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Electricity Demand And Electricity Value

Author

Listed:
  • Henry Lim
  • Glenn Jenkins

    (Queen's University, Kingston, On, Canada)

Abstract

The estimation of the demand for electricity is important in the appraisal of power projects because it often affects the benefits of the projects. For projects that involve a decision about the timing of investment- when to install new capacity to meet the demand- the precision of the electricity demand forecast can be critical. For others, when electric tariff policy is involved, it is essential to relate the demand for electricity with tariffs through the use of an electricity demand model or demand elasticizes. In this paper, we discuss a commonly used demand model for electricity and demonstrate its use in our analysis.

Suggested Citation

  • Henry Lim & Glenn Jenkins, 2000. "Electricity Demand And Electricity Value," Development Discussion Papers 2000-01, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:139
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    References listed on IDEAS

    as
    1. Glenn P. Jenkins, 1994. "The appraisal of investment projects: A teaching approach," Journal of International Development, John Wiley & Sons, Ltd., vol. 6(1), pages 115-122, January.
    2. Glenn P. Jenkins, 1985. "Public Utility Finance and Economic Waste," Canadian Journal of Economics, Canadian Economics Association, vol. 18(3), pages 484-498, August.
    3. Lester D. Taylor, 1975. "The Demand for Electricity: A Survey," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 74-110, Spring.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Rigoberto Ariel Yepez-Garcia & Todd M. Johnson & Luis Alberto Andres, 2011. "Meeting the Balance of Electricity Supply and Demand in Latin America and the Caribbean," World Bank Publications - Books, The World Bank Group, number 2334.

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    More about this item

    Keywords

    electricity; demand; electric tariff policy;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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