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Regional forecasting of the demand for fossil fuels by electric utilities

Journal Article · · Energy Sources (N.Y.); (United States)
The possibility of interfuel substitution in the generation of electrical energy exists. Given this fact, a demand model for various fossil fuels by electric utilities in the United States is developed. Using regional data, the results suggest that the responsiveness of the demand for coal, residual fuel oil, distillate fuel oil, and natural gas by electric utilities to relative price changes is significant. In a forecasting setting, the demand model performs remarkably well when actual and forecast values for 1979 are compared.
Research Organization:
Dept. of Economics and Business The Catholic University of America Washington, DC
OSTI ID:
6708698
Journal Information:
Energy Sources (N.Y.); (United States), Journal Name: Energy Sources (N.Y.); (United States) Vol. 7:1; ISSN EGYSA
Country of Publication:
United States
Language:
English