Energy Demand Analytics Using Coupled Technological and Economic Models

Impacts of a range of policy scenarios on end-use energy demand are examined using a coupling of MARKAL, an energy system model with extensive supply and end-use technological detail, and Inforum LIFT, a large-scale model of the U.S. economy with inter-industry, government, and consumer behavioral d...

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Veröffentlicht in:The Energy journal (Cambridge, Mass.) Mass.), 2011-10, Vol.32 (1_suppl), p.173-192
Hauptverfasser: Steckley, Samuel G., Meade, Douglas S., Lenox, Carol Shay, Hoffman, Kenneth C., Reid, David H., H. Schoener, Bradley C.
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container_end_page 192
container_issue 1_suppl
container_start_page 173
container_title The Energy journal (Cambridge, Mass.)
container_volume 32
creator Steckley, Samuel G.
Meade, Douglas S.
Lenox, Carol Shay
Hoffman, Kenneth C.
Reid, David H.
H. Schoener, Bradley C.
description Impacts of a range of policy scenarios on end-use energy demand are examined using a coupling of MARKAL, an energy system model with extensive supply and end-use technological detail, and Inforum LIFT, a large-scale model of the U.S. economy with inter-industry, government, and consumer behavioral dynamics. Responses in end-use energy demand are the result of energy efficiency improvements, fuel switching, and indirect economy-wide impacts. Carbon emissions reductions attributed to end-use demand response are analyzed and compared to carbon emissions reductions attributed to changes in the electric sector. Scenarios with the greatest impacts are a carbon tax case, resulting in a shift away from coal generation in the electric sector, and a normative case using a 7% discount rate for end-use technology investment decisions, resulting in increased adoption of energy efficient technology. In the course of addressing the specific EMF 25 scenarios and specified assumptions, a number of interesting issues were identified for follow-on analyses. doi: 10.5547/ISSN0195-6574-EJ-Vol32-SI1-10
doi_str_mv 10.5547/ISSN0195-6574-EJ-Vol32-SI1-10
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source PAIS Index; Business Source Complete; SAGE Complete A-Z List; Jstor Complete Legacy
subjects Adoption of innovations
Carbon
Coal
Economic aspects
Economic models
Electromagnetic fields
Emissions
Emissions control
Energy
Energy demand
Energy efficiency
Energy industry
Energy management
Environmental tax
Forecasts and trends
Production management
Scale models
Taxation
title Energy Demand Analytics Using Coupled Technological and Economic Models
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