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A generalized modeling framework for public benefit fund program valuation

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  • Kaiser, M.J.
  • Pulsipher, A.G.

Abstract

A generalized modeling framework to value Public Benefit Fund (PBF) programs is developed. The potential economic and environmental impact associated with PBF programs at the state-level is described through a simulation model that values energy savings and emissions reduction and an input–output model that estimates the total economic benefit of the program. The valuation strategy is based on publicly-available data and infer results under a reasonable assumption set. The methodology is illustrated through a case study for a proposed PBF program targeted for Louisiana across the residential and commercial sector.

Suggested Citation

  • Kaiser, M.J. & Pulsipher, A.G., 2003. "A generalized modeling framework for public benefit fund program valuation," Energy, Elsevier, vol. 28(6), pages 519-538.
    • Handle: RePEc:eee:energy:v:28:y:2003:i:6:p:519-538
    DOI: 10.1016/S0360-5442(02)00159-7
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    References listed on IDEAS

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    Cited by:

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    2. Lim, Kyoung-Min & Lim, Seul-Ye & Yoo, Seung-Hoon, 2014. "Estimating the economic value of residential electricity use in the Republic of Korea using contingent valuation," Energy, Elsevier, vol. 64(C), pages 601-606.

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