Demand response in a market environment

DEFF Research Database (Denmark)

Larsen, Emil Mahler

This thesis addresses the design, deployment and benefits of demand response in a market environment. Demand response is consumption that can be controlled by an external stimulus in the power system. Flexible consumption is a useful tool for absorbing volatile power from renewable sources like...... this simulation, real power system data from the Danish island of Bornholm is introduced and methods to quantify an aggregated load is developed. These methods can be used for real-time operation and to support investment decisions. More specifically, they can be used to forecast the response to electricity...... pricing and to classify different types of customers. The proposed models are then embedded into new fiveminute electricity markets for system balancing and local congestion management. New market tools for exploiting and maintaining a degree of control over demand are developed, and the value of DR using...

Stochastic–multiobjective market equilibrium analysis of a demand response program in energy market under uncertainty

International Nuclear Information System (INIS)

Hu, Ming-Che; Lu, Su-Ying; Chen, Yen-Haw

2016-01-01

Highlights: • Analyze the impact of a demand response program under uncertainty. • Stochastic Nash–Cournot competition model is formulated. • Case study of the Taiwanese electric power market is conducted. • Demand response decreases power price, generation, and emissions. • Demand uncertainty increases energy price and supply risk in the results. - Abstract: In the electricity market, demand response programs are designed to shift peak demand and enhance system reliability. A demand response program can reduce peak energy demand, power transmission congestion, or high energy-price conditions by changing consumption patterns. The purpose of this research is to analyze the impact of a demand response program in the energy market, under demand uncertainty. A stochastic–multiobjective Nash–Cournot competition model is formulated to simulate demand response in an uncertain energy market. Then, Karush–Kuhn–Tucker optimality conditions and a linear complementarity problem are derived for the stochastic Nash–Cournot model. Accordingly, the linear complementarity problem is solved and its stochastic market equilibrium solution is determined by using a general algebraic modeling system. Additionally, the case of the Taiwanese electric power market is taken up here, and the results show that a demand response program is capable of reducing peak energy consumption, energy price, and carbon dioxide emissions. The results show that demand response program decreases electricity price by 2–10%, total electricity generation by 0.5–2%, and carbon dioxide emissions by 0.5–2.5% in the Taiwanese power market. In the simulation, demand uncertainty leads to an 2–7% increase in energy price and supply risk in the market. Additionally, tradeoffs between cost and carbon dioxide emissions are presented.

Restructuring Electricity Markets when Demand is Uncertain

DEFF Research Database (Denmark)

Boom, Anette; Buehler, Stefan

2006-01-01

We examine the effects of reorganizing electricity markets on capacity investments, retail prices and welfare when demand is uncertain. We study the following market configurations: (i) integrated monopoly, (ii) integrated duopoly with wholesale trade, and (iii) separated duopoly with wholesale...... trade. Assuming that wholesale prices can react to changes in retail prices (but not vice versa), we find that generators install sufficient capacity to serve retail demand in each market configuration, thus avoiding blackouts. Furthermore, aggregate capacity levels and retail prices...

Demand participation in the restructured Electric Reliability Council of Texas market

International Nuclear Information System (INIS)

Zarnikau, Jay W.

2010-01-01

Does an electricity market which has been restructured to foster competition provide greater opportunities for demand response than a traditional regulated utility industry? The experiences of the restructured Electric Reliability Council of Texas (ERCOT) market over the past eight years provide some hope that it is possible to design a competitive market which will properly value and accommodate demand response. While the overall level of demand response in ERCOT is below the levels enjoyed prior to restructuring, there have nonetheless been some promising advances, including the integration of demand-side resources into competitive markets for ancillary services. ERCOT's experiences demonstrate that the degree of demand participation in a restructured market is highly sensitive to the market design. But even in a market which has been deregulated to a large degree, regulatory intervention and special demand-side programs may be needed in order to bolster demand response. (author)

Market-based demand forecasting promotes informed strategic financial planning.

Science.gov (United States)

Beech, A J

2001-11-01

Market-based demand forecasting is a method of estimating future demand for a healthcare organization's services by using a broad range of data that describe the nature of demand within the organization's service area. Such data include the primary and secondary service areas, the service-area populations by various demographic groupings, discharge utilization rates, market size, and market share by service line and organizationwide. Based on observable market dynamics, strategic planners can make a variety of explicit assumptions about future trends regarding these data to develop scenarios describing potential future demand. Financial planners then can evaluate each scenario to determine its potential effect on selected financial and operational measures, such as operating margin, days cash on hand, and debt-service coverage, and develop a strategic financial plan that covers a range of contingencies.

The role of price elastic demand in market power in the Nordic electricity markets

International Nuclear Information System (INIS)

Ravn, H.F.

2004-01-01

The paper discusses the modelling and analysis of market power and price elastic demand in the Nordic electricity spot market, Nordpool. The modelling of market power in the electricity sector must take into account a number of features that are specific to the electricity sector. First, electricity cannot be stored, but must be produced simultaneously with consumption. This aspect is, however, modified by the possibility of using hydro reservoirs as an indirect electricity storage. Second, the electricity transmission network plays an important role by breaking the market into several geographically separate sub-markets with different prices. Moreover, the specific bottlenecks may differ from hour to hour, according to the balance between supply and demand in each sub-market. Third, the demand side is presently characterised by very limited experience with hour to-hour-changes in electricity prices and very limited experience with short time adjustments of electricity consumption in response to changes in the electricity price. In the present paper three basic models for supply side competition on the Nordpool spot market will be presented, viz., perfect competition, Cournot competition and Supply Function Equilibrium. The models represent price and quantity settlement, including determination of price areas (bottle necks), in accordance with the way the Nordpool market functions. The models will incorporate electricity demand which is responsive to the electricity price. The paper describes the role of demand response for the determination of the electricity prices in each of the three supply side competition models. (au)

Will the supply meet the demand? The future of the natural gas liquids market in the WCSB

International Nuclear Information System (INIS)

Stauft, T.

2004-01-01

Natural Gas Liquids (NGL) price influences were reviewed in this presentation, as well as issues concerning North American propane demand and waterborne imports. A review of U.S. propane stocks was provided as well as regional temperature outlooks for 2004-2005. A cracking feedstock parity forecast was presented, as well as United States gross gas plant margins and propane prices to July 2005. Canadian propane inventories and prices were reviewed. A propane supply and demand forecast to 2020 was presented. Alberta's natural gas supply and intra-Alberta oil sand gas demand growth were discussed. Various market uncertainties include higher levels of activity; the potential of petroleum prices falling due to a reduction of geopolitical risk; the possibility of a U.S. recession; and the growth of Alberta's oil sands industry, with resulting demand for natural gas. It was concluded that the NGL market in North America will continue to be balanced, with waterborne imports becoming more critical. It was suggested that inventories are adequate for the expected winter season. It was also suggested that Canadian NGL supplies are expected to decline, and that prices are expected to soften in the spring of 2005, with falling natural gas and crude oil prices. refs., tabs., figs

Meeting residential space heating demand with wind-generated electricity

International Nuclear Information System (INIS)

Hughes, Larry

2010-01-01

Worldwide, many electricity suppliers are faced with the challenge of trying to integrate intermittent renewables, notably wind, into their energy mix to meet the needs of those services that require a continuous supply of electricity. Solutions to intermittency include the use of rapid-response backup generation and chemical or mechanical storage of electricity. Meanwhile, in many jurisdictions with lengthy heating seasons, finding secure and preferably environmentally benign supplies of energy for space heating is also becoming a significant challenge because of volatile energy markets. Most, if not all, electricity suppliers treat these twin challenges as separate issues: supply (integrating intermittent renewables) and demand (electric space heating). However, if space heating demand can be met from an intermittent supply of electricity, then both of these issues can be addressed simultaneously. One such approach is to use off-the-shelf electric thermal storage systems. This paper examines the potential of this approach by applying the output from a 5.15 MW wind farm to the residential heating demands of detached households in the Canadian province of Prince Edward Island. The paper shows that for the heating season considered, up to 500 households could have over 95 percent of their space heating demand met from the wind farm in question. The benefits as well as the limitations of the approach are discussed in detail. (author)

Market demands to Danish pork

DEFF Research Database (Denmark)

Bredahl, Lone

2001-01-01

position on its markets. It is expected that results of the analysis will be part of superior strategic decisions for the Danish pork sector as regards future Danish pork export markets. The market demands to be identified will therefore be evaluated in relation to resources and competences within the line...... of business. The study takes its starting point in a value chain perspective. The value chain covers the product- and distribution stages a product passes through before reaching the consumers. The value chain perspective presumes that added value is accumulated when a product passes through the stages...

Bayesian Analysis of Demand Elasticity in the Italian Electricity Market

OpenAIRE

D'Errico, Maria; Bollino, Carlo

2015-01-01

The liberalization of the Italian electricity market is a decade old. Within these last ten years, the supply side has been extensively analyzed, but not the demand side. The aim of this paper is to provide a new method for estimation of the demand elasticity, based on Bayesian methods applied to the Italian electricity market. We used individual demand bids data in the day-ahead market in the Italian Power Exchange (IPEX), for 2011, in order to construct an aggregate demand function at the h...

The effects of demand uncertainty on strategic gaming in the merit-order electricity pool market

Science.gov (United States)

Frem, Bassam

In a merit-order electricity pool market, generating companies (Gencos) game with their offered incremental cost to meet the electricity demand and earn bigger market shares and higher profits. However when the demand is treated as a random variable instead of as a known constant, these Genco gaming strategies become more complex. After a brief introduction of electricity markets and gaming, the effects of demand uncertainty on strategic gaming are studied in two parts: (1) Demand modelled as a discrete random variable (2) Demand modelled as a continuous random variable. In the first part, we proposed an algorithm, the discrete stochastic strategy (DSS) algorithm that generates a strategic set of offers from the perspective of the Gencos' profits. The DSS offers were tested and compared to the deterministic Nash equilibrium (NE) offers based on the predicted demand. This comparison, based on the expected Genco profits, showed the DSS to be a better strategy in a probabilistic sense than the deterministic NE. In the second part, we presented three gaming strategies: (1) Deterministic NE (2) No-Risk (3) Risk-Taking. The strategies were then tested and their profit performances were compared using two assessment tools: (a) Expected value and standard deviation (b) Inverse cumulative distribution. We concluded that despite yielding higher profit performance under the right conjectures, Risk-Taking strategies are very sensitive to incorrect conjectures on the competitors' gaming decisions. As such, despite its lower profit performance, the No-Risk strategy was deemed preferable.

Price-elastic demand in deregulated electricity markets

OpenAIRE

Siddiqui, Afzal S.

2003-01-01

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium mo...

Marketing demand management in the commercial sector

International Nuclear Information System (INIS)

Fraser, M.E.

1990-01-01

Ontario Hydro has a marketing strategy for designing and implementing demand side management (DSM) programs, which marks a turnaround from previous years when marketing efforts were concentrated on selling electricity. Starting in the 1980s, marketing activities consisted, in effect, of coordinating relations between the customer, the market, and the utility. To achieve a better understanding of the needs of customers, the nature of the energy market, and the utilization of energy, the utility conducted research on the decision-making process associated with consumer choices of energy systems. To develop relations with its clientele in the commercial sector, the utility published an information bulletin and prepared an energy guide. Along with this initiative, the number of energy advisers to the commercial sector was increased in Ontario Hydro's regional offices. To improve understanding of each segment of the commercial market, the utility contacted organizations representing each segment as well as broader based organizations with the objective of creating opportunities to address this market, for example at conferences. Because of this philosophy of satisfying and understanding customer needs, Ontario Hydro has been in the process of commercializing demand-side management. Its high-efficiency lighting program is a good example in this regard. From a strategy which focused on a simple reduction in lighting in the 1970s, the utility has turned toward promoting efficient high-quality lighting which better responds to industry needs, to the point where industry itself has begun to promote the program. Such a strategy benefits industry, customers, and Ontario Hydro's demand-side management programs

The development of demand elasticity model for demand response in the retail market environment

NARCIS (Netherlands)

Babar, M.; Nguyen, P.H.; Kamphuis, I.G.

2015-01-01

In the context of liberalized energy market, increase in distributed generation, storage and demand response has expanded the price elasticity of demand, thus causing the addition of uncertainty to the supply-demand chain of power system. In order to cope with the challenges of demand uncertainty

Analyses of demand response in Denmark[Electricity market

Energy Technology Data Exchange (ETDEWEB)

Moeller Andersen, F.; Grenaa Jensen, S.; Larsen, Helge V.; Meibom, P.; Ravn, H.; Skytte, K.; Togeby, M.

2006-10-15

Due to characteristics of the power system, costs of producing electricity vary considerably over short time intervals. Yet, many consumers do not experience corresponding variations in the price they pay for consuming electricity. The topic of this report is: are consumers willing and able to respond to short-term variations in electricity prices, and if so, what is the social benefit of consumers doing so? Taking Denmark and the Nord Pool market as a case, the report focuses on what is known as short-term consumer flexibility or demand response in the electricity market. With focus on market efficiency, efficient allocation of resources and security of supply, the report describes demand response from a micro-economic perspective and provides empirical observations and case studies. The report aims at evaluating benefits from demand response. However, only elements contributing to an overall value are presented. In addition, the analyses are limited to benefits for society, and costs of obtaining demand response are not considered. (au)

Demand Elasticity on the Transport Market

OpenAIRE

Teodor Perić; Nada Štrumberger

2002-01-01

The elasticity of demand for traffic se1vices is the adaptationof traffic supply to traffic demand. The elasticity of suchdemand is low which is specific of the transport market, especiallyfrom the aspect of designing traffic demand.The essence of the problem of low elasticity can be noticedin three basic properties:First, in the change of place which determines the traffic demandor traffic relation.Second is the continuity of the need to transport goods andpassengers.Third, the needs for tra...

Bayesian Analysis of Demand Elasticity in the Italian Electricity Market

Directory of Open Access Journals (Sweden)

Maria Chiara D'Errico

2015-09-01

Full Text Available The liberalization of the Italian electricity market is a decade old. Within these last ten years, the supply side has been extensively analyzed, but not the demand side. The aim of this paper is to provide a new method for estimation of the demand elasticity, based on Bayesian methods applied to the Italian electricity market. We used individual demand bids data in the day-ahead market in the Italian Power Exchange (IPEX, for 2011, in order to construct an aggregate demand function at the hourly level. We took into account the existence of both elastic and inelastic bidders on the demand side. The empirical results show that elasticity varies significantly during the day and across periods of the year. In addition, the elasticity hourly distribution is clearly skewed and more so in the daily hours. The Bayesian method is a useful tool for policy-making, insofar as the regulator can start with a priori historical information on market behavior and estimate actual market outcomes in response to new policy actions.

PULP DEMAND IN THE INTERNATIONAL MARKET

Directory of Open Access Journals (Sweden)

Edmilson Santos Cruz

2003-01-01

Full Text Available This study aimed at analyzing the international pulp market, taking into account themain exporting countries and importing regions, with the objective of estimating, for each market, theown-price and cross-price elasticity in relation to the demand of the pulp, differentiated for country oforigin. The model considers that imports are differentiated by origin; therefore they are not perfect substitutes. The demand from Europe, North America and the Rest of the World for the pulp from theUnited States,Canada, Sweden, Finland, Portugal and Brazil was inelastic. The Asian demand for thissome pulp was elastic. Europe and the Rest of the World showed negative cross-price elasticity, i. e.,and the imported pulp from other countries are complementary products. North America and Asiashowed positive crow-price elasticity, i. e., they consider the pulp produced in other countries assubstitute products. The net effect of the variation on the price of pulp in a country h, over the amountof pulp that goes to the region i depends on the matching of values related to the elasticity ofsubstitution and the price elasticity of the total demand.

Meeting increased demand.

Science.gov (United States)

Blair, Andrew

2004-07-01

New Zealand is a little country with a little economy but with a population that's rapidly aging. New Zealand's population is only 4.3 million people. It's GDP is only $US58.6 billion (2002). New Zealand's expenditure on health as a percentage of GDP is not out of line with that of other countries. As a nation we have been increasing expenditure on health over recent years. In 1990 we spent 7% of GDP on health. In 1995 that increased to 7.65% and is now 8.3%. However, in per capita terms our expenditure on health does not compare so well with like countries. The size of New Zealand's economy is restricting what our country spends on health. Health is already the second highest demand on the New Zealand tax dollar. The tolerance of New Zealanders would be challenged if a Government attempted to increase taxes further to meet the growing demands for expenditure on health, but at the same time the population's expectations are increasing. This is the challenging situation we face today. What lies ahead? Like all industrialized countries New Zealand is facing an aging population. The population below age 40 is decreasing, but it is increasing significantly over that age. 16% of the population is currently aged over 60. By 2051 this proportion will almost double to just over 31%. Coupled with the aging population is increased awareness and expectations, as access to options for treatment and technology becomes readily accessible to the population through such media as the internet. The extent of the impact of the aging population can be clearly represented by focusing on one specialty such as orthopaedics. The New Zealand Orthopaecic Association undertook a study in July 2003 which concluded (among other things) that as a result of the projected aging of the population, over the next 50 years: Musculo-skeletal operations will increase by over 30%. The number of hip replacements will nearly double. The incidence of osteoporosis will increase by a massive 201%. The number

Evolution and current status of demand response (DR) in electricity markets: Insights from PJM and NYISO

International Nuclear Information System (INIS)

Walawalkar, Rahul; Fernands, Stephen; Thakur, Netra; Chevva, Konda Reddy

2010-01-01

In electricity markets, traditional demand side management programs are slowly getting replaced with demand response (DR) programs. These programs have evolved since the early pilot programs launched in late 1990s. With the changes in market rules the opportunities have generally increased for DR for participating in emergency, economic and ancillary service programs. In recent times, various regulators have suggested that DR can also be used as a solution to meet supply - demand fluctuations in scenarios with significant penetration of variable renewable sources in grid. This paper provides an overview of the evolution of the DR programs in PJM and NYISO markets as well as analyzes current opportunities. Although DR participation has grown, most of the current participation is in the reliability programs, which are designed to provide load curtailment during peak days. This suggests that there is a significant gap between perception of ability of DR to mitigate variability of renewables and reality of current participation. DR in future can be scaled to play a more dynamic role in electricity markets, but that would require changes both on technology as well as policy front. Advances in building technologies and energy storage combined with appropriate price signals can lead to enhanced DR participation. (author)

Customer premises services market demand assessment 1980 - 2000: Volume 2

Science.gov (United States)

Gamble, R. B.; Saporta, L.; Heidenrich, G. A.

1983-01-01

Potential customer premises service (CPS), telecommunication services, potential CPS user classes, a primary research survey, comparative economics, market demand forcasts, distance distribution of traffic, segmentation of market demand, and a nationwide traffic distribution model are discussed.

Social marketing in travel demand management

DEFF Research Database (Denmark)

Thøgersen, John

2013-01-01

Social marketing is an increasingly popular means of Travel Demand Management (TDM) for promoting non-car modes of travel that has proven to be effective, in particular if combined with structural improvements. Successful social marketing is based on a thorough understanding of targeted people......’s needs, wants, and perceived barriers. It uses a combination of means to create an attractive offering tailored to these needs, wants, and perceived barriers. It applies established marketing techniques for catching attention to the offerings. However, there are limits to what social marketing can...... accomplish. In particular, social marketing is limited to cases where only perceived and not real barriers prevent people from using alternative travel modes. A review is given of research on and practical experiences of social marketing in TDM as a basis for evaluating its usefulness....

Hourly price elasticity pattern of electricity demand in the German day-ahead market

OpenAIRE

Knaut, Andreas; Paulus, Simon

2016-01-01

System security in electricity markets relies crucially on the interaction between demand and supply over time. However, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this article we quantify the short-run price elasticity of electricity demand in the German day-ahead market and show that demand is...

Demand Elasticity on the Transport Market

Directory of Open Access Journals (Sweden)

Teodor Perić

2002-09-01

Full Text Available The elasticity of demand for traffic se1vices is the adaptationof traffic supply to traffic demand. The elasticity of suchdemand is low which is specific of the transport market, especiallyfrom the aspect of designing traffic demand.The essence of the problem of low elasticity can be noticedin three basic properties:First, in the change of place which determines the traffic demandor traffic relation.Second is the continuity of the need to transport goods andpassengers.Third, the needs for transport may vmy according to thechanges in society and economy, and they also change thesources of traffic demand. Therefore, the elasticity of demandfor traffic se1vices is relatively low.

Market Design for Rapid Demand Response - The Case of Kenya

OpenAIRE

Kurt Nielsen; Tseganesh Wubale Tamirat

2014-01-01

We suggest a market design for rapid demand response in electricity markets. The solution consists of remotely controlled switches, meters, forecasting models as well as a flexible auction market to set prices and select endusers job by job. The auction market motivates truth-telling and makes it simple to involve the endusers in advance and to activate demand response immediately. The collective solution is analyzed and economic simulations are conducted for the case of Kenya. Kenya has been...

Supply and demand elasticities in the U.S. ethanol fuel market

International Nuclear Information System (INIS)

Luchansky, Matthew S.; Monks, James

2009-01-01

The market for ethanol has grown from approximately 1.2 billion gallons in 1997 to almost 5 billion gallons in 2006. With the huge increase in ethanol demand in recent years, the growth in derived demand for corn has driven up many food prices. This paper uses monthly data from 1997-2006 to estimate the market supply and demand for ethanol at the national level. The simultaneous determination of the supply and demand curves using two-stage least squares allows for the calculation of supply and demand-side elasticities, which are important results in light of the tremendous growth in this market and recent legislation concerning ethanol. (author)

Supply and demand elasticities in the U.S. ethanol fuel market

Energy Technology Data Exchange (ETDEWEB)

Luchansky, Matthew S. [University of Illinois at Urbana-Champaign49 Roger Adams Lab, 81-5600 S. Mathews Ave., Urbana, IL 61801 (United States); Monks, James [Robins School of Business, University of Richmond, Richmond, VA 23173 (United States)

2009-05-15

The market for ethanol has grown from approximately 1.2 billion gallons in 1997 to almost 5 billion gallons in 2006. With the huge increase in ethanol demand in recent years, the growth in derived demand for corn has driven up many food prices. This paper uses monthly data from 1997-2006 to estimate the market supply and demand for ethanol at the national level. The simultaneous determination of the supply and demand curves using two-stage least squares allows for the calculation of supply and demand-side elasticities, which are important results in light of the tremendous growth in this market and recent legislation concerning ethanol. (author)

Use of demand response in electricity markets

DEFF Research Database (Denmark)

Singh, Sri Niwas; Østergaard, Jacob

2010-01-01

Demand response (DR) can provide sufficient measure, if implemented successfully, to provide economic, secure and stable supply to the customers even under the variability of the generated output from renewable energy source such as wind and solar. However, there are several issues to be analyzed...... before DR implementation. This paper critically examines the present practices of the DR in the various electricity markets existing in the world including Europe. The prospect of DR in various market levels such as day-ahead (spot) market, hour-ahead market, real time/regulating market and ancillary...... market is analyzed. This paper also addresses the key issues and challenges in the implementation of DR in the electricity markets....

Demand response in a market environment

OpenAIRE

Larsen, Emil Mahler; Pinson, Pierre; Ding, Yi; Østergaard, Jacob

2016-01-01

This thesis addresses the design, deployment and benefits of demand response in a market environment. Demand response is consumption that can be controlled by an external stimulus in the power system. Flexible consumption is a useful tool for absorbing volatile power from renewable sources like wind power and photovoltaics, and dealing with decentralised activity like electric vehicle charging. Without flexible consumption or other new technologies like storage, there will be several occasion...

Customer premises services market demand assessment 1980 - 2000. Volume 1: Executive summary

Science.gov (United States)

Gamble, R. B.; Saporta, L.; Heidenrich, G. A.

1983-01-01

Estimates of market demand for domestic civilian telecommunications services for the years 1980 to 2000 are provided. Overall demand, demand or satellite services, demand for satellite delivered Customer Premises Service (CPS), and demand for 30/20 GHz Customer Premises Services are covered. Emphasis is placed on the CPS market and demand is segmented by market, by service, by user class and by geographic region. Prices for competing services are discussed and the distribution of traffic with respect to distance is estimated. A nationwide traffic distribution model for CPS in terms of demand for CPS traffic and earth stations for each of the major SMSAs in the United States are provided.

Worldwide satellite market demand forecast

Science.gov (United States)

Bowyer, J. M.; Frankfort, M.; Steinnagel, K. M.

1981-01-01

The forecast is for the years 1981 - 2000 with benchmark years at 1985, 1990 and 2000. Two typs of markets are considered for this study: Hardware (worldwide total) - satellites, earth stations and control facilities (includes replacements and spares); and non-hardware (addressable by U.S. industry) - planning, launch, turnkey systems and operations. These markets were examined for the INTELSAT System (international systems and domestic and regional systems using leased transponders) and domestic and regional systems. Forecasts were determined for six worldwide regions encompassing 185 countries using actual costs for existing equipment and engineering estimates of costs for advanced systems. Most likely (conservative growth rate estimates) and optimistic (mid range growth rate estimates) scenarios were employed for arriving at the forecasts which are presented in constant 1980 U.S. dollars. The worldwide satellite market demand forecast predicts that the market between 181 and 2000 will range from $35 to $50 billion. Approximately one-half of the world market, $16 to $20 billion, will be generated in the United States.

2009 reference case scenario : Canadian energy demand and supply to 2020 : an energy market assessment

International Nuclear Information System (INIS)

2009-01-01

The National Energy Board regulates the construction and operation of interprovincial and international oil and gas pipelines and power lines as well as the tolls and tariffs for the pipelines under its jurisdictions. The import and export of natural gas is also regulated by the NEB. The NEB examined the possible energy futures that might unfold for Canadians up to the year 2020. The factors that affect the supply of crude oil, natural gas, liquefied natural gas, electricity and coal in the short term were examined to determine the outlook for deliverability through 2020. The growing demand for energy was reviewed along with the adequacy of future energy supplies, and related issues of emerging technologies, energy infrastructure and energy exports. This assessment provided separate production outlooks for hydrocarbons, electricity and coal and outlined the key uncertainties to the supply outlook. The likely impact of recent economic, energy and policy trends on energy demand and supply were considered. It was concluded that energy markets in Canada will continue to function well. Energy prices will provide appropriate market signals for the development of energy resources to meet Canadian and export demand. A significant portion of Canadian demand for energy will be met by fossil fuels. However, the demand to move towards greener energy fuels should result in fewer greenhouse gas emissions. 1 tab., 27 figs.

Demand Response Within Current Electricity Wholesale Market Design

OpenAIRE

Ramos Gutierrez, Ariana Isabel; De Jonghe, Cedric; Six, Daan; Belmans, Ronnie

2013-01-01

The introduction of intermittent energy resources calls for the ability to modulate consumption patterns according to electricity availability. This paper provides a brief overview of the main electricity market design characteristics and places demand response within the framework of the existing timeline of market operation. The main differences between electricity markets lie in the price formation mechanisms where some markets pay-as- cleared and some pay- as- bid for the electricity tran...

Evaluating demand side measures in simulation models for the power market

International Nuclear Information System (INIS)

Wolfgang, Ove; Doorman, Gerard

2011-01-01

Increased energy efficiency is one of the pillars for reducing CO 2 emissions. However, in models for the electricity market like unit commitment and dispatch models, increased efficiency of demand results in a paradoxical apparent reduction of the total economic surplus. The reason is that these are partial models for the electricity market, which do not take into account the effect of the changes in other markets. This paper shows how the calculation of the consumer surplus in the electricity market should be corrected to take into account the effect in other markets. In different cases we study shifts in the demand curve that are caused by increased energy efficiency, reduced cost for substitutes to electricity and real-time monitoring of demand, and we derive the necessary correction. The correction can easily be included in existing simulation models, and makes it possible to assess the effect of changes in demand on economic surplus. (author)

Marketing Plan for Urheiluareena Oy

OpenAIRE

Venables, Simon

2013-01-01

The role of marketing is an essential part of any enterprise. Marketing is the key element that seeks to meet customer’s demand for a good or service to the supply of the good or service. Without Marketing a customer would not know of the product that would satisfy their need or demand for a product. It is this connection of meeting the desires of the customers with the capabilities and competences of the business that is the very core of the strategic marketing process. These two key factors...

Which electricity market design to encourage the development of demand response?

OpenAIRE

Vincent Rious, Fabien Roques and Yannick Perez

2012-01-01

Demand response is a cornerstone problem in electricity markets under climate change constraint. Most liberalized electricity markets have a poor track record at encouraging the deployment of smart meters and the development of demand response. In Europe, different models are considered for demand response, from a development under a regulated regime to a development under competitive perspectives. In this paper, focusing on demand response and smart metering for mid-size and small consumers,...

Which electricity market design to encourage the development of demand response?

OpenAIRE

Rious , Vincent; Perez , Yannick; Roques , Fabien

2015-01-01

International audience; Demand response is a cornerstone problem in electricity markets under climate change constraints. Most liberalized electricity markets have a poor track record at encouraging the deployment of smart meters and the development of demand response. In Europe, different models are considered for demand response, from a development under a regulated regime to a development under competitive perspectives. In this paper focusing on demand response and smart metering for mid-­...

Research on electricity market operation mechanism and its benefit of demand side participation

Science.gov (United States)

Han, Shuai; Yan, Xu; Qin, Li-juan; Lin, Xi-qiao; Zeng, Bo

2017-08-01

Demand response plays an important role in maintaining the economic stability of the system, and has the characteristics of high efficiency, low cost, fast response, good environmental benefits and so on. Demand side resource is an important part of electricity market. The research of demand side resources in our country is still in the initial stage, but the opening of the electricity sales side provides a broad prospect for the development of electricity market. This paper summarizes the main types of demand side resources in our country, analyzes the economic principle of demand response from the micro perspective, puts forward some suggestions on the operation mechanism of China’s demand side resources participating in the electricity market under the condition of electricity sales side opening, analyzes the current situation of pricing in the electricity wholesale market and sets up the pricing strategy of the centralized wholesale market with the demand side power supply participating in quotation, which makes the social and economic benefits reach the maximum.

DISCUSSANT'S COMMENTS FOR AMERICAN AGRICULTURAL ECONOMICS ASSOCIATION ANNUAL MEETING, SELECTED PAPERS SESSION SP-2BB: "FOOD DEMAND, FOOD POLICY, AND FOOD MARKET ISSUES"

OpenAIRE

Jonk, Yvonne

1998-01-01

These papers investigate issues in food demand, food processing, and food markets. Policy issues are examined, both in the context of the food stamp program in the domestic market and the industrial policy options in the food sector in emerging Central European economies. The Effect of an Electronic Benefit Transfer (EBT) System on Food Expenditure of Food Stamp Recipients: Evidence from the Maryland Statewide Implementation, J. William Levedahl. Incorporating Nutrients in Food Demand Analysi...

Nonlinear Pricing in Markets with Interdependent Demand

OpenAIRE

Shmuel S. Oren; Stephen A. Smith; Robert B. Wilson

1982-01-01

This paper provides a mathematical framework for modeling demand and determining optimal price schedules in markets which have demand externalities and can sustain nonlinear pricing. These fundamental economic concepts appear in the marketplace in the form of mutual buyers' benefits and quantity discounts. The theory addressing these aspects is relevant to a wide variety of goods and services. Examples include tariffs for electronic communications services, pricing of franchises, and royalty ...

A summary of demand response in electricity markets

International Nuclear Information System (INIS)

Albadi, M.H.; El-Saadany, E.F.

2008-01-01

This paper presents a summary of demand response (DR) in deregulated electricity markets. The definition and the classification of DR as well as potential benefits and associated cost components are presented. In addition, the most common indices used for DR measurement and evaluation are highlighted, and some utilities' experiences with different demand response programs are discussed. Finally, the effect of demand response in electricity prices is highlighted using a simulated case study. (author)

The power to choose. Demand response in liberalized electricity markets

International Nuclear Information System (INIS)

2003-01-01

Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers' inability to control demand, means that consumer behaviour is not reflected in the cost of energy. This study analyses the impact of price-responsive demand and shows how pricing, policy and technology can be used to inform consumer behaviour and choice. Informed choice and market-based valuation of electricity supply will ensure liberalized markets are competitive, efficient, less volatile and able to provide long term security of supply. Significant benefits will occur even if only 5% of customers become responsive to price-incentives and information. And customers will respond to well designed programs, thereby developing a role in ensuring efficient price formulation for electricity. This study analyses the economic, efficiency and security benefits and identifies the changes in electricity tariffs and the network infrastructure needed to achieve greater demand response

The global uranium market: supply and demand 1992-2010

International Nuclear Information System (INIS)

1994-06-01

This document looks at the supply of and demand for uranium on markets worldwide and covers the years 1992 to 2010. Uranium and nuclear fuel markets have become truly global with the inclusion of fuel cycle companies from Eastern Europe and the Commonwealth of Independent States (CIS) leading at the same time to additional supplies becoming available and new political constraints on uranium trading. This report includes new data from China, Eastern Europe and the CIS republics. As recycling plays on ever more important role, the global supply and demand balance for uranium and fuel services is altered. Prospects for nuclear power growth and for the uranium market in the next century remain uncertain. (UK)

Uranium resources and supply - demand to 2030

International Nuclear Information System (INIS)

Vance, R.

2010-01-01

Recent fluctuations in the market price for uranium have resulted in more activity in this sector over the past few years than in the preceding 20 years. Amidst this background, uranium demand is increasing. Construction of nuclear reactors is proceeding in some countries, ambitious expansion plans have been announced in others and the development of nuclear power programs to meet electricity demand and minimize greenhouse emissions in a cost effective manner is under consideration in many others. This paper reviews projections of nuclear growth and uranium demand and assesses the challenges faced by the uranium mining sector in meeting rising demand. Since the mid-1960 s, an international expert committee (the 'Uranium Group') formed by the OECD Nuclear Energy Agency and the International Atomic Energy Agency has published biennially comprehensive updates on global uranium resources, production and demand (the 'Red Book'). The most recent in this series, based on 2007 data and published in June 2008, includes a supply/demand projection to 2030. However, much has changed since the data were collected for this projection and an assessment of these changes and their impact on uranium production is included in this presentation. It is concluded that world identified uranium resources (5.45 million t U recoverable at costs up to US$130/kg U, or US$50/lb U 3 O 8 ) are adequate to meet projected future high case nuclear power requirements. However, recent financial market turmoil and lower uranium prices, the opaque nature of the uranium market itself, increased regulatory requirements, a scarcity of the required specialized labour and the fluctuating costs of raw materials makes the process of turning uranium resources in the ground into yellowcake in the can increasingly more challenging, particularly for new entrants. Considerable investment and expertise will be required to bring about the substantial increase in mine production required to meet future demand

Distributed Generation Market Demand Model (dGen): Documentation

Energy Technology Data Exchange (ETDEWEB)

Sigrin, Benjamin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Gleason, Michael [National Renewable Energy Lab. (NREL), Golden, CO (United States); Preus, Robert [National Renewable Energy Lab. (NREL), Golden, CO (United States); Baring-Gould, Ian [National Renewable Energy Lab. (NREL), Golden, CO (United States); Margolis, Robert [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-02-01

The Distributed Generation Market Demand model (dGen) is a geospatially rich, bottom-up, market-penetration model that simulates the potential adoption of distributed energy resources (DERs) for residential, commercial, and industrial entities in the continental United States through 2050. The National Renewable Energy Laboratory (NREL) developed dGen to analyze the key factors that will affect future market demand for distributed solar, wind, storage, and other DER technologies in the United States. The new model builds off, extends, and replaces NREL's SolarDS model (Denholm et al. 2009a), which simulates the market penetration of distributed PV only. Unlike the SolarDS model, dGen can model various DER technologies under one platform--it currently can simulate the adoption of distributed solar (the dSolar module) and distributed wind (the dWind module) and link with the ReEDS capacity expansion model (Appendix C). The underlying algorithms and datasets in dGen, which improve the representation of customer decision making as well as the spatial resolution of analyses (Figure ES-1), also are improvements over SolarDS.

Market values summary/October market review/current market data

International Nuclear Information System (INIS)

Anon.

1994-01-01

This article is the October uranium market summary. During this period, volume increased to 2.2 Mlb U3O8 on the spot concentrates market. The unrestricted and restricted exchange values remained steady at $7.00 and $9.05 per pound U3O8 respectively. There were two UF6 deals during this period, and with supply more than adequate to meet the demand, the restricted UF6 price remained unchanged at $29.00 per kgU as UF6. The unrestricted value increased slightly to $24.50. The conversion value was unchanged, and the enrichment services market/prices weakened. Both active supply and demand decreased during this period

Modeling of demand response in electricity markets : effects of price elasticity

International Nuclear Information System (INIS)

Banda, E.C.; Tuan, L.A.

2007-01-01

A design mechanism for the optimal participation of customer load in electricity markets was presented. In particular, this paper presented a modified market model for the optimal procurement of interruptible loads participating in day-ahead electricity markets. The proposed model considers the effect of price elasticity and demand-response functions. The objective was to determine the role that price elasticity plays in electricity markets. The simulation model can help the Independent System Operator (ISO) identify customers offering the lowest price of interruptible loads and load flow patterns that avoid problems associated with transmission congestion and transmission losses. Various issues associated with procurement of demand-response offerings such as advance notification, locational aspect of load, and power factor of the loads, were considered. It was shown that demand response can mitigate price volatility by allowing the ISO to maintain operating reserves during peak load periods. It was noted that the potential benefits of the demand response program would be reduced when price elasticity of demand is taken into account. This would most likely occur in actual developed open electricity markets, such as Nordpool. This study was based on the CIGRE 32-bus system, which represents the Swedish high voltage power system. It was modified for this study to include a broad range of customer characteristics. 18 refs., 2 tabs., 14 figs

An assessment of market and policy barriers for demand response providing ancillary services in U.S. electricity markets

International Nuclear Information System (INIS)

Cappers, Peter; MacDonald, Jason; Goldman, Charles; Ma, Ookie

2013-01-01

An impact of increased variable renewable generation is the need for balancing authorities to procure more ancillary services. While demand response resources are technically capable of providing these services, current experience across the U.S. illustrates they are relatively minor players in most regions. Accessing demand response resources for ancillary services may require a number of changes to policies and common practices at multiple levels. Regional reliability councils must first define ancillary services such that demand response resources may provide them. Once the opportunity exists, balancing authorities define and promulgate rules that set the infrastructure investments and performance attributes of a resource wishing to provide such services. These rules also dictate expected revenue streams which reveal the cost effectiveness of these resources. The regulatory compact between utility and state regulators, along with other statutes and decisions by state policymakers, may impact the interest of demand response program providers to pursue these resources as ancillary service providers. This paper identifies within these broad categories specific market and policy barriers to demand response providing ancillary services in different wholesale and retail environments, with emphasis on smaller customers who must be aggregated through a program provider to meet minimum size requirements for wholesale transactions. - Highlights: • We identify barriers keeping demand response from providing ancillary services. • Institutional, financial and program provider business model barriers exist. • Product definitions and rules do not always accommodate demand response well. • Expected revenues are uncertain and may not exceed required investments costs. • Regulatory compact and state statutes limit opportunities for program providers

Supply and demand perspectives

International Nuclear Information System (INIS)

Trienekens, Pieter

1999-01-01

The outlook for the European gas market is one of steady growth. This growth will manifest itself in all regions and in all sectors of the market, but most strongly in the power generating sector. To meet future demand, it is necessary to bring gas to Western Europe from remote sources in Russia, North Africa and Norway. These new gas supplies require heavy investments in production and transportation, which can only be undertaken on the basis of long-term take-or-pay contracts. Famous examples of such contracts are the development of the Troll field, the Yamal-Europe pipeline connection, and the bringing on stream of Nigerian LNG for Europe. Tensions are likely to arise between the nature of these long-term gas contracts and the dynamic nature of demand in the gas market, and more specifically in the main growth market, the power sector. The presentation further elaborates on the tensions underlying supply and demand in the years to come

Petroleum labour market information supply demand analysis 2009-2020

International Nuclear Information System (INIS)

2010-03-01

Since 2006, the petroleum industry has been interested in collaboration to determine labour demand and supply/demand gaps for the upstream petroleum industry. In 2006, the petroleum industry experienced strong employment growth and was having difficulty finding workers. Comprehensive, up-to-date labour market information and analysis are the key foundation for addressing labour supply/demand issues. This document presented labour market information on the petroleum industry in order to inform company retention and recruitment offices; government departments involved in development of labour market policies and programs; education and training institutions; guidance counsellors, employment centres and organizations that work with youth and labour supply pools; and job seekers. Specific topics that were discussed included two industry scenarios (growth and base case) in determining the petroleum industry's medium-and long-term employment needs; labour supply/demand considerations for the industry as a whole and an industry-wide cost management; and an analysis of exploration and production, oil sands, services, and pipeline sectors to 2020. It was concluded that while new employment is not expected to lead to labour shortages within the pipeline sector, attrition due to requirements almost certainly would. In the growth scenario, it is likely the pipeline sector will be challenged by competition from the other petroleum industry sectors. tabs., figs., appendices.

