A note on economic modelling of peak electricity demands

Bridger M. Mitchell

Expert InsightsPublished 1977

Comments on a paper, "Econometric Estimation of Peak Electricity Demands" by R. M. Spahn and E. C. Beauvais, and discusses the need for economic models to forecast system peak demands as they are affected by electricity prices. Issues discussed: (1) analysis of peak kilowatt demand vs. kilowatt-hour usage during peak periods, (2) noneconometric models to provide more reliable information for analysis of effects of peak-load pricing where behavioral data is scanty, and (3) predictive models that incorporate the essential characteristics of peak-load rate structures.

Document Details

Citation

Chicago Manual of Style

Mitchell, Bridger M., A note on economic modelling of peak electricity demands. Santa Monica, CA: RAND Corporation, 1977. https://www.rand.org/pubs/papers/P5856.html.
BibTeX RIS

This publication is part of the RAND paper series. The paper series was a product of RAND from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.