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Carol A. Dahl, Professor of Mineral and Energy Economics Colorado School of Mines and

A Global Survey of Electricity Demand Elasticities 34th IAEE Conference Stockholm, Sweden June 19-22, 2011 . Carol A. Dahl, Professor of Mineral and Energy Economics Colorado School of Mines and Visiting Professor Department of Economics King Saud University Riyadh, Saudi Arabia .

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Carol A. Dahl, Professor of Mineral and Energy Economics Colorado School of Mines and

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  1. A Global Survey of Electricity Demand Elasticities34th IAEE ConferenceStockholm, Sweden June 19-22, 2011 Carol A. Dahl, Professor of Mineral and Energy Economics Colorado School of Mines and Visiting Professor Department of Economics King Saud University Riyadh, Saudi Arabia

  2. Coming Attractions: Scope of project - Dahl Energy Demand Database (DEDD) Electricity portion Price elasticities Income elasticities Other issues What's posted What's to come

  3. Dahl Energy Data Base (DEDD) • ~1,050 studies in excel data base • http://dahl.mines.edu/courses/dahl/dedd/ • ~18,000 equations • When – first and last year of sample • Where – country/region • What product and sector • How – estimation technique, data type • Elasticities and variables in the equation • Other information >than 100 countries ~40% U.S. To be a public database-sample search

  4. Goals: What Do We Know Take a Look at the Past

  5. To Plan for the Future(Agenda of Work)

  6. Electricity Demand • http://dahl.mines.edu/courses/dahl/dedd/DEDD_EL2011.xls • > 450 studies include electricity • > 5300 estimated equation • ~ 60 countries • single countries • cross section/time series of studies

  7. Studies from 1951-Date

  8. Types of Elasticities • Models with lags • short run (sr) and long run (lr) • Models in levels • static • co-integration

  9. PY Elasticity

  10. PY Elasticity

  11. PY Elasticity

  12. PY Elasticity

  13. PY Elasticity

  14. What's Been Done: DEDD Posts • http://dahl.mines.edu/courses/dahl/dedd/ • Supporting material for paper in special issue • energy transport modeling • edited by AmelaAjanovic, Lee Schipper, Carol Dahl • Dahl, Carol A. (2011) "Measuring global gasoline and diesel price and income elasticities." Energy Policy doi:10.1016/j.enpol.2010.11.055 • Parts presented IAEE San Francisco 2009 • Calgary 2010

  15. DEDD Posts • Database Summary with Bibliography: • DEDD-D&G2010.doc • Database Gasoline: • DEDD-G2010.xls • Database Diesel: • DEDD-D2010.xls

  16. What's to Come: DEDD Next Posts • Supporting material for introductory paper in special issue • energy transport modeling, Energy Policy • DEDD_M2011.xls • demand for transport services (Miles/Meters) • most are passenger a few are freight • DEDD_MPQ2011.xls • demand for vehicle efficiency • (Miles or Meters)/(fuel consumed) • Supporting material for this paper • DEDD_EL2011.xls

  17. What's to come: Future Posts • Send along links or copies of ongoing work to include • cdahl@mines.edu • Other Oil Products • Natural Gas • Coal

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