Petroleum labour market information supply demand analysis 2009-2020

Energy Technology Data Exchange (ETDEWEB)

NONE

2010-03-15

Since 2006, the petroleum industry has been interested in collaboration to determine labour demand and supply/demand gaps for the upstream petroleum industry. In 2006, the petroleum industry experienced strong employment growth and was having difficulty finding workers. Comprehensive, up-to-date labour market information and analysis are the key foundation for addressing labour supply/demand issues. This document presented labour market information on the petroleum industry in order to inform company retention and recruitment offices; government departments involved in development of labour market policies and programs; education and training institutions; guidance counsellors, employment centres and organizations that work with youth and labour supply pools; and job seekers. Specific topics that were discussed included two industry scenarios (growth and base case) in determining the petroleum industry's medium-and long-term employment needs; labour supply/demand considerations for the industry as a whole and an industry-wide cost management; and an analysis of exploration and production, oil sands, services, and pipeline sectors to 2020. It was concluded that while new employment is not expected to lead to labour shortages within the pipeline sector, attrition due to requirements almost certainly would. In the growth scenario, it is likely the pipeline sector will be challenged by competition from the other petroleum industry sectors. tabs., figs., appendices.

MARKETING RESEARCHES OF THE POPULATIONS HEALTH STATE AS A FACTOR OF DEMAND FORMATION IN THE MARKET OF PAID MEDICAL SERVICES

Directory of Open Access Journals (Sweden)

Nataliia Hrechanyk

2017-08-01

Full Text Available The state of health of the population is one of the most important indicators of the well-being of the nation. Important directions of health care reform are optimization of management, rational distribution of limited financial resources, efficient use of material resources, introduction of health insurance, restructuring of treatment and preventive care to the people. Marketing of medical services market is one of the most complex types of marketing. Because it is medical services that are connected with the protection and maintenance of the most important values ​​of a person - life and health. The market for medical services is a combination of socio-economic relations in the healthcare sector. The most important components of the analysis of any market, including the market of medical services, are marketing research, which is a systematic collection, processing, analysis of data and information in order to formulate proposals for effective activities on it. In the field of public health, marketing can be defined as a complex process of planning, economic substantiation and management of the process of provision of medical services, the formation of a pricing policy of the medical-preventive process, ensuring effective communication with patients. The purpose of the study is to identify the health of the population and determine the demand factors for paid health services and their demand. The main task set before market research on the health of the population is the formation and provision of benefits to consumers that meet their needs for qualified medical care and quality of life. The research methods used in the work are based on probabilistic, stratified, quota, representative samples for the entire population of Ivano-Frankivsk and Ivano-Frankivsk region. The obtained results allow us to give a realistic assessment of the main trends and allow us to assess the potential of socio-economic adaptation of the population in the

Demand response in liberalized electricity markets - the Nordic case

International Nuclear Information System (INIS)

Bjoerndal, Mette; Lund, Arne-Christian; Rud, Linda

2005-01-01

The liberalization of the Nordic electricity markets started with the deregulation of the Norwegian market, and the later inclusion of Sweden, Denmark and Finland in The Nord Pool area has provided a truly international marketplace, where prices are quoted for all the Nordic countries except Iceland. The structure of the Norwegian supply side was a favorable starting point for the liberalization process with many independent (hydropower) producers and, following the Energy Act of 1991, the vertical separation of competitive production on the one hand and regulated transmission / distribution one the other hand (implemented as a requirement of separation of financial accounts). Moreover, since the mid 1990s (unregulated) retail competition has provided market based price-signals to customers, even to individual households. In this paper we will focus on the potential benefits of demand flexibility in order to enhance the performance of the electricity market in attaining optimal operation and development of the electricity system. These benefits will depend on the price elasticity of the demand. However, whether it is possible to act on price changes also depends on the information provided to and from the customers. Especially for short run flexibility, this may require two way communication devises for larger customer groups, which raises questions like who is to pay for the investments needed, and who will benefit from them. Demand response also depends on the marginal signals resulting from the different contracts offered to the customers. Today this includes ''variable'' price, spot price (based on Nord Pool Elspot) and fixed price contracts. Customer flexibility depends on the possibility of substitution for instance to other fuels / alternative energy provisions. Finally, flexibility will differ between customer classes, for instance households, industry, power intensive industry etc. In this paper we investigate demand response and customer flexibility in

Simulation of demand side participation in Spanish short term electricity markets

International Nuclear Information System (INIS)

Valencia-Salazar, I.; Alvarez, C.; Escriva-Escriva, G.; Alcazar-Ortega, M.

2011-01-01

Highlights: → Benefits from customer active participation can be obtained with a proper generation of bids and offers. → Simulation of Spanish customers' participation is shown in daily, intra-daily and balancing markets. → Market efficiency and economics profits arise in balancing markets by using customer load reductions. → Real market prices and real customers' consumptions profiles are used in the simulations. -- Abstract: Demand response resources management is one of the most investigated solutions oriented to improve the efficiency in electricity markets. In this paper, the capability of customers to participate in short term markets is analyzed. An available methodology to analyze the daily and monthly energy consumptions of large customers is used to create energy offers and bids. This allows customers to participate in energy markets in order to buy, as first step, the usual electricity consumption and, additionally, to offer demand reductions in the short term electricity markets. Additionally, this paper shows the customer potential to participate in the Spanish electricity markets.

Methodology of demand forecast by market analysis of electric power and load curves

International Nuclear Information System (INIS)

Barreiro, C.J.; Atmann, J.L.

1989-01-01

A methodology for demand forecast of consumer classes and their aggregation is presented. An analysis of the actual attended market can be done by appropriate measures and load curves studies. The suppositions for the future market behaviour by consumer classes (industrial, residential, commercial, others) are shown, and the actions for optimise this market are foreseen, obtained by load curves modulations. The process of future demand determination is obtained by the appropriate aggregation of this segmented demands. (C.G.C.)

Market power, inelastic income elasticity of demand, and terms of trade

OpenAIRE

Kujal, Praveen; Michelitsch, Roland

1996-01-01

The "Theory of Unequal Exchange" predicts that terms of trade for the producer of primary commodities worsen over time given the low income elasticity of demand for primary product exports and the market power of the industrialized countries. We set up a laboratory economy to test the influence of market power and low income elasticity of demand on trade. An experimental

Research on green supply chain coordination strategy for uncertain market demand.

Science.gov (United States)

Cao, Jian; Chen, Yangyang; Lu, Bo; Tong, Chenlu; Zhou, Gengui

2015-03-01

Based on the status that the green market began to develop (e.g. pharmaceutical industry) in Mainland China, the paper mainly discusses how members of the green supply chain (GSC) cooperate effectively in the process of the supply chain operations. For the uncertainties existing in the market demand of the green products, the GSC coordination strategy is put forward based on the Stackelberg game that the manufacturer is the leader and distributors are the followers. The relationship between the proposed coordination strategy and several factors including the distributor's amount, the distributor's risk aversion and the uncertainties of market demand are analyzed. It indicates that, when there are uncertainties existing in the market demand of the green product, the revenue of each enterprise, the overall revenue and the customer's welfare all decrease; while the increase in the number of distributors and low risk aversion of them are beneficial to the entire GSC and the customer. The conclusions have good guidance for the operational decisions of the green supply chain when the green market is in its initial formation.

Controlling market power and price spikes in electricity networks: Demand-side bidding.

Science.gov (United States)

Rassenti, Stephen J; Smith, Vernon L; Wilson, Bart J

2003-03-04

In this article we report an experiment that examines how demand-side bidding can discipline generators in a market for electric power. First we develop a treatment without demand-side bidding; two large firms are allocated baseload and intermediate cost generators such that either firm might unilaterally withhold the capacity of its intermediate cost generators from the market to benefit from the supracompetitive prices that would result from only selling its baseload units. In a converse treatment, ownership of some of the intermediate cost generators is transferred from each of these firms to two other firms such that no one firm could unilaterally restrict output to spawn supracompetitive prices. Having established a well controlled data set with price spikes paralleling those observed in the naturally occurring economy, we also extend the design to include demand-side bidding. We find that demand-side bidding completely neutralizes the exercise of market power and eliminates price spikes even in the presence of structural market power.

[Introducing marketing strategies and techniques into the field of voluntary blood donation, to meet the rise in blood demand].

Science.gov (United States)

Pesavento, S; Bégué, L

2011-04-01

Social marketing uses marketing principles and techniques to induce a target audience to voluntary accept, reject, change or abandon a behaviour for the benefit of individuals, groups, or society as a whole. Thus, individual or societal gain is the primary goal of social marketing. This kind of marketing is frequently used in the United States or in Canada in several fields such as healthcare, social work, or the environment. In 2008, we introduced these strategies and techniques in the field of blood donation in France. This article describes what has been achieved in the last three years and outlines the main steps in the social marketing planning process: analyzing the social marketing environment, defining target audiences and objectives, building and implementing strategies and action plans, evaluating and monitoring. On the way to self-sufficiency, while respecting donors, social marketing is additional to the work done by the blood collection staffs, communication teams, and volunteers. Social marketing is a complementary tool to the work done by the blood collection staff, communication teams and blood donation organizations and can help to meet the challenge of self-sufficiency while still allowing for the privacy and rights of donors. Copyright © 2011. Published by Elsevier SAS.

Single-Family Houses That Meet The Future Energy Demands

DEFF Research Database (Denmark)

Rose, Jørgen; Svendsen, Svend

2002-01-01

). Before any further tightening of the regulations are introduced, however, it is necessary to illustrate the consequences of such actions with regard to finance, building technology, indoor climate and comfort. Therefore a series of investigations and experimental projects are being launched, in order...... to examine these consequences thoroughly. The department is presently contributing to this end by participating in quite a few investigative projects, where single-family houses are designed to meet the proposed future energy demands. This paper describes the results obtained from one such project where...... the department, in co-operation with a major building entrepreneur, has developed a single-family house that shows that there are no evident problems in meeting the future energy demands....

CRISP. Market-oriented online supply-demand matching

International Nuclear Information System (INIS)

Kamphuis, I.G.; Kester, J.C.P.; Carlsson, P; Akkermans, H.

2004-04-01

Current power distribution systems are operated in a top-down manner. Power production control and price formation take place on a central level on the basis of relatively static data from a data collection and dispatching network with a limited scope and granularity. When incorporating a more considerable fraction of small-scale producers on the basis of, for instance, renewable energy, operation of the distribution grid requires more data to be collected from a more extensive information and data communication network. Furthermore, increased local flows, in the form of two-way communication with distributed computation techniques, enable a more dynamic adaptation in power supply and demand patterns paving the way to a flexible way of embedding of ill-predictable supply of some types of renewable energy sources. DSM-programs have been in use in the utility sector for years now. In this document, first, current Demand Side Management (DSM) and Demand Response Resource (DRR) techniques are discussed; then, supply side management especially in a DG (Distributed Generation) context is treated. A framework of novel concepts and possible technology directions is presented subsequently and some preliminary scenarios are shown to illustrate these concepts. An overview of more flexible supply and demand matching schemes is given essentially based on four distinct types of SDM clusters. It appears, that it is possible to fulfil requirements for these distributed environments in terms of needed information and communication technology, ICT, if these are paralleled with the expected future penetration of ever-smaller scale data-exchange networks at power customer sites. Agent technology using algorithms from micro-economic market theory offers a promising possibility for managing the complexity of price formation and supply demand matching in these fine-grained bottom-up control distribution networks. Implication of these technical developments in terms of market and business

Marketing analysis of the demand for housing under construction in Chelyabinsk

Directory of Open Access Journals (Sweden)

Trofimenko Elena Jur'evna

2015-04-01

Full Text Available In the article the urgency of studying the demand for housing under construction in Chelyabinsk, studied Rosreestra data on quantity of completed contracts for the purchase of property, assess the current state of the real estate market in Chelyabinsk; consumer demand in the property market in Chelyabinsk (size, structure; socio-demographic characteristics of consumers of residential property; consumer preferences when buying a residential property.

Embedded generation for industrial demand response in renewable energy markets

International Nuclear Information System (INIS)

Leanez, Frank J.; Drayton, Glenn

2010-01-01

Uncertainty in the electrical energy market is expected to increase with growth in the percentage of generation using renewable resources. Demand response can play a key role in giving stability to system operation. This paper discusses the embedded generation for industrial demand response in renewable energy markets. The methodology of the demand response is explained. It consists of long-term optimization and stochastic optimization. Wind energy, among all the renewable resources, is becoming increasingly popular. Volatility in the wind energy sector is high and this is explained using examples. Uncertainty in the wind market is shown using stochastic optimization. Alternative techniques for generation of wind energy were seen to be needed. Embedded generation techniques include co-generation (CHP) and pump storage among others. These techniques are analyzed and the results are presented. From these results, it is seen that investment in renewables is immediately required and that innovative generation technologies are also required over the long-term.

GREEN MARKETING TO MEET CONSUMER DEMANDS AND SUSTAINABLE DEVELOPMENT-CHALLENGES AND OPPORTUNITIES

OpenAIRE

M. D. Pradeep; Akhilesh Suresh A Kuckian

2016-01-01

Green Marketing has evolved special implications in the modern market. Green indicates purity by means of quality, fairprice and worthy in dealings. Green marketing focus to market eco-friendly products to satisfy the needs and wants of customers. It adopts innovative techniques of product modification, dynamic product processes, maintaining sustainability and diversified ways of advertising etc. The vision of Green marketing is doing business along with protecting ecological environment. Pre...

Meeting the near-term demand for hydrogen using nuclear energy in competitive power markets

International Nuclear Information System (INIS)

Miller, A.I.; Duffey, R.B.

2004-01-01

Hydrogen is becoming the reference fuel for future transportation and the timetable for its adoption is shortening. However, to deploy its full potential, hydrogen production either directly or indirectly needs to satisfy three criteria: no associated emissions, including CO 2 ; wide availability; and affordability. This creates a window of great opportunity within the next 15 years for nuclear energy to provide the backbone of hydrogen-based energy systems. But nuclear must establish its hydrogen generating role long before the widespread deployment of Gen IV high-temperature reactors, with their possibility of producing hydrogen directly by heat rather than electricity. For Gen IV the major factors will be efficiency and economic cost, particularly if centralized storage is needed and/or credits for avoided emissions and/or oxygen sales. In the interim, despite its apparently lower overall efficiency, water electrolysis is the only available technology today able to meet the first and second criteria. The third criterion includes costs of electrolysis and electricity. The primary requirements for affordable electrolysis are low capital cost and high utilisation. Consequently, the electricity supply must enable high utilisation as well as being itself low-cost and emissions-free. Evolved Gen III+ nuclear technologies can produce electricity on large scales and at rates competitive with today's CO 2 -emitting, fossil-fuelled technologies. As an example of electrolytic hydrogen's potential, we show competitive deployment in a typical competitive power market. Among the attractions of this approach are reactors supplying a base-loaded market - though permitting occasional, opportunistic diversion of electricity during price spikes on the power grid - and easy delivery of hydrogen to widely distributed users. Gen IV systems with multiple product streams and higher efficiency (e.g., the SCWR) can also be envisaged which can use competitive energy markets to advantage

Demand and supply in Russian gas market

International Nuclear Information System (INIS)

Milovidov, K.N.

1997-01-01

The big volume of gas supplies for current and future energy and natural gas balances in Russia is important to understand the likely future dynamics of demand for gas. The path of future demand in Russia is uncertain and the range of possible scenarios is wide. For creating the new gas consumption structure, more deep diversification and development of the gas distribution systems, large investments and considerable periods of time are necessary. The factors usually studied in detail in the conditions of market economy can not be used here as a basis for strategic planning due to several reasons. (R.P.)

Assessing long-term effects of demand response policies in wholesale electricity markets

International Nuclear Information System (INIS)

Cepeda, Mauricio; Saguan, Marcelo

2014-05-01

This paper deals with the practical problems related to long-term issues in electricity markets in the presence of demand response development. Different policies have been implemented around the world aiming to develop demand response potential. Externalities, in particular the CO_2 externality, have been one of the key elements in the debate on the effectiveness of different policies regarding demand response development. Policy makers have several options to deal with this externality. The most direct one is to correct the externality by setting a CO_2 price at a level that corresponds to the cost to society of the corresponding CO_2 emissions. One alternative solution could be to subsidize carbon-free technologies as demand response. In this paper we examine potential long-term impacts of these two policies. We rely on a long-term market simulation model that characterizes expansion decisions in a competitive regime. We test for each policy two different scenarios regarding the possibility of internalization of the CO_2 externality. The results show that differences in development policies affect both investments and social costs in the wholesale electricity market and confirm previous findings that a market-driven development of demand response with the internalization of the CO_2 externality is the most efficient approach. (authors)

Demand response in U.S. electricity markets: Empirical evidence

International Nuclear Information System (INIS)

Cappers, Peter; Goldman, Charles; Kathan, David

2010-01-01

Empirical evidence concerning demand response (DR) resources is needed in order to establish baseline conditions, develop standardized methods to assess DR availability and performance, and to build confidence among policymakers, utilities, system operators, and stakeholders that DR resources do offer a viable, cost-effective alternative to supply-side investments. This paper summarizes the existing contribution of DR resources in U.S. electric power markets. In 2008, customers enrolled in existing wholesale and retail DR programs were capable of providing ∝38,000 MW of potential peak load reductions in the United States. Participants in organized wholesale market DR programs, though, have historically overestimated their likely performance during declared curtailments events, but appear to be getting better as they and their agents gain experience. In places with less developed organized wholesale market DR programs, utilities are learning how to create more flexible DR resources by adapting legacy load management programs to fit into existing wholesale market constructs. Overall, the development of open and organized wholesale markets coupled with direct policy support by the Federal Energy Regulatory Commission has facilitated new entry by curtailment service providers, which has likely expanded the demand response industry and led to product and service innovation. (author)

Empirical analysis of the spot market implications of price-responsive demand

International Nuclear Information System (INIS)

Siddiqui, A.S.

2006-01-01

Although electricity is theoretically an inelastic good in the short term, the steep slope of the supply stack implies that even modest response by demand could translate into reduced capacity requirements and significant price decreases. This article examined the effect of price-responsive demand strategies in an actual deregulated electricity industry. Auction data from the New York Independent System Operator (NYISO) day-ahead electricity market were used to form supply stacks for various zones. A simple linear demand function was used to determine the effect of price responsiveness on equilibrium spot market price and consumption. The aim was to quantify the benefits from the pricing protocol and to determine whether modest levels of price elasticity can significantly lower prices and consumption. Market-clearing prices and quantities were estimated using various supply curves in order to quantify the responsiveness necessary to achieve given price reductions. Price response was induced in the demand curve by varying its slope. Estimates were then used to estimate the average level of slope needed to reduce the average market-clearing price during the year by a certain percentage. Results showed that an average slope of -50.04 was necessary for prices to be reduced by 25 per cent. Results also showed that necessary price responses can be ascertained for any desired reduction in the market-clearing price or quantity. Although price responsiveness unambiguously reduces the spot market price and quantity, its effect on the forward price is not yet clear. It was concluded that a separate analysis of peak hours may reveal the effectiveness of enhanced price response. 8 refs., 1 tab., 8 figs

Ecosystem service markets 101: supply and demand for nature

Science.gov (United States)

Rhonda Mazza; Jeff Kline; Trista Patterson

2012-01-01

Establishing markets for ecosystem services—the benefits that nature provides, such as clean air, water, and wildlife habitat—has gained traction in some circles as a way to finance the conservation of these public goods. Market influences on supply and demand work in tandem to encourage ecosystem protection. Jeff Kline and Trista Patterson, scientists with the...

Supply/Demand in Radiology: A Historical Perspective and Comparison to other Labor Markets.

Science.gov (United States)

Sharafinski, Mark E; Nussbaum, David; Jha, Saurabh

2016-02-01

There has been attention on the job market recently and on radiology's supply/demand calculus. Supply is influenced by the number of trained radiologists, while demand is driven by demographics and technological innovation. We analyze the supply of radiologists historically and compare to other labor markets-medical and non-medical, domestic and foreign. We review National Resident Matching Program data in radiology and several other specialties from 1991 to 2015. We also review surveys, physician recruitment data, and peer-reviewed commentaries on medical specialty job markets. Trends are compared across specialties. The regulation of American medical training is compared to that in the United Kingdom and to a nonmedical labor market, unionized theatrical stage employees. Radiology residency positions have increased since 1998 despite a downturn in the job market. This expansion coincides with a decreasing percentage of positions filled by domestic graduates. A similar trend has been seen in pathology, a notoriously oversupplied specialty. Conversely, other specialties have maintained their proportion of domestic graduates by way of limited supply or implicit demand. The radiology job market is currently oversupplied, primarily a result of increasing residency positions despite indicators of decreasing demand. The percentage of residency positions filled by domestic graduates has decreased during the same period, suggesting that medical student interest is responsive to the market. Other specialties, particularly pathology, demonstrate the dangers of chronic oversupply. We advocate a reduction of radiology residency positions such that supply closely approximates demand without exceeding it. Additional measures may be taken, if necessary, to restore market equilibrium in the event of a mild undersupply. Copyright © 2015 The Association of University Radiologists. Published by Elsevier Inc. All rights reserved.

Forestry policy and woodfuel markets in Malawi

International Nuclear Information System (INIS)

Dewees, P.A.

1995-01-01

Forestry and energy policies in Malawi place the blame for the country's high rate of deforestation on the demand for woodfuel. The government has been involved in a range of questionable supply-side initiatives, as well as in a number of interventions in woodfuel markets, with the objective of slowing rates of deforestation. It seeks to encourage farmers to grow woodfuel to meet market demands, and has provided subsidies to do so. The Forest Department has kept prices for firewood from its plantations low, both in order to discourage the market for wood from free resources and because of concerns about the impact of high producer prices on the urban poor. In doing so, the government is less able to rely on the market to provide producers with the incentive to plant trees to meet market demands. In any event, the market accounts for a relatively small proportion of total woodfuel demand. Policies do not distinguish between rural household demands and the specific market demands which are having the greatest impact on deforestation: woodfuel for urban markets, for tobacco curring, and for small industries. These, coupled with the expansion of the estate sector, have had a far greater impact on woodland clearance than rural, subsistence woodfuel demands. Rural household energy demands need to be addressed from a much broader perspective which considers the household's larger needs for tree based products or outputs: income, food, fibre, fodder, soil fertility, as well as for fuel. (author). 24 refs, 3 figs, 2 tabs

How do Dutch regional labour markets adjust to demand shocks?

NARCIS (Netherlands)

Broersma, Lourens; Dijk, Jouke van

2002-01-01

This paper analyses the response of regional labour markets in The Netherlands to region specific labour demand shocks. Whereas previous studies analyse only average patterns of all regions in a country, this paper provides also a more in debt analysis of within country differences in labour market

Empirical studies on the labor market and on consumer demand

NARCIS (Netherlands)

Gong, X.

2001-01-01

The thesis covers three topics on the labour market and on consumer demand. Chapters two and three focus on the labour market mobility and wage differentials between the formal sector and the informal sector in urban Mexico. Dynamic random effects panel data models are used in the analysis. Chapters

Global gas processing will strengthen to meet expanding markets

International Nuclear Information System (INIS)

Haun, R.R.; Otto, K.W.; Whitley, S.C.; Gist, R.L.

1996-01-01

The worldwide LPG industry continues to expand faster than the petroleum industry -- 4%/year for LPG vs. 2%/year for petroleum in 1995 and less than 1%/year in the early 1990s. This rapid expansion of LPG markets is occurring in virtually every region of the world, including such developing countries as China. The Far East is the focus of much of the LPG industry's attention, but many opportunities exist in other regions such as the Indian subcontinent, Southeast Asia, and Latin America. The investment climate is improving in all phases of downstream LPG marketing, including terminaling, storage, and wholesale and retail distribution. The world LPG supply/demand balance has been relatively tight since the Gulf War and should remain so. Base demand (the portion of demand that is not highly price-sensitive) is expanding more rapidly than supplies. As a result, the proportion of total LPG supplies available for price-sensitive petrochemical feedstock markets is declining, at least in the short term. The paper discusses importers, price patterns, world LPG demand, world LPG supply, US NGL supply, US gas processing, ethane and propane supply, butane, isobutane, and natural gasoline supply, and US NGL demand

Demand Intensity, Market Parameters and Policy Responses towards Demand and Supply of Private Supplementary Tutoring in China

Science.gov (United States)

Kwok, Percy Lai Yin

2010-01-01

Based on some longitudinal studies of private tutoring in twelve cities, towns, municipalities and provinces of China, the paper endeavours to depict demand intensity, articulate market parameters and reflect on policy responses towards the demand-supply mechanism of the vast shadowy educational phenomena at primary and secondary levels. Such…

A PROBABILISTIC DEMAND APPLICATION IN THE AMERICAN CRACKER MARKET

Directory of Open Access Journals (Sweden)

Rutherford Cd. Johnson

2016-07-01

Full Text Available Knowledge of the distribution of consumer buying strategies by producers may permit improved marketing strategies and improved ability to respond to volatile market conditions. In order to investigate potential ways of gaining such knowledge, this study extends the work of Kahneman, Russell, and Thaler through the application of a probabilistic demand framework using Choice Wave theory, based on the Schrödinger Wave Equation in quantum mechanics. Probabilistic variability of response to health information and its potential influence on buying strategies is also investigated, extending the work of Clement, Johnson, Hu, Pagoulatos, and Debertin. In the present study, the domestic cracker market within fourteen U.S. metropolitan areas is segmented, using the Choice Wave Probabilistic Demand approach, into two statistically independent “Consumer Types” of seven metropolitan areas each. The two Consumer Types are shown to have statistically different elasticities than each other and from the combined market as a whole. This approach may provide not only improved marketing strategies through improved awareness of consumer preferences and buying strategies, especially in the volatile agricultural sector, but also may be useful in aiding producers of store brand/private label products in finding desirable markets in which to compete against national brands. The results also suggest that supply/producer-side strategies should take into account the ways in which information, whether under the direct control of the producer or not, may influence and change consumer buying strategies.

Current supply/demand outlook and its impact on gas marketing strategies

International Nuclear Information System (INIS)

Maffitt, D.

1994-01-01

The current supply/demand outlook for natural gas in Canada is discussed, starting with a review of natural gas supply trends since the deregulation of the market in 1985/86. Market demand trends and expansion of export pipeline capacity are summarized to demonstrate how radically the North American gas marketing industry has changed in the last decade. As of January 1st 1993, Canada ranked eleventh in the world with respect to remaining natural gas reserves (96 Tft 3 ), which represents only 2% of global gas reserves. Canada ranks third in gas production (5 Tft 3 /y), behind the USA and former Soviet Union (19 and 29 Tft 3 /y, respectively). In western Canada, gas production rates have increased 75% since deregulation. Canadian domestic demand has grown 24% since 1985 to the 1993 level of 2.1 Tft 3 /y, while exports to the USA have grown 144% to 2.2 Tft 3 /y. The present environment requires a 'just in time' attitude towards developing new gas reserves and arranging transportation and storage. Long term gas marketing transacations are increasingly deliverability-based, firm delivery commitments which include harsh penalties for nonperformance. 7 figs

Price responsive load programs: U.S. experience in creating markets for peak demand reductions

International Nuclear Information System (INIS)

Goldberg, Miriam L.; Michelman, Thomas; Rosenberg, Mitchell

2003-01-01

Demand response programs use a variety of pricing mechanisms to induce end-use customers to reduce demand at specified periods. U.S. distribution utilities, regional market operators, and their regulators have implemented demand response programs with the objectives of improving electric system reliability, avoiding price spikes, and relieving local transmission congestion. This paper reviews the design and performance of market-linked demand response programs operated in 2001 and 2002, focusing on the relationship between program design and customer participation and the development of accurate and feasible methods to measure demand response at the facility level

Neuroeconomic Conditioning of the Influence of a Market Demand of Consumers on an Innovative Character of Polish Companies

Directory of Open Access Journals (Sweden)

Anna Gardocka-Jałowiec

2011-03-01

Full Text Available The aim of the article is an identification of key sources of an innovative character and their conditioning in contemporary Polish economy. In the discussion, it is stated that consumers – the smallest, but the most numerous economic unit – through their expectations of the way / form of meeting their own needs, create a direction and dynamics of innovative business and confirm or undermine the legitimacy of accepted directions of actions of the supply side and greatly determine their economic force. In addition, the discussion concerning market decisions (their sources of consumers and businessmen is based on the results of neuroanatomical brain research. Analyses, that were carried out, allow for stating that: 1 consumers in a market play take on the following roles: creators of an innovative activity based on the reported potential demand; evaluating results of actions taken by innovative businessmen through effective demand; 2 in Poland, there has been a gradual redefinition of key factors of innovative character; 3 businessmen (over 90% consider coming closer to consumers, meeting their needs through the use of the Internet, interactive and social media as the most important initiatives; 4 an action of businessmen within the scope of improving operative efficiency, aiming at accelerating reactions to market consumers expectations increase; 5 brain activity accounts for nearly ¾ decisions made – each choice constitutes a completely real process engaging a particular neuron number (including von Economo neurons, which influences particular behaviour; 6 a network of neural connections in the brain changes as one gains knowledge and experience – in effect, brain structures become more flexible.

Mass Market Demand Response and Variable Generation Integration Issues: A Scoping Study

Energy Technology Data Exchange (ETDEWEB)

Cappers, Peter; Mills, Andrew; Goldman, Charles; Wiser, Ryan; Eto, Joseph H.

2011-09-10

This scoping study focuses on the policy issues inherent in the claims made by some Smart Grid proponents that the demand response potential of mass market customers which is enabled by widespread implementation of Advanced Metering Infrastructure (AMI) through the Smart Grid could be the “silver bullet” for mitigating variable generation integration issues. In terms of approach, we will: identify key issues associated with integrating large amounts of variable generation into the bulk power system; identify demand response opportunities made more readily available to mass market customers through widespread deployment of AMI systems and how they can affect the bulk power system; assess the extent to which these mass market Demand Response (DR) opportunities can mitigate Variable Generation (VG) integration issues in the near-term and what electricity market structures and regulatory practices could be changed to further expand the ability for DR to mitigate VG integration issues over the long term; and provide a qualitative comparison of DR and other approaches to mitigate VG integration issues.

A literature review of demand studies in world oil markets

International Nuclear Information System (INIS)

Atkins, F.; Tayyebi Jazayeri, S.M.

2004-04-01

The literature on world oil market demands was reviewed, summarized and organized into seven major groupings. The objective was to model economic behaviour before and after price shocks. In particular, the paper demonstrated how the price elasticity of demand in world oil markets is estimated. It also showed how the relationship between energy and oil consumption and income are estimated. The income elasticity of demand was also estimated, and empirical estimates of the elasticity of aggregate output regarding crude oil and energy prices were presented. The paper also referred to the transportation sector and estimates of the changing nature of seasonal factors. The review showed that there is much heterogeneity of econometric results. The literature showed that demand increased considerably in response to the price shocks of the 1970s, but these shocks were reversed in the 1980s when the increase in demand did not correspond with the decrease in price. Some of the literature is driven by the belief that there must be a stable, non-linear model that fits the data both before and after price shocks. The authors question whether this could be true and propose an alternative hypothesis that there is a different model that pertains to economic behaviour after price shocks. 15 refs., 7 tabs., 1 fig

Electronic Markets Selection in Supply Chain with Uncertain Demand and Uncertain Price

Directory of Open Access Journals (Sweden)

Fengmei Yang

2015-01-01

Full Text Available In recent years, more and more companies start online operation. Electronic market becomes a key component of some companies’ strategy. Supply chain management is another key component of the strategy as being adopted by an increasing number of companies. There are many interactions between electronic market and supply chain. One of the key questions is to select one type of electronic market from the view of supply chain. This paper develops some models to explore the issue of selection between public electronic market and private electronic market in three scenarios where electronic market is used for buying, for selling, and for both selling and buying, respectively. In a public electronic market, neither the supplier nor the retailer is the owner of the electronic market. However, in a private electronic market, there is an owner that is either the supplier or the retailer. Besides demand uncertainty, we take into account the price uncertainty in electronic market. We explore the conditions under which the agent of supply chain selects one certain type of electronic market by comparing expected profits of supply chain members in different scenarios. Some sensitivity analyses are conducted to explore the impact of the customer demand, electronic market retail price, and e-market use fee on the selection of electronic market. Finally, some interesting managerial and academic insights are obtained.

A Methodology for Estimating Large-Customer Demand Response MarketPotential

Energy Technology Data Exchange (ETDEWEB)

Goldman, Charles; Hopper, Nicole; Bharvirkar, Ranjit; Neenan,Bernie; Cappers,Peter

2007-08-01

Demand response (DR) is increasingly recognized as an essential ingredient to well-functioning electricity markets. DR market potential studies can answer questions about the amount of DR available in a given area and from which market segments. Several recent DR market potential studies have been conducted, most adapting techniques used to estimate energy-efficiency (EE) potential. In this scoping study, we: reviewed and categorized seven recent DR market potential studies; recommended a methodology for estimating DR market potential for large, non-residential utility customers that uses price elasticities to account for behavior and prices; compiled participation rates and elasticity values from six DR options offered to large customers in recent years, and demonstrated our recommended methodology with large customer market potential scenarios at an illustrative Northeastern utility. We observe that EE and DR have several important differences that argue for an elasticity approach for large-customer DR options that rely on customer-initiated response to prices, rather than the engineering approaches typical of EE potential studies. Base-case estimates suggest that offering DR options to large, non-residential customers results in 1-3% reductions in their class peak demand in response to prices or incentive payments of $500/MWh. Participation rates (i.e., enrollment in voluntary DR programs or acceptance of default hourly pricing) have the greatest influence on DR impacts of all factors studied, yet are the least well understood. Elasticity refinements to reflect the impact of enabling technologies and response at high prices provide more accurate market potential estimates, particularly when arc elasticities (rather than substitution elasticities) are estimated.

Preliminary Examination of the Supply and Demand Balance for Renewable Electricity

Energy Technology Data Exchange (ETDEWEB)

Swezey, B.; Aabakken, J.; Bird, L.

2007-10-01

In recent years, the demand for renewable electricity has accelerated as a consequence of state and federal policies and the growth of voluntary green power purchase markets, along with the generally improving economics of renewable energy development. This paper reports on a preliminary examination of the supply and demand balance for renewable electricity in the United States, with a focus on renewable energy projects that meet the generally accepted definition of "new" for voluntary market purposes, i.e., projects installed on or after January 1, 1997. After estimating current supply and demand, this paper presents projections of the supply and demand balance out to 2010 and describe a number of key market uncertainties.

Identifying internet marketing principles relevant to generic marketers / Ayesha Lian Bevan-Dye

OpenAIRE

Bevan-Dye, Ayesha Lian

2005-01-01

To deliver the type of marketing graduate that meets industry demand necessitates that marketing curricula content be continuously updated to keep pace with the dynamic marketing environment. One of the major trends influencing the twenty-first century marketing environment is the advent of the Internet and substantial growth in Internet usage and Internet-based commerce. Not only is the Internet driving major marketing environmental change, it is also emerging as a new marketing tool of sign...

Analyzing Capacity Withholding in Oligopoly Electricity Markets Considering Forward Contracts and Demand Elasticity

Directory of Open Access Journals (Sweden)

S. Salarkheili

2011-12-01

Full Text Available In this paper capacity withholding in an oligopolistic electricity market that all Generation Companies (GenCos bid in a Cournot model is analyzed and the capacity withheld index, the capacity distortion index and the price distortion index are obtained and formulated. Then a new index, Distortion-Withheld Index (DWI, is proposed in order to measure the potential ability of market for capacity withholding. In these indices the impact of demand elasticity on capacity withholding is considered and it is shown that demand elasticity plays an important role for capacity withholding and market power mitigation. Due to the significant role of forward contracts for market power mitigation and risk hedging in power markets, the impacts of these contracts on capacity withholding are considered. The effects of GenCos’ strategic forward contracts on capacity withholding are also discussed. Moreover, the relationship between capacity withholding of GenCos and market price distortion is acquired. A two-settlement market including a forward market and a spot market is used to describe GenCos’ strategic forward contracting and spot market competition.

World nuclear fuel market. Eighteenth annual meeting

International Nuclear Information System (INIS)

Anon.

1991-01-01

The papers presented at the eighteenth World Nuclear Fuels Market meeting are cataloged separately. This volume includes information on the following areas of interest: world uranium enrichment capacity and enriched uranium inventories; the impact of new enrichment technologies; predictions of future market trends; non-proliferation aspects of nuclear trade; and a debate as to whether uranium can be successfully traded on a commodities exchange

A Supply and Demand Update of the Molybdenum-99 Market

International Nuclear Information System (INIS)

2012-08-01

Medical diagnostic imaging techniques using technetium-99m account for roughly 80% of all nuclear medicine procedures, representing over 30 million examinations worldwide every year. Disruptions in the supply chain of these medical isotopes - which have half-lives of 66 hours for molybdenum-99 ( 99 Mo) and 6 hours for its daughter isotope, technetium-99m (' 99m Tc), and thus must be produced continually - can lead to cancellations or delays in important medical testing services. Unfortunately, supply reliability has declined over the past decade due to unexpected or extended shutdowns at the few ageing 99 Mo-producing research reactor and processing facilities. These shutdowns have created global supply shortages. In 2011, the OECD Nuclear Energy Agency (NEA), along with its High-level Group on the Security of Supply of Medical Radioisotopes (HLG-MR), released a report that presents the reasons behind the lack of infrastructure that led to global supply shortages and a policy approach to encourage long-term medical isotope supply security. In that report, The Supply of Medical Radioisotopes: The Path to Reliability, the NEA also provides potential futures of supply and demand out to 2030. Since the release of The Path there have been a number of changes in the market and therefore this document provides an update on the 2011 supply and demand situation. This update is based on information provided to the NEA by members of the HLG-MR and other key stakeholders. This presentation of supply and demand future scenarios for the 99 Mo market revises previous NEA future scenarios based on new data and target conversion commitments from the supply chain. The update, unfortunately, does not present a more optimistic future scenario than previous presentations - the concern around the uneconomic situation of the supply chain continues to dominate the potential for new projects. This results in the potential for long-term shortages within the decade. However, there are a

Linking meters and markets: Roles and incentives to support a flexible demand side

DEFF Research Database (Denmark)

Katz, Jonas

2014-01-01

wholesale market participants to the demand side is mostly infeasible, resulting in flexibility tasks being aggregated and delegated to balancing responsible wholesale traders. This analysis focuses on whether current incentives and roles are appropriate and where the design could be improved to establish......Present trends in the development of electricity systems are expected to generate a growing need for flexibility in decentralised resources, including demand response. In order to enable decentralised actors to create value, the organisation of markets and incentives should incorporate these new...... a flexible demand side with a particular focus on the Danish case. Design-related barriers are identified that affect expected value, associated risks, and the distribution of responsibilities. This serves as a basis to define policy options in the context of Nordic electricity markets. © 2014 Elsevier Ltd...

Uranium 2009 resources, production and demand

CERN Document Server

Organisation for Economic Cooperation and Development. Paris

2010-01-01

With several countries currently building nuclear power plants and planning the construction of more to meet long-term increases in electricity demand, uranium resources, production and demand remain topics of notable interest. In response to the projected growth in demand for uranium and declining inventories, the uranium industry – the first critical link in the fuel supply chain for nuclear reactors – is boosting production and developing plans for further increases in the near future. Strong market conditions will, however, be necessary to trigger the investments required to meet projected demand. The "Red Book", jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is a recognised world reference on uranium. It is based on information compiled in 40 countries, including those that are major producers and consumers of uranium. This 23rd edition provides a comprehensive review of world uranium supply and demand as of 1 January 2009, as well as data on global ur...

Market researches on demand for dietary and prophylactic nutrition in the Saratov Region

Directory of Open Access Journals (Sweden)

Nikitinа T. A.

2016-09-01

Full Text Available In competitive and constantly changing market conditions special attention has been paid to market researches. The results of these studies become the basis for formation of sales estimates, and projected levels of revenues and profits from sales. Market researches are the essential condition to make offered goods successful at the market. It is market researches that help companies to realize the control of consumers' needs changing. The market researches on demand for dietary and prophylactic nutrition in the Saratov Region have been the research objective. In accordance with the given objective the following goals have been formed: 1 finding out the most spread diseases among the population; 2 determination of the average age of people suffering from one or another disease; 3 studying demand of products with food fiber additives; 4 analysis of respondent's preference regarding the addition of natural vegetable additives to foodstuff; 5 demand for dietary and prophylactic foodstuff among the population. Since the survey has been carried out among people suffering from various diseases, particular attention during the market research has been turned to the medical and prophylactic properties of food fibers to find out the attitude of the respondents to functional foodstuff. The dynamics of noninfectious diseases, the population health status depending on age, and increase of overweight people during 2012–2014 have been shown. As a result of questionnaire data processing it has been ascertained that the population is of low awareness regarding the necessity to consume foodstuff with radioprotective and chelator properties. The researches have demonstrated that dietary and prophylactic foodstuff is in demand and consequently the development of such products is reasonable.

