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Demand and conservation of end-use and primary energy in the residential and commercial sectors

Journal Article · · Energy Syst. Policy; (United States)
OSTI ID:6700217

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