Microeconomic Modeling and Policy Analysis
Studies in Residential Energy Demand
Published on 22. October 2013
310 pages
978-1-4832-6849-1 (ISBN)
Description
Microeconomic Modeling and Policy Analysis: Studies in Residential Energy Demand analyzes the aggregates and distributional impacts from alternative energy polices related to the energy demands of residential consumers. The book also analyzes the use of micro-simulation models in the study. The book examines three alternative energy policies and their possible impacts on the residential energy demand. The text describes models on energy use including general micro-simulation and micro-simulation as applied in ""Residential End-Use Energy Planning Systems"" (REEPS) and the Oak Ridge National Laboratory (ORNL) Residential Energy Consumption Model. The book describes REEPS as a model providing end-use specific forecasts of energy consumption at the household level. The text describes ORNL as a computationally simpler design but conceptually more complex one. The book then evaluates three different policy scenarios using each of these two models. The performance of REEPS and ORNL, as well as other dimensions of model projections, is examined. The implications regarding 1) policy analysis and 2) the use of micro simulation models are noted. The book then presents a table that summarizes the results of the comparative model evaluation. Energy policymakers, city and local government planning officials, development engineers, and environmentalists will find this book very relevant.
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Content
PrefaceAcknowledgmentsChapter I. IntroductionChapter II. Approaches to Energy Use Modeling 1. Issues in Simulation Model Design 2. The Problem of Modeling Residential Energy ConsumptionChapter III. Residential Energy Demand Simulation Models 1. Historical Developments 2. The Oak Ridge National Laboratory Model 3. The Residential End-Use Energy Planning System 4. A Methodological ComparisonChapter IV. Residential Energy Policy Analysis: The Alternative Policy Scenarios 1. Introduction 2. The Base Case Scenario 3. The Immediate Natural Gas Deregulation Scenario 4. The Mandatory Thermal Efficiency Standards Scenario 5. Policy RelevanceChapter V. Simulation Results from the REEPS Model 1. Model-Scenario Implementation 2. National Implications 3. Income Distribution Implications 4. End-Use Implications 5. Regional Distribution Implications 6. ConclusionsChapter VI. Simulation Results from the ORNL Model 1. Model-Scenario Implementation 2. National Implications 3. Income Distribution Implications 4. End-Use Implications 5. ConclusionsChapter VII. A Comparative Analysis of Model Performance: REEPS versus ORNL 1. Introduction 2. Comparison of Model Projections 3. Other Dimensions of Model Comparison 4. ConclusionsChapter VIII. Implications 1. Lessons for Energy Policy Analysis 2. Lessons for Model ConstructionChapter IX. Concluding RemarksBibliographyIndex