Formal and Informal Credit Markets and Rural Credit Demand in China

OpenAIRE

Tang, Sai; Guan, Zhengfei; Jin, Songqing

2010-01-01

Credit markets are an essential economic institution. In developing countries, particularly in countries undergoing rapid social and economic transition, it is important to identify emerging credit demand and institute credit supply in a timely manner to facilitate economic transformation. This research focuses on the evolving rural credit market in China, where borrowing from the social network has been common but the recent economic transition has made this informal credit market inadequate...

Market integration of flexible demand and DG-RES supply. A new approach for demand response

International Nuclear Information System (INIS)

Warmer, C.J.; Hommelberg, M.P.F.; Kamphuis, I.G.; Kok, J.K.

2007-06-01

In this paper we discuss the shortcomings of traditional Demand Response programs in an environment in which a large amount of distributed generation is available. An innovative approach is given in which true Customer Site Integration is obtained in the spirit of the liberalized electricity market, by making use of the load flexibility of underlying processes of production and consumption devices. The approach is based on distributed control mechanisms and incorporates new market models for distribution and aggregation costs, load losses, and network constraints

Uranium 2011 resources, production and demand

CERN Document Server

Organisation for Economic Cooperation and Development. Paris

2012-01-01

In the wake of the Fukushima Daiichi nuclear power plant accident, questions are being raised about the future of the uranium market, including as regards the number of reactors expected to be built in the coming years, the amount of uranium required to meet forward demand, the adequacy of identified uranium resources to meet that demand and the ability of the sector to meet reactor requirements in a challenging investment climate. This 24th edition of the “Red Book”, a recognised world reference on uranium jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, provides analyses and information from 42 producing and consuming countries in order to address these and other questions. It offers a comprehensive review of world uranium supply and demand as well as data on global uranium exploration, resources, production and reactor-related requirements. It also provides substantive new information on established uranium production centres around the world and in countri...

Integration scenarios of Demand Response into electricity markets: Load shifting, financial savings and policy implications

International Nuclear Information System (INIS)

Feuerriegel, Stefan; Neumann, Dirk

2016-01-01

Demand Response allows for the management of demand side resources in real-time; i.e. shifting electricity demand according to fluctuating supply. When integrated into electricity markets, Demand Response can be used for load shifting and as a replacement for both control reserve and balancing energy. These three usage scenarios are compared based on historic German data from 2011 to determine that load shifting provides the highest benefit: its annual financial savings accumulate to €3.110 M for both households and the service sector. This equals to relative savings of 2.83% compared to a scenario without load shifting. To improve Demand Response integration, the proposed model suggests policy implications: reducing bid sizes, delivery periods and the time-lag between market transactions and delivery dates in electricity markets. - Highlights: •Comparison of 3 scenarios to integrate Demand Response into electricity markets. •These are: optimize procurement, offer as control reserve, avoid balancing energy. •Ex post simulation to quantify financial impact and policy implications. •Highest savings from load shifting with a cost reduction of 3%. •Model suggests reducing bid sizes, delivery periods and time lags as policy issues.

The value of online information for demand response in Walrasian electricity markets

NARCIS (Netherlands)

F.N. Claessen (Felix); B.J. Liefers (Bart); M. Kaisers (Michael); J.A. La Poutré (Han)

2015-01-01

textabstractSmart energy systems integrate renewables and demand response. Most European electricity markets coordinate the resulting time-varying flexibility in demand and supply by organising day-ahead trade with Walrasian mechanisms, using simultaneous call auctions and sealed bids. These

Emerging natural gas markets in the East Asian countries - Challenges for market development and international cooperation

International Nuclear Information System (INIS)

Ozaki, Hiroshi

1997-01-01

Energy and natural gas demand as well as the natural gas market in East Asia is analyzed. Gas distribution and long distance gas transmission pipelines are considered. International cooperation is outlined for meeting the market challenges in the region. (R.P.)

Market-pull report. Measures on the demand side accelerate development and market introduction of energy-saving technologies. Swiss examples in the international context

International Nuclear Information System (INIS)

Bachmann, C.; Aebischer, B.

1995-09-01

International Energy Agency (IEA) experts met in Zurich in order to further develop international projects for the coordinated procurement of energy-saving technologies. On the occasion of this meeting, Swiss specialists from business and administrative circles presented examples of how the market can be purposefully influenced by implementing measures on the demand side. In order to ensure success, it is vital that all parties concerned - from the manufacturers to the consumers - are taken into account, and that tools are applied that have been adapted to each individual market. An international coordination of activities that are aimed at bringing about a change in procurement behaviour contributes considerably to an acceleration of the various processes. For the manufacturers, most of whom are active on an international level, it becomes simpler and more worthwhile to react. This applies in particular when instruments such as quality seals (labels) and target values are applied. (author) figs., tabs

Market Confidence Predicts Stock Price: Beyond Supply and Demand.

Directory of Open Access Journals (Sweden)

Xiao-Qian Sun

Full Text Available Stock price prediction is an important and challenging problem in stock market analysis. Existing prediction methods either exploit autocorrelation of stock price and its correlation with the supply and demand of stock, or explore predictive indictors exogenous to stock market. In this paper, using transaction record of stocks with identifier of traders, we introduce an index to characterize market confidence, i.e., the ratio of the number of traders who is active in two successive trading days to the number of active traders in a certain trading day. Strong Granger causality is found between the index of market confidence and stock price. We further predict stock price by incorporating the index of market confidence into a neural network based on time series of stock price. Experimental results on 50 stocks in two Chinese Stock Exchanges demonstrate that the accuracy of stock price prediction is significantly improved by the inclusion of the market confidence index. This study sheds light on using cross-day trading behavior to characterize market confidence and to predict stock price.

Market Confidence Predicts Stock Price: Beyond Supply and Demand.

Science.gov (United States)

Sun, Xiao-Qian; Shen, Hua-Wei; Cheng, Xue-Qi; Zhang, Yuqing

2016-01-01

Stock price prediction is an important and challenging problem in stock market analysis. Existing prediction methods either exploit autocorrelation of stock price and its correlation with the supply and demand of stock, or explore predictive indictors exogenous to stock market. In this paper, using transaction record of stocks with identifier of traders, we introduce an index to characterize market confidence, i.e., the ratio of the number of traders who is active in two successive trading days to the number of active traders in a certain trading day. Strong Granger causality is found between the index of market confidence and stock price. We further predict stock price by incorporating the index of market confidence into a neural network based on time series of stock price. Experimental results on 50 stocks in two Chinese Stock Exchanges demonstrate that the accuracy of stock price prediction is significantly improved by the inclusion of the market confidence index. This study sheds light on using cross-day trading behavior to characterize market confidence and to predict stock price.

Realizing your marketing influence, Part 1. Meeting patient needs through collaboration.

Science.gov (United States)

Woods, Dana K

2002-04-01

To what degree do or should marketing and nursing overlap? If marketing is about meeting patient needs, who better than the nursing staff to inform marketing decisions? Meeting patient needs profitably ensures that patient care can continue to move toward excellence. As competition continues to intensify and reimbursement remains insufficient, using all of the healthcare system's available intellectual capital is imperative to achieving maximum competitive advantage. The author applies current marketing theory to the healthcare environment and provides practical suggestions on how nursing administrators and staff can work collaboratively with marketing colleagues to develop and implement strategic marketing programs. This is the first in a series of 3 articles, which will move readers from broad marketing strategy to specific applications. The second (June, 2002) and third articles (July/August, 2002) will focus on internal marketing and using professional certification as a marketing tool.

Demand for electric power in major markets worldwide

Energy Technology Data Exchange (ETDEWEB)

Roeder, A [ABB Asea Brown Boveri Ltd., Zurich (Switzerland)

1990-01-01

One third of primary energy consumption is today being used to generate electrical power. The author discusses with the aid of statistics and diagrams, the various uses of energy, and the per capita energy consumption throughout the world. He considers that future demand for power depends to a large extent on GNP but also on fuel prices and reserves, energy policies and environmental concerns. On balance, these will lead to the introduction of clean coal technologies and a renaissance of nuclear power stations in the near future but until then gas-fired power plant will continue to play a dominant role in meeting power demands. 9 figs., 8 tabs.

Study on the complexity pricing game and coordination of the duopoly air conditioner market with disturbance demand

Science.gov (United States)

Ma, Junhai; Xie, Lei

2016-03-01

The paper focuses on the dynamic pricing game of the duopoly air conditioner market with disturbance in demand and analyzes the influence of disturbance on the dynamic game system. Considering the demand for products, such as air conditioner, varies with different seasons, we assume three cases based on the condition of disturbance, including growth market (Case 1), declining market (Case 2) and completely random market (Case 3). By analyzing these three cases and making comparison among them, the paper shows that the growth market is more sensitive to the changing parameters such as the adjustment variable and the competitive factor than the declining market. It is more difficult to keep the system stable in a growth market. Although the demand is completely random, the dynamic system can reach a stable state, on condition that the adjustment variable is small enough. The results also indicate that the bullwhip effect between the order quantity and the actual demand is weakened gradually along with the price adjustment.

Future demand in electrical power and meeting this demand, in particular with the aid of nuclear energy

International Nuclear Information System (INIS)

1976-07-01

As a part of the research program in question, the study deals with meeting the electrical power demand in the FRG until the year 2000 in the best possible way with regard to costs, and evaluating the long-term technical, ecological, and economical effects resulting thereof. With the aid of a model, the construction of additional plants and the use of the FRG's power plant network, always applying economical criteria, are investigated while allowing for adequate assurance of supply. It becomes obvious that the power plants and fuels available influence a 25-year planning period. In the year 2000, nuclear energy will play a dominating role in meeting the demand, the conventional thermal power plants will be used more for coping with the above-average medium laods, while peak loads will be met, above all, by pump storage stations. (UA) [de

Supply and demand in physician markets: a panel data analysis of GP services in Australia.

Science.gov (United States)

McRae, Ian; Butler, James R G

2014-09-01

To understand the trends in any physician services market it is necessary to understand the nature of both supply and demand, but few studies have jointly examined supply and demand in these markets. This study uses aggregate panel data on general practitioner (GP) services at the Statistical Local Area level in Australia spanning eight years to estimate supply and demand equations for GP services. The structural equations of the model are estimated separately using population-weighted fixed effects panel modelling with the two stage least squares formulation of the generalised method of moments approach (GMM (2SLS)). The estimated price elasticity of demand of [Formula: see text] is comparable with other studies. The direct impact of GP density on demand, while significant, proves almost immaterial in the context of near vertical supply curves. Supply changes are therefore due to shifts in the position of the curves, partly determined by a time trend. The model is validated by comparing post-panel model predictions with actual market outcomes over a period of three years and is found to provide surprisingly accurate projections over a period of significant policy change. The study confirms the need to jointly consider supply and demand in exploring the behaviour of physician services markets.

Dynamic pricing for demand response considering market price uncertainty

DEFF Research Database (Denmark)

Ghazvini, Mohammad Ali Fotouhi; Soares, Joao; Morais, Hugo

2017-01-01

Retail energy providers (REPs) can employ different strategies such as offering demand response (DR) programs, participating in bilateral contracts, and employing self-generation distributed generation (DG) units to avoid financial losses in the volatile electricity markets. In this paper......, the problem of setting dynamic retail sales price by a REP is addressed with a robust optimization technique. In the proposed model, the REP offers price-based DR programs while it faces uncertainties in the wholesale market price. The main contribution of this paper is using a robust optimization approach...

What do we know about cross-cultural marketing?

Directory of Open Access Journals (Sweden)

Popovici, S.

2011-01-01

Full Text Available The strong competition on the world market determines companies to search new marketing solutions for a successful development. In the context of an ever increasing diversity and globalisation, this article presents a new kind of marketing strategy, addressing the specific case of the multicultural markets, in order to identify and clearly define new market needs. While it is obvious that these market demands are affected by the power of the traditions and national values, the use of cross-cultural marketing opens new opportunities for companies to meet these demands, and thus to increase profit.

The role of nuclear power in meeting future energy demands

International Nuclear Information System (INIS)

Fuchs, K.

1977-01-01

Future energy demands and possibilities of meeting them are outlined. The current status and future developments of nuclear energetics all over the world and in the CMEA member states are discussed considering reactor safety, fission product releases, and thermal pollution of the environment

Electricity demand response in China: Status, feasible market schemes and pilots

International Nuclear Information System (INIS)

Li, Weilin; Xu, Peng; Lu, Xing; Wang, Huilong; Pang, Zhihong

2016-01-01

Demand Response (DR) has been extensively developed and implemented in the US and Europe. However, DR hardly exists in many developing countries for similar problems such as rigid power market and state monopoly. With the increasing imbalance between supply and demand in China's power industry, the government has issued new policies on DR and approved the first batch of pilot cities. China is setting a good example of how to encourage DR under monopolistic electric market and open up the market to aggregators and DR suppliers. This paper summarizes the current DR status, feasible DR market schemes and DR pilot projects in China. First, electric power system reform, renewable energy policies and power industry development are reviewed, highlighting the problems associated with the current dispatch mechanisms of DR policies and markets. New DR programs and DR-related policies are also introduced. On this basis, the driving forces and challenges associated with DR in China are analyzed. The major challenge is the lack of a suitable market mechanism for the current Chinese power industry. Hence, this paper presents six feasible strategies that fully utilize the existing policies. Additionally, the latest DR applications in different pilot cities are summarized and analyzed. - Highlights: • Summarize the status, feasible market schemes and pilot projects of DR in China. • Highlight the problems of the current dispatch mechanisms of DR policies and market. • Analyze the driving forces and challenges associated with DR in China. • Present six feasible strategies that fully utilize the existing policies. • Summarize and analyze the latest DR applications in different pilot cities.

Uranium 2011: Resources, Production and Demand

International Nuclear Information System (INIS)

2012-01-01

In the wake of the Fukushima Daiichi nuclear power plant accident, questions are being raised about the future of the uranium market, including as regards the number of reactors expected to be built in the coming years, the amount of uranium required to meet forward demand, the adequacy of identified uranium resources to meet that demand and the ability of the sector to meet reactor requirements in a challenging investment climate. This 24. edition of the 'Red Book', a recognised world reference on uranium jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, provides analyses and information from 42 producing and consuming countries in order to address these and other questions. It offers a comprehensive review of world uranium supply and demand as well as data on global uranium exploration, resources, production and reactor-related requirements. It also provides substantive new information on established uranium production centres around the world and in countries developing production centres for the first time. Projections of nuclear generating capacity and reactor-related requirements through 2035, incorporating policy changes following the Fukushima accident, are also featured, along with an analysis of long-term uranium supply and demand issues

Changes and events in uranium deposit development, exploration, resources, production and the world supply-demand relationship. Proceedings of a technical committee meeting

International Nuclear Information System (INIS)

1997-09-01

This report consists of the proceedings of the Technical Committee Meeting on Recent Changes and Events in Uranium Deposit Development, Exploration, Resources, Production and the World Supply/Demand Relationship, held in co-operation with the OECD Nuclear Energy Agency (OECD/NEA) in Kiev, Ukraine, from 22 to 26 May 1995. Some of the information from this meeting was also used in preparation of the 1995 edition of ''Uranium - Resources, Production and Demand'' a joint report by the OECD/NEA and the IAEA. At the Beginning of 1995 there were 432 nuclear power plants in operation with a combined electricity generating capacity of 340 GW(e). This represents nearly a 100% increase over the last decade. In 1995 over 2228 TW·h of electricity were generated, equivalent to about 17% of the world's total electricity. To achieve this, about 61,000 t U were required as nuclear fuel. For about a decade and a half uranium production and related activities have been decreasing because of declining uranium prices. For many participants in the nuclear industry there has been little interest in uranium supply because of the oversupplied market condition. The declining production led to the development of a supply and demand balance were production is currently meeting a little over 50% of reactor requirements and the excess inventory is being rapidly drawn down. This very unstable relationship has resulted in great uncertainty about the future supply or uranium. One of the objectives of this Technical Committee meeting was to bring together specialists in the field of uranium supply and demand to collect information on new developments. This helps provide a better understanding of the current situation, as well as providing information to plan for the future. Refs, figs, tabs

How do Dutch regional labour markets adjust to demand shocks?

OpenAIRE

Broersma, Lourens; Dijk, Jouke van

2002-01-01

This paper analyses the response of regional labour markets in The Netherlands to region specific labour demand shocks. Whereas previous studies analyse only average patterns of all regions in a country, this paper provides also a more in debt analysis of within country differences in labour market adjustment processes. Previous studies show remarkable differences in response between regions in European countries and regions in the United States. The analysis in the present paper shows that i...

PVC makers study expansions to meet demand growth

International Nuclear Information System (INIS)

Hunter, D.; Coeyman, M.

1993-01-01

As prospects for the polyvinyl chloride (PVC) industry continue to improve, the next batch of capacity increases is being studied. Vista Chemical (Houston) sees an opportunity to achieve what company president James R. Ball calls the lowest-cost capacity addition in the market, by debottlenecking its PVC plants at Aberdeen, MS and Oklahoma City. That would increase capacity 40%, adding 300 million lbs/year to Vista's 830 million lbs/year. US demand for PVC grew 12.5% through the first 10 months of 1992, to 7.3 billion lbs, according to the latest figures available from the Society of the Plastics Industry. Alan Bailey, Oxy-Chem's executive v.p./polymers and plastics, predicts a good demand year in 1993 - better even than 1992, driven by an upward trend in housing starts and a recovering economy

The role of hydropower in meeting Turkey's electric energy demand

International Nuclear Information System (INIS)

Yuksek, Omer; Komurcu, Murat Ihsan; Yuksel, Ibrahim; Kaygusuz, Kamil

2006-01-01

The inherent technical, economic and environmental benefits of hydroelectric power, make it an important contributor to the future world energy mix, particularly in the developing countries. These countries, such as Turkey, have a great and ever-intensifying need for power and water supplies and they also have the greatest remaining hydro potential. From the viewpoint of energy sources such as petroleum and natural gas, Turkey is not a rich country; but it has an abundant hydropower potential to be used for generation of electricity and must increase hydropower production in the near future. This paper deals with policies to meet the increasing electricity demand for Turkey. Hydropower and especially small hydropower are emphasized as Turkey's renewable energy sources. The results of two case studies, whose results were not taken into consideration in calculating Turkey's hydro electric potential, are presented. Turkey's small hydro power potential is found to be an important energy source, especially in the Eastern Black Sea Region. The results of a study in which Turkey's long-term demand has been predicted are also presented. According to the results of this paper, Turkey's hydro electric potential can meet 33-46% of its electric energy demand in 2020 and this potential may easily and economically be developed

New Real-Time Market Facilitating Demand-Side Resources for System Balancing

DEFF Research Database (Denmark)

Feng, Donghan; Nyeng, Preben; Xie, Jun

2011-01-01

Many demand side resources have the potential to provide fast and low cost balancing services. Switching these devices on and off can be executed in seconds and have limited consequences for the customers if the duration is not long. With carefully designed market rules, tens of thousands...... the participation of demand-side resources. In light of the future environment of increasing intermittent renewable power and distributed energy/storage resources, stochastic time-series and Monte-Carlo simulation are used to analyze the relationship between balancing requirement and generation/demand uncertainties...

Meeting the demands and challenges of a new era in pipeline development

International Nuclear Information System (INIS)

Morgan, K.

2002-01-01

The author demonstrates in this presentation that supply and demand imbalances result in energy shortages and extreme price volatility. This situation exists in spite of a dysfunctional market structure and allegations of market power abuse. Economic recovery is dependent on energy reliability and stable pricing. Investments in the infrastructure are required at all levels of the industry. The plans to better serve customers at Williams Gas Pipeline-West are described, including an investment of more than 2 billion dollars in natural gas pipeline in the West in 2004. The expansion projects on the Kern River are reviewed and put in perspective with regard to California emergency expansion. The current gas supply update is provided, as was the regional market outlook. The other pipeline proposals to serve California are discussed, in particular the Kern River 2003 expansion is deemed an essential infrastructure project to assist in the prevention of a return to energy shortages and extreme price volatility in California. The new pipeline capacity is fully supported by market demand. To supply the east of California and Mexican markets, a diversion of the gas supply from the Southwest will take place. It is doubtful that timely completion of other natural gas pipeline projects will occur. The author indicates that smaller incremental expansions of existing pipelines will serve market growth. figs

Coordination of Retail Demand Response with Midwest ISO Markets

Energy Technology Data Exchange (ETDEWEB)

Bharvirkar, Ranjit; Bharvirkar, Ranjit; Goldman, Charles; Heffner, Grayson; Sedano, Richard

2008-05-27

The Organization of Midwest ISO States (OMS) launched the Midwest Demand Resource Initiative (MWDRI) in 2007 to identify barriers to deploying demand response (DR) resources in the Midwest Independent System Operator (MISO) region and develop policies to overcome them. The MWDRI stakeholders decided that a useful initial activity would be to develop more detailed information on existing retail DR programs and dynamic pricing tariffs, program rules, and utility operating practices. This additional detail could then be used to assess any"seams issues" affecting coordination and integration of retail DR resources with MISO's wholesale markets. Working with state regulatory agencies, we conducted a detailed survey of existing DR programs, dynamic pricing tariffs, and their features in MISO states. Utilities were asked to provide information on advance notice requirements to customers, operational triggers used to call events (e.g. system emergencies, market conditions, local emergencies), use of these DR resources to meet planning reserves requirements, DR resource availability (e.g., seasonal, annual), participant incentive structures, and monitoring and verification (M&V) protocols. This report describes the results of this comprehensive survey and discusses policy implications for integrating legacy retail DR programs and dynamic pricing tariffs into organized wholesale markets. Survey responses from 37 MISO members and 4 non-members provided information on 141 DR programs and dynamic pricing tariffs with a peak load reduction potential of 4,727 MW of retail DR resource. Major findings of this study area:- About 72percent of available DR is from interruptible rate tariffs offered to large commercial and industrial customers, while direct load control (DLC) programs account for ~;;18percent. Almost 90percent of the DR resources included in this survey are provided by investor-owned utilities. - Approximately, 90percent of the DR resources are available with less than

Mackenzie Valley Pipeline market demand, supply, and infrastructure analysis : final report

International Nuclear Information System (INIS)

2004-01-01

Mackenzie Valley Pipeline Co-Venturers is a consortium of petroleum companies proposing to construct a 1,400 km long, large-diameter, high-pressure natural gas transmission pipeline from the northwestern edge of the Northwest Territories to the Alberta-Northwest Territories border. The Mackenzie Valley Pipeline will bring natural gas from the Mackenzie Delta region to markets in Alberta, central and eastern Canada and the United States. Navigant Consulting Ltd. prepared this assessment of the long-term market need for natural gas produced from the Mackenzie Delta. It presents an analysis of gas demand, supply and infrastructure. Three sensitivity cases were examined, incorporating different assumptions about the initial capacity of the pipeline, potential expansion of its capacity and different levels of gas demand in Canada and the United States. The report indicates that gas markets in North America support construction of the proposed 34 million cubic metre per day pipeline in the 2009 timeframe, with possible expansion in 2015 and 2020. It also indicates that there will be enough capacity on the intra-Alberta gas transmission system to accommodate the projected deliveries of Mackenzie Delta gas. The increase in gas demand is due to an increase in residential and commercial gas consumption, electric power generation and the energy intensive bitumen extraction and processing activities in the Alberta oil sands industry. 36 tabs., 56 figs

Income inequality and price elasticity of market demand: the case of crossing Lorenz curves

OpenAIRE

Ibragimov, M; Ibragimov, R; Kattuman, Paul Antony; Ma, J

2017-01-01

This paper extends Ibragimov and Ibragimov (Econ Theory 32:579–587, 2007) in which the effect of changes income inequality on the price elasticity of market demand is characterized for the class of income distribution changes occurring through non-intersecting Lorenz curve shifts. We derive sufficient conditions for increase/decrease in price elasticity of market demand, under general changes in income distribution, allowing Lorenz curves to intersect as they shift. We conclude by drawing out...

THE CONTENT OF AN ECONOMIC CATEGORY AND THE MEASUREMENT OF THE MARKET DEMAND

Directory of Open Access Journals (Sweden)

Anatoly V. Korotkov

2014-01-01

Full Text Available The aim of the article is to study the economic and statistical categories and levels of consumer demand. There is no uniformity in the interpretation of the content of an economic category and demand level in the literature on the economic theory and applied research of the market. We want to conduct the verification of the demand category, a consolidation of the wording of measuring the level of demand, the classification of demand. Theoretical basis of the conducted research is the methodology of the economic theory and the general theory of statistics.

Huge supply/demand increases seen in oxygenate forecasts

International Nuclear Information System (INIS)

Rhoades, A.K.

1992-01-01

Industry originally projected that oxygenate supply would not be able to meet the demand created by U.S. oxygenated and reformulated gasoline mandates. This paper reports that those projections have been reserved in two recent industry reports - one from Chemical Market Associates Inc. (CMAI) and one from Pace Consultants Inc. Pace's report, by Paulo Nery and Nathan Sims, predicts gasoline and oxygenates demand, and examines the role ethanol may play in changing those values. CMAI's report estimates captive supply and demand of butylenes and oxygenates. Oxygenates are entering the domestic gasoline market this winter as a result of the 1990 U.S. Clean Air Act Amendments. Methyl tertiary butyl ether (MTBE) is the most important oxygenate, although ethanol, ethyl tertiary butyl ether (ETBE), and tertiary amyl methyl ether (TAME) are gathering market strength. Ethanol's strength is derived from President Bush's ruling granting a waiver to reformulated gasoline containing ethanol. This waiver allows ethanol blends to have a vapor pressure 1 psi higher than other types of gasoline

Meeting India's growing energy demand with nuclear power

International Nuclear Information System (INIS)

Matzie, R.

2009-01-01

Full text: With world energy demand expected to nearly double by 2030, the need for safe, reliable and clean energy is imperative. In India, energy demand has outpaced the increase in energy production, with the country experiencing as much as a 12 percent gap between peak demand and availability. To meet demand, nuclear power is the ideal solution for providing baseload electricity, and as much as 40-60 GWe of nuclear capacity will need to be added throughout the county over the next 20 years. This presentation will describe the benefits of nuclear power compared to other energy sources, provide an overview of new nuclear power plant construction projects worldwide, and explain the benefits and advantages of the Westinghouse AP1000 nuclear power plant. The presentation will also outline the steps that Westinghouse is taking to help facilitate new nuclear construction in India, and how the company's 'Buy Where We Build' approach to supply chain management will positively impact the Indian economy through continued in-country supplier agreements, job creation, and the exporting of materials and components to support AP1000 projects outside of India. Finally, the presentation will show that the experience Westinghouse is gaining in constructing AP1000 plants in both China and the United States will help ensure the success of projects in India

Wood energy markets, 2010-2011

Science.gov (United States)

Francisco Aguilar; Christopher Gaston; Rens Hartkamp; Warren Mabee; Kenneth Skog

2011-01-01

Global wood energy markets continue to grow, driven primarily by demand in the EU and its commitment to meet 20% of energy consumption from renewable sources by 2020. Large investments in industrial pellet-production capacity have been made under expectations of a continuously growing demand, mainly from the EU. Concern about how energy and climate-change policies may...

The elasticity of drugs demand in Colombia’s pharmaceutical market

Directory of Open Access Journals (Sweden)

Johanna Vásquez Velásquez

2013-06-01

Full Text Available Based on a dynamic specification of the AIDS model arisen from cointegration techniques, this research estimated the elasticity of the intra-molecular, brand and generic demand for three tracer conditions: essential hypertension, diabetes and hyperlipidemia both in the non-profit and private Colombian market. The estimate of the intra-molecular demand elasticity allows us to conclude that both brand-name and generic drugs are inelastic to price changes, they are luxury goods according to expenditure elasticity and intra-molecular replacement seems to exist due to the elasticity of substitution.

Long-term evaluation of individualized marketing programs for travel demand management

Science.gov (United States)

2010-07-01

This research examines the use of individualized marketing as a transportation demand : management (TDM) strategy, using the City of Portlands SmartTrips program. This research : project has two specific aims: (1) to evaluate whether the benefits ...

EIA sees US gas grid meeting demand in 2000

International Nuclear Information System (INIS)

Anon.

1992-01-01

This paper reports that interstate natural gas pipelines should be able to meet record US natural gas demand by 2000, Energy Information Administration predicts in a new study. The EIA study examined the capacity of 42 long lines, average utilization of the pipeline grid, and recently completed or planned capacity expansions. EIA the significant additional volumes could be transported into some major consuming areas during off-peak periods

Hooked on Coal: Meeting Energy Demands in the Philippines

Science.gov (United States)

2011-10-27

overview/seeking-balance-while-electricity-supply- surges-meet-demand-companies-struggle-find-domestic 10 Lenie Lectura , “Long, Uphill Climb Before...Yet, Says Scientist,” 2 February 2009, accessed 6 October 2017, Proquest. 59 Lenie Lectura , “DOE Chief Favors Nuclear-Power Generation for PHL...139, accessed 6 October 2017, Proquest. 63 Lenie Lectura , “DOE Chief Favors Nuclear-Power Generation for PHL,” Business Mirror, 30 August 2016

Tiered co-payments, pricing, and demand in reference price markets for pharmaceuticals.

Science.gov (United States)

Herr, Annika; Suppliet, Moritz

2017-12-01

Health insurance companies curb price-insensitive behavior and the moral hazard of insureds by means of cost-sharing, such as tiered co-payments or reference pricing in drug markets. This paper evaluates the effect of price limits - below which drugs are exempt from co-payments - on prices and on demand. First, using a difference-in-differences estimation strategy, we find that the new policy decreases prices by 5 percent for generics and increases prices by 4 percent for brand-name drugs in the German reference price market. Second, estimating a nested-logit demand model, we show that consumers appreciate co-payment exempt drugs and calculate lower price elasticities for brand-name drugs than for generics. This explains the different price responses of brand-name and generic drugs and shows that price-related co-payment tiers are an effective tool to steer demand to low-priced drugs. Copyright © 2017 Elsevier B.V. All rights reserved.

Analysis and Strategies of the Unbalance of the Supply and Demand in the Higher Education Market of China

Science.gov (United States)

Ma, Jie

2010-01-01

The popularization of higher education largely impacts the balance of the supply and demand of the China higher education market. Starting from the basic concepts of the supply and demand of higher education, the actuality and influencing factors of the supply and demand in China higher education market are analyzed in this article, and…

[Study on supply and demand relation based on two stages division of market of Chinese materia medica].

Science.gov (United States)

Yang, Guang; Guo, Lan-Ping; Wang, Nuo; Zeng, Yan; Huang, Lu-Qi

2014-01-01

The complex production processes and long industrial chain in traditional Chinese medicine (TCM) market result in difficulty in Chinese market microstructure research. Based on the defining the logical relationships among different concepts. This paper divides TCM market into two stages as Chinese materia medica resource market and traditional Chinese Patent Medicines market. Under this foundation, we investigated the supply capacity, approaching rules and motivation system of suppliers in TCM market, analyzed the demand situation in the perspective of demand side, and evaluated the purchasing power in terms of population profile, income, and insurance. Furthermore we also analyzed the price formation mechanism in two stages of TCM market. We hope this study can make a positive and promotion effect on TCM market related research.

Incentive-based demand response programs designed by asset-light retail electricity providers for the day-ahead market

International Nuclear Information System (INIS)

Fotouhi Ghazvini, Mohammad Ali; Faria, Pedro; Ramos, Sergio; Morais, Hugo; Vale, Zita

2015-01-01

Following the deregulation experience of retail electricity markets in most countries, the majority of the new entrants of the liberalized retail market were pure REP (retail electricity providers). These entities were subject to financial risks because of the unexpected price variations, price spikes, volatile loads and the potential for market power exertion by GENCO (generation companies). A REP can manage the market risks by employing the DR (demand response) programs and using its' generation and storage assets at the distribution network to serve the customers. The proposed model suggests how a REP with light physical assets, such as DG (distributed generation) units and ESS (energy storage systems), can survive in a competitive retail market. The paper discusses the effective risk management strategies for the REPs to deal with the uncertainties of the DAM (day-ahead market) and how to hedge the financial losses in the market. A two-stage stochastic programming problem is formulated. It aims to establish the financial incentive-based DR programs and the optimal dispatch of the DG units and ESSs. The uncertainty of the forecasted day-ahead load demand and electricity price is also taken into account with a scenario-based approach. The principal advantage of this model for REPs is reducing the risk of financial losses in DAMs, and the main benefit for the whole system is market power mitigation by virtually increasing the price elasticity of demand and reducing the peak demand. - Highlights: • Asset-light electricity retail providers subject to financial risks. • Incentive-based demand response program to manage the financial risks. • Maximizing the payoff of electricity retail providers in day-ahead market. • Mixed integer nonlinear programming to manage the risks

The Ukrainian Dental Market: Characteristics of Demand for Services in the Segment of Dental Implantation

Directory of Open Access Journals (Sweden)

Slipchenko Tetiana O.

2017-05-01

Full Text Available The article is aimed at analyzing the market for dental services in Ukraine in the implantology segment, studying the demand factors for these services and developing a system of measures to manage the demand for dental implantation services. It has been proven that the market for dental services according to a complex of its attributes is more in line with the type of market of monopolistic competition. One of the promising ways of developing the dental market is to transform producers of dental services into the vertically integrated holdings. As one of the specific features of the dental services market is allocated the asymmetry of information, which leads to a conflict between the medical and economic interests of dentists. The price and non-price factors of demand for dental implantation services were determined, the prime cost structure of a dental service was analyzed. The characteristic attributes of a medical service have been defined as consistently defined actions or a complex of actions by medical personnel aimed at prevention, diagnosis, treatment, and rehabilitation, which have a self-contained complete meaning and a certain price.

The integration of Price Responsive Demand into Regional Transmission Organization (RTO) wholesale power markets and system operations

International Nuclear Information System (INIS)

Centolella, Paul

2010-01-01

A number of states and utilities are pursuing demand response based on dynamic and time-differentiated retail prices and utility investments in Advanced Metering Infrastructure (AMI), often as part of Smart Grid initiatives. These developments could produce large amounts of Price Responsive Demand, demand that predictably responds to changes in wholesale prices. Price Responsive Demand could provide significant reliability and economic benefits. However, existing RTO tariffs present potential barriers to the development of Price Responsive Demand. Effectively integrating Price Responsive Demand into RTO markets and operations will require changes in demand forecasting, scarcity pricing reform, synchronization of scarcity pricing with capacity markets, tracking voluntary hedging by price responsive loads, and a non-discriminatory approach in curtailments in capacity emergencies. The article describes changes in RTO policies and systems needed incorporate Price Responsive Demand. (author)

Demand response modeling considering Interruptible/Curtailable loads and capacity market programs

International Nuclear Information System (INIS)

Aalami, H.A.; Moghaddam, M. Parsa; Yousefi, G.R.

2010-01-01

Recently, a massive focus has been made on demand response (DR) programs, aimed to electricity price reduction, transmission lines congestion resolving, security enhancement and improvement of market liquidity. Basically, demand response programs are divided into two main categories namely, incentive-based programs and time-based programs. The focus of this paper is on Interruptible/Curtailable service (I/C) and capacity market programs (CAP), which are incentive-based demand response programs including penalties for customers in case of no responding to load reduction. First, by using the concept of price elasticity of demand and customer benefit function, economic model of above mentioned programs is developed. The proposed model helps the independent system operator (ISO) to identify and employ relevant DR program which both improves the characteristics of the load curve and also be welcome by customers. To evaluate the performance of the model, simulation study has been conducted using the load curve of the peak day of the Iranian power system grid in 2007. In the numerical study section, the impact of these programs on load shape and load level, and benefit of customers as well as reduction of energy consumption are shown. In addition, by using strategy success indices the results of simulation studies for different scenarios are analyzed and investigated for determination of the scenarios priority. (author)

Area price and demand response in a market with 25% wind power

International Nuclear Information System (INIS)

Grohnheit, Poul Erik; Andersen, Frits Møller; Larsen, Helge V.

2011-01-01

Denmark, east and west of the Great Belt are bidding areas with separate hourly area prices for the Nord Pool power exchange, covering four Nordic countries and parts of Germany. The share of wind power has now increased to 25% on an annual basis in western Denmark. This has a significant impact not only on the electricity wholesale prices, but also on the development of the market. Hourly market data are available from the website of Danish TSO from 1999. In this paper these data are analysed for the period 2004–2010. Electricity generators and customers may respond to hourly price variations, which can improve market efficiency, and a welfare gain is obtained. An important limitation for demand response is events of several consecutive hours with extreme values. The analysis in this paper is a summary and update of some of the issues covered by the EU RESPOND project. It shows that extreme events were few, and the current infrastructure and market organisation have been able to handle the amount of wind power installed so far. This recommends that geographical bidding area for the wholesale electricity market reflects external transmission constraints caused by wind power. - Highlights: ► More than 10 years of hourly electricity market data are available for western Denmark. ► Current infrastructure and market organisation could handle 25% wind power. ► Demand response to hourly electricity prices leads to limited welfare gain. ► Consecutive hours with high or low price, or high or low wind are relatively few.

SUPPLY AND DEMAND ON THE RUSSIAN STOCK MARKET: A SOCIOECONOMIC ANALYSIS

Directory of Open Access Journals (Sweden)

Podgornyy Boris Borisovich

2013-03-01

Full Text Available The stock market in advanced economies allows people to participate in the economic development by investing their savings in equities of leading and emerging industries. It solves a number of economic and social problems. There is less than 1% of the population takes part in investing in shares and other securities In Russia. The structure of Russian commercial organizations, the supply and demand of the Russian stock market are analyzes in the paper. Also the results of original sociological research explains the meaning of the factors wich are limiting the population to investing in the stock market instruments. And there are some measures proposed for the further development of the Russian stock market. The results of the research have both theoretical and practical significance. That can be used in the development of national and regional activities aimed at the development of the Stock Market and attracting the Russian population to invest the Stock Market instruments.

How to Align the University Curricula with the Market Demands by Developing Employability Skills in the Civil Engineering Sector

Directory of Open Access Journals (Sweden)

Livia Anastasiu

2017-09-01

Full Text Available The purpose of the research is to discover which employability skills may be developed by students from technical universities in order to meet market demands. Since graduates from technical universities face unemployment or over qualification for vacant jobs, we presumed that there is a misalignment between employers’ expectations concerning graduates’ skills and what they really get from school. Therefore, we conceived a questionnaire to see the demands of the business environment regarding graduates’ technical and professional skills. After analyzing the data, we proposed an interdisciplinary module system, where the mentors coming from the companies involved in the study teach voluntary or optional courses and applications in the domains where they have expertise. We used the employability skills model to find that mix of competencies that may help graduates find jobs in their field of knowledge. This innovative method serves universities, students and companies as well: the prestige of a university is quantified by the experts delivered into the labor market; companies will have well prepared employees in their specific area, with less costs; students will find jobs which will match their expectations, giving them motivation to perform. The limitation of the present research is that the study refers only to the Civil Engineering specialization of the Technical University Cluj-Napoca Romania.

Eastern markets : is there enough demand for new supply?

International Nuclear Information System (INIS)

Holder, J.

