Abstract
Econometric models of Alberta electricity demand are estimated for the residential, commercial, and industrial sectors. Two approaches are utilized according to whether electricity is treated as an implicit component of overall energy demand or on an individual basis. Attention is directed toward estimating elasticities employing average electricity prices or by accounting for declining block tariffs, but the distinction is not found to be empirically important. The estimated price elasticity of electricity demand (ignoring effects on total energy demand) is around −0.3 in the residential sector, −0.6 in the commercial sector, and −0.9 in the industrial sector.
We wish to acknowledge financial support for this research from The Electric Utility Planning Council of Alberta.
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© 1980 Martinus Nijhoff Publishing
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Berndt, E.R., May, G., Watkins, G.C. (1980). An Econometric Model of Alberta Electricity Demand. In: Ziemba, W.T., Schwartz, S.L., Koenigsberg, E. (eds) Energy Policy Modeling: United States and Canadian Experiences. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-8748-7_7
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DOI: https://doi.org/10.1007/978-94-009-8748-7_7
Publisher Name: Springer, Dordrecht
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