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The Perverse Impact of Calling for Energy Conservation / J. Scott Holladay, Michael K. Price, Marianne Wanamaker.
- Format:
- Book
- Author/Creator:
- Holladay, J. Scott.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20706.
- NBER working paper series no. w20706
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- In periods of high energy demand, utilities frequently issue "emergency" appeals for conservation over peak hours to reduce brownout risk. We estimate the impact of such appeals using high-frequency data on actual and forecasted electricity generation, pollutant emission measures, and real-time prices. Our results suggest a perverse impact; while there is no significant reduction in grid stress over superpeak hours, such calls lead to increased off -peak generation, CO2 emissions, and price volatility. We postulate that consumer attempts at load shifting lead to this result.
- Notes:
- Print version record
- November 2014.
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