1998-01-01

The issue of the energy market's ability to support pipeline expansion projects was discussed. Pipeline expansion is a natural corollary of deregulation. Since expansion and competition in the natural gas industry go hand in hand, pipeline expansion is inevitable, imperative and in the longer-term is in the best interest of the end use gas consumer. The effect of pipeline expansion on local distribution companies (LDCs) such as Consumers Gas which serves eastern Canadian markets was also described. It was explained that LDCs are being transformed by deregulation which has opened the market to direct purchasing, meaning that end-users (including residential customers) can buy their natural gas through various brokers, marketers and producers. Some of the other factors affecting the demand for natural gas such as convergence, deregulation, the environment, and their impact were also discussed. It was suggested that in the near-term there is a possibility of over-construction of pipeline capacity, resulting in the demise of some of the projects. Even in the longer-term, only the pipelines that are willing to differentiate themselves from other pipelines by providing more customer choice, more service options and better service, will prosper. Market and regulatory advantage can also be gained by quickly reacting to changing market conditions through expansion of existing pipelines in stages via compression and looping. In pipeline construction timing is critical

CONTEMPORARY TRENDS IN THE TOURISM MARKET

Directory of Open Access Journals (Sweden)

Dushica Mateta Gigova

2016-07-01

Full Text Available By the term market, in the widest since of the word, means a set of everyday relations of demand and supply to various types of goods, in which the exchange is carried out through the intermediation of money. As a mixture of the interaction between supply and demand, the market is actually a mixture of the overall supply and overall demand for goods and services, production resources and loans. These relations act constantly, in a certain time and place. It is a mixture of legal interaction between supply and demand. The market is a summation of all facilities, zones and offices that provide organized and constant contact between buyers and sellers, or encounter of the supply and demand, which leads to the implementation of goods. The basic idea of the market can be defined as material and immaterial centralization and concentration of supply and demand in one or more economic goods within a specified period of time. Accordingly, in the widest sense, the market is part of the socio-economic system and its functions are - by means of it to realize reproduction of material production, and the occalist manufacturing relations. The market is a particular place where you meet the seller and the buyer and where are concluded bills of sale. It can be: shop, marketplace, daily or weekly market, an annual trade fair (fair, contemporary fair of samples, stock market , purchase or sale of department of industrial or wholesale trading company. The term "market" can mean territory (zone.

Professional Training of Marketing Specialists: Foreign Experience

Science.gov (United States)

Zakharchenko, Yuliia

2017-01-01

Due to content-based analysis of marketing specialists' professional training and approaches to development of their educational trajectory, it has been revealed that curricula and their content are given much attention by employers whose demands are focused on meeting current labour market conditions. It has been justified that despite the…

Research on Simulation Requirements and Business Architecture of Automated Demand Response in Power Sales Side Market Liberalization

Science.gov (United States)

Liu, Yiqun; Zhou, Pengcheng; Zeng, Ming; Chen, Songsong

2018-01-01

With the gradual reform of the electricity market, the power sale side liberalization has become the focus of attention as the key task of reform. The open power market provides a good environment for DR (Demand Response). It is of great significance to research the simulation requirements and business architecture of ADR (Automatic Demand Response) in power sale side market liberalization. Firstly, this paper analyzes the simulation requirements of ADR. Secondly, it analyzes the influence factors that the business development of ADR from five aspects after power sale side market liberalization. Finally, Based on ADR technology support system, the business architecture of ADR after power sale side market liberalization is constructed.

Demand Response in U.S. Electricity Markets: Empirical Evidence

OpenAIRE

Cappers, Peter

2009-01-01

Empirical evidence concerning demand response (DR) resources is needed in order to establish baseline conditions, develop standardized methods to assess DR availability and performance, and to build confidence among policymakers, utilities, system operators, and stakeholders that DR resources do offer a viable, cost-effective alternative to supply-side investments. This paper summarizes the existing contribution of DR resources in U.S. electric power markets. In 2008, customers enrolled in ...

Sustainability Analysis and Market Demand Estimation in the Retail Industry through a Convolutional Neural Network

Directory of Open Access Journals (Sweden)

Luyao Wang

2018-05-01

Full Text Available The Chinese retail industry is expected to grow dramatically over the next few years, owing to the rapid increase in purchasing power of Chinese consumers. Retail managers should analyze the market demands and avoid dull sales to promote the sustainable development of the retail industry. Economic sustainability in the retail industry, which refers to a suitable return of investment, requires the implementation of precise product allocation strategies in different regions. This study proposed a hybrid model to evaluate economic sustainability in the preparation of goods of retail shops on the basis of market demand evaluation. Through a grid-based convolutional neural network, a regression model was first established to model the relationship between consumer distribution and the potential market demand. Then, another model was proposed to evaluate the sustainability among regions based on their supply-demand analysis. An experiment was conducted based on the actual sales data of retail shops in Guiyang, China. Results showed an immense diversity of sustainability in the entire city and three classes of regions were distinguished, namely, high, moderate, and limited. Our model was proven to be effective in the sustainability evaluation of supply and demand in the retail industry after validation showed that its accuracy reached 92.8%.

Market and policy barriers for demand response providing ancillary services in U.S. markets

Energy Technology Data Exchange (ETDEWEB)

Cappers, Peter [Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States); MacDonald, Jason [Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States); Goldman, Charles [Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States)

2013-03-01

This study provides an examination of various market and policy barriers to demand response providing ancillary services in both ISO/RTO and non-ISO/RTO regions, especially at the program provider level. It is useful to classify barriers in order to create a holistic understanding and identify parties that could be responsible for their removal. This study develops a typology of barriers focusing on smaller customers that must rely on a program provider (i.e., electric investor owned utility or IOU, ARC) to create an aggregated DR resource in order to bring ancillary services to the balancing authority. The barriers were identified through examinations of regulatory structures, market environments, and product offerings; and discussions with industry stakeholders and regulators. In order to help illustrate the differences in barriers among various wholesale market designs and their constituent retail environments, four regions were chosen to use as case studies: Colorado, Texas, Wisconsin, and New Jersey.

Characterizing U.S. Heat Demand Market for Potential Application of Geothermal Direct Use

Energy Technology Data Exchange (ETDEWEB)

McCabe, Kevin; Gleason, Michael; Reber, Tim; Young, Katherine R.

2017-05-01

In this paper, we assess the U.S. demand for low-temperature thermal energy at the county resolution for four major end-use sectors: residential buildings, commercial buildings, manufacturing facilities, and agricultural facilities. Existing, publicly available data on the U.S. thermal demand market are characterized by coarse spatial resolution, with assessments typically at the state-level or larger. For many uses, these data are sufficient; however, our research was motivated by an interest in assessing the potential demand for direct use (DU) of low-temperature (30 degrees to 150 degrees C) geothermal heat. The availability and quality of geothermal resources for DU applications are highly spatially heterogeneous; therefore, to assess the potential market for these resources, it is necessary to understand the spatial variation in demand for low-temperature resources at a local resolution. This paper presents the datasets and methods we used to develop county-level estimates of the thermal demand for the residential, commercial, manufacturing, and agricultural sectors. Although this analysis was motivated by an interest in geothermal energy deployment, the results are likely to have broader applications throughout the energy industry. The county-resolution thermal demand data developed in this study for four major U.S. sectors may have far-reaching implications for building technologies, industrial processes, and various distributed renewable energy thermal resources (e.g. biomass, solar).

Global sugar market – the analysis of factors influencing supply and demand

Directory of Open Access Journals (Sweden)

Lenka Rumánková

2013-01-01

Full Text Available This article deals with an analysis of the world sugar market, and specifically focuses on the supply and demand of refined sugar and their main determinants. The article first identifies the main determinants of the world supply of and demand for sugar, and further, their effect on such variables is quantified. Further, the component correlations on the selected market are analyzed. This consists of the identification of the factors affecting the production of refined sugar, as one of the main elements of the supply of sugar, as well as an analysis of the world price of sugar, as one of the significant factors affecting the world sugar market. The said correlations are quantified with the utilization of regression analysis on the basis of time series of the individual variables within the years 1980–2010. On the basis of the conducted analysis, the main determinants of the sugar supply on the world market within the analyzed period, for which an effect has been established both from an economic viewpoint, as well as from a statistical viewpoint, can be considered to be sugar reserves, its price and the acreage of sugarcane. The main determinant of the demand for sugar is, according to the conducted analysis, the global GDP on a new value level, as well as converted to one inhabitant. Further, the analysis also established the effect of the price of sugar and its reserves on the world production of refined sugar, and, last but not least, also the long-term tendency in the development of the world price of sugar. The analysis has proven significant influence of refined sugar supply, reserves of refined sugar, its price and area of sugar cane on sugar supply. Then, the analysis detected GDP as the main determinant of the sugar demand and the long memory in sugar prices. Finally, the influence of delayed price, reserves and delayed reserves on production has been proven.

Capacity market design and renewable energy: Performance incentives, qualifying capacity, and demand curves

Energy Technology Data Exchange (ETDEWEB)

Botterud, Audun; Levin, Todd; Byers, Conleigh

2018-01-01

A review of capacity markets in the United States in the context of increasing levels of variable renewable energy finds substantial differences with respect to incentives for operational performance, methods to calculate qualifying capacity for variable renewable energy and energy storage, and demand curves for capacity. The review also reveals large differences in historical capacity market clearing prices. The authors conclude that electricity market design must continue to evolve to achieve cost-effective policies for resource adequacy.

Market Power with Interdependent Demand. Sale of Emission Permits and Natural Gas from Russia

International Nuclear Information System (INIS)

Hagem, C.; Kallbekken, S.; Westskog, H.; Maestad, O.

2006-01-01

With implementation of the Kyoto Protocol, Russia will most likely be able to exert market power in the emission permit market. But, as Russia is also a big exporter of fossil fuels, the incentives to boost the permit price may be weak. However, a significant share of Russia's fossil fuel exports is natural gas. If a high permit price boosts the demand for natural gas through substitution from more polluting fuels and thus increase gas profits, this may increase the incentives to exert monopoly power in the permit market. Moreover, a large fossil fuel exporter may use its market position to influence the effective demand for permits. Hence, the relationship between permit income and fossil fuels exports runs in both directions. In this article, we explore the interdependence between the revenues from permit and fossil fuel exports both theoretically and numerically. A computable general equilibrium model suggests the fact that Russia as a big gas exporter has small effect on the incentives to exert monopoly power in the permit market. Moreover, Russia's monopoly power in the permit market has a small, but non-negligible impact on the optimal level of Russian gas exports. (author)

Oil demand continues to grow in the U.S. and worldwide

International Nuclear Information System (INIS)

Tippee, B.; Beck, R.J.

1995-01-01

Rising oil consumption is challenging the Organization of Petroleum Exporting Countries production quota--but not the group's ability to meet demand. In the second half of 1995, the oil market will continue to need more oil from OPEC members than the group claims to be willing to produce with its quota at 24.52 million b/d. If the quota really limited supply, ingredients would be in place for a significant price hike. Growth in a non-OPEC production intensities temptations on OPEC members to cheat on quotas and has become a key factor in the market. OPEC producers have seen that if they don't meet incremental demand at the current price, other producers will. OPEC eventually will have to raise its quota or acknowledge that the artificial production limit lacks meaning. At present, the only real limit to supply is production capacity, which remains in excess relative to demand and which has demonstrated its ability to grow both within and outside of OPEC when prices rise. The paper discusses worldwide trends, pressures on OPEC, world crude prices, US prices, natural gas prices, US energy demand, natural gas use, gas supply, US demand for petroleum products, imports, and inventories

An economic welfare analysis of demand response in the PJM electricity market

International Nuclear Information System (INIS)

Walawalkar, Rahul; Blumsack, Seth; Apt, Jay; Fernands, Stephen

2008-01-01

We analyze the economic properties of the economic demand-response (DR) program in the PJM electricity market in the United States using DR market data. PJM's program provided subsidies to customers who reduced load in response to price signals. The program incorporated a 'trigger point', at a locational marginal price of $75/MWh, at or beyond which payments for load reduction included a subsidy payment. Particularly during peak hours, such a program saves money for the system, but the subsidies involved introduce distortions into the market. We simulate demand-side bidding into the PJM market, and compare the social welfare gains with the subsidies paid to price-responsive load using load and price data for year 2006. The largest economic effect is wealth transfers from generators to non price-responsive loads. Based on the incentive payment structure that was in effect through the end of 2007, we estimate that the social welfare gains exceed the distortions introduced by the subsidies. Lowering the trigger point increases the transfer from generators to consumers, but may result in the subsidy outweighing the social welfare gains due to load curtailment. We estimate that the socially optimal range for the incentive trigger point would be $66-77/MWh

Coal transport demand in Western Europe and Japan: Impacts of energy market liberalisation and climate policy

International Nuclear Information System (INIS)

Golombek, Rolf; Kittelsen, Sverre A.C.; Maestad, Ottar

2005-12-01

Western Europe and Japan are among the main importers of coal. Climate policies following the Kyoto agreement are creating pressure to substitute away from coal and turn to less emission intensive energy sources. At the same time, liberalizations of energy markets in Europe and Japan are likely to cause reduced electricity prices, which will boost the overall demand for electricity. This paper analyses the combined effect of electricity market liberalization and climate policies on the international coal trade. Using the numerical equilibrium model LIBEMOD, we find that while liberalization of electricity markets will imply a large increase in aggregate coal transport demand, the negative impact of climate policies may be even larger, in particular if Russia and Ukraine utilise their market power in the market for emission permits. If this market power is exploited, the total effect of liberalisation and climate policy - when including the impact of general economic growth - is a 20% reduction in aggregate coal transport between 2000 and 2010. Further, impacts differ markedly between Western Europe and Japan. A main difference is that liberalisation has a much more positive - and climate policies have a much stronger negative - impact on steam coal demand in Western Europe than in Japan

Impedance is modulated to meet accuracy demands during goal-directed arm movements

NARCIS (Netherlands)

Selen, L.P.J.; Beek, P.J.; van Dieen, J.H.

2006-01-01

The neuromuscular system is inherently noisy and joint impedance may serve to filter this noise. In the present experiment, we investigated whether individuals modulate joint impedance to meet spatial accuracy demands. Twelve subjects were instructed to make rapid, time constrained, elbow extensions

[Cigarette taxes and demand in Colombia].

Science.gov (United States)

Maldonado, Norman; Llorente, Blanca; Deaza, Javier

2016-10-01

Estimate price and income elasticities of aggregate demand for cigarettes in Colombia, by controlling for structural market changes since the late 1990s, to identify policy opportunities for taxes that could improve public health and increase tax revenues. Measurement of aggregate demand for cigarettes using gross income reported on value-added tax returns submitted to Colombia's National Tax and Customs Office (DIAN is the acronym in Spanish) by the tobacco product manufacturing industry, subtracting exports. A quarterly time series was obtained for the period 1994-2014. The econometric estimation using two-stage least squares controls for price endogeneity and uses a set of dummy variables to control for structural changes in the market and in its regulation. Demand is, from a statistical standpoint, sensitive to price and to income. Price elasticity of demand is -0.78 and income elasticity is 0.61. Inelastic demand implies that it is possible, through cigarette excise taxes, to meet public health targets and increase revenues simultaneously. The results also suggest that the considerable increase in household income in Colombia in the first decade of the 21st century increased purchasing power, which, lacking an accompanying tax increase, promoted cigarette consumption, with negative effects on public health, and wasted an opportunity to increase tax revenues.

SUPPLY AND DEMAND ON THE RUSSIAN STOCK MARKET: A SOCIOECONOMIC ANALYSIS

Directory of Open Access Journals (Sweden)

Борис Борисович Подгорный

2013-04-01

Full Text Available The stock market in advanced economies allows people to participate in the economic development by investing their savings in equities of leading and emerging industries. It solves a number of economic and social problems. There is less than 1% of the population takes part in investing in shares and other securities In Russia.The structure of Russian commercial organizations, the supply and demand of the Russian stock market are analyzes in the paper. Also the results of original sociological research explains the meaning of  the factors wich are limiting the population to investing in the stock market instruments. And there are some measures proposed for the further development of the Russian stock market.The results of the research have both theoretical and practical significance. That can be used in the development of national and regional activities aimed at the development of the Stock Market and attracting the Russian population to invest the Stock Market instruments.DOI: http://dx.doi.org/10.12731/2218-7405-2013-3-23

Incentive-based demand response programs designed by asset-light retail electricity providers for the day-ahead market

DEFF Research Database (Denmark)

Fotouhi Ghazvini, Mohammad Ali; Faria, Pedro; Ramos, Sergio

2015-01-01

how a REP with light physical assets, such as DG (distributed generation) units and ESS (energy storage systems), can survive in a competitive retail market. The paper discusses the effective risk management strategies for the REPs to deal with the uncertainties of the DAM (day-ahead market) and how...... to hedge the financial losses in the market. A two-stage stochastic programming problem is formulated. It aims to establish the financial incentive-based DR programs and the optimal dispatch of the DG units and ESSs. The uncertainty of the forecasted day-ahead load demand and electricity price is also...... taken into account with a scenario-based approach. The principal advantage of this model for REPs is reducing the risk of financial losses in DAMs, and the main benefit for the whole system is market power mitigation by virtually increasing the price elasticity of demand and reducing the peak demand....

Nursing education in China: Meeting the global demand for quality healthcare

Directory of Open Access Journals (Sweden)

Carol Chunfeng Wang

2016-03-01

This paper argues that the standard of nursing education in China plays a crucial role in preparing graduates to meet the health demands of China's growing population and the role that China can play into the future in the global progression of nursing. Collaboration between nursing authorities, educators, and legislators is required to support the progression of nursing worldwide.

Uranium 2009: Resources, Production and Demand

International Nuclear Information System (INIS)

2010-01-01

With several countries currently building nuclear power plants and planning the construction of more to meet long-term increases in electricity demand, uranium resources, production and demand remain topics of notable interest. In response to the projected growth in demand for uranium and declining inventories, the uranium industry - the first critical link in the fuel supply chain for nuclear reactors - is boosting production and developing plans for further increases in the near future. Strong market conditions will, however, be necessary to trigger the investments required to meet projected demand. The 'Red Book', jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is a recognised world reference on uranium. It is based on information compiled in 40 countries, including those that are major producers and consumers of uranium. This 23. edition provides a comprehensive review of world uranium supply and demand as of 1 January 2009, as well as data on global uranium exploration, resources, production and reactor-related requirements. It provides substantive new information from major uranium production centres around the world, as well as from countries developing production centres for the first time. Projections of nuclear generating capacity and reactor-related uranium requirements through 2035 are also featured, along with an analysis of long-term uranium supply and demand issues

Methodology for the identification, evaluation and prioritization of market handicaps which prevent the implementation of Demand Response: Application to European electricity markets

International Nuclear Information System (INIS)

Alcázar-Ortega, Manuel; Calpe, Carmen; Theisen, Thomas; Carbonell-Carretero, José Francisco

2015-01-01

This paper presents a methodology for the identification, analysis and comparative assessment of the handicaps which nowadays prevent the higher implementation of Demand Response (DR) in the electricity market. Its application provides a hierarchical organization of handicaps from the most critical to the less critical and then, from the easiest to the most difficult to overcome. This makes possible to determine which barriers would be a priority, which may indicate the direction of regulatory changes to properly address these handicaps and so, stimulating a higher participation of the demand side in electricity markets. After applying the methodology to three European countries, 34 handicaps have been identified, analyzing which of these handicaps affect such stakeholders as grid operators, retailers and customers and how these stakeholders are affected. For each handicap, the criticality and difficulty to overcome the different handicaps have been studied, based on detailed information coming from personal interviews to experts representing the different stakeholders in the electricity trading chain. Regulatory barriers have been identified as the most critical and difficult to overcome. Together with regulatory changes, the promotion of aggregators and the training of customers on DR applications are some of the most significant initiatives. - Highlights: • Market handicaps prevent the application of Demand Response in electricity markets. • A methodology to identify and organize such market handicaps has been developed. • The evaluation and quantification of criticality and difficulty to overcome is done. • A hierarchical list prioritizing handicaps to be addressed is obtained. • Market handicaps of three European countries were evaluated through this methodology.

USING ALMOST IDEAL DEMAND SYSTEM TO ANALYZE DEMAND FOR SHRIMP IN US FOOD MARKET

Directory of Open Access Journals (Sweden)

Xia “Vivian” Zhou

2015-07-01

Full Text Available This paper analyzes the demand for shrimp along with beef, pork, and chicken in the US food market, which contributes much to predicting supply strategies, consumer preferences and policy making. It focuses on the own and cross elasticity relationship between the expenditure share, price, and expenditure changes. An Almost Ideal Demand System (AIDs model and two alternative specifications (both nonlinear AIDs and LA-AIDs are used to estimate a system of expenditure share equations for ocean shrimp, penaeid shrimp, beef, pork, and chicken. Empirical results from nonlinear AIDs model is compared with those from LA-AIDs model. There are quite a few inconsistency between nonlinear and LA results. Results from nonlinear are more expected and more complied with microeconomic theory than those from LA. Also, results indicated that some insignificant slope coefficients and inappropriate signs of them did not comply with microeconomic theory. This could be caused by heteroscedasticity, autocorrelation, a limitation in the data used, or shrimp is a quite different commodity.

Imitation analysis : Early prediction of the market demand for major innovations

NARCIS (Netherlands)

Langley, D.J.; Pals, N.; Ortt, J.R.; Bijmolt, T.H.A.

2009-01-01

Purpose - The purpose of this paper is to describe a method of estimating the likelihood that a person with particular characteristics will imitate a particular new behaviour (i.e. the use of an innovation). This estimation can be used to provide a new form of forecast for the likely market demand

Development of world energy requirements and ways of meeting the demand

International Nuclear Information System (INIS)

Valvoda, Z.

1977-01-01

The development is described of the past and future energy demand and the possibility is discussed of using fossil and non-fossil energy sources in meeting the needs of population. The use of alternative energy sources is recommended to reduce the fossil fuel demand, such as solar energy, water energy, geothermal energy, tidal energy, wind energy, sea wave energy, ocean temperature gradients, photosynthesis, glacier energy and nuclear fission energy. The comparison of the possible use of the respective types of energy sources shows that only geothermal energy, tidal energy and the nuclear energy produced by thermal reactors have undergone the whole developmental stage and are industrially applicable. (Oy)

Market and Policy Barriers for Demand Response Providing Ancillary Services in U.S. Markets

Energy Technology Data Exchange (ETDEWEB)

Cappers, Peter [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); MacDonald, Jason [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Goldman, Charles [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2013-03-01

In this study, we attempt to provide a comprehensive examination of various market and policy barriers to demand response providing ancillary services in both ISO/RTO and non-ISO/RTO regions, especially at the program provider level. It is useful to classify barriers in order to create a holistic understanding and identify parties that could be responsible for their removal. This study develops a typology of barriers focusing on smaller customers that must rely on a program provider (i.e., electric investor owned utility or IOU, ARC) to create an aggregated DR resource in order to bring ancillary services to the balancing authority.ii The barriers were identified through examinations of regulatory structures, market environments, and product offerings; and discussions with industry stakeholders and regulators. In order to help illustrate the differences in barriers among various wholesale market designs and their constituent retail environments, four regions were chosen to use as case studies: Colorado, Texas, Wisconsin, and New Jersey. We highlight the experience in each area as it relates to the identified barriers.

Impact of Demand Side Management in Active Distribution Networks

DEFF Research Database (Denmark)

Ponnaganti, Pavani; Bak-Jensen, Birgitte; Pillai, Jayakrishnan Radhakrishna

2017-01-01

Demand Side Management (DSM) is an efficient flexible program which helps distribution network operators to meet the future critical peak demand. It is executed in cases of not only technical issues like voltage sag or swell, transformer burdening, cable congestions, but also to increase the degree...... of visibility in the electricity markets. The aim of this paper is to find the optimal flexible demands that can be shifted to another time in order to operate the active distribution system within secure operating limits. A simple mechanism is proposed for finding the flexibility of the loads where electric...

Estimating the Market Demand and Elasticity for Enrollment at an Institution

Science.gov (United States)

Wohlgemuth, Darin

2013-01-01

This article presents an applied research framework that can be helpful in tuition and net price policy discussions. It is the classic microeconomic concept of market demand applied to enrollment management in higher education. The policy relevance includes measuring a response to price. For example, the results of this model will allow the…

Understanding Air Transportation Market Dynamics Using a Search Algorithm for Calibrating Travel Demand and Price

Science.gov (United States)

Kumar, Vivek; Horio, Brant M.; DeCicco, Anthony H.; Hasan, Shahab; Stouffer, Virginia L.; Smith, Jeremy C.; Guerreiro, Nelson M.

2015-01-01

This paper presents a search algorithm based framework to calibrate origin-destination (O-D) market specific airline ticket demands and prices for the Air Transportation System (ATS). This framework is used for calibrating an agent based model of the air ticket buy-sell process - Airline Evolutionary Simulation (Airline EVOS) -that has fidelity of detail that accounts for airline and consumer behaviors and the interdependencies they share between themselves and the NAS. More specificially, this algorithm simultaneous calibrates demand and airfares for each O-D market, to within specified threshold of a pre-specified target value. The proposed algorithm is illustrated with market data targets provided by the Transportation System Analysis Model (TSAM) and Airline Origin and Destination Survey (DB1B). Although we specify these models and datasources for this calibration exercise, the methods described in this paper are applicable to calibrating any low-level model of the ATS to some other demand forecast model-based data. We argue that using a calibration algorithm such as the one we present here to synchronize ATS models with specialized forecast demand models, is a powerful tool for establishing credible baseline conditions in experiments analyzing the effects of proposed policy changes to the ATS.

Developments in uranium resources, production, demand and the environment. Proceedings of a technical committee meeting

International Nuclear Information System (INIS)

2005-01-01

Globalization has led to growing importance of the uranium production industries of the world's developing countries. Uranium supply from these countries could be increasingly important in satisfying worldwide reactor requirements over time. Along with the increasing contribution to worldwide uranium supply, the environmental impact of uranium production in developing countries has come under increasing scrutiny from the nuclear power industry, the end-users of this supply, and from communities impacted by uranium mining and processing. The papers presented at the meeting on 'Developments in Uranium Resources, Production, Demand and the Environment' provide an important overview of uranium production operations and of their environmental consequences in developing countries, as well as offering insight into future production plans and potential. Along with their increasing contribution to worldwide uranium supply, the environmental impact of uranium production in developing countries has come under increasing scrutiny from the nuclear power industry, the end users of this supply, and by communities impacted by uranium mining and processing. Therefore, the environmental consequences of uranium production were included in the meeting agenda as noted in the meeting title, 'Developments in uranium resources, production, demand and the environment'. Accordingly, the papers presented at this meeting are about evenly divided between discussions of known and potential uranium resources and uranium production technology and the environmental impact of uranium mining and processing, its related remediation technology and its costs. Though emphasis is placed on uranium programmes in developing countries, an overview of COGEMA's worldwide activities is also presented. This presentation provides insight into the strategies of arguably the Western world's most integrated and diversified uranium company, including the geographic diversity of its exploration and production

Natural gas markets in the Pacific Rim

International Nuclear Information System (INIS)

Hertzmark, D.I.

1991-01-01

In the 1980s, Asian energy markets expanded at a rapid rate to meet the surge in demand from Japan, South Korea, and Taiwan. This demand boom coincided with an increase in non-OPEC oil production in the region. As oil production stabilizes, demand appears to be surging again, but this time in the Southeast Asian countries. Natural gas will play a key role in this expansion of energy use and could start to lead rather than follow the oil market. This will be especially true as compressed natural gas and oxygenates start to take significant shares of the transportation fuel markets, while the role of residual fuel oil is increasingly usurped by gas for environmental reasons. Many new gas sources such as Papua New Guinea, Siberia, China, and Canada will fight for market share while domestic demand in Indonesia and Malaysia takes up increasing proportions of those countries' gas production. Extensive regional transportation schemes are likely to direct more of the gas output of Southeast Asia to intra-ASEAN uses. 2 tabs

Behavioral aspects of regulation: A discussion on switching and demand response in Turkish electricity market

International Nuclear Information System (INIS)

Sirin, Selahattin Murat; Gonul, Mustafa Sinan

2016-01-01

Electricity sector has been transformed from state-owned monopolistic utilities to competitive markets with an aim to promote incentives for improving efficiency, reducing costs and increasing service quality to customers. One of the cardinal assumptions of the liberalized and competitive electricity markets is the rational actor, and decision-makers are assumed to make the best decisions that maximize their utility. However, a vast literature on behavioral economics has shown the weakness of economic theory in explaining and predicting individuals’ decision-making behavior. This issue is quite important for competition in electricity markets in which consumers’ preferences have a significant role. Despite its importance, this issue has almost been neglected in Turkey, which has taken major steps in electricity sector restructuring. Therefore, this paper aims to examine switching and demand response behavior in Turkish electricity market by using multiple correspondence and panel data analysis, and findings are discussed in light of the neoclassical and behavioral economics literature. Analyses’ results show that consumers’ switching and demand response behavior is consistent with the neoclassical literature to some extent; however, behavioral factors are also affecting consumers’ decisions. Furthermore, there are systemic problems that hinder effective functioning of the electricity market and restrict competition. - Highlights: • Behavioral economics can provide insights for consumer’ decisions. • Switching and demand response behavior is examined by econometric methods. • Results is consistent with the neoclassical literature to some extent • However, behavioral factors are also affecting consumers’ decisions.

Market based generation: A promising market management option

International Nuclear Information System (INIS)

Siddiqi, R.

1992-01-01

It is proposed to ease the tension between demand management and supply side management at electric utilities through the introduction of a concept called market management. Market management provides a framework for developing and evaluating the attractiveness of new products and services such as dispersed generation hardware, implementation services, and complementary pricing structures. A market management strategy is the definition of market segments, creating products for those segments, evaluation of the profitability of the product-segment combinations, commitment of resources to those segments, and development of product and marketing plans for those segments. A brief analysis of backup generation is presented as an example of market management. In this example, the customer that is backed up shares some portion of the capital and maintenance costs of the backup unit through priority service rates; the utility and customers that are not backed up can obtain the use of the generating resource but pay only a portion of its costs. Backup generation programs have been found to provide utilities with the ability to meet peak load requirements more cheaply than by investing in peaking capacity. Other benefits for utilities include protection of market share, more efficient rates, and a new source of revenues. With the advances in the technology of small-scale generation, utilities can examine bundling various pricing options with market based generation to offer alternative value-added service options to customer segments with demand characteristics that make these technologies attractive. 3 figs

How rich is Australia's minerals endowment and is it adequate to sustain a major role in meeting international demand?

Science.gov (United States)

Lambert, I. B.

2012-04-01

Dr Ian Lambert, Geoscience Australia and Secretary General 34th International Geological Congress Australia has comparative advantages in production of mineral commodities compared to most other countries. These stem from its rich and diverse mineral endowment; availability of regional scale (pre-competitive) geoscience information to lower the risks of exploration; advances in exploration, mining and processing technologies; skilled work force; generally benign physical conditions; and low population density. Building on these strengths, Australia is a major producer and exporter of a wide range of mineral and energy commodities to global markets. Given that demand for most major commodities is likely to continue, and that there will be growing markets for some other commodities, Australia needs to have a strategic view of what is likely to be available for mining. Further, Australia (and the world) needs to be attuned to issues that need to be faced in meeting international demand for commodities in the long term. This presentation outlines how Australia's national minerals inventory is compiled. It discusses trends for Australia's identified mineral resources for major commodities, and how these compare with other major mining nations. It then considers some significant issues in relation to sustaining a strong mining sector - in the medium to long term this requires a strategic approach to achieve goals such as more effective/lower risk exploration particularly in greenfields regions; well-Informed decisions on mining proposals; ongoing significant improvements in efficiencies of energy, water and land use.

Renewable generation versus demand-side management. A comparison for the Spanish market

International Nuclear Information System (INIS)

Roldán Fernández, Juan Manuel; Burgos Payán, Manuel; Riquelme Santos, Jesús Manuel; Trigo García, Ángel Luis

2016-01-01

Conventionally the required instantaneous balance generation-load is achieved by adjusting production to fit variable consumer demand. Nowadays, a significant and increasing segment of generation is renewable. But renewable production cannot be scheduled on request since its generation is dependent on nature (wind, sun, …). In this context, demand-side management (DSM) would help since it would be advisable for part of the flexibility to be provided by the demand. The integration of renewable production and demand-side management (DSM), are compared in this work for Spain throughout 2008–2014. First a qualitative model, based on the linearization of the wholesale market, is employed to explore some hypotheses. A set of scenarios are then examined to quantify the main effects on the market. The results show that DSM exhibits the best performance in terms of economic efficiency and environmental sustainability, as well as for the reduction of load peaks and losses in the system, what suggests the convenience of promoting plans for the replacement of equipment with other more efficient as well as the implementation of real-time tariffs. - Highlights: •The impact of the integration of renewable production versus DSM has been compared. •Merit-order effect related to energy efficiency and to load-shifting is identified. •Large industries achieve energy efficiency with less CAPEX than renewable generation. •Load-shifting cycle yields a reduction of the traded energy and the economic volume.

Strategic and Tactical Design of Competing Decentralized Supply Chain Networks with Risk-Averse Participants for Markets with Uncertain Demand

OpenAIRE

Hafezalkotob, Ashkan; Makui, Ahmad; Sadjadi, Seyed Jafar

2011-01-01

An integrated equilibrium model for tactical decisions in network design is developed. We consider a decentralized supply chain network operating in markets under uncertain demands when there is a rival decentralized chain. The primary assumption is that two chains provide partial substitutable products to the markets, and markets' demands are affected by tactical decisions such as price, service level, and advertising expenditure. Each chain consists of one risk-averse manufacturer and a set...

The demographic impact and development benefits of meeting demand for family planning with modern contraceptive methods.

Science.gov (United States)

Goodkind, Daniel; Lollock, Lisa; Choi, Yoonjoung; McDevitt, Thomas; West, Loraine

2018-01-01

Meeting demand for family planning can facilitate progress towards all major themes of the United Nations Sustainable Development Goals (SDGs): people, planet, prosperity, peace, and partnership. Many policymakers have embraced a benchmark goal that at least 75% of the demand for family planning in all countries be satisfied with modern contraceptive methods by the year 2030. This study examines the demographic impact (and development implications) of achieving the 75% benchmark in 13 developing countries that are expected to be the furthest from achieving that benchmark. Estimation of the demographic impact of achieving the 75% benchmark requires three steps in each country: 1) translate contraceptive prevalence assumptions (with and without intervention) into future fertility levels based on biometric models, 2) incorporate each pair of fertility assumptions into separate population projections, and 3) compare the demographic differences between the two population projections. Data are drawn from the United Nations, the US Census Bureau, and Demographic and Health Surveys. The demographic impact of meeting the 75% benchmark is examined via projected differences in fertility rates (average expected births per woman's reproductive lifetime), total population, growth rates, age structure, and youth dependency. On average, meeting the benchmark would imply a 16 percentage point increase in modern contraceptive prevalence by 2030 and a 20% decline in youth dependency, which portends a potential demographic dividend to spur economic growth. Improvements in meeting the demand for family planning with modern contraceptive methods can bring substantial benefits to developing countries. To our knowledge, this is the first study to show formally how such improvements can alter population size and age structure. Declines in youth dependency portend a demographic dividend, an added bonus to the already well-known benefits of meeting existing demands for family planning.

Meeting rural demand: a case for combining community-based distribution and social marketing of injectable contraceptives in Tigray, Ethiopia.

Science.gov (United States)

Prata, Ndola; Weidert, Karen; Fraser, Ashley; Gessessew, Amanuel

2013-01-01

In Sub-Saharan Africa, policy changes have begun to pave the way for community distribution of injectable contraceptives but sustaining such efforts remains challenging. Combining social marketing with community-based distribution provides an opportunity to recover some program costs and compensate workers with proceeds from contraceptive sales. This paper proposes a model for increasing access to injectable contraceptives in rural settings by using community-based distributers as social marketing agents and incorporating financing systems to improve sustainability. This intervention was implemented in three districts of the Central Zone of Tigray, Ethiopia and program data has been collected from November 2011 through October 2012. A total of 137 Community Based Reproductive Health Agents (CBRHAs) were trained to provide injectable contraceptives and were provided with a loan of 25 injectable contraceptives from a drug revolving fund, created with project funds. The price of a single dose credited to a CBRHA was 3 birr ($0.17) and they provide injections to women for 5 birr ($0.29), determined with willingness-to-pay data. Social marketing was used to create awareness and generate demand. Both quantitative and qualitative methods were used to examine important feasibility aspects of the intervention. Forty-four percent of CBRHAs were providing family planning methods at the time of the training and 96% believed providing injectable contraceptives would improve their services. By October 2012, 137 CBRHAs had successfully completed training and provided 2541 injections. Of total injections, 47% were provided to new users of injectable contraceptives. Approximately 31% of injections were given for free to the poorest women, including adolescents. Insights gained from the first year of implementation of the model provide a framework for further expansion in Tigray, Ethiopia. Our experience highlights how program planners can tailor interventions to match family

Impacts of demand response and renewable generation in electricity power market

Science.gov (United States)

Zhao, Zhechong

This thesis presents the objective of the research which is to analyze the impacts of uncertain wind power and demand response on power systems operation and power market clearing. First, in order to effectively utilize available wind generation, it is usually given the highest priority by assigning zero or negative energy bidding prices when clearing the day-ahead electric power market. However, when congestion occurs, negative wind bidding prices would aggravate locational marginal prices (LMPs) to be negative in certain locations. A load shifting model is explored to alleviate possible congestions and enhance the utilization of wind generation, by shifting proper amount of load from peak hours to off peaks. The problem is to determine proper amount of load to be shifted, for enhancing the utilization of wind generation, alleviating transmission congestions, and making LMPs to be non-negative values. The second piece of work considered the price-based demand response (DR) program which is a mechanism for electricity consumers to dynamically manage their energy consumption in response to time-varying electricity prices. It encourages consumers to reduce their energy consumption when electricity prices are high, and thereby reduce the peak electricity demand and alleviate the pressure to power systems. However, it brings additional dynamics and new challenges on the real-time supply and demand balance. Specifically, price-sensitive DR load levels are constantly changing in response to dynamic real-time electricity prices, which will impact the economic dispatch (ED) schedule and in turn affect electricity market clearing prices. This thesis adopts two methods for examining the impacts of different DR price elasticity characteristics on the stability performance: a closed-loop iterative simulation method and a non-iterative method based on the contraction mapping theorem. This thesis also analyzes the financial stability of DR load consumers, by incorporating

Using Labeled Choice Experiments to Analyze Demand Structure and Market Position among Seafood Products

DEFF Research Database (Denmark)

Nguyen, Thong Tien; Solgaard, Hans Stubbe; Haider, Wolfgang

2018-01-01

Understanding market competition and consumer preferences are important first steps in developing a business. In a competitive market, effectiveness of the various elements of a firm’s marketing mix depends not only on the absolute value of each element but also on the relative values......-employed consumers are the most sensitive to price. Four segments are identified and described in terms of both consumer characteristics and preferences. Our results are meaningful for producers and retailers to develop marketing strategies and production plan....... of the elements with respect to the firm’s position in the market. In this paper we analyze the demand structure and market positions for a variety of seafood products in the French retail market. We use a labeled choice experiment (LCE) to analyze twelve seafood species. The choice options are labeled...

World uranium supply and demand: The changing market

International Nuclear Information System (INIS)

Underhill, D.H.; Mueller Kahle, E.

1993-01-01

This report provides an analysis of uranium supply and demand under the current conditions of this developing global market. While an analysis is possible, it should be borne in mind that available information is not always complete under conditions of major reorganization, and consequently some speculative assessment is required. Therefore, although this article is based on the latest information available, it should be considered as background material for further analysis rather than as an accurate forecast for the future. The level of uncertainty is particularly high regarding the future availability of nuclear materials produced in newly independent States emerging from the former Soviet Union

International EUREKA: Market Segment

International Nuclear Information System (INIS)

1982-03-01

The purpose of the Market Segment of the EUREKA model is to simultaneously project uranium market prices, uranium supply and purchasing activities. The regional demands are extrinsic. However, annual forward contracting activities to meet these demands as well as inventory requirements are calculated. The annual price forecast is based on relatively short term, forward balances between available supply and desired purchases. The forecasted prices and extrapolated price trends determine decisions related to exploration and development, new production operations, and the operation of existing capacity. Purchasing and inventory requirements are also adjusted based on anticipated prices. The calculation proceeds one year at a time. Conditions calculated at the end of one year become the starting conditions for the calculation in the subsequent year

H2@Scale Resource and Market Analysis

Energy Technology Data Exchange (ETDEWEB)

Ruth, Mark

2017-07-12

This presentation overviews progress to date on the H2@Scale resource and market analysis work. The work finds, for example, that hydrogen demand of 60 MMT/yr is possible when transportation and industry are considered; resources are available to meet that demand; using renewable resources would reduce emissions and fossil use by over 15%; further impacts are possible when considering synergistic benefits; additional analysis is underway to improve understanding of potential markets and synergistic impacts; and further analysis will be necessary to estimate impacts due to spatial characteristics, feedback effects in the economy, and inertia characteristics.

