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| Brennan, Timothy J.. |
| Demand-side management programs comprise subsidies from franchised electric utilities for the purchase of high-efficiency appliances; e.g., air conditioners. Competition in power generation threatens the viability of these programs. However, it should also reduce the warrant for them. Under regulation, the justification for such programs depends, somewhat paradoxically, on below marginal-cost pricing. Eliminating regulation should permit pricing flexibility to discourage excessive on-peak energy use. It should also eliminate the assurance of returns that may have encouraged overbuilding of generation capacity. Entrants and incumbent utilities should find it easier to offer "energy services," i.e., to bundle electricity with appliances, if consumers are too... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Electricity restructuring; Energy conservation; Regulatory policy; Resource /Energy Economics and Policy; L51; L94; Q48. |
| Ano: 1998 |
URL: http://purl.umn.edu/10615 |
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| Morgenstern, Richard D.. |
| Significant environmental benefits are often associated with the rapid diffusion of new energy-saving technologies. Over the past decade, the federal government, as well as electric and gas utilities, have begun to provide free technical information to potential buyers to stimulate private investment in certain technologies, particularly for retrofitting existing buildings. Yet it has not been demonstrated that this provision of technical information can truly accelerate the rate of technology diffusion. This study develops a model of firm behavior that incorporates multiple factors in the decision to retrofit high efficiency lighting technologies. Technology retrofit and the acceptance of technical information are modeled as jointly determined dichotomous... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Technology diffusion; Energy conservation; Policy instruments; Research and Development/Tech Change/Emerging Technologies; H59; Q48; O38. |
| Ano: 1996 |
URL: http://purl.umn.edu/10750 |
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