International Energy Economics by Thomas Sterner (auth.), Thomas Sterner (eds.)

By Thomas Sterner (auth.), Thomas Sterner (eds.)

An foreign choice of twenty papers with 3 subject matters: power call for, modelling strength provide and types of particular markets.

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2) where qi (0) is the initial price. 5. Plant life and time horizon are infinite. This assumption makes the problem more tractable without any significant loss of generality. 6. Capacity utilization in the latest plant grows at the same rate as demand until the next investment point at which there is no un utilized capacity. This assumption makes the model more tractable but may also be defended by the following consideration: if the time period between two investments is not too long we may regard it as a learning period.

1. and Lieberman, M. (1987) Investment and Coordination in Oligopolistic Industries. RAND Journal of Economics, 18, 17-33. , Johansson, T. , Reddy A. K. N. et al. (1988) Energy for a Sustainable World. Wiley Eastern, New Delhi. Heckscher, E. F. (1918) Svenska produktionsproblem. Bonniers, Stockholm. Hjalmarsson, 1. (1974) The Size Distribution of Establishments and Firms Derived from an Optimal Process of Capacity Expansion. European Economic Review, 5, 123-40. Hjalmarsson, 1. (1976) Capacity Expansion and its Implications for the Size Distribution of Firms: Reply.

The Industrial Regional and Energy Demand (INRAD) model (Boyd, Kokkelenberg and Ross, 1990) was developed as part of the Integrated Model Set for NAPAP. INRAD is a set of econometric equations that forecasts electricity and fossil fuel demand. The model is based on the Generalized Leontief functional form with modifications to allow for capacity utilization effects in the energy equations. Model estimates are based on national level data for eight industry groups, but are then benchmarked to state level energy use and energy prices for 20 associated industries.

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