Green energy market development in Germany: effective public policy and emerging customer demand

International Nuclear Information System (INIS)

Wuestenhagen, Rolf; Bilharz, Michael

2006-01-01

This paper reviews the development of renewable energy in Germany from 1973 to 2003. It investigates the relative importance of energy policy and green power marketing in shaping the renewable energy market. More than a decade of consistent policy support for renewables under the feed-in law (StrEG) and its successor (EEG) has been an important driver for increasing renewable electricity generation to date, putting the country in a better position than most of its peers when it comes to achieving European Union targets for renewable energy. Green power marketing driven by customer demand, on the other hand, is growing, but has had limited measurable impact so far. We discuss potential intangible benefits of green power marketing and scenarios for future market development. The paper concludes with lessons that can be learned from the German case for policy design and market development in other countries

Strategy-making for a proactive distribution company in the real-time market with demand response

DEFF Research Database (Denmark)

Zhang, Chunyu; Wang, Qi; Wang, Jianhui

2016-01-01

This paper proposes a methodology to optimize the trading strategies of a proactive distribution company (PDISCO) in the real-time market by mobilizing the demand response. Each distribution-level demand is considered as an elastic one. To capture the interrelation between the PDISCO and the real......-time market, a bi-level model is presented for the PDISCO to render continuous offers and bids strategically. The upper level problem expresses the PDISCO's profit maximization, while the lower-level problem minimizes the operation cost of the transmission-level real-time market. To solve the proposed model......, a primal-dual approach is used to translate this bi-level model into a single-level mathematical program with equilibrium constraints. Results of case studies are reported to show the effectiveness of the proposed model. (C) 2016 Elsevier Ltd. All rights reserved....

The perspective of organic wine in Brazil – trends, demands and production

Directory of Open Access Journals (Sweden)

Araujo Marcos Vinícius

2017-01-01

Full Text Available This work aims to analyze the productive reality and propose a panorama for the Brazilian organic wine production, from the perspective of producers, representatives of the sector, market and consumers, thus seeking to highlight the market perspectives and adequacy to the consumers' aspirations. This production that aims to meet a growing demand for sustainable products, which include organic, biodynamic and natural foods, combined with the growing Brazilian tendency to consume better quality wines. To prosecute this study, an exploratory research was developed, interviewing twenty consumers, one intermediary, one representative of the sector and four wineries. The data were analyzed crossing the information collected with these actors and bring out key contents. The results show that production is not aligned with consumer demand that it is still necessary to review the information made available to consumers, in addition to making it clearer, other values could be aggregated to those products or better communicated. On this way, it is possible to conclude that an intermediate product between organic and conventional, which has sustainable practices in its production could meet the current demand, so that in the future it can produce an organic product that corresponds to the consumer's demand.

What is demand response? Contributing to secure security-of-supply at the electricity markets

International Nuclear Information System (INIS)

Grenaa Jensen, Stine; Skytte, Klaus; Togeby, Mikael

2004-01-01

There is a common understanding that demand response can reduce the total costs of electricity reliability. There has especially been a growing interest in the electricity market where high spot prices in peak periods and blackouts have recently been seen. It is not easy from the existing literature to find a common definition of demands response. Often the term demand response is used broadly without looking at the time dimension. However, it does not make sense to talk about demand response without talking about when, for how long the energy is used or saved, and at which costs. This paper surveys these subjects and set up a systematic grouping of the different characteristics of demand response. It especially looks at the time dimension. (au)

[Community marketing of contraceptives].

Science.gov (United States)

Urrutia, J M

1987-09-01

The 5-year-old community contraceptive distribution program developed by PROFAMILIA, Colombia's private family planning organization, has given excellent results, but several cost-effectiveness comparisons with social marketing programs have suggested that commercial distribution programs are superior. The community contraceptive distribution program has a high content of information and education activities, which produced significant increases in knowledge and use of contraception in the communities covered. It has been a fundamental support for the social marketing program, creating much of the demand for contraceptive products that the social marketing program has filled. The social marketing program has given good results in terms of volume of sales and in cost-effectiveness since 1976, prompting calls for replacement of the community contraceptive distribution program by the social marketing program in those sectors where knowledge and use of contraception have achieved acceptable levels. An experiment in the Department of Santander in 1984 and 1985 gave very favorable results, suggesting that community contraceptive distribution programs should be replaced by social marketing programs in all more developed markets. But economic problems in 1985 and the decision of manufacturers to decrease the profit margin for PROFAMILIA jeopardized the social marketing program. The community distribution program covered about 20% of the market. Reduced profits in the social marketing program threatened its continued expansion, at the same time that potential demand was growing because of increases in the fertile aged population and increased use of contraception. To meet the need, PROFAMILIA combined the community contraceptive distribution and social marketing programs into a new entity to be called community marketing. The strategy of the community marketing program will be to maintain PROFAMILIA's participation in the market and aid the growth of demand for

Market transformation lessons learned from an automated demand response test in the Summer and Fall of 2003

Energy Technology Data Exchange (ETDEWEB)

Shockman, Christine; Piette, Mary Ann; ten Hope, Laurie

2004-08-01

A recent pilot test to enable an Automatic Demand Response system in California has revealed several lessons that are important to consider for a wider application of a regional or statewide Demand Response Program. The six facilities involved in the site testing were from diverse areas of our economy. The test subjects included a major retail food marketer and one of their retail grocery stores, financial services buildings for a major bank, a postal services facility, a federal government office building, a state university site, and ancillary buildings to a pharmaceutical research company. Although these organizations are all serving diverse purposes and customers, they share some underlying common characteristics that make their simultaneous study worthwhile from a market transformation perspective. These are large organizations. Energy efficiency is neither their core business nor are the decision makers who will enable this technology powerful players in their organizations. The management of buildings is perceived to be a small issue for top management and unless something goes wrong, little attention is paid to the building manager's problems. All of these organizations contract out a major part of their technical building operating systems. Control systems and energy management systems are proprietary. Their systems do not easily interact with one another. Management is, with the exception of one site, not electronically or computer literate enough to understand the full dimensions of the technology they have purchased. Despite the research team's development of a simple, straightforward method of informing them about the features of the demand response program, they had significant difficulty enabling their systems to meet the needs of the research. The research team had to step in and work directly with their vendors and contractors at all but one location. All of the participants have volunteered to participate in the study for altruistic

Introducing a demand-based electricity distribution tariff in the residential sector: Demand response and customer perception

International Nuclear Information System (INIS)

Bartusch, Cajsa; Wallin, Fredrik; Odlare, Monica; Vassileva, Iana; Wester, Lars

2011-01-01

Increased demand response is essential to fully exploit the Swedish power system, which in turn is an absolute prerequisite for meeting political goals related to energy efficiency and climate change. Demand response programs are, nonetheless, still exceptional in the residential sector of the Swedish electricity market, one contributory factor being lack of knowledge about the extent of the potential gains. In light of these circumstances, this empirical study set out with the intention of estimating the scope of households' response to, and assessing customers' perception of, a demand-based time-of-use electricity distribution tariff. The results show that households as a whole have a fairly high opinion of the demand-based tariff and act on its intrinsic price signals by decreasing peak demand in peak periods and shifting electricity use from peak to off-peak periods. - Highlights: → Households are sympathetic to demand-based tariffs, seeing as they relate to environmental issues. → Households adjust their electricity use to the price signals of demand-based tariffs. → Demand-based tariffs lead to a shift in electricity use from peak to off-peak hours. → Demand-based tariffs lead to a decrease in maximum demand in peak periods. → Magnitude of these effects increases over time.

Particulars of Demand for Agricultural Products in the Domestic Market

Directory of Open Access Journals (Sweden)

Laura Catalina TIMIRAS

2012-11-01

Full Text Available Based on the latest official statistics on food and beverage purchases, overall and by product category, the article captures quantitative and qualitative changes in recent years on the Romanian market for this category of goods. It has been also highlighted the gaps observed in the different categories of households by: living environment, presence and number of children, employment status and age of household head, all from the perspective of the demand for those products.

Co-optimization of Energy and Demand-Side Reserves in Day-Ahead Electricity Markets

Science.gov (United States)

Surender Reddy, S.; Abhyankar, A. R.; Bijwe, P. R.

2015-04-01

This paper presents a new multi-objective day-ahead market clearing (DAMC) mechanism with demand-side reserves/demand response (DR) offers, considering realistic voltage-dependent load modeling. The paper proposes objectives such as social welfare maximization (SWM) including demand-side reserves, and load served error (LSE) minimization. In this paper, energy and demand-side reserves are cleared simultaneously through co-optimization process. The paper clearly brings out the unsuitability of conventional SWM for DAMC in the presence of voltage-dependent loads, due to reduction of load served (LS). Under such circumstances multi-objective DAMC with DR offers is essential. Multi-objective Strength Pareto Evolutionary Algorithm 2+ (SPEA 2+) has been used to solve the optimization problem. The effectiveness of the proposed scheme is confirmed with results obtained from IEEE 30 bus system.

A Generalized Formulation of Demand Response under Market Environments

Science.gov (United States)

Nguyen, Minh Y.; Nguyen, Duc M.

2015-06-01

This paper presents a generalized formulation of Demand Response (DR) under deregulated electricity markets. The problem is scheduling and controls the consumption of electrical loads according to the market price to minimize the energy cost over a day. Taking into account the modeling of customers' comfort (i.e., preference), the formulation can be applied to various types of loads including what was traditionally classified as critical loads (e.g., air conditioning, lights). The proposed DR scheme is based on Dynamic Programming (DP) framework and solved by DP backward algorithm in which the stochastic optimization is used to treat the uncertainty, if any occurred in the problem. The proposed formulation is examined with the DR problem of different loads, including Heat Ventilation and Air Conditioning (HVAC), Electric Vehicles (EVs) and a newly DR on the water supply systems of commercial buildings. The result of simulation shows significant saving can be achieved in comparison with their traditional (On/Off) scheme.

Entity’s Irregular Demand Scheduling of the Wholesale Electricity Market based on the Forecast of Hourly Price Ratios

Directory of Open Access Journals (Sweden)

O. V. Russkov

2015-01-01

Full Text Available The article considers a hot issue to forecast electric power demand amounts and prices for the entities of wholesale electricity market (WEM, which are in capacity of a large user with production technology requirements prevailing over hourly energy planning ones. An electric power demand of such entities is on irregular schedule. The article analyses mathematical models, currently applied to forecast demand amounts and prices. It describes limits of time-series models and fundamental ones in case of hourly forecasting an irregular demand schedule of the electricity market entity. The features of electricity trading at WEM are carefully analysed. Factors that influence on irregularity of demand schedule of the metallurgical plant are shown. The article proposes method for the qualitative forecast of market price ratios as a tool to reduce a dependence on the accuracy of forecasting an irregular schedule of demand. It describes the differences between the offered method and the similar ones considered in research studies and scholarly works. The correlation between price ratios and relaxation in the requirements for the forecast accuracy of the electric power consumption is analysed. The efficiency function of forecast method is derived. The article puts an increased focus on description of the mathematical model based on the method of qualitative forecast. It shows main model parameters and restrictions the electricity market imposes on them. The model prototype is described as a programme module. Methods to assess an effectiveness of the proposed forecast model are examined. The positive test results of the model using JSC «Volzhsky Pipe Plant» data are given. A conclusion is drawn concerning the possibility to decrease dependence on the forecast accuracy of irregular schedule of entity’s demand at WEM. The effective trading tool has been found for the entities of irregular demand schedule at WEM. The tool application allows minimizing cost

The potential demand for bioenergy in residential heating applications (bio-heat) in the UK based on a market segment analysis

International Nuclear Information System (INIS)

Jablonski, S.; Pantaleo, A.; Bauen, A.; Pearson, P.; Panoutsou, C.; Slade, R.

2008-01-01

How large is the potential demand for bio-heat in the UK? Whilst most research has focused on the supply of biomass for energy production, an understanding of the potential demand is crucial to the uptake of heat from bioenergy. We have designed a systematic framework utilising market segmentation techniques to assess the potential demand for biomass heat in the UK. First, the heat market is divided into relevant segments, characterised in terms of their final energy consumption, technological and fuel supply options. Second, the key technical, economic and organisational factors that affect the uptake of bioenergy in each heat segment are identified, classified and then analysed to reveal which could be strong barriers, which could be surmounted easily, and for which bioenergy heat represents an improvement compared to alternatives. The defined framework is applied to the UK residential sector. We identify provisionally the most promising market segments for bioenergy heat, and their current levels of energy demand. We find that, depending on the assumptions, the present potential demand for bio-heat in the UK residential sector ranges between 3% (conservative estimate) and 31% (optimistic estimate) of the total energy consumed in the heat market. (author)

Market for new coal powerplant technologies in the US: 1997 annual energy outlook results

Energy Technology Data Exchange (ETDEWEB)

Hutzler, M.J. [Dept. of Energy, Washington, DC (United States). Energy Information Administration

1997-12-31

Over the next 20 years, the combination of slow growth in the demand for electricity, even slower growth in the need for new capacity, especially baseload capacity, and the competitiveness of new gas-fired technologies limits the market for new coal technologies in the US. In the later years of the 1997 Annual Energy Outlook projections, post-2005, when a significant amount of new capacity is needed to replace retiring plants and meet growing demand, some new coal-fired plants are expected to be built, but new gas-fired plants are expected to remain the most economical choice for most needs. The largest market for clean coal technologies in the United States may be in retrofitting or repowering existing plants to meet stricter environmental standards, especially over the next 10 years. Key uncertainties include the rate of growth in the demand for electricity and the level of competing fuel prices, particularly natural gas. Higher than expected growth in the demand for electricity and/or relatively higher natural gas prices would increase the market for new coal technologies.

How are investment decisions in the steam coal market affected by demand uncertainty and buyer-side market power?

Energy Technology Data Exchange (ETDEWEB)

Paulus, Moritz

2012-02-15

During the last decade, China has evolved into the largest consumer by far and one of the largest importers of coal. The main driver for the increase in coal demand in China has been economic growth. Future Chinese growth rates, and therefore coal consumption and coal imports, are highly uncertain, which may affect profitability of new investments of international mining companies. Furthermore, China has actively employed an array of instruments to control coal trade flows in the last years. In this paper, we analyse the potential impact of increased Chinese coal import volatility and of potential exertion of Chinese market power on global mining investment decisions. For this purpose, we develop a multi-stage stochastic equilibrium model which is able to simulate investments under uncertainty and a monopolistic player in addition to a competitive fringe. We find that accounting for Chinese demand uncertainty yields significant costs for investors and also leads to a delay in investments. Additionally, the exertion of Chinese market power further reduces overall investment activity.

How are investment decisions in the steam coal market affected by demand uncertainty and buyer-side market power?

International Nuclear Information System (INIS)

Paulus, Moritz

2012-01-01

During the last decade, China has evolved into the largest consumer by far and one of the largest importers of coal. The main driver for the increase in coal demand in China has been economic growth. Future Chinese growth rates, and therefore coal consumption and coal imports, are highly uncertain, which may affect profitability of new investments of international mining companies. Furthermore, China has actively employed an array of instruments to control coal trade flows in the last years. In this paper, we analyse the potential impact of increased Chinese coal import volatility and of potential exertion of Chinese market power on global mining investment decisions. For this purpose, we develop a multi-stage stochastic equilibrium model which is able to simulate investments under uncertainty and a monopolistic player in addition to a competitive fringe. We find that accounting for Chinese demand uncertainty yields significant costs for investors and also leads to a delay in investments. Additionally, the exertion of Chinese market power further reduces overall investment activity.

Developing power markets - Development of market place for meeting the demand - Case India, in transition from regulated to competitive structure

Energy Technology Data Exchange (ETDEWEB)

Kumar, Pranay; Sarkar, Prabhajit Kumar

2010-09-15

Power Market players of developing countries with supply deficit are exposed to a unique combination of price risk and quantity risk which is not the case with developed nations that have taken path of liberalization to open up their power markets. India has one of the largest generation capacities in the world, yet till recently the Indian Power sector was highly regulated. However, the last decade has witnessed many initiatives so as to make the sector market oriented. This paper provides opportunity for developing countries to learn from Indian experience of introducing competition in the power sector.

Medium-Term Oil Market Report (MTOMR) 2008

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-07-15

Why have oil prices hit US$140 per barrel? How strong will oil demand be in the upcoming years? Will supply of crude oil, natural gas liquids and biofuels be sufficient to meet this future demand? And, no less crucially, what investments in refining capacity and technology can we expect and will these help ease some of the imbalance in strained oil product markets? The Medium-Term Oil Market Report (now in its third year) published by the International Energy Agency (IEA) has become a new benchmark, complementing the short-term market analysis provided in the IEA Oil Market Report. This year's edition reappraises all upstream and downstream projects worldwide, setting them against a revised demand forecast and expanding the time horizon to 2013. Special features this year include in-depth analyses of price formation, transport trends, non-OECD economies, non-OPEC production decline, project slippage, key crude export pipeline developments and a stronger emphasis on product supply bottlenecks. An essential report for all policy makers, market analysts, energy experts and anyone interested in understanding and following oil market trends, the Medium-Term Oil Market Report is a further element of the strong commitment of the IEA to improving and expanding the quality, timeliness and accuracy of energy data and analysis.

Medium-Term Oil Market Report (MTOMR) 2008

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-07-15

Why have oil prices hit US$140 per barrel? How strong will oil demand be in the upcoming years? Will supply of crude oil, natural gas liquids and biofuels be sufficient to meet this future demand? And, no less crucially, what investments in refining capacity and technology can we expect and will these help ease some of the imbalance in strained oil product markets? The Medium-Term Oil Market Report (now in its third year) published by the International Energy Agency (IEA) has become a new benchmark, complementing the short-term market analysis provided in the IEA Oil Market Report. This year's edition reappraises all upstream and downstream projects worldwide, setting them against a revised demand forecast and expanding the time horizon to 2013. Special features this year include in-depth analyses of price formation, transport trends, non-OECD economies, non-OPEC production decline, project slippage, key crude export pipeline developments and a stronger emphasis on product supply bottlenecks. An essential report for all policy makers, market analysts, energy experts and anyone interested in understanding and following oil market trends, the Medium-Term Oil Market Report is a further element of the strong commitment of the IEA to improving and expanding the quality, timeliness and accuracy of energy data and analysis.

Implementation of marketing strategy: Factor of competitive advantage

OpenAIRE

Krstić Ivan; Becić Sonja

2011-01-01

Primary objective of the company is to reach the business success. Competitors have the same objective. Only the companies that really meet the consumer's needs and demands survive in the competitive struggle. The company who succeeds in it, has the possibility to achieve the competitive advantage as well. The company has to have the adequate marketing strategy in order to fulfill the marketing objectives and achieve the competitive advantage. The marketing strategy should be flexible and pro...

Understanding Money Demand in the Transition from a Centrally Planned to a Market Economy

OpenAIRE

Delatte, Anne-Laure; Fouquau, Julien; Holz, Carsten

2013-01-01

Fundamental changes in institutions during the transition from a centrally planned to a market economy present a formidable challenge to monetary policy decision makers. For the case of China, we examine the institutional changes in the monetary system during the process of transition and develop money demand functions that reflect these institutional changes. We consider seasonal unit roots and estimate long run, equilibrium money demand functions, explicitly taking into consideration the ch...

A complex bid model and strategy for dispatchable loads in real-time market-based demand response

NARCIS (Netherlands)

Babar, M.; Nguyen, P.H.; Cuk, V.; Kamphuis, I.G.; Kling, W.L.

2014-01-01

The power system is moving into the new era of Smart Grid with the help of advance ICT and other developed technologies. These advancements made the demand response as an integral part of power and energy systems. Nowadays, the concept of Energy bidding is emerging in the Market-based Demand

Community Colleges and Labor Market Conditions: How Does Enrollment Demand Change Relative to Local Unemployment Rates?

Science.gov (United States)

Hillman, Nicholas W.; Orians, Erica Lee

2013-01-01

This study uses fixed-effects panel data techniques to estimate the elasticity of community college enrollment demand relative to local unemployment rates. The findings suggest that community college enrollment demand is counter-cyclical to changes in the labor market, as enrollments rise during periods of weak economic conditions. Using national…

Accelerating residential PV expansion: demand analysis for competitive electricity markets

International Nuclear Information System (INIS)

Duke, Richard; Williams, Robert; Payne, Adam

2005-01-01

This article quantifies the potential market for grid-connected, residential photovoltaic (PV) electricity integrated into new homes built in the US. It complements an earlier supply-side analysis by the authors that demonstrates the potential to reduce PV module prices below $1.5/W p by scaling up existing thin-film technology in 100 MW p /yr manufacturing facilities. The present article demonstrates that, at that price, PV modules may be cost effective in 125,000 new home installations per year (0.5 GW p /yr). While this market is large enough to support multiple scaled up thin-film PV factories, inefficient energy pricing and demand-side market failures will inhibit prospective PV consumers without strong public policy support. Net metering rules, already implemented in many states to encourage PV market launch, represent a crude but reasonable surrogate for efficient electricity pricing mechanisms that may ultimately emerge to internalize the externality benefits of PV. These public benefits include reduced air pollution damages (estimated costs of damage to human health from fossil fuel power plants are presented in Appendix A), deferral of transmission and distribution capital expenditures, reduced exposure to fossil fuel price risks, and increased electricity system reliability for end users. Thus, net metering for PV ought to be implemented as broadly as possible and sustained until efficient pricing is in place. Complementary PV 'buydowns' (e.g., a renewable portfolio standard with a specific PV requirement) are needed to jumpstart regional PV markets

LPG market in sub Saharan Africa

International Nuclear Information System (INIS)

Belguedj, M.

1999-01-01

This article provides an overview of the current state of the liquefied petroleum gases (LPG) market in sub Saharan Africa (SSA) and analyses the supply and demand patterns, the constraints on supply imposed by the insufficient output from refineries unable to meet the increasing demand, and institutional and regulatory issues. Details are given of the pricing policies, the economic benefits that could be obtained by increasing the scale of operations, the use of subsidies, private sector participation, and LPG activities in Angola, Cameroon, the Congo, and the Ivory Coast. The role of the World Bank in the Africa Gas Initiative to promote the use of natural gas reserves in SSA, and requirements for developing the LPG market are discussed

Assessing the Demand for Annuities in an Undeveloped Market: Evidence from Hong Kong

NARCIS (Netherlands)

K-L. Chou (Kee-Lee); J. Inkmann (Joachim); J.L.W. van Kippersluis (Hans); W.S. Chan (Wai)

2016-01-01

textabstractHow to design an attractive annuity for an undeveloped market and how to assess the potential demand for such a product? We first conduct a discrete choice experiment among participants of a large-scale occupational defined contribution pension scheme in Hong Kong to identify desired

Preliminary assessment of the availability of U.S. natural gas resources to meet U.S. transportation energy demand

International Nuclear Information System (INIS)

Singh, M. K.; Moore, J. S.

2002-01-01

Recent studies have indicated that substitutes for conventional petroleum resources will be needed to meet U.S. transportation energy demand in the first half of this century. One possible substitute is natural gas which can be used as a transportation fuel directly in compressed natural gas or liquefied natural gas vehicles or as resource fuel for the production of hydrogen for fuel cell vehicles. This paper contains a preliminary assessment of the availability of U.S. natural gas resources to meet future U.S. transportation fuel demand. Several scenarios of natural gas demand, including transportation demand, in the U.S. to 2050 are developed. Natural gas resource estimates for the U. S. are discussed. Potential Canadian and Mexican exports to the U.S. are estimated. Two scenarios of potential imports from outside North America are also developed. Considering all these potential imports, U.S. natural gas production requirements to 2050 to meet the demand scenarios are developed and compared with the estimates of U.S. natural gas resources. The comparison results in a conclusion that (1) given the assumptions made, there are likely to be supply constraints on the availability of U.S. natural gas supply post-2020 and (2) if natural gas use in transportation grows substantially, it will have to compete with other sectors of the economy for that supply-constrained natural gas

A VIEWPOINT ON ECONOMY STUDENTS' PERCEPTIONS REGARDING THE PROMOTION PROCESS OF TOURISM PRODUCTS USING ONLINE MARKETING

OpenAIRE

Silvia, MUHCINA; Andreea-Daniela, MORARU

2014-01-01

Among the tools that are used in promotional activity in tourism, the online marketing opens the possibility to promptly create offers, meet buyers' demands, and strengthen customer relationships. The online marketers consider that the Internet is a modern technology that allows firms to connect business partners, to identify more rapidly the consumers' needs, to understand and answer on individual demand. The aim of this paper is to emphasize the importance of online marketing in the process...

Increased demand-side flexibility: market effects and impacts on variable renewable energy integration

Directory of Open Access Journals (Sweden)

Åsa Grytli Tveten

2016-12-01

Full Text Available This paper investigates the effect of increased demand-side flexibility (DSF on integration and market value of variable renewable energy sources (VRE. Using assumed potentials, system-optimal within-day shifts in demand are investigated for the Northern European power markets in 2030, applying a comprehensive partial equilibrium model with high temporal and spatial resolution. Increased DSF is found to cause only a minor (less than 3% reduction in consumers’ cost of electricity. VRE revenues are found to increase (up to 5% and 2% for wind and solar power, respectively, and total VRE curtailment decreases by up to 7.2 TWh. Increased DSF causes only limited reductions in GHG emissions. The emission reduction is, however, sensitive to underlying assumptions. We conclude that increased DSF is a promising measure for improving VRE integration. However, low consumers’ savings imply that policies stimulating DFS will be needed to fully use the potential benefits of DSF for VRE integration

The Asia-Pacific oil market : prospects for Canadian oil

International Nuclear Information System (INIS)

Fesharaki, F.

2004-01-01

The Asia-Pacific region is among the fastest growing oil markets for which analysts predict healthy growth rates due to high energy demands from developing countries such as China. Increased oil demand will mean new refining capacity needs and increased supplies of crude oil. The indigenous crude supply in the Asia-Pacific region is limited and unable to meet the region's needs. Imports are therefore expected to rise continuously. Although the Middle East will continue to be the dominant player in meeting these growing oil needs, Canada has an opportunity to diversify the supply source and play a significant role in meeting the energy needs of the Asia-Pacific region. tabs., figs

Digital Marketing Budgets for Independent Hotels: Continuously Shifting to Remain Competitive in the Online World

Directory of Open Access Journals (Sweden)

Leora Halpern Lanz

2015-08-01

Full Text Available The hotel marketing budget, typically amounting to approximately 4-5% of an asset’s total revenue, must remain fluid, so that the marketing director can constantly adapt the marketing tools to meet consumer communications methods and demands. This article suggests how an independent hotel can maximize their marketing budget by using multiple channels and strategies.

Plant landscape design and its social service function of Shanghai Qibao GaoXian Roof Garden Market

Directory of Open Access Journals (Sweden)

Dai Wenbin

2017-02-01

Full Text Available With the rapid development of urban social economy,the original green area of the cities has been decreasing continually. In order to meet the humanistic,natural and economic demands of the urban green space,this paper takes the Shanghai Qibao GaoXian Roof Garden Market as an example further studing the social service functions of the market such as leisure meeting,garden life,flower market,education on nature,festival exhibition and so on.

Assessing the benefits of residential demand response in a real time distribution energy market

International Nuclear Information System (INIS)

Siano, Pierluigi; Sarno, Debora

2016-01-01

Highlights: • A new probabilistic methodology, integrating DR in a distribution energy market is proposed. • The method can alleviate distribution network congestions. • This method based on D-LMPs allows cost savings for end-user customers. • Innovative thermal and shiftable loads Real Time control algorithms are also presented. - Abstract: In the field of electricity distribution networks and with the advent of smart grids and microgrids, the use of Distribution Locational Marginal Price (D-LMPs) in a Real Time (RT) distribution market managed by a Distribution System Operator (DSO) is discussed in presence of empowered residential end-users that are able to bid for energy by a demand aggregator while following Demand Response (DR) initiatives. Each customer is provided by a transactive controller, which reads the locational market signals and answers with a bid taking into account the user preferences about some appliances involved in DR activities and controlled by smart plugs-in. In particular, Heating Ventilation and Air Conditioning (HVAC) appliances and shiftable loads are controlled so that their consumption profile can be modified according to the price of energy. In order to assess the effectiveness of the proposed method in terms of energy and cost saving, an innovative probabilistic methodology for evaluating the impact of residential DR choices considering uncertainties related to load demand, user preferences, environmental conditions, house thermal behavior and wholesale market trends has been proposed. The uncertainties related to the stochastic variations of the variables involved are modeled by using the Monte Carlo Simulation (MCS) method. The combination of MCS and RT distribution market simulation based on D-LMPs are used to assess the operation and impact of the DR method over one month. Simulations results on an 84-buses distribution network confirmed that the proposed method allows saving costs for residential end-users and making

ROMANIAN BEEF AND VEAL MEAT MARKET ANALYSIS

Directory of Open Access Journals (Sweden)

ilvius T. STANCIU

2014-06-01

Full Text Available Current nutritional trends, oriented towards a healthy nutrition, lead to the re-evaluation of the share held by beef in the diet of the population. The demand for beef and veal at European and global market level can represent a significant opportunity to increase domestic producers’ business. Though cattle breeding is a traditional activity for the indigenous population from rural areas, livestock for slaughter have decreased steadily in the last years, thus the domestic market being dependent on imports. Romanian natural potential allows the achievement of sufficient production to meet domestic and export demand for beef, which brings high income for producers. The article proposes a review of the domestic production of beef and veal, their consumption and the origin of products on the domestic market in the European and international context.

An Economic Evalution of Demand-side Energy Storage Systems by using a Multi-agent based Electricity Market

Science.gov (United States)

Furusawa, Ken; Sugihara, Hideharu; Tsuji, Kiichiro

Opened wholesale electric power market in April 2005, deregulation of electric power industry in Japan has faced a new competitive environment. In the new environment, Independent Power Producer (: IPP), Power Producer and Supplier (: PPS), Load Service Entity (: LSE) and electric utility can trade electric energy through both bilateral contracts and single-price auction at the electricity market. In general, the market clearing price (: MCP) is largely changed by amount of total load demand in the market. The influence may cause price spike, and consequently the volatility of MCP will make LSEs and their customers to face a risk of revenue and cost. DSM is attracted as a means of load leveling, and has effect on decreasing MCP at peak load period. Introducing Energy Storage systems (: ES) is one of DSM in order to change demand profile at customer-side. In case that customers decrease their own demand at jumped MCP, a bidding strategy of generating companies may be changed their strategy. As a result, MCP is changed through such complex mechanism. In this paper the authors evaluate MCP by multi-agent. It is considered that customer-side ES has an effect on MCP fluctuation. Through numerical examples, this paper evaluates the influence on MCP by controlling customer-side ES corresponding to variation of MCP.

Review of Real-time Electricity Markets for Integrating Distributed Energy Resources and Demand Response

DEFF Research Database (Denmark)

Wang, Qi; Zhang, Chunyu; Ding, Yi

2015-01-01

The high penetration of both Distributed Energy Resources (DER) and Demand Response (DR) in modern power systems requires a sequence of advanced strategies and technologies for maintaining system reliability and flexibility. Real-time electricity markets (RTM) are the nondiscriminatory transaction...... platforms for providing necessary balancing services, where the market clearing (nodal or zonal prices depending on markets) is very close to real time operations of power systems. One of the primary functions of RTMs in modern power systems is establishing an efficient and effective mechanism for small DER...... and DR to participate in balancing market transactions, while handling their meteorological or intermittent characteristics, facilitating asset utilization, and stimulating their active responses. Consequently, RTMs are dedicated to maintaining the flexibility and reliability of power systems. This paper...

Will southern California remain a premium market for natural gas?

International Nuclear Information System (INIS)

John, F.E.

1991-01-01

Average yearly demand for natural gas in southern California totalled just over 3 billion ft 3 /d in 1991 and is projected to increase to just over 3.2 billion ft 3 /d in 2000 and 3.4 billion ft 3 /d in 2010. In the core residential market, demand is being driven by population growth and offset by conservation measures. In the core commercial and industrial market, demand is driven by employment growth and offset by conservation. In the noncore market, natural gas use is expected to fall from 262 million ft 3 /d in 1991 to 223 million ft 3 /d in 2010. Demand for natural gas for cogeneration is expected to either remain stagnant or decrease. The largest potential for market growth in southern California is for utility electric generation. Demand in this sector is expected to increase from 468 million ft 3 /d in 1991 to 1 billion ft 3 in 2010. Air quality concerns furnish a market opportunity for natural gas vehicles, and a substantial increase in natural gas demand might be obtained from even a modest market share of the region's 10 million vehicles. Existing pipeline capacity is sufficient to supply current average year requirements, and the need for new capacity hinges on the issues of satisfying high-year demand, meeting market growth, and accessing more desirable supply regions. Planned capacity additions of 2,150 million ft 3 /d, if completed, will bring substantial excess capacity to southern California in the late 1990s. The competitive advantages of various producing regions will then be greatly influenced by the rate designs used on the pipelines connecting them to the market. 4 tabs

Demand Response in Europe's Electricity Sector: Market barriers and outstanding issues

International Nuclear Information System (INIS)

Eid, Cherrelle

2015-01-01

In October 2014, Europe's drive for sustainability has been further continued with the set objectives for 2030, aiming for 40% emission reduction compared to 1990 levels and at least a 27% share of renewable energy sources. For the longer term, the European Commission (EC) targets a zero CO_2 emitting electricity sector in 2050. Those objectives for the electricity sector have a large impact on the expected development of electricity generation, but also on the evolution of demand. To meet those objectives, a larger share of electricity supply will come from intermittent sources like wind turbines and solar panels. In an electric system that is largely based on renewable electricity sources, it is desired to have higher electricity consumption in moments when more renewable electricity is being produced, and a lower consumption in times of lower renewable production. Demand response is related to the adaptability of the electricity demand to the availability of supply. The development of demand response is rooted in the need for carbon emission reductions and for efficient use of installed generation capacities with the growth of power consumption. In addition to providing flexibility to the electric system, demand response could be a direct source of revenue to households and businesses. In 2013, in the United States, businesses and homeowners earned over $2.2 billion in revenues from demand response together with other avoided investment in grid infrastructure and power plants. This source of direct revenue could also be made available in Europe and would release financial benefits to local economies (SEDC, 2014). The reliability improvements as well as the economic and sustainability potential coming from a more responsive electricity demand are fully acknowledged. However, demand response is still immaturely developed in Europe. If Europe wants to make a step forward to a more sustainable electricity sector, the development of demand response is an inevitable

Analysis Of Masamo Catfish Marketing By Analytical Approach At Farmer Group “Sumber Lancar”, Blimbing, Malang City

OpenAIRE

Abidin, Zainal; Handayani, Wahyu; Fattah, Mochammad

2016-01-01

Masamo as new variety of catfish cultivated by the farmer group "Sumber Lancar" in Blimbing, Malang currently has a lot of demand due to increasing consumers who like to eat fish to meet the need for protein for the body. Increasing of Masamo catfish demand followed by production and marketing efforts. This study wants to know whether the marketing efficient. Therefore, this study uses analytical approach approach in order to identify institutional and channel of Masamo Catfish marketing perf...

The pricing behavior comparison of Canada and Australia exporter in wheat international market using Pricing to Market (PTM) and Residual Demand Elasticity (RDE)

Science.gov (United States)

Wibowo, R. P.; Sumono; Iddrisu, Y.; Darus, M.; Sihombing, L. P.; Jufri

2018-02-01

This paper try to identify and examined the degree of market power on wheat international market by 2 major exporting countries comprising Canada and Australia by using the Pricing to Market (PTM) method and Residual Demand Elasticity (RDE) method. The PTM method found that Canada impose noncompetitive strategy by applying price discrimination and apply market power to their importing. Different results come from Australian exporter as they are not using their market power to the importing. Conflicting result arise from estimation using RDE and PTM method suggest that the need to extend the theoretical model of both model by expand its economic and econometric model to have consistent expected result theoretically and empirically.

Market efficiency, cross hedging and price forecasts: California's natural-gas markets

International Nuclear Information System (INIS)

Woo, C.K.; Olson, A.; Horowitz, I.

2006-01-01

An extensive North American pipeline grid that physically integrates individual natural-gas markets, in conjunction with economic ties binding the California markets to those at Henry Hub, Louisiana and the New York mercantile exchange via an array of financial instruments, suggests that the spot prices at Henry Hub will impact those in California. We verify the suggestion via a partial-adjustment regression model, thus affirming that California traders can exploit the cross-hedging opportunities made available to them via market integration with Henry Hub, and that they can accurately forecast the price they will have to pay to meet future demand based solely on the price of futures at Henry Hub and the price of a California natural-gas basis swaps contract. (author)

Analysis of demand curves in the stock and financial markets of monopolistic competition

Directory of Open Access Journals (Sweden)

Mikhail I. Geras’kin

2016-01-01

Full Text Available Objective to identify patterns of monopolistic competition as applied to markets of household appliances consumer loans and insurance products in Russia. Methods econometric modeling trending regression analysis analysis of statistical significance. Results the statistical analysis of trends in the market of household appliances insurance and credit markets has been carried out the statistical significance and adequacy of the models has been assessed adequate and accurate regression models of price trends of household appliances and electronics have been developed as well as of the interest rates of consumer loans and insurance rates for loan debts. Scientific novelty the actual patterns of decreasing demand curves for household appliances consumer loans and insurance products were found for the relevant markets in the Russian Federation in 2009ndash2014. Practical significance the model can be used for solving problems of optimal planning strategies of retailers insurers and banks. nbsp

Changing Professional Demands in Sustainable Regional Development: A Curriculum Design Process to meet Transboundary Competence

NARCIS (Netherlands)

Lansu, Angelique; Boon, Jo; Sloep, Peter; van Dam-Mieras, Rietje

2012-01-01

Lansu, A., Boon, J., Sloep, P. B., & Van Dam-Mieras, R. (Accepted). Changing Professional Demands in Sustainable Regional Development: A Curriculum Design Process to meet Transboundary Competence. Journal of Cleaner Production. [Special Issue: Learning for Sustainable Development in Regional

The Spanish Gas Market: Demand Trends Post Recession and Consequences for the Industry

OpenAIRE

2011-01-01

In parallel with a flourishing economy, the natural gas industry in Spain was characterised by rapid consumption growth in the late 1990s and 2000s. Infrastructure and supplies were designed to meet the needs of a gas market growing at double digit rates each year. This high growth rate – for a European gas market – was expected to continue until at least the mid-2010s. By 2011, this outlook was replaced by a more pessimistic one. Firstly, the country’s economy was hit hard by the global rece...

Modeling Demand Response in Electricity Retail Markets as a Stackelberg Game

DEFF Research Database (Denmark)

Zugno, Marco; Morales González, Juan Miguel; Pinson, Pierre

We model the retail market with dynamic pricing as a Stackelberg game where both retailers (leaders) and flexible consumers (followers) solve an economic cost-minimization problem. The electricity retailer optimizes an economic objective over a daily horizon by setting an hourly price-sequence, w......We model the retail market with dynamic pricing as a Stackelberg game where both retailers (leaders) and flexible consumers (followers) solve an economic cost-minimization problem. The electricity retailer optimizes an economic objective over a daily horizon by setting an hourly price...... with Equilibrium Constraints (MPEC) and cast as a Mixed Integer Linear Program (MILP), which can be solved using off-the-shelf optimization software. In an illustrative example, we consider a retailer associated with both flexible demand and wind power production. Such an example shows the efficiency of dynamic...

Competition with supply and demand functions

International Nuclear Information System (INIS)

Bolle, F.

2001-01-01

If economic agents have to determine in advance their supply or demand in reaction to different market prices we may assume that their strategic instruments are supply or demand functions. The best examples for such markets are the spot markets for electricity in England and Wales, in Chile, in New Zealand, in Scandinavia and perhaps elsewhere. A further example is computerized trading in stock markets, financial markets, or commodity exchanges. The functional form of equilibria is explicitly determined in this paper. Under a certain condition, equilibria exist for every finite spread of (stochastic) autonomous demand, i.e. demand from small, non-strategically acting consumers. Contrary to competition with supply functions alone, however, there is no tendency for market prices to converge to 0 if the spread of autonomous demand increases infinitely. Lower bounds of market prices can be computed instead

Strategic and Tactical Design of Competing Decentralized Supply Chain Networks with Risk-Averse Participants for Markets with Uncertain Demand

Directory of Open Access Journals (Sweden)

Ashkan Hafezalkotob

2011-01-01

Full Text Available An integrated equilibrium model for tactical decisions in network design is developed. We consider a decentralized supply chain network operating in markets under uncertain demands when there is a rival decentralized chain. The primary assumption is that two chains provide partial substitutable products to the markets, and markets' demands are affected by tactical decisions such as price, service level, and advertising expenditure. Each chain consists of one risk-averse manufacturer and a set of risk-averse retailers. The strategic decisions are frequently taking precedence over tactical ones. Therefore, we first find equilibrium of tactical decisions for each possible scenario of supply chain network. Afterwards, we find optimal distribution network of the new supply chain by the scenario evaluation method. Numerical example, including sensitivity analysis will illustrate how the conservative behaviors of chains' members affect expected demand, profit, and utility of each distribution scenario.

