAL SECTOR
COMPARATIVE EVALUATIONS
ECONOMIC ELASTICITY
EFFICIENCY
ELECTRIC POWER
ENERGY CONSERVATION
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY MODELS
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
NATURAL GAS
PETROLEUM PRODUCTS
POWER
RESIDENTIAL SECTOR
SIMULATION