Showing papers in "Energy Economics in 1979"

TL;DR: In this article, the distinction between primary energy intensity and useful energy intensity is considered and two types of problem are addressed: those related to changes in the structure of production and those arising from the substitution of energy forms having different efficiencies.

TL;DR: A planning technique based on the selection, construction and quantification of particular types of scenario (or sets of heuristic hypotheses about the future) for examining future possibilities for energy demand and energy supply.

TL;DR: In this article, the usefulness of cost-benefit analysis in making nuclear power investment decisions is considered and the essence of social costbenefit analysis is outlined and shown to be unavoidably value-laden.

TL;DR: In this paper, translog specification is used to investigate the extent of interfuel substitution in the UK during the period 1948-64 and the results indicate that relative changes in energy prices had significant effects on energy consumption.

TL;DR: In this article, the impact of changing energy prices on factor demands in each of the many subsectors of manufacturing in Canada is investigated and the energy price elasticities of demand are derived.

TL;DR: In this paper, the authors compared and contrasted seven recently published optimization models of OPEC price behavior, and concluded that none of the models is entirely satisfactory and there is no agreement on optimal price trajectories.

TL;DR: In this paper, past trends in the total energy consumption and the use of hydrocarbons in OPEC countries are estimated and the impact of this demand on the future availability of OPEC oil and gas for exports is assessed.

TL;DR: In this article, an optimization model for determining optimal drawdown trajectories for strategic petroleum reserves during an embargo is described, which includes the derivation of a GNP response function which relates GNP (used as a measure of social welfare) and crude oil supply reductions.

TL;DR: In this article, the authors examined the strategic role that the energy sector played within the Scottish economy in 1973, and investigated the structure of energy demand in Scotland using input-output techniques.

TL;DR: In this article, an econometric investigation of the historical structure of the US market for steam coal, including demand, supply, inventory and price behaviour, is presented and a corresponding theoretical model developed.

TL;DR: In this article, the authors describe the French nuclear programme, the structure of the nuclear industry, progress made and future objectives, and some cost estimates for nuclear power relative to other fuel sources are presented.

TL;DR: In this paper, the effects of the new tax regime, and each of its components, will have on different types of field being exploited under various circumstances, and the analysis also considers sensitivity to capital cost inflation, effects on multi-field operation and the results of two other possible tax schemes.

TL;DR: In this paper, a regional energy demand model for Canada is described and its properties analyzed, which contains a consistent set of estimated equations that describe the end-use demand for energy within the major consuming regions.

TL;DR: In this paper, a brief historical overview of some main trends in energy technology from ancient times to the mid-18th century is given, focusing on developments in the UK: the effects of wood scarcity; the rise of coal; technological responses to coal scarcity; and the effect of energy supply on industrial location.

TL;DR: In this paper, the responsiveness of US agriculture to changes in the price of electricity is examined and the elasticity of price elasticity is found to be of sufficient magnitude to dispel doubts about the market mechanism in curtailing demand.

TL;DR: In this paper, the authors estimate the health benefits from avoided air pollution attributable to using solar panels for domestic water and space heating in the UK and find that the environmental benefits, while non-trivial, are small in relation to the resource-saving benefits.

TL;DR: Dynamic programming methods have been extended to account for uncertain decision factors by including in the objective function a variance-related uncertainty factor as well as expected cost values.

TL;DR: In this paper, the effect of the tax package introduced by the government in the Odelsting Proposition No 26 of February 1975 on the profitability of fields in the North Sea is examined.

TL;DR: In this paper, a statistical estimate of the factors causing a reduction in petroleum consumption in 1974 and 1975 is presented on a factor by factor basis and it is shown that higher real prices and reduced macroeconomic activity directly accounted for the largest reduction in the 1975 decline.

TL;DR: In this article, the authors present four types of innovation and outline a way in which to evaluate the social benefits derived from them and specific characteristics, such as exhaustibility of energy resources, are explicitly included in the evaluation framework.

TL;DR: The equilibrium theory of economics developed in this paper is unconventional in that it is based upon principles found in thermodynamics rather than in economics, and a function is developed describing the motivating force of an economic system, which can either be channelled into useful added value or wasted away in the form of inflation.

TL;DR: In this article, the relationship between energy use and economic activity in the main UK industrial sectors in the period 1954-1975 was investigated and it was shown that fuel prices are significant in explaining changes in fuel consumption and in accounting for fuel substitution.

TL;DR: In this paper, an analysis of the employment impacts of two types of energy conservation effort: home retrofitting and increased efficiency in industrial energy use is presented, and it is concluded that employment impacts both in absolute and percentage terms, will be small for both programmes.

TL;DR: In this paper, the demand and supply relationship of the US petroleum market is estimated by measuring the elasticities and cross-elasticities of demand, the relative responsiveness of changes in prices and income and the possibility of substitution of alternative energy resources for petroleum are determined.

TL;DR: In this article, a microeconomic study aimed at answering this question for US primary copper firms is presented, where costs and benefits of three major potential energy conserving processes are estimated and a profit-maximizing computer model is used to simulate the behaviour of three leading US copper producers and their rates of adoption of the conservation measures.

TL;DR: In this paper, the authors used benefit-cost analysis to show that even with only one electricity production technique, marginal cost pricing of electricity in a firm off-peak period might reduce social welfare rather than improve it.

TL;DR: In this paper, the authors examined the implications of the EEC common energy policy for the UK energy sector as represented by a long-term programming model, and showed that the UK will be a substantial net exporter of energy in 1985 and will therefore make an important contribution towards the EC's efforts to meet its import dependency target of 50% or less of gross inland consumption.