Clean fuel for demanding environmental markets

Energy Technology Data Exchange (ETDEWEB)

Josewicz, W.; Natschke, D.E. [Acurex Environmental Corp., Research Triangle Park, NC (United States)

1995-12-31

Acurex Environmental Corporation is bringing Clean Fuel to the environmentally demand Krakow market, through the cooperative agreement with the U.S. Department of Energy. Clean fuel is a proprietary clean burning coal-based energy source intended for use in stoves and hand stoked boilers. Clean Fuel is a home heating fuel that is similar in form and function to raw coal, but is more environmentally friendly and lower in cost. The heating value of Clean Fuel is 24,45 kJ/kg. Extensive sets of confirmation runs were conducted in the Academy of Mining and Metallurgy in the Krakow laboratories. It demonstrated up to 54 percent reduction of particulate matter emission, up to 35 percent reduction of total hydrocarbon emissions. Most importantly, polycyclic aromatic hydrocarbons (toxic and carcinogens compounds) emissions were reduced by up to 85 percent, depending on species measured. The above comparison was made against premium chunk coal that is currently available in Krakow for approximately $83 to 93/ton. Clean Fuel will be made available in Krakow at a price approximately 10 percent lower than that of the premium chunk coal.

Marketing research on potential demands of photovoltaic systems. Taiyoko hatsuden system no senzai shijo chosa seika hokokusho

Energy Technology Data Exchange (ETDEWEB)

1988-03-01

Applicable uses and the market size for photovoltaic (PV) systems were investigated taking into consideration the features and economics of such systems. As a result of computing representative usage examples together with the extent of potential demand for PV, 238 GW for the power source in private homes, 76 GW for green houses, 126 GW for sewage water treatment plants, 4 GW for schools and universities and others were estimated. For the greater number of PV systems already in actual use, non-cost factors acted as major determining factors when deciding on implementation. Promising uses (applicable ideas) seen from the standpoint of non-cost factors were studied in order to develop the PV system market and gain breakthrough for lowering future costs and increasing proliferation for such systems. When it comes to simultaneously decreasing costs and increasing demand for solar batteries in the coming days, it will be impossible to make an immediate transition from the present state of demand for public use and for special use to the final goal of demand as a power source in the home. There is a need for an intermediate demand that can bridge this gap. (13 figs, 9 tabs)

Demand for natural gas: residential and commercial markets in Ontario and British Columbia. [Econometric-model analysis

Energy Technology Data Exchange (ETDEWEB)

Berndt, E R [Univ. of British Columbia, Vancouver; Watkins, G C

1977-02-01

An econometric model is used to project natural gas demand in the residential and commercial market sectors. The model specification is a generalization of one developed by Balestra and Nerlove (Econometrica, 34: 585-612(1966)). Demand that is potentially variable because it is not committed to past investments (flexibe demand) is distinguished from demand that is inflexible because it is tied to existing equipment stocks (captive demand). Attention is focused on the effect of temperature variations on gas demand. The nonlinear equation system is estimated by a maximum-likelihood method, using annual data for British Columbia and Ontario during the period of 1959 to 1974. Results show that only in the long run does price have a significant impact on demand. The model is applicable for medium-term policy simulation, but is limited to natural gas fuel. 15 references.

Market Values Summary/December Market Review/Current Market Data

International Nuclear Information System (INIS)

Anon.

1995-01-01

A summary of financial data for the 1994 uranium market is provided. Price ranges for the restricted and unrestricted markets, conversion, and separative work are listed. Detailed transactions are listed for enrichment services, enriched uranium product, sales and loans, uranium supply and demand, conversion supply and demand, and separative work supply and demand. Previous 6-month and yearly values are noted. A table of market values expressed in selected currencies is also provided

Simulations of scenarios with 100% renewable electricity in the Australian National Electricity Market

International Nuclear Information System (INIS)

Elliston, Ben; Diesendorf, Mark; MacGill, Iain

2012-01-01

As a part of a program to explore technological options for the transition to a renewable energy future, we present simulations for 100% renewable energy systems to meet actual hourly electricity demand in the five states and one territory spanned by the Australian National Electricity Market (NEM) in 2010. The system is based on commercially available technologies: concentrating solar thermal (CST) power with thermal storage, wind, photovoltaic (PV), existing hydro and biofuelled gas turbines. Hourly solar and wind generation data are derived from satellite observations, weather stations, and actual wind farm outputs. Together CST and PV contribute about half of total annual electrical energy supply. A range of 100% renewable energy systems for the NEM are found to be technically feasible and meet the NEM reliability standard. The principal challenge is meeting peak demand on winter evenings following overcast days when CST storage is partially charged and sometimes wind speeds are low. The model handles these circumstances by combinations of an increased number of gas turbines and reductions in winter peak demand. There is no need for conventional base-load power plants. The important parameter is the reliability of the whole supply-demand system, not the reliability of particular types of power plants. - Highlights: ► We simulate 100% renewable electricity in the Australian National Electricity Market. ► The energy system comprises commercially available technologies. ► A range of 100% renewable electricity systems meet the reliability standard. ► Principal challenge is meeting peak demand on winter evenings. ► The concept of ‘base-load’ power plants is found to be redundant.

Area price and demand response in a market with 25% wind power

DEFF Research Database (Denmark)

Grohnheit, Poul Erik; Møller Andersen, Frits; Larsen, Helge V.

2011-01-01

Denmark, east and west of the Great Belt are bidding areas with separate hourly area prices for the Nord Pool power exchange, covering four Nordic countries and parts of Germany. The share of wind power has now increased to 25% on an annual basis in western Denmark. This has a significant impact...... not only on the electricity wholesale prices, but also on the development of the market. Hourly market data are available from the website of Danish TSO from 1999. In this paper these data are analysed for the period 2004–2010. Electricity generators and customers may respond to hourly price variations......, which can improve market efficiency, and a welfare gain is obtained. An important limitation for demand response is events of several consecutive hours with extreme values. The analysis in this paper is a summary and update of some of the issues covered by the EU RESPOND project. It shows that extreme...

Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand

Directory of Open Access Journals (Sweden)

J. K. Wang

2001-01-01

Full Text Available I present a model of stock market price fluctuations incorporating effects of share supply as a history-dependent function of previous purchases and share demand as a function of price deviation from moving averages. Price charts generated show intervals of oscillations switching amplitude and frequency suddenly in time, forming price and trading volume patterns well-known in market technical analysis. Ultimate price trends agree with traditional predictions for specific patterns. The consideration of dynamically evolving supply and demand in this model resolves the apparent contradiction with the Efficient Market Hypothesis: perceptions of imprecise equity values by a world of investors evolve over non-negligible periods of time, with dependence on price history.

A Market in Transition

International Nuclear Information System (INIS)

Carter, Nick

2014-01-01

Long-Term Outlook: → Demand growth improves in 2015-2020, but no need for new production until 2020 or later: • Largely driven by China, India, Russia, South Korea, and U.A.E. → Fukushima negativity should decline: • Japan has few alternative energy options to nuclear; • Restarts would also mitigate underfeeding from excess SWU capacity. → Nuclear power expected to play a larger role in reducing global CO_2 emissions: • China could move existing target of 133 GWe of nuclear capacity by 2030 to 150-200 GWe to achieve meeting greenhouse emissions target; • U.S. EPA Carbon Limits; → Increased price volatility in the post-2020 period when more uranium production will be needed to replace depleted resources and meet increasing demand: • Significant lead times to bring online new production centers' • Movement back to a production-driven market

Market perceptions and opportunities for native plant production on the southern Colorado Plateau

Science.gov (United States)

Donna L. Peppin; Peter Z. Fule; Janet C. Lynn; Anne L. Mottek-Lucas; Carolyn Hull Sieg

2010-01-01

Increases in revegetation activities have created a large demand for locally adapted native plant materials (NPM) in the southwestern United States. Currently, there is a minimal supply of local genotypes to meet this demand. We investigated the potential for the initiation of a native plant market in the southern Colorado Plateau. Through a literature search,...

A multi-scale energy demand model suggests sharing market risks with intelligent energy cooperatives

NARCIS (Netherlands)

G. Methenitis (Georgios); M. Kaisers (Michael); J.A. La Poutré (Han)

2015-01-01

textabstractIn this paper, we propose a multi-scale model of energy demand that is consistent with observations at a macro scale, in our use-case standard load profiles for (residential) electric loads. We employ the model to study incentives to assume the risk of volatile market prices for

Uranium market activity

International Nuclear Information System (INIS)

Combs, G.F. Jr.; Patterson, J.A.

1978-01-01

Net additional uranium procurement over the past year and a half has been very low. While 1977 procurement from domestic sources was low in a historical sense, there was a net reduction during the first half of 1978. New sales commitments by domestic producers to foreign buyers exceeded new purchase commitments by domestic buyers from foreign sources in 1976 and 1977, and available data indicate this difference is widening in 1978. The net reduction in and rescheduling of 1978 to 1985 delivery commitments from domestic producers is understandable in light of changing demands. Supply seems more than adequate to meet demand through 1985, though it will depend on utility inventory policy, imports--exports, and expansion of domestic supply. Producer material for sale and planned expenditures indicate aggressive expansion plans. Average contract prices and base prices in market price contracts increased slightly from January to July 1978. Average base prices are about 2 to 2 1/2 times the average contract prices. The average price settlement of market price contracts for 1978 delivery as of July declined from the level reported in January. Average market price settlements for 1979 delivery show an increase of 2% over those for 1978

Asian oil demand

International Nuclear Information System (INIS)

Fesharaki, F.

2005-01-01

This conference presentation examined global oil market development and the role of Asian demand. It discussed plateau change versus cyclical movement in the global oil market; supply and demand issues of OPEC and non-OPEC oil; if high oil prices reduce demand; and the Asian oil picture in the global context. Asian oil demand has accounted for about 50 per cent of the global incremental oil market growth. The presentation provided data charts in graphical format on global and Asia-Pacific incremental oil demand from 1990-2005; Asia oil demand growth for selected nations; real GDP growth in selected Asian countries; and, Asia-Pacific oil production and net import requirements. It also included charts in petroleum product demand for Asia-Pacific, China, India, Japan, and South Korea. Other data charts included key indicators for China's petroleum sector; China crude production and net oil import requirements; China's imports and the share of the Middle East; China's oil exports and imports; China's crude imports by source for 2004; China's imports of main oil products for 2004; India's refining capacity; India's product balance for net-imports and net-exports; and India's trade pattern of oil products. tabs., figs

Proposal for a future delivery market for transplant organs.

Science.gov (United States)

Schwindt, R; Vining, A R

1986-01-01

Improvements in surgical procedures and immunosuppressive practices have greatly increased the range and success rate of organ transplants. Unfortunately, supply does not meet demand, and demand is increasing. This paper documents the current level of unsatisfied demand for several transplantable organs, and argues that the extant system of altruistic organ donation is unlikely ever to provide adequate supply because of lack of incentives to donate and the ambiguity surrounding property rights over transplantable organs. A greater reliance on markets would help attenuate these problems. However, unorganized private spot markets for human organs are likely to be both inefficient and inequitable, and are perceived as morally offensive. A feasible alternative is an organized, publicly operated future delivery market, wherein an individual can contract, for valuable consideration, with a government agency for delivery of a specific organ upon death. The implementation of such a market would encounter difficult (but not intractable) problems such as price determination, the selection of a medium of exchange, and contractual issues, particularly the role of minors in such a system. Finally, it is argued that such a market is superior to the much-discussed compulsory expropriation alternative.

Information Sharing and Channel Construction of Supply Chain under Asymmetric Demand Information

Directory of Open Access Journals (Sweden)

Guangdong Wu

2014-01-01

Full Text Available Information sharing and marketing channel building have become an important problem of supply chain management theory and practice. The research of information sharing focused on traditional channel of supply chain between upstream and downstream enterprises; however, the research ignores the behavior of information sharing with potential entrants and composite structure characteristics about traditional marketing channel with the direct channel. This paper uses the model to research the effects brought about sharing demand information with potential entrants and building marketing channel, which reveals information sharing and channel building mechanism in the supply chain. The study found that the five-force model of Porter regards potential entrants only as a threat that is one-sided. When the channel competitiveness meets certain conditions, manufacturer and retailer will share demand information with potential entrants. Building composite marketing channel is the manufacturer's absolute dominant strategy. Channel construction will increase the entry barriers for potential entrants and weaken the effect of double marginalization; meanwhile, the performance of supply chain will be augmented.

Climate change and peak demand for electricity: Evaluating policies for reducing peak demand under different climate change scenarios

Science.gov (United States)

Anthony, Abigail Walker

This research focuses on the relative advantages and disadvantages of using price-based and quantity-based controls for electricity markets. It also presents a detailed analysis of one specific approach to quantity based controls: the SmartAC program implemented in Stockton, California. Finally, the research forecasts electricity demand under various climate scenarios, and estimates potential cost savings that could result from a direct quantity control program over the next 50 years in each scenario. The traditional approach to dealing with the problem of peak demand for electricity is to invest in a large stock of excess capital that is rarely used, thereby greatly increasing production costs. Because this approach has proved so expensive, there has been a focus on identifying alternative approaches for dealing with peak demand problems. This research focuses on two approaches: price based approaches, such as real time pricing, and quantity based approaches, whereby the utility directly controls at least some elements of electricity used by consumers. This research suggests that well-designed policies for reducing peak demand might include both price and quantity controls. In theory, sufficiently high peak prices occurring during periods of peak demand and/or low supply can cause the quantity of electricity demanded to decline until demand is in balance with system capacity, potentially reducing the total amount of generation capacity needed to meet demand and helping meet electricity demand at the lowest cost. However, consumers need to be well informed about real-time prices for the pricing strategy to work as well as theory suggests. While this might be an appropriate assumption for large industrial and commercial users who have potentially large economic incentives, there is not yet enough research on whether households will fully understand and respond to real-time prices. Thus, while real-time pricing can be an effective tool for addressing the peak load

Identifying water price and population criteria for meeting future urban water demand targets

Science.gov (United States)

Ashoori, Negin; Dzombak, David A.; Small, Mitchell J.

2017-12-01

Predictive models for urban water demand can help identify the set of factors that must be satisfied in order to meet future targets for water demand. Some of the explanatory variables used in such models, such as service area population and changing temperature and rainfall rates, are outside the immediate control of water planners and managers. Others, such as water pricing and the intensity of voluntary water conservation efforts, are subject to decisions and programs implemented by the water utility. In order to understand this relationship, a multiple regression model fit to 44 years of monthly demand data (1970-2014) for Los Angeles, California was applied to predict possible future demand through 2050 under alternative scenarios for the explanatory variables: population, price, voluntary conservation efforts, and temperature and precipitation outcomes predicted by four global climate models with two CO2 emission scenarios. Future residential water demand in Los Angeles is projected to be largely driven by price and population rather than climate change and conservation. A median projection for the year 2050 indicates that residential water demand in Los Angeles will increase by approximately 36 percent, to a level of 620 million m3 per year. The Monte Carlo simulations of the fitted model for water demand were then used to find the set of conditions in the future for which water demand is predicted to be above or below the Los Angeles Department of Water and Power 2035 goal to reduce residential water demand by 25%. Results indicate that increases in price can not ensure that the 2035 water demand target can be met when population increases. Los Angeles must rely on furthering their conservation initiatives and increasing their use of stormwater capture, recycled water, and expanding their groundwater storage. The forecasting approach developed in this study can be utilized by other cities to understand the future of water demand in water-stressed areas

The future of the photovoltaic market (demand side/supply side)

International Nuclear Information System (INIS)

Zahedi, A.

1998-01-01

At present the main PV application market sectors are communications, leisure, boating, solar home systems, and water pumping. It is predicted that in the future, the largest photovoltaic market segments will be solar home photovoltaic systems, grid-connected small-scale photovoltaic systems, grid-connected medium-to-large scale photovoltaic systems, the communications sector and in the electrification of remote and isolated areas. The main factors favoring photovoltaic technology in remote and isolated areas result from: the high costs of conventional energy sources in remote locations; the loss of a scale-economy effect, which means specific costs of small photovoltaic systems are not much higher than those of larger photovoltaic systems; price of fuel, fuel transportation and spare part supplies. The major factors inhibiting the photovoltaic technology include high initial costs, lack of skilled man power, lack of good quality data and social acceptance. A roof top mounted photovoltaic system is one type of PV system which has attracted lots of interest among the people of north America and Europe. The generation of electricity by this system is attractive because: generation is on-site. This results in reduction of transmission costs and transmission losses; the cost of roofing tiles can be eliminated by using mounted PV systems instead; there is no need for additional land for power generation; visual impacts are limited. The objective of this paper is to review the development of the photovoltaic market in the recent 10 year period and discuss the future markets for this technology with respect to supply and demand

Enriching services and uranium markets from an international supplier's perspective

International Nuclear Information System (INIS)

Guais, J.C.; Peterson, C.H.

1987-01-01

In the past 10 yr, the international market for nuclear fuel cycle products and services, mainly yellowcake and separative work units (SWUs), has been characterized by shifting patterns in global demand and resource allocation. For suppliers as well as buyers, the analysis of the supply and demand pattern over the next 10 yr can be a useful exercise, especially if it highlights geopolitical realities and the influence of new technologies. This paper will attempt to answer two questions related to the marketing of natural uranium and enrichment services: (1) on a global basis (i.e., for the Western World), are uranium and enrichment capacities now on line sufficient to meet long-term demand. (2) On a regional basis (the US, Europe, and Far East), what is the short-to-medium term pattern of the supply-and-demand balance

Demand response and energy efficiency in the capacity resource procurement: Case studies of forward capacity markets in ISO New England, PJM and Great Britain

International Nuclear Information System (INIS)

Liu, Yingqi

2017-01-01

Demand-side resources like demand response (DR) and energy efficiency (EE) can contribute to the capacity adequacy underpinning power system reliability. Forward capacity markets are established in many liberalised markets to procure capacity, with a strong interest in procuring DR and EE. With case studies of ISO New England, PJM and Great Britain, this paper examines the process and trends of procuring DR and EE in forward capacity markets, and the design for integration mechanisms. It finds that the contribution of DR and EE varies wildly across these three capacity markets, due to a set of factors regarding mechanism design, market conditions and regulatory provisions, and the offering of EE is more heavily influenced by regulatory utility EE obligation. DR and EE are complementary in targeting end-uses and customers for capacity resources, thus highlighting the value of procuring them both. System needs and resources’ market potential need to be considered in defining capacity products. Over the long-term, it is important to ensure the removal of barriers for these demand-side resources and the capability of providers in addressing risks of unstable funding and forward planning. For the EDR Pilot in the UK, better coordination with forward capacity auction needs to be achieved. - Highlights: • Trends of demand response and energy efficiency in capacity markets are analysed. • Integration mechanisms, market conditions and regulatory provisions are key factors. • Participation of energy efficiency is influenced by regulatory utility obligations. • Procuring both demand response and energy efficiency in capacity market is valuable. • Critical analysis of the design of capacity products and integration mechanisms.

Midwest gas and power markets, hubs, pipelines, and interconnects

International Nuclear Information System (INIS)

Wirick, J.

2001-01-01

The existing interstate pipelines and proposed pipeline projects for the Chicago hub area were illustrated. The presentation explained why energy suppliers in the current competitive market need to balance and manage energy and transportation services for gas-fired power generators in terms of hourly winter and summer peaking services. The new infrastructure of the energy market will include new pipelines, storage and balancing to meet the ever increasing power demand. One of the options to meet power demand is to increase natural gas supply, transportation, storage, and hourly balancing capabilities. Other options are to build nuclear or coal-fired power generating facilities, or to go with renewables such as solar and wind power. Energy conservation and the reduction of natural gas usage per capita is another option to eliminate blackouts. This presentation also addressed the role that local distribution companies (LDC) and unbundling will play in the choice of these options. tabs., figs

Financial transmission rights meet Cournot: How TCCs curb market power

International Nuclear Information System (INIS)

Stoft, S.

1999-01-01

This paper reconsiders the problem of market power when generators face a demand curve limited by a transmission constraint. After demonstrating that the problem's importance originates in an inherent ambiguity in Cournot-Nash theory, the author reviews Oren's argument that generators in this situation capture all congestion rents. In the one-line case, this argument depends on an untested hypothesis while in the three-line case, the Nash equilibrium was misidentified. Finally, the argument that financial transmission rights (and TCCs in particular) will have zero market value is refuted by modeling the possibility of their purchase by generators. This allows transmission owners, who initially own the TCCs, to capture some of the congestion rent. In fact when total capacity exceeds line capacity by more than the capacity of the largest generator, TCCs should attain their perfectly competitive value, thereby curbing the market power of generators

Continental integration and energy demand in the United States

International Nuclear Information System (INIS)

Manning, D.J.

2004-01-01

This presentation highlighted some of the major issues regarding energy demand in the United States and continental integration. The energy markets in Canada and the United States are economically integrated with large cross-border investment. Therefore, the energy infrastructure can be significantly affected by inconsistencies between the two countries in policy, regulatory processes and fiscal regimes. The author discussed the inelasticity in the natural gas demand in the United States in the near-term, and how natural gas consumption, particularly for power generation, is greater than North America's supply capacity. New supplies such as liquefied natural gas and arctic gas are needed to meet growing demands. The role of renewable energy technologies and energy efficiency was also discussed. It was emphasized that imbalances in supply and demand inevitably lead to price volatility and that high prices are a major obstacle to economic growth. tabs., figs

Dynamic analysis of policy drivers for bioenergy commodity markets

International Nuclear Information System (INIS)

Jeffers, Robert F.; Jacobson, Jacob J.; Searcy, Erin M.

2013-01-01

Biomass is increasingly being considered as a feedstock to provide a clean and renewable source of energy in the form of both liquid fuels and electric power. In the United States, the biofuels and biopower industries are regulated by different policies and have different drivers, which impact the maximum price the industries are willing to pay for biomass. This article describes a dynamic computer simulation model that analyzes future behavior of bioenergy feedstock markets given policy and technical options. The model simulates the long-term dynamics of these markets by treating advanced biomass feedstocks as a commodity and projecting the total demand of each industry, as well as the market price over time. The model is used for an analysis of the United States bioenergy feedstock market that projects supply, demand, and market price given three independent buyers: domestic biopower, domestic biofuels, and foreign exports. With base-case assumptions, the biofuels industry is able to dominate the market and meet the federal Renewable Fuel Standard (RFS) targets for advanced biofuels. Further analyses suggest that United States bioenergy studies should include estimates of export demand in their projections, and that GHG-limiting policy would partially shield both industries from export dominance. - Highlights: ► We model a United States bioenergy feedstock commodity market. ► Three buyers compete for biomass: biopower, biofuels, and foreign exports. ► The presented methodology improves on dynamic economic equilibrium theory. ► With current policy incentives and ignoring exports, biofuels dominates the market. ► Overseas biomass demand could dominate unless a CO 2 -limiting policy is enacted.

Demand Side Management in an Integrated Electricity Market: What are the Impacts on Generation and Environmental Concerns?

International Nuclear Information System (INIS)

Bergaentzle, Claire; Clastres, Cedric

2013-05-01

Smart Grid technology appears necessary to succeed in activating the demand through demand side management (DSM) programs. This would in turn improve energy efficiency and achieve environmental targets through controlled consumption. The many pilot projects led worldwide involving smart grids technology, brought quantitative evaluations of DSM measures on electricity load. Efficient DSM instruments must be fine-tuned to respond to very specific issues arising from the generation mix, the integration of intermittent energies or the level of outage risks faced during peak period. Efficient DSM strategies are illustrated through a model involving five countries that carry these different features and under the assumptions of isolated and fully interconnected markets. This paper aims at bringing recommendations regarding the instruments that should be implemented to maximize the benefits of smart grids technology and demand response. Finally, it tends to emphasis the issue of homogenized energy efficiency policies, critical in the building of internal energy markets such as the one the European Union is envisioning. (authors)

Medical device market in China.

Science.gov (United States)

Boyer, Philip; Morshed, Bashir I; Mussivand, Tofy

2015-06-01

With China's growing old-age population and economic presence on the international stage, it has become important to evaluate its domestic and foreign market contribution to medical devices. Medical devices are instruments or apparatuses used in the prevention, rehabilitation, treatment, or knowledge generation with respect to disease or other abnormal conditions. This article provides information drawn from recent publications to describe the current state of the Chinese domestic market for medical devices and to define opportunities for foreign investment potential therein. Recent healthcare reforms implemented to meet rising demand due to an aging and migrating population are having a positive effect on market growth-a global market with a projected growth of 15% per year over the next decade. Copyright © 2015 International Center for Artificial Organs and Transplantation and Wiley Periodicals, Inc.

Demands on thermal power plants in the liberalised energy market

International Nuclear Information System (INIS)

Hein, D.; Kwanka, K.; Fischer, T.

2005-01-01

In the liberalised energy market, a diversified set (''mix'') of power plants will be needed. By investigating present and anticipated future criteria in detail, available technologies and outlines of further development are identified and discussed. Among them, concepts for efficiency-optimised base load plants as well as units with an improved cycling operation capability are both attributed to a specific valued benefit. Following the demand for a significant reduction of the overall greenhouse gas emissions, centralised power plants fed by fossil fuels and modified for retention of CO 2 are needed to guarantee a supply of energy at moderate costs in the 21st century. (author)

Market review: Market values summary July market review/current market data

International Nuclear Information System (INIS)

Anon.

1996-01-01

A summary of financial data for the uranium spot market is provided. Recent transactions are tabulated, including uranium sales, natural uranium loans, conversion sales, and enrichment sales. A market values summary and long-term price indicators are also provided. The July 1996 market review data includes summaries of near-term uranium sales, near-term supply/demand, NUEXCO values, USEC prices, and calculated worth of enriched uranium. Active projects in uranium, conversion, and separative work supply and demand are listed. International market values are tabulated for 22 selected currencies

Provincial panel: addressing emerging energy constraints and new strategies to meet future generation demand

International Nuclear Information System (INIS)

Clarkson, J.

2006-01-01

This paper addresses emerging energy constraints and new strategies to meet future generation demand in the Province of Manitoba. The focus is to reduce reliance on energy sources that emit greenhouse gases such as petroleum, natural gas and coal, and increase clean and green electricity. The current plan is to double hydro generation, achieve 1000 MW wind power and utilize bio energy

An assessment of the role mass market demand response could play in contributing to the management of variable generation integration issues

International Nuclear Information System (INIS)

Cappers, Peter; Mills, Andrew; Goldman, Charles; Wiser, Ryan; Eto, Joseph H.

2012-01-01

The penetration of wind and solar generating resources is expected to dramatically increase in the United States over the coming years. It is widely understood that large scale deployment of these types of renewable energy sources (e.g., wind, solar) that have variable and less predictable production characteristics than traditional thermal resources poses integration challenges for bulk power system operators. At present, bulk power system operators primarily utilize strategies that rely on existing thermal generation resources and improved wind and solar energy production forecasts to manage this uncertainty; a host of additional options are also envisioned for the near future including demand response (DR). There are well-established bodies of research that examine variable generation integration issues as well as demand response potential; but, the existing literature that provides a comparative assessment of the two neither treats this topic comprehensively nor in a highly integrated fashion. Thus, this paper seeks to address these missing pieces by considering the full range of opportunities and challenges for mass market DR rates and programs to support integration of variable renewable generation. - Highlights: ► Mass market demand response can help manage the integration of renewable resources. ► To be more effective, retail electricity rates must apply contemporaneous prices. ► Demand response programs will require shorter duration and more frequent events. ► Mass market customers will likely need to accept control technology. ► Market rules and regulatory policies must change to expand demand response's role.

Economic demand response model in liberalised electricity markets with respect to flexibility of consumers

DEFF Research Database (Denmark)

Sharifi, Reza; Anvari-Moghaddam, Amjad; Fathi, S. Hamid

2017-01-01

Before restructuring in the electricity industry, the primary decision-makers of the electricity market were deemed to be power generation and transmission companies, market regulation boards, and power industry regulators. In this traditional structure, consumers were interested in receiving...... electricity at flat rates while paying no attention to the problems of this industry. This attitude was the source of many problems, sometimes leading to collapse of power systems and widespread blackouts. Restructuring of the electricity industry however provided a multitude of solutions to these problems....... The most important solution can be demand response (DR) programs. This paper proposes an economic DR model for residential consumers in liberalized electricity markets to change their consumption pattern from times of high energy prices to other times to maximize their utility functions. This economic...

Combined cycle design flexibility in today's market

International Nuclear Information System (INIS)

DeRidder, W.N.; Knott, S.J.

1995-01-01

In the power generation industry, non utility generators (NUG's) comprise a significant portion of new generation growth as electricity demands exceed existing utility capacities. These NUG's are developed by customers with widely varying experiences; bankers, lawyers, architect engineers, original equipment manufacturers, and other organizations involved in such diverse industries as petrochemical, pulp and paper, and steel making. The demands of these customers can be significantly varied in terms of features such as capacity factor, operability, maintainability, equipment redundancy, acceptable design practices, and many others. In addition, both the utility and NUG industries demand flexibility due to external influences such as regulatory policies, environmental conditions new design technologies, and emerging global markets. All of these factors are subject to wide variation across different market regions and even within a given region. This paper discusses the development of a reference plant design approach which focuses on customer flexibility while maximizing the use of proven designs. This approach allows basic system designs to be modified in a modular fashion to meet the differing demands of utility and NUG customers

A novel approach using flexible scheduling and aggregation to optimize demand response in the developing interactive grid market architecture

International Nuclear Information System (INIS)

Reihani, Ehsan; Motalleb, Mahdi; Thornton, Matsu; Ghorbani, Reza

2016-01-01

Highlights: • Designing a DR market to increase renewable resources and decrease air pollution. • Explaining two economic models for DR market for selling available DR quantities. • Optimal allocating DR quantity to houses under each DR aggregator control. • Proposing a discomfort cost function for residential DR resources. • Performing a sensitivity analysis on discomfort cost function coefficients. - Abstract: With the increasing presence of intermittent renewable energy generation sources, variable control over loads and energy storage devices on the grid become even more important to maintain this balance. Increasing renewable energy penetration depends on both technical and economic factors. Distribution system consumers can contribute to grid stability by controlling residential electrical device power consumed by water heaters and battery storage systems. Coupled with dynamic supply pricing strategies, a comprehensive system for demand response (DR) exist. Proper DR management will allow greater integration of renewable energy sources partially replacing energy demand currently met by the combustion of fossil-fuels. An enticing economic framework providing increased value to consumers compensates them for reduced control of devices placed under a DR aggregator. Much work has already been done to develop more effective ways to implement DR control systems. Utilizing an integrated approach that combines consumer requirements into aggregate pools, and provides a dynamic response to market and grid conditions, we have developed a mathematical model that can quantify control parameters for optimum demand response and decide which resources to switch and when. In this model, optimization is achieved as a function of cost savings vs. customer comfort using mathematical market analysis. Two market modeling approaches—the Cournot and SFE—are presented and compared. A quadratic function is used for presenting the cost function of each DRA (Demand

Present supply and demand on the world uranium market and decision of the nuclear fuel cycle policy

International Nuclear Information System (INIS)

Zhang Luqing

1994-01-01

The present supply and demand relationship on the world uranium market due to the change of international situation in the last years is described and the falling price on the world uranium market is estimated. It is pointed out that the falling price would continue for a long time. Based on it the three different policy decisions on the back-end of nuclear fuel cycle are analysed

Examining demand response, renewable energy and efficiencies to meet growing electricity needs

International Nuclear Information System (INIS)

Elliot, N.; Eldridge, M.; Shipley, A.M.; Laitner, J.S.; Nadel, S.; Silverstein, A.; Hedman, B.; Sloan, M.

2007-01-01

While Texas has already taken steps to improve its renewable energy portfolio (RPS), and its energy efficiency improvement program (EEIP), the level of savings that utilities can achieve through the EEIP can be greatly increased. This report estimated the size of energy efficiency and renewable energy resources in Texas, and suggested a range of policy options that might be adopted to further extend EEIP. Current forecasts suggest that peak demand in Texas will increase by 2.3 per cent annually from 2007-2012, a level of growth which is threatening the state's ability to maintain grid reliability at reasonable cost. Almost 70 per cent of installed generating capacity is fuelled by natural gas in Texas. Recent polling has suggested that over 70 per cent of Texans are willing support increased spending on energy efficiency. Demand response measures that may be implemented in the state include incentive-based programs that pay users to reduce their electricity consumption during specific times and pricing programs, where customers are given a price signal and are expected to moderate their electricity usage. By 2023, the widespread availability of time-varying retail electric rates and complementary communications and control methods will permanently change the nature of electricity demand in the state. At present, the integrated utilities in Texas offer a variety of direct load control and time-of-use, curtailable, and interruptible rates. However, with the advent of retail competition now available as a result of the structural unbundling of investor-owned utilities, there is less demand response available in Texas. It was concluded that energy efficiency, demand response, and renewable energy resources can meet the increasing demand for electricity in Texas over the next 15 years. 4 figs

Trends in the market of poultry production in the conditions of globalization

Directory of Open Access Journals (Sweden)

Kyryliuk O.F.

2017-12-01

Full Text Available according to the author, in modern conditions of globalization of food markets, the researching the state of the domestic market of poultry products in order to provide the population with high-grade food products is important. It is established that the formation of demand in the poultry market is mainly due to production by domestic producers, while imports for the period under review are being reduced and meet mainly the needs of processing industry enterprises.

Emissions associated with meeting the future global wheat demand: A case study of UK production under climate change constraints

International Nuclear Information System (INIS)

Röder, Mirjam; Thornley, Patricia; Campbell, Grant; Bows-Larkin, Alice

2014-01-01

Highlights: • Conflicts between adapting to climate change, food security and reducing emissions. • Climate change likely to limit wheat production in the southern hemisphere. • Climate change yield benefits marginally increase emissions per unit of product. • Improved yield will result in higher total production emissions. • Production-based inventories discourage an increase in production. - Abstract: Climate change, population growth and socio-structural changes will make meeting future food demands extremely challenging. As wheat is a globally traded food commodity central to the food security of many nations, this paper uses it as an example to explore the impact of climate change on global food supply and quantify the resulting greenhouse gas emissions. Published data on projected wheat production is used to analyse how global production can be increased to match projected demand. The results show that the largest projected wheat demand increases are in areas most likely to suffer severe climate change impacts, but that global demand could be met if northern hemisphere producers exploit climate change benefits to increase production and narrow their yield gaps. Life cycle assessment of different climate change scenarios shows that in the case of one of the most important wheat producers (the UK) it may be possible to improve yields with an increase of only 0.6% in the emission intensity per unit of wheat produced in a 2 °C scenario. However, UK production would need to rise substantially, increasing total UK wheat production emissions by 26%. This demonstrates how national emission inventories and associated targets do not incentivise minimisation of global greenhouse gas emissions while meeting increased food demands, highlighting a triad of challenges: meeting the rising demand for food, adapting to climate change and reducing emissions

Canadian hydro potential in the North American market

International Nuclear Information System (INIS)

Adams, K.

2002-01-01

Canada's hydro potential in the North American energy market was discussed. Canada is a net exporter of electricity in North America, and since 1990, has exported an average of 28 Terawatt hours/year to the United States. More than 65 per cent of these exports were generated from hydro power plants. It was emphasized that significant reductions in greenhouse gases can be achieved if Canadian hydroelectricity is substituted for coal power generation. It was also noted that although there may not be enough hydro capacity to meet all of North America's energy requirements, development of new large hydro resources in Canada could help meet the growing demand for electricity in the United States. Hydro can also complement other renewable energy sources such as wind and solar. The factors that will determine if Canadian hydropower will contribute to the energy demand are market mechanisms such as greenhouse gas credit trading systems which provide incentive for renewable energy projects. In addition, the existing infrastructure must be expanded both east and west within Canada and north and south between Canada and the United States. 5 figs

Proposed Model for Innovation of Community Colleges to Meet Labor Market Needs in Saudi Arabia

Science.gov (United States)

Almannie, Mohamed

2015-01-01

The study introduced a very important issue for the development of labor market in any developing country. The rapid changes in technology and communication imposed challenges on education institutions for the development of labor market to meet local communities. These institutions have more responsibilities to provide professional and skilled…

Determining the Interruptible Load with Strategic Behavior in a Competitive Electricity Market

Directory of Open Access Journals (Sweden)

Tae Hyun Yoo

2014-12-01

Full Text Available In a deregulated market, independent system operators meet power balance based on supply and demand bids to maximize social welfare. Since electricity markets are typically oligopolies, players with market power may withhold capacity to maximize profit. Such exercise of market power can lead to various problems, including increased electricity prices, and hence lower social welfare. Here we propose an approach to maximize social welfare and prevent the exercising of market power by means of interruptible loads in a competitive market environment. Our approach enables management of the market power by analyzing the benefit to the companies of capacity withdrawal and scheduling resources with interruptible loads. Our formulation shows that we can prevent power companies and demand-resource owners from exercising market powers. The oligopolistic conditions are described using the Cournot model to reflect the capacity withdrawal in electricity markets. The numerical results confirm the effectiveness of proposed method, via a comparison of perfect competition and oligopoly scenarios. Our approach provides reductions in market-clearing prices, increases in social welfare, and more equal distribution of surpluses between players.

The Challenges Organic Food Processors Meet at Small Emerging Market – Estonian Case

OpenAIRE

Sarapuu, Kerttu; Pehme, Sirli; Peetsmann, Elen; Matt, Darja

2014-01-01

Organic farming and demand for organic products is continually a growing trend all over the world (Willer et al., 2013). In Estonia the share of organic land is 15% of all agricultural land and the number of organic farmers is also growing (Vetemaa, Mikk 2013). Estonian organic food market is still in forming stage being affected by local organic farming development, marketing situation, economic situation and consumer attitudes. Organic processing has clearly not kept up with organic farming...

Setting Ambitious yet Achievable Targets Using Probabilistic Projections: Meeting Demand for Family Planning.

Science.gov (United States)

Kantorová, Vladimíra; New, Jin Rou; Biddlecom, Ann; Alkema, Leontine

2017-09-01

In 2015, governments adopted 17 internationally agreed goals to ensure progress and well-being in the economic, social, and environmental dimensions of sustainable development. These new goals present a challenge for countries to set empirical targets that are ambitious yet achievable and that can account for different starting points and rates of progress. We used probabilistic projections of family planning indicators, based on a global data set and Bayesian hierarchical modeling, to generate illustrative targets at the country level. Targets were defined as the percentage of demand for family planning satisfied with modern contraceptive methods where a country has at least a 10 percent chance of reaching the target by 2030. National targets for 2030 ranged from below 50 percent of demand satisfied with modern contraceptives (for three countries in Africa) to above 90 percent (for 41 countries from all major areas of the world). The probabilistic approach also identified countries for which a global fixed target value of 75 percent demand satisfied was either unambitious or has little chance of achievement. We present the web-based Family Planning Estimation Tool (FPET) enabling national decision makers to compute and assess targets for meeting family planning demand. © 2017 The Population Council, Inc.

The Demand Side in Economic Models of Energy Markets: The Challenge of Representing Consumer Behavior

Energy Technology Data Exchange (ETDEWEB)

Krysiak, Frank C., E-mail: frank.krysiak@unibas.ch; Weigt, Hannes [Department of Business and Economics, University of Basel, Basel (Switzerland)

2015-05-19

Energy models play an increasing role in the ongoing energy transition processes either as tools for forecasting potential developments or for assessments of policy and market design options. In recent years, these models have increased in scope and scale and provide a reasonable representation of the energy supply side, technological aspects and general macroeconomic interactions. However, the representation of the demand side and consumer behavior has remained rather simplistic. The objective of this paper is twofold. First, we review existing large-scale energy model approaches, namely bottom-up and top-down models, with respect to their demand-side representation. Second, we identify gaps in existing approaches and draft potential pathways to account for a more detailed demand-side and behavior representation in energy modeling.

The Demand Side in Economic Models of Energy Markets: The Challenge of Representing Consumer Behavior

Directory of Open Access Journals (Sweden)

Frank eKrysiak

2015-05-01

Full Text Available Energy models play an increasing role in the ongoing energy transition processes either as tools for forecasting potential developments or for assessments of policy and market design options. In recent years these models have increased in scope and scale and provide a reasonable representation of the energy supply side, technological aspects and general macroeconomic interactions. However, the representation of the demand side and consumer behavior has remained rather simplistic. The objective of this paper is twofold. First, we review existing large scale energy model approaches, namely bottom-up and top-down models, with respect to their demand side representation. Second, we identify gaps in existing approaches and draft potential pathways to account for a more detailed demand side and behavior representation in energy modeling.

The Demand Side in Economic Models of Energy Markets: The Challenge of Representing Consumer Behavior

International Nuclear Information System (INIS)

Krysiak, Frank C.; Weigt, Hannes

2015-01-01

Energy models play an increasing role in the ongoing energy transition processes either as tools for forecasting potential developments or for assessments of policy and market design options. In recent years, these models have increased in scope and scale and provide a reasonable representation of the energy supply side, technological aspects and general macroeconomic interactions. However, the representation of the demand side and consumer behavior has remained rather simplistic. The objective of this paper is twofold. First, we review existing large-scale energy model approaches, namely bottom-up and top-down models, with respect to their demand-side representation. Second, we identify gaps in existing approaches and draft potential pathways to account for a more detailed demand-side and behavior representation in energy modeling.

