By Isamu Matsukawa
This publication offers an in-depth empirical research of purchaser reaction to replacement guidelines for strength conservation. Its major concentration is on leading edge coverage tools that experience attracted expanding recognition from teachers and effort conservation practitioners alike: severe height pricing, conservation requests, in-home screens, and residential power experiences. The booklet investigates the results of those coverage tools on residential call for for electrical energy. the knowledge is drawn from a chain of randomized box experiments for the years 2012–2013 in Japan, the place critical matters approximately energy shortages have emerged within the wake of the nuclear catastrophe in Fukushima. by means of utilizing econometric options to the quantitative research of residential strength intake, the ebook demonstrates how shoppers reply to cutting edge tools for power conservation. It additionally bargains new views on how those tools can be utilized extra successfully and explores the opportunity of their sensible implementation. This hugely informative booklet is vital interpreting for power experts in either educational contexts.
Read Online or Download Consumer Energy Conservation Behavior After Fukushima: Evidence from Field Experiments PDF
Best oil & energy books
Garage and Commodity Markets is basically a piece of monetary thought, focused on how the aptitude to shop a surplus impacts the costs and creation of commodities. Its specialize in the habit, through the years, of mixture stockpiles offers insights into such questions as how a lot a rustic should still shop out of its present offer of nutrients contemplating the uncertainty in destiny harvests.
From fisheries to continual natural pollution to weather switch itself, no different environmental precept in environmental legislations has produced as a lot controversy because the precautionary precept. not like a preventive method within which motion is taken only if the threats to the surroundings are tangible, with a precautionary process, professionals are ready to take on hazards for which there's no definitive facts that the wear and tear will materialize.
MENA is among the richest areas on the planet by way of typical assets: it holds greater than 60 percentage of the world’s confirmed oil reserves, usually positioned within the Gulf zone, and approximately 1/2 gasoline reserves. Oil represents 80-85 percentage of item exports within the area, making it hugely looking on fluctuations in overseas costs.
This booklet is meant to supply a brand new method of the learn of worldwide values and international worth swap, according to consultant foreign survey facts, and in particular, the realm Values Survey. This subject matter is of growing to be curiosity not just to the overseas social technology neighborhood, but additionally overseas policymakers and company and monetary executives within the framework of overseas values and company reviews.
- EU Electricity Trade Law: The Legal Tools of Electricity Producers in the Internal Electricity Market
- Oil Exploration. Basin Analysis and Economics
- Wind Power and Power Politics: International Perspectives
- Climate Change Science: A Modern Synthesis: Volume 1 - The Physical Climate
- Nuclear Energy Now: Why the Time Has Come for the World's Most Misunderstood Energy Source
Additional info for Consumer Energy Conservation Behavior After Fukushima: Evidence from Field Experiments
The electricity price of 45 cents/kWh was applied to peak usage on weekdays except for critical peak days. Households in the treatment were informed of the maximum number of critical peak days before each experiment began. m. the day before each critical peak day by e-mail, which they accessed on their cellular phones and personal computers. The notice of the electricity price was also displayed on the tablet during the experiment. A post-experiment survey indicates that almost all households in the treatment used their cellular phones, personal computers, or tablets to conﬁrm the price to be applied to electricity consumption.
Eo,Y denotes the elasticity of the off-peak electricity demand with respect to total electricity expenditure at the sample mean. All elasticities were statistically signiﬁcant at the 1 % level The nonlinearity of the TOD expenditure in total electricity expenditure supports the validity of the LA/AIDS model, which does not impose homotheticity. 12 presents the uncompensated total elasticities of the time-of-day electricity demand with respect to the electricity price in each experiment. The computation of these total elasticities needs the estimate of Ee in Eqs.
The empirical investigation of CPP impacts on consumer’ usage of electricity by Jessoe and Rapson (2014) is perhaps the ﬁrst attempt to measure how increased attention and information-processing capacity affected the energy-conservation effects of CPP. Focusing on the policy interventions that correct for consumption biases associated with inattention and limited capacity by promoting salience and learning, Jessoe and Rapson (2014) found that households’ learning through their use of in-home displays (IHDs), which enables households to obtain information about their electricity usage in real time, enhanced the energy-saving effect of electricity pricing during the peak period.