76 FR 19355 - Notice of Staff Attendance at Southwest Power Pool Markets Operations Policy Committee Meeting

Science.gov (United States)

2011-04-07

...) Markets Operations Policy Committee (MOPC), as noted below. Their attendance is part of the Commission's... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Staff Attendance at Southwest Power Pool Markets Operations Policy Committee Meeting The Federal Energy Regulatory Commission hereby...

7 CFR 987.11 - Trade demand.

Science.gov (United States)

2010-01-01

... 7 Agriculture 8 2010-01-01 2010-01-01 false Trade demand. 987.11 Section 987.11 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL MARKETING SERVICE (Marketing Agreements... RIVERSIDE COUNTY, CALIFORNIA Order Regulating Handling Definitions § 987.11 Trade demand. Trade demand means...

7 CFR 981.21 - Trade demand.

Science.gov (United States)

2010-01-01

... 7 Agriculture 8 2010-01-01 2010-01-01 false Trade demand. 981.21 Section 981.21 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL MARKETING SERVICE (Marketing Agreements... Regulating Handling Definitions § 981.21 Trade demand. Trade demand means the quantity of almonds...

Interactions between the German Electricity Spot Market and the Reserve Energy Market

International Nuclear Information System (INIS)

Graeber, Bernhardt

2005-01-01

Eight years after market opening, Germany has well established spot and future markets for electricity. Besides OTC and Internet broker platforms the main market place is the European Energy Exchange in Leipzig (EEX) with its spot and future market. Less known is the reserve energy market in Germany. The four German transmission system operators (TSOs) EnBW, EON, RWE and Vattenfall purchase network services on the reserve energy market. Products with specific technical requirements are primary, secondary and tertiary reserve. (Details about the technical requirements and typical means for providing the required services will be presented.) Each TSO organises a separate auction for these products - for primary and secondary reserve half-yearly, for tertiary reserve daily. Due to the technical requirements the liquidity on these markets is limited, but especially on the tertiary reserve market it is recently growing significantly due to new participants marketing several smaller municipal and industrial reserve power plants as combined bids which meet the 30 MW min. capacity requirement. Every power plant or interruptible load could not only be offered as capacity on the reserve market but could also be dispatched for the spot market. Therefore the developments of prices on these markets are not independent and opportunity costs against the spot market can be estimated for different type of plants bidding in the reserve market. Another interaction between reserve and spot market is caused by the balancing price system in Germany. Prices for balancing energy meeting deviations between load, trading balance and production of a market participant are based on quarter-hourly reserve energy costs encountered by the TSO. As unbiased load and production forecasts are not strictly enforced by the TSOs so far, part of the planned demand could be met with balancing energy if EEX spot market prices rise above expected balancing energy prices. This interrelationship has a

Seizing market shaping opportunities for vaccine cold chain equipment.

Science.gov (United States)

Azimi, Tara; Franzel, Lauren; Probst, Nina

2017-04-19

Gavi, the Vaccine Alliance, supports immunisation programmes in eligible countries to reach children with lifesaving vaccines. Dramatic improvement in the scale and performance of current cold chain systems is required to extend the reach of immunisation services - especially for children living in remote locations - to advance progress towards full vaccine coverage. Achieving these improvements will require a healthier market for cold chain equipment where the products meet user needs, are sustainably priced, and are available in sufficient quantities to meet demand. Yet evidence suggests that the cold chain market has suffered from several failures including limited demand visibility, fragmented procurement, and insufficient information exchange between manufacturers and buyers on needs and equipment performance. One of Gavi's strategic goals is to shape markets for vaccines and other immunisation products, including cold chain equipment and in 2015, Gavi created a new mechanism - the Cold Chain Equipment (CCE) Optimisation Platform - to strengthen country cold chain systems by offering financial support and incentives for higher performing CCE. The main objective of the CCE Platform is to get more equipment that is efficient, sustainable, and better performing deployed to every health facility where it is required at an affordable price. To achieve these objectives, Gavi is putting in place tested market shaping approaches and tools adapted for the CCE market: the development of market strategies or 'roadmaps'; improvement of product performance through the development of target product profiles (TPPs); strategic engagement with CCE manufacturers and countries to enhance information sharing; and tailoring procurement tactics to the CCE market. These approaches and tools will allow for increased demand and supply of higher-performing, cost-effective and quality products. By strengthening immunisation systems with improved cold chain equipment, Gavi countries can

Market Design Project. Demand Response Resources in Sweden - a summary

International Nuclear Information System (INIS)

Fritz, Peter

2006-06-01

An important discussion in later years has been whether the necessary reserves in the electricity market are to be generated through normal market mechanisms, i.e. with the price as the primary controlling parameter, or if it requires a collectively financed capacity reserve and how regulations in such a case should be shaped. The issue is first and foremost a matter of where the line is drawn between that which 'the market' should handle and that which can be assured through regulation. Autumn 2002 Svenska Kraftnaet (the Swedish TSO) presented an investigation to the government in which it was suggested that the capacity balance should primarily be managed through the use of normal pricing mechanisms, but that the state should strengthen responsibility for the nation's capacity balance in the period up until 2008. When approaching an effect loss situation, spot prices and balancing power prices will skyrocket. Today, most people are in agreement that a condition for maintained delivery safety is that normal pricing mechanisms are in place and that consumption actually is affected by high prices. The main reason for this conclusion is that it is very expensive to keep production facilities in reserve for situations that are expected to occur very seldom - it is cheaper to encourage large customers to reduce their consumption. The other reason is that increased price sensitivity creates conditions for a more stable and more predictable pricing development in strained situations. While being aware that a response to increased demand is needed, we see too little of that on the market today. The aim of this project is to present concrete measures that will awaken this slumbering resource. In order to judge how much demand response that can reasonably be expected and if there is any financial gain for customers, electricity suppliers and grid operators; it has been necessary to cast a few predictions about future price peaks. We estimate price peaks in the 3-10 SEK

Deregulation of Electricity Market and Drivers of Demand for Electrical Energy in Industry

Directory of Open Access Journals (Sweden)

Bojnec Štefan

2016-09-01

Full Text Available This paper investigates deregulation of electricity market focusing on electricity prices and drivers of demand for electrical energy in industry in Slovenia. The patterns in evolution of real electricity price developments and the three main components of the electricity price are calculated: liberalized market share for purchased electricity price, regulated infrastructure share for use of electricity network grids and mandatory state charges in the sale of electricity (duty, excise duty and value-added tax. To calculate the real value of electricity prices, producer price index of industrial commodities for electricity prices in industry is used as deflator and implicit deflator of gross domestic product for the size of the economy. In the empirical econometric part is used regression analysis for the amount electricity consumption in the industry depending on the real gross domestic product, direct and cross-price elasticity for natural gas prices in the industry. The results confirmed volatility in real electricity price developments with their increasing tendency and the increasing share of different taxes and state charges in the electricity prices for industry. Demand for electrical energy in industry is positively associated with gross domestic product and price of natural gas as substitute for electrical energy in industry use, and negatively associated with prices of electrical energy for industry.

A Study on stabilization of energy supply and demand using foreign futures market

Energy Technology Data Exchange (ETDEWEB)

Yun, Won Chul; Lee, Sung Keun [Korea Energy Economics Institute, Euiwang (Korea)

1999-02-01

This study seeks to minimize financial cost related to the price stabilization and the supply and demand stabilization. In order to accomplish this, it derives a theoretical model of supply hedging to minimize fluctuation risk of price and financial cost intended for crude oil and LNG. Through the positive analysis based on this, it analyzes quantitatively the economic effect of utilizing foreign futures market. It shows the decline of average and divergence of supply cost. Despite the economic effect of utilizing a futures market, the degree of utilizing energy futures market of related firms in Korea appeared to be insufficient. To raise the utilization of trading in futures, the followings were suggested. Firstly, cost reduction and sharing relating information can be designed through the joint participation among allied enterprises. Secondly, energy futures transaction center in Korea can be established or trading linkage based on the existing international trading system can be built. Thirdly, it is possible to subsidize related cost by making a loan from trading in futures. Lastly, the participating directly in a futures market at government level can be considered. (author). 61 refs., 57 figs., 22 tabs.

Why commercial customers are SIC of DSM [demand-side management] marketing

International Nuclear Information System (INIS)

Lewis, L.E.

1990-01-01

Studies have shown that the success of demand management programs, which have demonstrated economic benefits, depends on the level of customer participation. In order to have a better understanding of the decisionmaking process of commercial customers with respect to demand management programs, a study was undertaken to determine the preferences and the behavior of this class of clientele. This clientele, whose power consumption has been increasing at a faster rate than that of other sectors, represents a vast range of enterprises producing and supplying all kinds of products. Many of them operate from numerous geographic points on local, regional, national, and even world scales and are generally hierarchically organized. Because of these characteristics, their decisionmaking processes and their needs are equally complex, more so than in the residential sector. A multidimensional approach has been adopted to ensure that their needs are determined according to a quantitative and qualitative research method. The conclusions of the quantitative research have demonstrated that the frameworks representing different organizations respond differently to questions on their needs. It is also noted that certain commercial enterprises are of a cohesive nature (i.e. there is a consistency in understanding of corporate strategic and operational requirements at all hierarchical levels), while others are more diffuse. Those responsible for marketing demand management programs therefore must improve their understanding of the strategic and operational needs of their commercial customers in order to make their demand management programs productive in the view of the appropriate personnel at the hierarchical level applicable to the company concerned

A Study of Demand Response Effect of Thermal Storage Air-Conditioning Systems in Consideration of Electricity Market Prices

Science.gov (United States)

Omagari, Yuko; Sugihara, Hideharu; Tsuji, Kiichiro

This paper evaluates the economic impact of the introduction of customer-owned Thermal Storage Air-conditioning (TSA) systems, in an electricity market, from the viewpoint of the load service entity. We perform simulations on the condition that several thousand customers install TSA systems and shift peak demand in an electricity market by one percent. Our numerical results indicate that the purchase cost of the LSE was reduced through load management of customers with TSA systems. The introduction of TSA systems also reduced the volatility of market clearing price and reduced the whole-trade cost in an electricity market.

Capacity Market Design: Motivation and Challenges in Alberta’s Electricity Market

Directory of Open Access Journals (Sweden)

David Brown

2018-03-01

Full Text Available Alberta’s electricity market is currently undergoing a period of substantial transition. The province should proceed with caution as it switches from an energy-only electricity market to a capacity market by 2021. Many other jurisdictions have already made the changeover and Alberta can learn from their experiences in order to avoid common mistakes and pitfalls that can arise with the deployment of a capacity market.There were growing concerns that the existing electricity market structure would not attract sufficient investment from conventional generation (e.g., natural gas due to the increased penetration of zero marginal cost renewable generation. As a result, the Alberta government has chosen to transition to a capacity market. For consumers, a capacity market aims to ensure there is sufficient investment in new generation capacity to “keep the lights on” and reduce price swings in the wholesale market. The capacity market will also help the province meet its goals for attracting investors and transitioning away from its dependence on coal-fired electricity generation.However, a switchover is not as simple as it sounds. In an energy-only market, firms are paid solely based on the provision of electricity in hourly wholesale markets. In capacity markets, electricity-generating firms are also paid for providing generation capacity, reflecting the potential to provide electricity at some point in the future. While capacity markets can help ensure there is a reliable supply of electricity, there are several challenges in the implementation of capacity markets. This paper discusses the motivation for the adoption of capacity markets, highlights challenges regulators face when implementing this market design in the context of Alberta, and summarizes the key trade-offs associated with energy-only versus capacity market designs.Relative to an energy-only market, a capacity market is more complex and requires that regulators specify numerous

77 FR 3544 - Meeting and Webinar on the Active Traffic and Demand Management and Intelligent Network Flow...

Science.gov (United States)

2012-01-24

... Intelligent Network Flow Optimization Operational Concepts; Notice of Public Meeting AGENCY: Research and... Demand Management (ADTM) and Intelligent Network Flow Optimization (INFLO) operational concepts. The ADTM... infrastructure. The vision for ATDM research is to allow transportation agencies to increase traffic flow...

Optimal wind-hydro solution for the Marmara region of Turkey to meet electricity demand

International Nuclear Information System (INIS)

Dursun, Bahtiyar; Alboyaci, Bora; Gokcol, Cihan

2011-01-01

Wind power technology is now a reliable electricity production system. It presents an economically attractive solution for the continuously increasing energy demand of the Marmara region located in Turkey. However, the stochastic behavior of wind speed in the Marmara region can lead to significant disharmony between wind energy production and electricity demand. Therefore, to overcome wind's variable nature, a more reliable solution would be to integrate hydropower with wind energy. In this study, a methodology to estimate an optimal wind-hydro solution is developed and it is subsequently applied to six typical different site cases in the Marmara region in order to define the most beneficial configuration of the wind-hydro system. All numerical calculations are based on the long-term wind speed measurements, electrical load demand and operational characteristics of the system components. -- Research highlights: → This study is the first application of a wind-hydro pumped storage system in Turkey. → The methodology developed in this study is applied to the six sites in the Marmara region of Turkey. A wind - hydro pumped storage system is proposed to meet the electric energy demand of the Marmara region.

The end of surplus and a growing role in world markets

International Nuclear Information System (INIS)

Eklof, W.D.

1991-01-01

Rapid economic growth in Asia in recent years has rekindled the region's appetite for energy. This surge in energy consumption since the oil price collapse in 1986 has brought into sharp focus critical challenges facing Asian governments and commercial organizations in the 1990's--challenges that must be met if the economic success of recent years is to continue. Yet supplying energy to fuel economic growth will be more difficult than in the past. Oil reserves in the region are inadequate to support the anticipated growth in demands, and new discoveries may be modest. Gas reserves are plentiful, but not well located to meet the energy needs of major markets. Added to difficulties associated with these resource-based limitations new challenges are emerging: growing consumer demands for transportation fuels and electricity, a growing concern for the environmental impact of energy production and consumption, and the need to rethink long-standing energy policies that were based on expectations of very high future oil prices. These new factors will complicate policy decisions and place new constraints on available energy options. This paper addresses the future development of Asian oil and gas markets in light of these challenges, and provides an assessment of the potential growth of gas markets, the need for growing oil imports into the region, and the need for new refining capacity to meet the growing demand for transportation fuels

Market Report : The high-voltage transmission market in Poland

Energy Technology Data Exchange (ETDEWEB)

NONE

2002-06-01

In order to meet the accession requirements for membership to the European Union, Poland is currently restructuring its energy sector, and the initiative to privatise the electric power industry to full competition by 2005 is on course. This report describes the opportunities for foreign investors and suppliers of electrical equipment and services, particularly at this time when power demand is growing, the power grid infrastructure is ageing and obsolete components must be replaced. The total installed capacity in Poland is about 33,000 megawatts. This includes all installations of power plants and combined heat and power plants. An investment of $23 billion is anticipated by 2010 in order to modernize the electricity power industry and to meet the growing energy demand. Polski Siece Elektroenergetyczne, S.A. (PSE) is the state-owned company which controls Poland's high-voltage transmission grid. It operates a 220 kilovolt and 40 kV grid and holds the monopoly on acquiring and transmitting electricity in the country. Poland maintains grid interconnections with several other European countries and is looking to expand its network. Opportunities for Canadian suppliers lie in the areas of high-voltage power transmission equipment and services. Other opportunities lie in commercial prospects in sales of equipment and services. The report includes a section on international competition, and the Canadian position for both private- and public-sector companies. A section on market logistics describes distribution channels, market-entry considerations, import regulations, and export credit risks. A list of key contacts and support services is included with this report. refs., tabs.

AÇAÍ PULP DEMAND IN THE RETAIL MARKET OF BELÉM, STATE OF PARÁ

Directory of Open Access Journals (Sweden)

ANTÔNIO CORDEIRO DE SANTANA

Full Text Available ABSTRACT The aim of this work was to estimate the parameters associated to the demand for açaí pulp in the retail market of Belém. Multiple regression analysis was applied to identify the key variables that impact on product consumption and to estimate the price and income elasticities and cross demand. The econometric estimation method applied was the least squares to correct heteroscedastic variance problems. Results have shown that the demand for açaí pulp is price and income inelastic. Fish and cassava flour were confirmed as complementary products of strong influence on the decisions of consumers. Product quality, with regard to its association to Chagas disease, also revealed a strong influence on product choice for household consumption. Finally, the socio-economic benefit of açaí pulp was R$ 762.78 million per year.

Timber supply and demand assessment of the Green and White Mountain National Forests' market area

Science.gov (United States)

Chris B. LeDoux; Paul E. Sendak; William H. McWilliams; Neil Huyler; Thomas Malecek; Worthen Muzzey; Toni Jones

2001-01-01

This report describes a timber supply and demand assessment of the Green and White Mountain National Forests' market area using USDA Forest Service, Forest Inventory and Analysis data, production information provided by forest industry, and a stump-to-mill logging cost-prediction model. Nonavailable timberland that includes reserve and steep-terrain lands is...

Understanding Utah's Native Plant Market: Coordinating Public and Private Interest

OpenAIRE

Hooper, Virginia Harding

2003-01-01

Changes in Lone Peak Conservation Nursery customer profiles cause state nursery leaders to question what their products are being used for and how trends in native plant use are changing the market for Utah native plants. The Utah native plant market is changing as interest in native plants is expanding to meet new conservation objectives, oftentimes in urban settings. This newer demand for native plants appears to be motivated by current changes in urban conservation behavior, continued popu...

Feasibility of solid oxide fuel cell dynamic hydrogen coproduction to meet building demand

Science.gov (United States)

Shaffer, Brendan; Brouwer, Jacob

2014-02-01

A dynamic internal reforming-solid oxide fuel cell system model is developed and used to simulate the coproduction of electricity and hydrogen while meeting the measured dynamic load of a typical southern California commercial building. The simulated direct internal reforming-solid oxide fuel cell (DIR-SOFC) system is controlled to become an electrical load following device that well follows the measured building load data (3-s resolution). The feasibility of the DIR-SOFC system to meet the dynamic building demand while co-producing hydrogen is demonstrated. The resulting thermal responses of the system to the electrical load dynamics as well as those dynamics associated with the filling of a hydrogen collection tank are investigated. The DIR-SOFC system model also allows for resolution of the fuel cell species and temperature distributions during these dynamics since thermal gradients are a concern for DIR-SOFC.

What about coal? Interactions between climate policies and the global steam coal market until 2030

International Nuclear Information System (INIS)

Haftendorn, C.; Kemfert, C.; Holz, F.

2012-01-01

Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of special relevance as coal is available in many countries and often the first choice to meet energy demand. In this paper we assess possible interactions between climate policies and the global steam coal market. Possible market adjustments between demand regions through market effects are investigated with a numerical model of the global steam coal market: the “COALMOD-World” model. This equilibrium model computes future trade flows, infrastructure investments and prices until 2030. We investigate three specific designs of climate policy: a unilateral European climate policy, an Indonesian export-limiting policy and a fast-roll out of carbon capture and storage (CCS) in the broader context of climate policy and market constraints. We find that market adjustment effects in the coal market can have significant positive and negative impacts on the effectiveness of climate policies. - Highlights: ► Interactions between climate policy and the global coal market until 2030 modeled. ► Analysis with the numerical model: “COALMOD-World”. ► Unilateral European climate policy partly compensated by market adjustment effects. ► A fast roll-out of CCS can lead to positive market adjustment effects. ► An export restricting supply-side policy generates virtuous market adjustments.

Feasibility and potential of thermal demand side management in residential buildings considering different developments in the German energy market

International Nuclear Information System (INIS)

Wolisz, Henryk; Punkenburg, Carl; Streblow, Rita; Müller, Dirk

2016-01-01

Highlights: • A scenario analysis for the German energy market in the year 2030 is performed. • Growing demand for flexible electric capacities is identified in all scenarios. • Significant potential for domestic demand side management is identified. • A distinct potential for dynamic operation of domestic supply systems is found. • The necessity for a quick introduction of smart metering and control is found. - Abstract: A transition in the electricity market is required to manage the volatility of increasing renewable energy generation. These fluctuations can be faced with flexible consumption through Demand Side Management (DSM), establishment of further centralized storage capacities and provisioning of dynamic back up generation capacities. At least the latter two options can impose large establishment and operation costs upon the electricity market. Therefore, the feasibility and the resulting potential of coupling the electricity grid with the thermal supply of residential buildings is analysed in this paper. Thereby, inexpensive and widespread thermal storage capacities could be used to improve the integration of dynamic renewable electricity generation. In this paper the technical and economical key impact factors for such thermal DSM approach are elaborated. Based on a literature review, the identified key factors are aggregated to form consistent scenarios of the German “Energiewende” (turnaround in energy policy). The practicability and possible magnitude of the intended DSM is then analysed based on the identified scenarios. All resulting scenarios highlight the growing demand for a flexible electricity market. Especially in scenarios with strong growth of renewable electricity generation, up to 45 GW of flexible electric capacities would be required in Germany by the year 2030. Furthermore, the analysis demonstrates that independently of the energy market development, it is very likely that electricity coupled supply systems will

Permanent demand excess as business strategy: an analysis of the Brazilian higher-education market

Directory of Open Access Journals (Sweden)

Rodrigo Menon Simões Moita

2015-03-01

Full Text Available Many Higher Education Institutions (HEIs establish tuition below the equilibrium price to generate permanent demand excess. This paper first adapts Becker’s (1991 theory to understand why the HEIs price in this way. The fact that students are both consumers and inputs on the education production process gives rise to a market equilibrium where some firms have excess demand and charge high prices, and others charge low prices and have empty seats.Second, the paper analyzes this equilibrium empirically. We estimated the demand for undergraduate courses in Business Administration in the State of São Paulo. The results show that tuition, quality of incoming students and percentage of lecturers holding doctorates degrees are the determining factors of students’ choice. Since the student quality determines the demand for a HEI, it is calculated what the value is for a HEI to get better students; that is the total revenue that each HEI gives up to guarantee excess demand. Regarding the “investment” in selectivity, 39 HEIs in São Paulo give up a combined R$ 5 million (or US$ 3.14 million in revenue per year per freshman class, which means 7.6% of the revenue coming from a freshman class.

The shift in US oil demand and its impact on OPEC's market share

International Nuclear Information System (INIS)

Jabir, I.

2001-01-01

Tremendous political pressure is being exerted on the US government by different political parties to diversify its sources of foreign oil supplies by switching from the reliance on OPEC's oil to that originating from non-OPEC nations. Without a doubt, such a shift would adversely impact the market share of some OPEC members, particularly Saudi Arabia, Venezuela and Nigeria. These countries should therefore consider seriously the negative impact of this scenario and consequently formulate individual or joint production policies aiming at protecting their oil market share. To help OPEC achieve this objective, there is a need to estimate the demand function of US oil imports. This paper proffers an estimate of such a function, taking into account, among other variables, the impact of US Strategic Petroleum Reserve (SPR)

Digital marketing budgets for independent hotels Continuously Shifting to Remain Competitive in the Online World

OpenAIRE

Lanz, Leora Halpern; Carmichael, Megan

2015-01-01

The hotel marketing budget, typically amounting to approximately 4-5% of an asset’s total revenue, must remain fluid so that the marketing director can constantly adapt the marketing tools to meet consumer communications methods and demands. Though only a small amount of a hotel’s revenue is traditionally allocated for the marketing budget, the hotel’s success is directly reliant on how effectively that budget is utilized. Thus far in 2015, over 55% percent of hotel bookings are happening onl...

Unintended de-marketing manages visitor demand in Greater Blue Mountains World Heritage Area

OpenAIRE

Burgin, Shelley; Hardiman, Nigel

2014-01-01

Kotler and Levy (1971, p.76) introduced the term ‘de-marketing’, defined as ‘that aspect of marketing that deals with discouraging customers in general or a certain class of customers in particular on either a temporary or permanent basis’. Subsequently, Groff (1998) interpreted the concept in the context of parks and recreation administration. Recently, Armstrong and Kern (2011) used the concept to underpin their investigation of visitor demand management within the Greater Blue Mountains Wo...

Supply-demand controls the futures

International Nuclear Information System (INIS)

Brown, D.

1991-01-01

This paper briefly discusses the futures market of petroleum and explains how futures operate. The purpose of the paper is to demonstrate that oil futures markets does no determine energy prices - it merely reflects the prices recorded through trades made in an open marketplace. A futures contract is an agreement between a buyer and a seller at a price that seems fair to both. High demand from buyers can push prices up; low demand or a willingness to sell pushes prices down. As a result, supply and demand control the futures exchange and not vice-versa. The paper goes on to explain some basic principals of the futures market including the differences between hedging and speculating on prices and marketing strategy

Different approaches to supply adequacy in electricity markets

International Nuclear Information System (INIS)

Rosellon, J.

2006-01-01

There is a growing concern that liberalized electricity markets may not provide incentives for sufficient investment in generation capacity to meet future demand. This is problematic because electricity markets are characterized by short-term inelastic demand in which the long-term supply-demand balance cannot be achieved through a market-clearing price. Also, final consumers do not feel the need to engage in long-term contracts because they are usually isolated from spot prices by regulated tariffs. This paper presented some of the measures that have been proposed internationally to ensure a sufficient amount of generation capacity reserves. Measures such as strategic reserves, capacity payments, capacity requirements and call options were analyzed in terms of their degree of centralization or decentralization with regards to the amount of capacity and the price of capacity. Each one of these measures was analyzed in this paper to clarify their theoretical aspects as well as their international application and assessment. The analytical and practical strengths and weaknesses of each approach were discussed. Capacity payments and requirements alone were found to be inadequate both in theory and practice. It was suggested that capacity payments or requirements might work efficiently if combined with risk management approaches and hedging instruments that promote demand side participation. Regulatory intervention would then be focused on promoting rules that facilitate liquid markets for energy futures and risk management. 37 refs., 2 tabs., 3 figs

Different approaches to supply adequacy in electricity markets

Energy Technology Data Exchange (ETDEWEB)

Rosellon, J. [Centro de Investigacion y Dcencia Economicas, Mexico City (Mexico)

2006-10-01

There is a growing concern that liberalized electricity markets may not provide incentives for sufficient investment in generation capacity to meet future demand. This is problematic because electricity markets are characterized by short-term inelastic demand in which the long-term supply-demand balance cannot be achieved through a market-clearing price. Also, final consumers do not feel the need to engage in long-term contracts because they are usually isolated from spot prices by regulated tariffs. This paper presented some of the measures that have been proposed internationally to ensure a sufficient amount of generation capacity reserves. Measures such as strategic reserves, capacity payments, capacity requirements and call options were analyzed in terms of their degree of centralization or decentralization with regards to the amount of capacity and the price of capacity. Each one of these measures was analyzed in this paper to clarify their theoretical aspects as well as their international application and assessment. The analytical and practical strengths and weaknesses of each approach were discussed. Capacity payments and requirements alone were found to be inadequate both in theory and practice. It was suggested that capacity payments or requirements might work efficiently if combined with risk management approaches and hedging instruments that promote demand side participation. Regulatory intervention would then be focused on promoting rules that facilitate liquid markets for energy futures and risk management. 37 refs., 2 tabs., 3 figs.

Differences in decision-making criteria towards the return on marketing investment: A project business perspective

OpenAIRE

Smyth, H.; Lecoeuvre, L.

2015-01-01

Assessing the value of marketing to a business remains a thorny issue in theory and practice. Decision-making at the finance–marketing interface is under-researched, particularly for project businesses. Confronted by demands of accountability concerning the allocation of resources to meet competitive pressures, the paper examines the quality and extent of dialogue in investment decision-making. The return on investment (ROI) and marketing-specific investment (ROMI) are important factors at th...

Participation of the Nuclear Power Plants in the New Brazilian Electric Energy Market

International Nuclear Information System (INIS)

Mathias, S.G.

2004-01-01

A new regulation framework has been established for the Brazilian electric energy market by a law put into effect on March 15,2004. The main overall goals of this new regulation are: to allow the lowest possible tariffs for end users, while providing the necessary economic incentives for the operation of present installations (generating plants, transmission lines, distribution networks) and the expansion of the system; long-term planning of the extension of the installations required to meet the demand growth; separation of the generation, transmission and distribution activities by allocating them into different companies; new contracts between generating and distribution companies must result from bidding processes based on lowest-tariff criteria; and energy from new generating units required to meet the demand growth must be contracted by all distributing companies integrated to the National Interconnected Grid, in individual amounts proportional to their respective markets

Balancing natural gas policy : Fueling the demands of a growing economy

International Nuclear Information System (INIS)

Howard, R.

2003-01-01

In March 2002 a request was made to the National Petroleum Council by the United States Secretary of Energy to examine the potential implications of new supplies, technologies, perceptions of risk on natural gas demand, supplies, and delivery through 2025. In addition, the Secretary was looking for insight on energy market dynamics and an outlook on the longer-term sustainability of natural gas supplies. Ideas on ways to improve the productivity and efficiency of North American natural gas markets while ensuring adequate and reliable supplies of energy for consumers were also requested. Two options were examined by the National Petroleum Council (NPC). The reactive path involves public policies which remain in conflict, while the balanced future involves aligned public policies. It was discovered that 75 per cent of long-term American gas needs will be met by traditional North American producing areas which will be unable to meet projected demand. Production growth is desirable in the Rockies and deepwater Gulf of Mexico, as well as non conventional production. After careful examination, it was determined that demand flexibility and efficiency must be improved, along with an increase in supply diversity. Infrastructure must be enhanced and sustained, and efficient markets must be promoted. All these measures would result in higher economic growth, higher employment, and stronger industrial activity. figs

76 FR 76712 - Notice of Staff Attendance at Southwest Power Pool Markets and Operations Policy Committee Meeting

Science.gov (United States)

2011-12-08

.... Markets and Operations Policy Committee. Their attendance is part of the Commission's ongoing outreach... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Staff Attendance at Southwest Power Pool Markets and Operations Policy Committee Meeting The Federal Energy Regulatory Commission...

Auction game in electric power market place

International Nuclear Information System (INIS)

Kumar, J.; Sheble, G.

1996-01-01

The power industry in the US is presently an evolving changing business environment. While planning to meet future peak demand is still a concern, the efficient utilization of existing generation and transmission resources is fast becoming a primary interest. This interest suggests a move from cost-based market operations to price based market operations. Auction market structure is one of the various ways to perform price based operation. Such a market place would be very new and challenging to all players of the electric power industry. This paper describes an overview of the new business environment. The paper presents a detailed description of the auction game. The trading objectives in the bidding game are defined. The framework of auction process is described by defining the rules to play the game. Finally, strategies for market players are discussed

A VIEWPOINT ON ECONOMY STUDENTS' PERCEPTIONS REGARDING THE PROMOTION PROCESS OF TOURISM PRODUCTS USING ONLINE MARKETING

Directory of Open Access Journals (Sweden)

Silvia, MUHCINA

2014-11-01

Full Text Available Among the tools that are used in promotional activity in tourism, the online marketing opens the possibility to promptly create offers, meet buyers' demands, and strengthen customer relationships. The online marketers consider that the Internet is a modern technology that allows firms to connect business partners, to identify more rapidly the consumers' needs, to understand and answer on individual demand. The aim of this paper is to emphasize the importance of online marketing in the process of promotion and distribution of tourism products, starting from an empirical research conducted among economic sciences faculty students. The results of this work may provide a partial image of the young people's opinion about online marketing as a tool of marketing communication, and may be approached as a modest guide for tourism marketers in the process of creating, promoting and distributing tourism offers.

Harnessing the power of demand

Energy Technology Data Exchange (ETDEWEB)

Sheffrin, Anjali; Yoshimura, Henry; LaPlante, David; Neenan, Bernard

2008-03-15

Demand response can provide a series of economic services to the market and also provide ''insurance value'' under low-likelihood, but high-impact circumstances in which grid reliablity is enhanced. Here is how ISOs and RTOs are fostering demand response within wholesale electricity markets. (author)

New Product Development Based on Demand

OpenAIRE

Davis-Krook, Shelby

2015-01-01

The purpose of this thesis was to determine how to develop a new product based on demand within a target market for an international company. Specifically looking at developing a new product line in an already developed brand, Alpha Performance. The research I have conducted in the following topics may help Alpha Performance if they choose to use my findings to create a one of a kind woman’s clothing line based on the demands of the Finnish market: target market research, product demand rese...

Impact of a fatigue management in work programme on meeting work demands of individuals with rheumatic diseases: A pilot study.

Science.gov (United States)

McCormack, Róisín C; O'Shea, Finbar; Doran, Michele; Connolly, Deirdre

2018-03-25

Work disability and job loss are serious consequences of rheumatic diseases (RDs), and fatigue is a symptom of RDs commonly reported to have an impact on work performance. A FAtigue ManagEment in Work (FAME-W) programme was developed to facilitate the self-management of fatigue in work. The present pilot study explored if FAME-W could facilitate individuals with RDs to manage fatigue in work and improve their ability to meet work demands. Twenty-seven individuals with a variety of rheumatic diagnoses completed a 4-week, 2-h occupational therapy-led self-management programme. Each week focused on fatigue-related topics, including fatigue and activity management, pain management and joint protection, mental well-being, effective communication with employers and work colleagues, and employment legislation. Individual workplace ergonomic assessments were also offered. Study measures (work function, fatigue, pain, mood and self-efficacy) were completed prior to starting FAME-W, immediately post-intervention and 12 weeks post-intervention. Participants (56% male) had a mean age of 43 years. No significant improvements were observed immediately post-programme. However, at the 12-week follow-up, significant improvements were reported in meeting work demands (scheduling [p = 0.046], output [p = 0.002], physical [p = 0.003], mental [p = 0.016]), fatigue [p = 0.001], pain [p = 0.01], anxiety [p = 0.001], depression [p physical: p = 0.005; symptoms: p = 0.010; affect: p = 0.010; social: p = 0.001). Significant improvements were reported in participants' ability to meet various demands of their work 3 months post-FAME-W. These findings suggest that FAME-W has the potential to assist individuals with RDs to meet the demands of their work, although further research is required to test the effectiveness of this intervention. Copyright © 2018 John Wiley & Sons, Ltd.

Higher demand and production in 2004, but growth wavers in 2005 : markets for paper, paperboard and woodpulp, 2004-2005

Science.gov (United States)

Peter J. Ince; Eduard Akim; Bernard Lombard; Tomas Parik

2005-01-01

Global pulp, paper and paperboard markets improved in 2004 and 2005, as indicated by generally higher prices for most pulp, paper and paperboard products in comparison with 2003. While growth in demand was quite robust in 2004, by the end of the first half of 2005, markets appeared more hesitant and prices appeared to waver or reach a plateau. Within the UNECE region,...

Expected Rates of Renewable Energy Sources in Meeting of Energy Demands

Directory of Open Access Journals (Sweden)

Ferenc Kovács

2007-12-01

Full Text Available Taking the expected growth of the world’s population and the estimated technological development and increase in living standards into account, the paper forecasts energy demands. On the basis of the actual production data of 380-400 EJ.year-1 in 2000 and data in publications, the author assumes the total energy demand to be 750-800 EJ.year-1 for 2030, 600-1,000 EJ.year-1 for 2050 and 900-3,600 EJ.year-1 for 2100. The author analyses the appearance of the different energy types in the history of mankind giving the specific heat content and heating value of the different fuels. The environmental advantages, disadvantages, technical and economic limits of application involved in the use of primary renewable energy sources are also dealt with. The analysis of the data in the different prognoses in publications gives the result that fossil fuels will meet 84-85 % of the total energy demand until 2030 in the foreseeable future. In 2050, the fossil rate may be 50-70 % and the rate of renewables may amount to 20-40 %. In 2100, the maximum fossil rate may be 40-50 % with a 30-60 % maximum rate of renewables. On the basis of the results of investigation, the general conclusion may be that the realistically exploitable amount of renewable energy sources is not so unlimitedly high as many suppose. Therefore, it is an illusion to expect that the replacement or substitution of mineral fuels and nuclear energy can be solved relying solely on renewable energies.

Microeconomic principles in the health sector: The demand for health services in the Republic of Serbia

Directory of Open Access Journals (Sweden)

Stošić Sanja

2015-01-01

Full Text Available Health has become a dominant economic and political issue over the past years, where many nations experience rapid rises in health care spending. The main reason why the health care sector does not operate entirely in accordance with economic market principles is the fact that inequalities in health and access to health care are understood as the lack of humanity and justice. Health care demands might seem as quite inelastic, but because of the health insurance, it shows a certain degree of price, income, cross - price and time elasticity. The subject of this study was the demand for health services in the Republic of Serbia in order to assess the ability of the public sector to meet the demand for providing these services. The underlying assumption was that public health can not adequately meet the needs of citizens due to insufficient investment in the sector and inefficient allocation of resources. To confirm this assumption, basic characteristics of health care market and the factors affecting the supply and demand for health services were discussed. Based on the analysis of investment in the health sector, the existing capacity and organization of health services, our research has shown that the public health system in the Republic of Serbia is not able to adequately meet the demand for health services. In the current economic situation in the Republic of Serbia, which already spends a significant portion of its GDP on health, there is no realistic possibility of increased spending on public health care system, although it can be expected that there will be increasing demand for health services and increase of costs. The health sector is not, and does not have the ability to be a perfectly competitive market, and the questions of its financing, rational and efficient organization is extremely delicate. However, health care economists and experts in health economics should give a significantly higher contribution in organizing health sector

Green marketing, renewables, and free riders: increasing customer demand for a public good

Energy Technology Data Exchange (ETDEWEB)

Wiser, R.; Pickle, S.

1997-09-01

Retail electricity competition will allow customers to select their own power suppliers and some customers will make purchase decisions based, in part, on their concern for the environment. Green power marketing targets these customers under the assumption that they will pay a premium for ``green`` energy products such as renewable power generation. But renewable energy is not a traditional product because it supplies public goods; for example, a customer supporting renewable energy is unable to capture the environmental benefits that their investment provides to non-participating customers. As with all public goods, there is a risk that few customers will purchase ``green`` power and that many will instead ``free ride`` on others` participation. By free riding, an individual is able to enjoy the benefits of the public good while avoiding payment. This report reviews current green power marketing activities in the electric industry, introduces the extensive academic literature on public goods, free riders, and collective action problems, and explores in detail the implications of this literature for the green marketing of renewable energy. Specifically, the authors highlight the implications of the public goods literature for green power product design and marketing communications strategies. They emphasize four mechanisms that marketers can use to increase customer demand for renewable energy. Though the public goods literature can also contribute insights into the potential rationale for renewable energy policies, they leave most of these implications for future work (see Appendix A for a possible research agenda).

Market review - Market values summary/July market review/current market data

International Nuclear Information System (INIS)

Anon.

1995-01-01

This article is the July 1995 uranium market review. Data for current uranium market is presented, and a summary of recent transactions is also given. During this reporting period, there was one concentrate deal, two transactions in the long-term natural uranium market and conversion market, and three spot market transactions in the enrichment market. Active uranium supply fell, as did demand, and prices in all sectors were relatively stable

Medium-Term Gas Market Report 2013: Market Trends and Projections to 2018

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-06-01

Global growth in natural gas use slowed measurably in 2012, although it still exceeded that of oil and total energy use. Among the headwinds facing gas are continuing weak demand in Europe, resilience of coal in North America as well as persistent bottlenecks and disruptions in the LNG value chain that in 2012 caused an exceptional global decline of LNG supply. At the same time, Asian demand for gas remains red-hot, and gas is beginning to gain traction as a transport fuel. The IEA new Medium-Term Gas Market Report provides a detailed analysis of demand, upstream investment and trade developments through 2018 that will shape the gas industry and the role of gas in the global energy system. Its special sections investigate the economic viability of gas-fired power generation in Europe, the prospects for an LNG trading hub in Asia as well as the potentially transformational role of natural gas in transport. Amid a continuous regional divergence between North American abundance, European weakness and Asian thirst for LNG, the 2013 Medium Term Gas Market Report will investigate the key questions that the gas industry faces. These include the prospect of the United States becoming a major gas exporter, the challenges of securing enough gas to meet China’s growth, and the ability of Russian gas – spurred both by weak EU demand and resurgent domestic production – to find its manifest destiny in Asia.

Definitions and Basic Concepts of Supply and Demand Analysis Used to Determine Market Equilibrium. Principles of Economics II (Microeconomics), Lesson Plan No. 6.

Science.gov (United States)

Chiu-Irion, Vicky

Developed as part of a 37.5-hour microeconomics course, this lesson plan focuses on the concepts of supply and demand analysis used to determine market equilibrium. The objectives of the 50-minute lesson are to enable the student to: (1) explain how a demand schedule is derived from raw data; (2) graph a demand curve from the demand schedule; (3)…

Suppressed Demand and the Carbon Markets: Does development have to become dirty before it qualifies to become clean?

OpenAIRE

Gavaldão, Marina; Battye, William; Grapeloup, Mathieu; François, Yann

2012-01-01

Suppressed Demand refers to a situation where Minimum Services Levels (MSL) necessary for human development are unavailable to people or only available to an inadequate level. Numerous barriers, such as low income levels or lack of infrastructure and skills prevent access to MSLs, such as potable water, cooking energy, lighting and electrification. We investigate the concept of suppressed demand as it applies to Clean Development Mechanism (CDM) and market based incentives for GHG emission re...

A Spiral Step-by-Step Educational Method for Cultivating Competent Embedded System Engineers to Meet Industry Demands

Science.gov (United States)

Jing,Lei; Cheng, Zixue; Wang, Junbo; Zhou, Yinghui

2011-01-01

Embedded system technologies are undergoing dramatic change. Competent embedded system engineers are becoming a scarce resource in the industry. Given this, universities should revise their specialist education to meet industry demands. In this paper, a spirally tight-coupled step-by-step educational method, based on an analysis of industry…

BTU convergence spawning gas market opportunities in North America

International Nuclear Information System (INIS)

Anon.

1998-01-01

The so-called BTU convergence of US electric power and natural gas sectors is spawning a boom in market opportunities in the US Northeast that ensures the region will be North America's fastest growing gas market. That's the view of Catherine Good Abbott, CEO of Columbia Gas Transmission Corp., who told a Ziff Energy conference in Calgary that US Northeast gas demand is expected to increase to almost 10 bcfd in 2000 and more than 12 bcfd in 2010 from about 8 bcfd in 1995 and only 3 bcfd in 1985. The fastest growth will be in the US Northeast's electrical sector, where demand for gas is expected to double to 4 bcfd in 2010 from about 2 bcfd in 1995. In other presentations at the Ziff Energy conference, speakers voiced concerns about the complexity and speed of the BTU convergence phenomenon and offered assurances about the adequacy of gas supplies in North American to meet demand growth propelled by the BTU convergence boom. The paper discusses the gas demand being driven by power utilities, the BTU convergence outlook, electric power demand, Canadian production and supply, and the US overview

Electric power market liberalization and demand-side management (DSM); Denryoku shijo jiyuka to DSM

Energy Technology Data Exchange (ETDEWEB)

Yajima, M. [Central Research Institute of Electric Power Industry, Tokyo (Japan)

1997-01-30

This paper explains effects of market liberalization which will lead to introducing competition in electric power business on demand-side management (DSM), by quoting examples mainly in the United States. The paper also describes the future outlook thereon. The DSM program in the United States has expanded for the period between 1989 through 1994. However, during the last few years, the movements of electric power market liberalization have come to force electric power business entities to change their management strategies and reduction in expense. This situation has resulted in reduction in the DSM budget. Future DSM programs are thought to diversify into the following types: a program such as load management which has effect of reducing expenses and investments in investment time periods of 5 to 10 years, a program effective for users such as high-efficiency motors which have effects of reducing expenses and improving efficiency in investment time periods of 3 to 5 years, a program which will be effective enough if market barriers are removed after the market conversions, but requires subsidies and purchase guarantees, and a social program intended for environmental effects and low-income users. 4 refs., 1 tab.

The World Demand for Catfish Pangasius

DEFF Research Database (Denmark)

Nguyen, Thong Tien; Roth, Eva; Nielsen, Max

2014-01-01

flexibilities are less than 1. While there are many demand studies for other whitefish species and salmon, which are strongly competed by catfish in many markets, there is a lack of demand study for Pangasius catfish. Therefore, this study will supplement seafood demand literature and be meaningful for seafood......In this paper we present a world demand system for Pangasius catfish products. We use solely exporting data from Vietnam for estimating a non-linear Almost Ideal Demand System because Vietnam accounts for more than 90% catfish export value of the world and the products exported are mostly...... in filleted form. The demand system includes seven equations representing for most important markets that are ASEAN & EAST ASIA, NORTH AMERICA, OCEANIA, RUSIAN & EASTERN EU, SOUTH & CENTRAL AMERICA, WESTERN EU, and ROW (rest of the world) markets. The monthly data are updating from January 2007 to March 2014...

Market review: Market values summary/May market review/current market data

International Nuclear Information System (INIS)

Anon.

1996-01-01

This article is the May 1996 Uranium transactions summary. Data on Uranium supply and demand is included, as is data on conversion services and separative work units supply and demand. The spot market was active during this period, with 3.6 million pounds U3O8 changing hands in nine transactions. This brought a strengthing of prices. There were also five deals in the long-term market and three deals for natural UF6

U.S. natural gas pipeline flow and demand trends

International Nuclear Information System (INIS)

Carson, M.M.

1992-01-01

It is no surprise that regional natural gas supply and demand patterns in North America are constantly changing. A consensus of forecasters agree that the natural gas resource base is larger than envisaged in the early 1980s due to advances in exploration and production technology. In addition, on the demand side more gas will be burned by US power generators to meet growth in electricity. Gas consumption is up in the commercial sector, and natural gas is correctly seen as environmentally protective. But how much more natural gas does the US need? This paper reports that new pipeline projects are springing up all over the nation --- 43 to be exact, with most of them connecting gas deliverability out of basins west of the Mississippi to new markets along the Atlantic and Pacific coasts

Demand-Side Flexibility for Energy Transitions: Policy Recommendations for Developing Demand Response

OpenAIRE

Nursimulu, Anjali; Florin, Marie-Valentine; Vuille, François

2016-01-01

As a follow-up to IRGC's report on demand-side flexibility for energy transitions, this Policy Brief highlights that increasing flexibility in power systems is needed to accommodate higher shares of non-controllable and intermittent renewable generation, and that this requires changes to the market design and regulatory framework, to facilitate the development and deployment of appropriate technologies and market-based instruments (e.g. taxes and subsidies). The Policy Brief focuses on demand...

Improving Supply Chain in North -American Liner Board market through Demand Chain managment : Case of Metsä Board

OpenAIRE

Sakko, Auli

2014-01-01

The objective of this thesis research is to explore the US customer demand and seek better customer and market understanding, and consequently, facilitate implementing the optimal stock levels in the market. Additionally, this thesis investigates which improvements are necessary for utilizing the common stock supply model in the US, and how the maximal availability is achieved for the US customers. The research method in this thesis is qualitative. The theoretical framework was created th...

Market review - Market values summary/August market review/current market data

International Nuclear Information System (INIS)

Anon.

1995-01-01

This article is the August 1995 uranium market review. During this reporting period, there were three transactions in the long-term concentrates sector, no transactions in the UF6 market, and limited activity in the spot conversion market and the enrichment services market. Active supply rose, as did active demand. Prices were stable to slightly increasing

Flexible demand in the GB domestic electricity sector in 2030

International Nuclear Information System (INIS)

Drysdale, Brian; Wu, Jianzhong; Jenkins, Nick

2015-01-01

Highlights: • Annual domestic demand by category and daily flexible load profiles are shown to 2030. • Valuable flexible demand requires loads to be identifiable, accessible, and useful. • The extent of flexible demand varies significantly on a diurnal and seasonal basis. • Barriers to accessing domestic demand include multiple low value loads and apathy. • Existing market structure a barrier to fully rewarding individual load flexibility. - Abstract: In order to meet greenhouse gas emissions targets the Great Britain (GB) future electricity supply will include a higher fraction of non-dispatchable generation, increasing opportunities for demand side management to maintain a supply/demand balance. This paper examines the extent of flexible domestic demand (FDD) in GB, its usefulness in system balancing and appropriate incentives to encourage consumers to participate. FDD, classified as electric space and water heating (ESWH), and cold and wet appliances, amounts to 59 TW h in 2012 (113 TW h total domestic demand) and is calculated to increase to 67 TW h in 2030. Summer and winter daily load profiles for flexible loads show significant seasonal and diurnal variations in the total flexible load and between load categories. Low levels of reflective consumer engagement with electricity consumption and a resistance to automation present barriers to effective access to FDD. A value of £1.97/household/year has been calculated for cold appliance loads used for frequency response in 2030, using 2013 market rates. The introduction of smart meters in GB by 2020 will allow access to FDD for system balancing. The low commercial value of individual domestic loads increases the attractiveness of non-financial incentives to fully exploit FDD. It was shown that appliance loads have different characteristics which can contribute to an efficient power system in different ways

Congruence between National Policy for Science and Humanities Enrolment Ratio and Labour Market Demand in Ghana

Science.gov (United States)

Alabi, Goski; Alabi, Joshua; Mohammed, Ibrahim

2013-01-01

The paper undertook a snapshot of the demand for various academic programmes on the labour market and compared this with national policy norms for enrolment in public universities in Ghana. The objective was to ascertain whether national higher education enrolments are responsive to the national policy target of 60:40 (Sciences : Humanities) or…

Commercial-industrial marketing professionals for gas markets

International Nuclear Information System (INIS)

Vavrik, W.E.

1991-01-01

Today's changing business world exposes two sales/marketing systems. One is indirectly removed from contact with the customers, but still meets their needs. Whereas the sales/marketing system that exercises the skills of Commercial/Industrial Marketing Professionals has direct customer contact that not only meets the customer's needs, but also satisfies them

The orientation to the marketing like road to strengthen the commercial administration of the cooperative company

Directory of Open Access Journals (Sweden)

Liana Padrón Carmona

2015-12-01

Full Text Available Cooperatives are one of the forms of business organization in response to its operating principles can become involved in local development. However in order to realize this aspiration is required to adapt to market demands to boost its productive supply of goods and services without losing its essence. It is in this context that the marketing orientation is offered as a way to promote the downsizing of the business of cooperative enterprises, thus contributing to meet the demands of its customers and achieve sustained profitability. With the development of this work is meant to briefly highlight the advantages of adopting marketing approach in business management of cooperatives as guarantor of achieving economic and social objectives.

Modeling and prioritizing demand response programs in power markets

International Nuclear Information System (INIS)

Aalami, H.A.; Moghaddam, M. Parsa; Yousefi, G.R.

2010-01-01

One of the responsibilities of power market regulator is setting rules for selecting and prioritizing demand response (DR) programs. There are many different alternatives of DR programs for improving load profile characteristics and achieving customers' satisfaction. Regulator should find the optimal solution which reflects the perspectives of each DR stakeholder. Multi Attribute Decision Making (MADM) is a proper method for handling such optimization problems. In this paper, an extended responsive load economic model is developed. The model is based on price elasticity and customer benefit function. Prioritizing of DR programs can be realized by means of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method. Considerations of ISO/utility/customer regarding the weighting of attributes are encountered by entropy method. An Analytical Hierarchy Process (AHP) is used for selecting the most effective DR program. Numerical studies are conducted on the load curve of the Iranian power grid in 2007. (author)

International Energy Market

International Nuclear Information System (INIS)

Doringoni, S.; Pontoni, F.

2008-01-01

The paper analyzes recent market trends in the oil and natural gas sector. For the latter, a focus on the European gas market is then presented, whose consumption has grown considerably in these last ten years. As for the oil sector this paper investigates the key elements that have shaped its market in these years. As for oil consumption, we show that in these last 15 years China, India and the Middle East are the main responsible for the increase in World consumption. On the other hand, European OECD Countries have consistently reduced (almost 9%) their oil demand. This is due both to the dematerialization of their economy and their significant improvements in energy efficiency. As for energy intensity, in fact, Europe by far is the most efficient region in the World. On the other hand, OPEC has drastically raised its share of total production: at present the cartel accounts for more than 40% of overall production. OPEC members were the only producers to meet World's needs as oil demand expanded. The difficulties of other producers to keep up with the demand originated in the nineties, when no investment in new production capacity was brought about due to low oil prices. In the end of 2008, anyway, recession has eased the situation: for the first time in fifteen years, demand has not grown, compared to 2007 consumption. Recession has also shrunk prices, which, as soon as the demand started decreasing, have collapsed by almost 70%. As for the gas sector, the paper focuses on the European market where, after ten years from the beginning of the liberalization process, competition is still missing. In particular, the paper discusses whether LNG can bring about the competition so desperately needed. Unlike investments in pipelines, those in the LNG chain present a much lower degree of specificity, since the importer is not physically tied with the producer; moreover, it is getting increasingly common that part of the plant capacity is made available for spot

Gas/electric convergence: the role of marketers

Energy Technology Data Exchange (ETDEWEB)

Merritt, M. [Westcoast Gas Services, Vancouver, BC (Canada)

1997-04-01

The role of marketers in the convergence of the gas and electric power industry was discussed. Marketers are a byproduct of deregulation. They create competition, increase industry efficiency and lower customer and regulatory costs. To stay in business, marketers must provide customers with what they want. To achieve this, electricity, which is now fully bundled (capacity, generation, energy, transmission, VAR`s, and reliability) must be unbundled. This means that the marketer must strip down the bundle and repackage the components into bundles that meet the customers` needs. The nature of convergence (retailing efficiencies of scale, leveraged growth, price correlation, risk management, arbitrage opportunities) and the forces driving it (the emergence of natural gas as the fuel of choice, marketer`s requirements to manage risk, the influence of arbitrage, consumer-driven price, and the demand for choice) were reviewed. Two practical illustrations, one from Alberta and one from the California/Oregon border area of how gas/electric convergence works in the real world, were described. 4 figs.

Investing in Eco-power - A model for Switzerland - Meeting demands

International Nuclear Information System (INIS)

Ley, Ch.

2005-01-01

These three short articles review the activities of the 'Services Industriels de Geneve' (SIG), Geneva's energy supply utility, in the area of supplying ecologically-produced electricity. The first article deals with the utility's success in motivating 96% of Geneva's citizens and companies to opt for power from renewable resources. 6% of SIG's customers have ordered certified eco-power. The second article looks at Geneva's pioneer role in allowing its customers to choose between various types of power generation and the city's role as a provider of nuclear-free power. Figures are presented on the pricing of the various types of power. About 30% of sales comprise the 'Naturemade Star' eco-power. The third article discusses how the SIG has to ensure that enough certified power is produced or purchased in order to meet customers' demands. Examples of production facilities are given including hydro-power installations and a 1 MW photovoltaic installation

MODELING OF THE PROCESS OF FORMATION OF INDIVIDUAL MARKETING DEMAND: A COMPARATIVE ANALYSIS AND GENERALIZATION OF THE PRECEDING CORRESPONDING RESULTS

Directory of Open Access Journals (Sweden)

Anatoly V. Korotkov

2015-01-01

Full Text Available The article focuses on the modeling of series-STI formation of individual market demand. The analysis, and then sum-of three well-known inmarketing models, which exhaust the currentlyknown approaches is revised. The article shows that all three models have a signifi cant difference in the number of stages and terminology. The obtained results are the basis for the developmentof the author’s model of gradual development of demand - «need - desire - requirement -demand» or abbreviated as «model NDRD» and can be considered as a contribution to the methodology of study a demand.

Nuclear energy in the increasingly deregulated brazilian energy market

International Nuclear Information System (INIS)

Mathias, Sergio G

2003-01-01

The Brazilian Electric Energy Market is presently undergoing an institutional transition from a strictly regulated to a commercially competitive market, due to be completed by January, 2006. The operation and maintenance costs of the two presently existing Brazilian nuclear power plants allow them to be economically competitive with other types of plants for meeting the load demand in the country. The commercialization of the energy produced by the two existing nuclear power plants must cope with the impact of the new market rules, which establish that power purchase contracts must be freely negotiated between generating and distributing companies. The projected costs for the construction and operation of a third NPP also indicate that it may be economically feasible under the new market rules (author)

7 CFR 984.22 - Trade demand.

Science.gov (United States)

2010-01-01

... 7 Agriculture 8 2010-01-01 2010-01-01 false Trade demand. 984.22 Section 984.22 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL MARKETING SERVICE (Marketing Agreements... Regulating Handling Definitions § 984.22 Trade demand. (a) Inshell. The quantity of merchantable inshell...

Matching food service products to consumer demands through product development alliances and modularisation

OpenAIRE

Olsen, Johanne Rønnow; Friis, Alan; Christensen, Torben Bo Toft; Harmsen, Hanne

2009-01-01

An increasing number of meals are being consumed outside the home, and a new, interesting market for food producers are therefore emerging. However, meeting consumers’ demands, among others for quality, can represent a challenge, especially because producers are typically not involved in the composition of meal solutions and, therefore cannot control all processing steps and interactions with other meal components. In this project, it is proposed that cooperation between food producers on pro...

A Survey on the Usage and Demand of Medical Radioisotope and Radiopharmaceuticals in Malaysia

International Nuclear Information System (INIS)

Muhammad Fakhrurazi Ahmad Fadzil; Siti Selina Abdul Hamid; Siti Najila Mohd Janib; Azahari Kasbollah; Syed Asraf Fahlawi Wafa

2015-01-01

Medical radioisotope is a small quantity of radioactive substance used in safe, cost effective, for the purpose of diagnostic and therapy of various diseases. In Malaysia, the emerging of new nuclear medicine centers or institutions in both government and private sectors rose abruptly for the past few years. Currently, there are no data available on the usage and demand of medical radioisotope or radiopharmaceuticals. Understanding the usage trending and demand of radiopharmaceuticals and medical radioisotope is essential when related to technology changes in order to meet the market size of these radiopharmaceuticals. Survey result found out that the highest demand and the highest usage among all radioisotopes are Technetium-99m and Radioiodine isotopes such as the Iodine-1331, Iodine131 MIBG, Iodine-123 and Iodine-123 MIBG. Currently, most of the medical isotopes and radiopharmaceuticals are currently imported. Technetium-99m is the backbone of nuclear medicine whereby more than 80 % of Nuclear Medicine services utilize this radioisotope. Technetium-99m supply chain is unstable globally and in coming future, two main reactors (Canada and Holland) that produces 60 % of world Molybdenum-99 will shut down the operation and supply of Molybdenum-99 will be disrupted. As for radioiodine services, currently, Iodine-123 can't be obtained in Malaysia and neighboring countries due to its short half-life, Iodine-123 is useful in diagnostic of thyroid related diseases. As for PET services, the highest demands are F-18 FDG and Gallium-68 Generator for the moment. However the survey data still did not include most of the PET centers in the Klang Valley, northern area (Penang) and the new upcoming PET center in Southern Region (Malacca and Johor). It is important for Malaysia to self-produced medical radioisotope and radiopharmaceuticals to meet the market and local demand of these medical isotopes. (author)

Bacillus Calmette-Guérin (BCG) vaccine: A global assessment of demand and supply balance.

Science.gov (United States)

Cernuschi, Tania; Malvolti, Stefano; Nickels, Emily; Friede, Martin

2018-01-25

Over the past decade, several countries across all regions, income groups and procurement methods have been unable to secure sufficient BCG vaccine supply. While the frequency of stock-outs has remained rather stable, duration increased in 2014-2015 due to manufacturing issues and attracted the attention of national, regional and global immunization stakeholders. This prompted an in-depth analysis of supply and demand dynamics aiming to characterize supply risks. This analysis is unique as it provides a global picture, where previous analyses have focused on a portion of the market procuring through UN entities. Through literature review, supplier interviews, appraisal of shortages, stock-outs and historical procurement data, and through demand forecasting, this analysis shows an important increase in global capacity in 2017: supply is sufficient to meet forecasted BCG vaccine demand and possibly buffer market shocks. Nevertheless, risks remain mainly due to supply concentration and limited investment in production process improvements, as well as inflexibility in demand. Identification of these market risks will allow implementation of risk-mitigating interventions in three areas: (1) enhancing information sharing between major global health actors, countries and suppliers, (2) identifying interests and incentives to expand product registration and investment in the BCG manufacturing process, and (3) working with countries for tighter vaccine management. Copyright © 2017. Published by Elsevier Ltd.

Market modeling for assessment of demand side programs using the marginal cost

International Nuclear Information System (INIS)

Papastamatiou, Panagiotis; Psarras, John

2000-01-01

Demand side management is nowadays considered as a functional step in the energy planning process. The criteria proposed for the assessment of the demand side programs (DSPs) are usually based on the balance between the marginal supply cost and the mean DSP cost. These criteria could not support the allotting of the invested capital to incentives for the consumers and advertising. This paper presents a methodology to support the utility planning at this point with more reliability. It proposes the expansion of the assessment criteria with the use of the marginal cost of the DSP. For the calculation of the DSP marginal cost, a dynamic model is developed and it is used for the simulation of the penetration of a DS Program. Using the 'least-cost' criterion as the decision rule for the simulation, the planner has a distribution of the available investment capital throughout the whole planning period. The use of the 'most-value' criterion supports the separation of the invested capital between incentives for the consumers and supportive expenses, e.g. advertising, marketing cost, etc. (Author)

Identifying Potential Markets for Behind-the-Meter Battery Energy Storage: A Survey of U.S. Demand Charges

Energy Technology Data Exchange (ETDEWEB)

McLaren, Joyce A [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Gagnon, Pieter J [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Mullendore, Seth [Clean Energy Group, Montpelier, Vermont

2017-08-07

This paper presents the first publicly available comprehensive survey of the magnitude of demand charges for commercial customers across the United States -- a key predictor of the financial performance of behind-the-meter battery storage systems. Notably, the analysis estimates that there are nearly 5 million commercial customers in the United States who can subscribe to retail electricity tariffs that have demand charges in excess of $15 per kilowatt (kW), over a quarter of the 18 million commercial customers in total in the United States. While the economic viability of installing battery energy storage must be determined on a case-by-case basis, high demand charges are often cited as a critical factor in battery project economics. Increasing use of demand charges in utility tariffs and anticipated future declines in storage costs will only serve to unlock additional markets and strengthen existing ones.

Energy market integration in South America

International Nuclear Information System (INIS)

Hammons, T.J.; Franco, N. de; Sbertoli, L.V.; Khelil, C.; Rudnick, H.; Clerici, A.; Longhi, A.

1997-01-01

This article is a summary of presentations made during the 1997 Winter Meeting panel session on Power and Natural Gas in Latin America: Towards an Integrated Market. Reregulation and demand for energy resources to support economic growth are driving international natural gas and electricity exchange initiatives. Panelists focused on the gas and electric power industry in Latin America in terms of the: transport of gas or transmission of electricity; energy market integration in the southern cone of South America; and issues on gas use for electricity generation in South America countries. Countries such as Argentina, Bolivia, and Peru will export natural gas to Brazil, Uruguay, Paraguay and Chile, an the energy matrices of these countries will change

Mexico's long-term energy outlook : results of a detailed energy supply and demand simulation

International Nuclear Information System (INIS)

Conzelmann, G.; Quintanilla, J.; Conde, L.A.; Fernandez, J.; Mar, E.; Martin del Campo, C.; Serrato, G.; Ortega, R.

2006-01-01

This article discussed the results of a bottom-up analysis of Mexico's energy markets which was conducted using an energy and power evaluation program. The program was used to develop energy market forecasts to the year 2025. In the first phase of the study, dynamic optimization software was used to determine the optimal, least-cost generation system expansion path to meet growing demand for electricity. A separate model was used to determine the optimal generating strategy of mixed hydro-thermal electric power systems. In phase 2, a nonlinear market-based approach was used to determine the energy supply and demand balance for the entire energy system, as well as the response of various segments of the energy system to changes in energy price and demand levels. Basic input parameters included information on the energy system structure; base-year energy statistics; and, technical and policy constraints. A total of 14 scenarios were modelled to examine variations in load growth, sensitivities to changes in projected fuel prices, variations in assumed natural gas availability, system reliability targets, and the potential for additional nuclear capacity. Forecasts for the entire energy system were then developed for 4 scenarios: (1) reference case; (2) limited gas scenario; (3) renewable energy; and (4) additional nuclear power generation capacity. Results of the study showed that Mexico's crude oil production is projected to increase annually by 1 per cent to 2025. Imports of petroleum products resulting from the country's rapidly growing transportation sector will increase. Demand for natural gas is expected to outpace projected domestic production. The long-term market outlook for Mexico's electricity industry shows a heavy reliance on natural gas-based generating technologies. It was concluded that alternative results for a constrained-gas scenario showed a substantial shift to coal-based generation and associated effects on the natural gas market. 4 refs., 26

CUSTOMIZED PRODUCTS: THE INTEGRATING RELATIONSHIP MARKETING, AGILE MANUFACTURING AND SUPPLY CHAIN MANAGEMENT FOR MASS CUSTOMIZATION

OpenAIRE

Süleyman BARUTCU

2007-01-01

A customized product is a special product designed and manufactured for individual customers to meet their individual needs. Managers need to understand why customers demand and how companies supply customized products. The importance of this study is to highlight business, marketing and manufacturing strategies so as to supply customized products efficiently. It is expected from a manufacturer to successfully adopt relationship marketing, mass customization, agile manufacturing and supply ch...

Economic potential of demand response at household level—Are Central-European market conditions sufficient?

International Nuclear Information System (INIS)

Prüggler, Natalie

2013-01-01

The aim of this paper is to show the economic potential of demand response (DR) on household level at Central European market conditions. Thereby, required economic benefits for consumers' participation, the realistic load shifting potential at household level and the estimation of essential intelligent infrastructure costs are discussed. The core of this paper builds a case-study applying spot market-oriented load shifting from the supplier's point of view by using Austrian electricity market data, household load profiles as well as a heat pump and e-car charging load profile. It is demonstrated which cost savings for suppliers can be derived from such load shifting procedure at household level. Furthermore, upper cost limits for intelligent infrastructure in order to break-even are derived. Results suggest to take a critical look at European discussions on DR implementation on household level, showing that at Central European market conditions the potential for DR at household level is restricted to significant loads and hence, the applied load shifting strategy is only beneficial with application to heat pumps. In contrast, the frequently discussed shifting of conventional household devices' loads (such as washing machines) economically does not add up. - Highlights: • Calculation of economic potential of domestic DR at Central European market conditions. • Model and case-study of spot market-oriented load shifting from supplier's perspective. • Derivation of supplier's cost savings and upper cost limits for ICT infrastructure. • Results show economic potential of domestic DR to be restricted to significant loads. • Shifting of washing machines economically does not pay off in contrast to heat pumps

Extending the bidding format to promote demand response

International Nuclear Information System (INIS)

Liu, Yanchao; Holzer, Jesse T.; Ferris, Michael C.

2015-01-01

We propose an extended bidding structure to allow more realistic demand characteristics and behaviors to be expressed via flexible bids. In today's ISO-run energy markets, demand bid formats are all separable over time. However, a significant and growing segment of demand can be shifted across time and therefore has no way to bid its true valuation of consumption. We propose additional bid types that allow deferrable, adjustable and storage-type loads to better express their value, and thus elicit demand response in the most natural way – via direct participation in the market. We show that the additional bid types are easily incorporated into the existing market with no technological barrier and that they preserve the market's efficiency and incentive-compatibility properties. Using real market data, we give a numerical demonstration that the extended bid format could substantially increase social welfare, and also present additional insight on storage expansion scenarios. - Highlights: • Three new bid types are proposed to enrich demand-side participation. • Time value of electricity demand can be clearly conveyed to central dispatcher. • The extended format preserves market efficiency and incentive compatibility. • Energy storage is most effective to neutralize price volatility, with a limitation.

Meeting multiple demands: Water transaction opportunities for environmental benefits promoting adaptation to climate change

Science.gov (United States)

McCoy, Amy

2015-04-01

In arid regions, the challenge of balancing water use among a diversity of sectors expands in lock step with conditions of water stress that are exacerbated by climate variability, prolonged drought, and growing water-use demands. The elusiveness of achieving a sustainable balance under conditions of environmental change in the southwestern United States is evidenced by reductions in both overall water availability and freshwater ecosystem health, as well as by recent projections of shortages on the Colorado River within the next five years. The water sustainability challenge in this region, as well as drylands throughout the world, can therefore be viewed through the lens of water stress, a condition wherein demands on land and water -- including the needs of freshwater ecosystems -- exceed reliable supplies, and the full range of water needs cannot be met without tradeoffs across multiple uses. Water stress influences not only ecosystems, but a region's economy, land management, quality of life, and cultural heritage -- each of which requires water to thrive. With respect to promoting successful adaptation to climate change, achieving full water sustainability would allow for water to be successfully divided among water users -- including municipalities, agriculture, and freshwater ecosystems -- at a level that meets the goals of water users and the governing body. Over the last ten to fifteen years, the use of transactional approaches in the western U.S., Mexico, and Australia has proven to be a viable management tool for achieving stream flow and shallow aquifer restoration. By broad definition, environmental water transactions are an equitable and adaptable tool that brings diverse stakeholders to the table to facilitate a fair-market exchange of rights to use water in a manner that benefits both water users and the environment. This talk will present a basic framework of necessary stakeholder engagement, hydrologic conditions, enabling laws and policies

A bilevel model for electricity retailers' participation in a demand response market environment

International Nuclear Information System (INIS)

Zugno, Marco; Morales, Juan Miguel; Pinson, Pierre; Madsen, Henrik

2013-01-01

Demand response programmes are seen as one of the contributing solutions to the challenges posed to power systems by the large-scale integration of renewable power sources, mostly due to their intermittent and stochastic nature. Among demand response programmes, real-time pricing schemes for small consumers are believed to have significant potential for peak-shaving and load-shifting, thus relieving the power system while reducing costs and risk for energy retailers. This paper proposes a game theoretical model accounting for the Stackelberg relationship between retailers (leaders) and consumers (followers) in a dynamic price environment. Both players in the game solve an economic optimisation problem subject to stochasticity in prices, weather-related variables and must-serve load. The model allows the determination of the dynamic price-signal delivering maximum retailer profit, and the optimal load pattern for consumers under this pricing. The bilevel programme is reformulated as a single-level MILP, which can be solved using commercial off-the-shelf optimisation software. In an illustrative example, we simulate and compare the dynamic pricing scheme with fixed and time-of-use pricing. We find that the dynamic pricing scheme is the most effective in achieving load-shifting, thus reducing retailer costs for energy procurement and regulation in the wholesale market. Additionally, the redistribution of the saved costs between retailers and consumers is investigated, showing that real-time pricing is less convenient than fixed and time-of-use price for consumers. This implies that careful design of the retail market is needed. Finally, we carry out a sensitivity analysis to analyse the effect of different levels of consumer flexibility. - Highlights: ► We model the game between electricity retailers and consumers under dynamic pricing. ► The retailer cuts procurement costs by shifting demand in time via price-incentive. ► Imbalance costs for the retailer taper

Causality in demand

DEFF Research Database (Denmark)

Nielsen, Max; Jensen, Frank; Setälä, Jari

2011-01-01

to fish demand. On the German market for farmed trout and substitutes, it is found that supply sources, i.e. aquaculture and fishery, are not the only determinant of causality. Storing, tightness of management and aggregation level of integrated markets might also be important. The methodological...

Carbon auctions, energy markets and market power: An experimental analysis

International Nuclear Information System (INIS)

Dormady, Noah C.

2014-01-01

This paper provides an experimental analysis of a simultaneous energy-emissions market under conditions of market power. The experimental design employs real-world institutional features; including stochastic demand, permit banking, inter-temporal (multi-round) dynamics, a tightening cap, and resale. The results suggest that dominant firms can utilize energy-emissions market linkages to simultaneously inflate the price of energy and suppress the price of emissions allowances. Whereas under prior market designs, regulators were concerned with dominant firms exercising their market power over the emissions market to exclude rivals and manipulate the permit market by hoarding permits; the results of this paper suggest that this strategy is less profitable to dominant firms in contemporary auction-based markets than strategic capacity withholding in the energy market and associated demand reduction in the emissions market. - Highlights: • Laboratory simulation of joint energy-emissions market. • Evaluates market power under collusion and real-world institutional features. • Dominant firms can exercise market power to inflate energy prices. • Dominant firms can exercise market power to suppress emissions prices. • Supply withholding is an implicit demand reduction in the emissions market

Integration of Methodologies for the Evaluation of Offer Curves in Energy and Capacity Markets through Energy Efficiency and Demand Response

Directory of Open Access Journals (Sweden)

Antonio Gabaldón

2018-02-01

Full Text Available The objectives of improving the efficiency, and integration, of renewable sources by 2030–2050 are complex in practice and should be linked to an increase of demand-side flexibility. The main challenges to achieving this flexibility are the lack of incentives and an adequate framework. For instance, customers’ revenue is usually low, the volatility of prices is high and there is not any practical feedback to customers from smart meters. The possibility of increasing customer revenue could reduce the uncertainty with respect to economic concerns, improving investments in efficiency, enabling technology and thus, engaging more customers in these policies. This objective could be achieved by the participation of customers in several markets. Moreover, Demand Response and Energy Efficiency can share ICT technologies but this participation needs to perform an aggregation of demand. The idea of this paper is to present some methodologies for facilitating the definition and evaluation of energy versus cost curves; and subsequently to estimate potential revenues due to Demand Response. This can be accomplished by models that estimate: demand and energy aggregation; economic opportunities and benefits; impacts on customer convenience; customer feedback and price analysis. By doing so, we would have comprehensive information that can help customers and aggregators to define energy packages and their monetary value with the objective of fostering their market participation.

China's refiners face massive overhaul, expansion to meet demand growth, new crude slate

International Nuclear Information System (INIS)

Anon.

1994-01-01

China's refining industry has embarked on a massive overhaul and expansion to accommodate soaring domestic growth in refined products demand. Currently that growth in demand is being met by increasing imports of refined products, in recent years attaining triple digit growth rates and squeezing direly needed foreign exchange. The focus is on adding refining capacity of about 1.4 million b/d to the current capacity of about 3.2 million b/d by 2000. Priority for increasing capacity is being given to expanding existing refineries and participating in foreign joint venture grassroots refineries along China's booming coastal regions as well as hiking output. A major challenge for China's refineries is that country's reentry into the General Agreement on Tariffs and Trade (GATT), recently signed in Morocco by more than 100 nations. The accompanying reduction of tariffs on imported refined products will make it more difficult for China's marginal refineries to compete in the domestic market. The paper discusses imports and exports, LPG outlook, refining capacity, revamps needed, third party processing, China's first joint venture refinery, industry plans, and GATT challenges

Transformative optimisation of agricultural land use to meet future food demands

Directory of Open Access Journals (Sweden)

Lian Pin Koh

2013-10-01

Full Text Available The human population is expected to reach ∼9 billion by 2050. The ensuing demands for water, food and energy would intensify land-use conflicts and exacerbate environmental impacts. Therefore we urgently need to reconcile our growing consumptive needs with environmental protection. Here, we explore the potential of a land-use optimisation strategy to increase global agricultural production on two major groups of crops: cereals and oilseeds. We implemented a spatially-explicit computer simulation model across 173 countries based on the following algorithm: on any cropland, always produce the most productive crop given all other crops currently being produced locally and the site-specific biophysical, economic and technological constraints to production. Globally, this strategy resulted in net increases in annual production of cereal and oilseed crops from 1.9 billion to 2.9 billion tons (46%, and from 427 million to 481 million tons (13%, respectively, without any change in total land area harvested for cereals or oilseeds. This thought experiment demonstrates that, in theory, more optimal use of existing farmlands could help meet future crop demands. In practice there might be cultural, social and institutional barriers that limit the full realisation of this theoretical potential. Nevertheless, these constraints have to be weighed against the consequences of not producing enough food, particularly in regions already facing food shortages.

Service marketing

Directory of Open Access Journals (Sweden)

Babić-Hodović Vesna

2002-01-01

Full Text Available Development of postindustrial society and services revolution created numerous changes in size of consumer demand, consumer reaction and priorities. Continuous change on the side of demand and offer must follow changes in marketing orientation. Leader in that change is services marketing which by knowing services range and all the changes builds a new concept called Relationship Marketing.

High Demand, Core Geosciences, and Meeting the Challenges through Online Approaches

Science.gov (United States)

Keane, Christopher; Leahy, P. Patrick; Houlton, Heather; Wilson, Carolyn

2014-05-01

As the geosciences has evolved over the last several decades, so too has undergraduate geoscience education, both from a standpoint of curriculum and educational experience. In the United States, we have been experiencing very strong growth in enrollments in geoscience, as well as employment demand for the last 7 years. That growth has been largely fueled by all aspects of the energy boom in the US, both from the energy production side and the environmental management side. Interestingly the portfolio of experiences and knowledge required are strongly congruent as evidenced from results of the American Geosciences Institute's National Geoscience Exit Survey. Likewise, the demand for new geoscientists in the US is outstripping even the nearly unprecedented growth in enrollments and degrees, which is calling into question the geosciences' inability to effectively reach into the largest growing segments of the U.S. College population - underrepresented minorities. We will also examine the results of the AGI Survey on Geoscience Online Learning and examine how the results of that survey are rectified with Peter Smith's "Middle Third" theory on "wasted talent" because of spatial, economic, and social dislocation. In particular, the geosciences are late to the online learning game in the United States and most faculty engaged in such activities are "lone wolves" in their department operating with little knowledge of the support structures that exist in such development. Yet the most cited barriers for faculty not engaging actively in online learning is the assertion that laboratory and field experiences will be lost and thus fight engaging in this medium. However, the survey shows that faculty are discovering novel approaches to address these issues, many of which have great application to enabling geoscience programs in the United States to meet the expanding demand for geoscience degrees.

Using forward markets to improve electricity market design

International Nuclear Information System (INIS)

Ausubel, Lawrence M.; Cramton, Peter

2010-01-01

Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the medium term, a forward energy market lets suppliers and demanders lock in energy prices and quantities for one to three years. In the long term, a forward reliability market assures adequate resources are available when they are needed most. The forward markets reduce risk for both sides of the market, since they reduce the quantity of energy that trades at the more volatile spot price. Spot market power is mitigated by putting suppliers and demanders in a more balanced position at the time of the spot market. The markets also reduce transaction costs and improve liquidity and transparency. Recent innovations to the Colombia market illustrate the basic elements of the forward markets and their beneficial role. (author)

Using forward markets to improve electricity market design

Energy Technology Data Exchange (ETDEWEB)

Ausubel, Lawrence M.; Cramton, Peter [University of Maryland, College Park, MD 20742 (United States)

2010-12-15

Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the medium term, a forward energy market lets suppliers and demanders lock in energy prices and quantities for one to three years. In the long term, a forward reliability market assures adequate resources are available when they are needed most. The forward markets reduce risk for both sides of the market, since they reduce the quantity of energy that trades at the more volatile spot price. Spot market power is mitigated by putting suppliers and demanders in a more balanced position at the time of the spot market. The markets also reduce transaction costs and improve liquidity and transparency. Recent innovations to the Colombia market illustrate the basic elements of the forward markets and their beneficial role. (author)

Meeting the food, energy, and water demands of nine billion people: Will climate change add a new dimension?

Science.gov (United States)

Climate change will add a new stress to our ability to produce food and supply water and energy for the expanding population. There is an emerging gap between the current production trends in food commodities around the world and the projected needs to meet the demands for the world population. This...

Forward and Spot Prices in Multi-Settlement Wholesale Electricity Markets

Science.gov (United States)

Larrieu, Jeremy

In organized wholesale electricity markets, power is sold competitively in a multi-unit multi-settlement single-price auction comprised of a forward and a spot market. This dissertation attempts to understand the structure of the forward premium in these markets, and to identify the factors that may lead forward and spot prices to converge or diverge. These markets are unique in that the forward demand is price-sensitive, while spot residual demand is perfectly inelastic and must be met in full, a crucial design feature the literature often glosses over. An important contribution of this dissertation is the explicit modeling of each market separately in order to understand how generation and load choose to act in each one, and the consequences of these actions on equilibrium prices and quantities given that firms maximize joint profits over both markets. In the first essay, I construct a two-settlement model of electricity prices in which firms that own asymmetric capacity-constrained units facing convex costs compete to meet demand from consumers, first in quantities, then in prices. I show that the forward premium depends on the costliness of spot production relative to firms' ability to exercise market power by setting quantities in the forward market. In the second essay, I test the model from the first essay with unit-level capacity and marginal cost data from the California Independent System Operator (CAISO). I show that the model closely replicates observed price formation in the CAISO. In the third essay, I estimate a time series model of the CAISO forward premium in order to measure the impact that virtual bidding has had on forward and spot price convergence in California between April 2009 and March 2014. I find virtual bidding to have caused forward and spot prices to diverge due to the large number of market participants looking to hedge against - or speculate on - the occurrence of infrequent but large spot price spikes by placing virtual demand bids.

The Research on and Application of the Multi-regression Technique in the Course of the Marketing Decision-making of Enterprises

Institute of Scientific and Technical Information of China (English)

无

2002-01-01

The reformation of the economy system has led the f un ctional department and status of the enterprises into a variable state. Under th e condition of the market economy, the kernel of the enterprises' functional dep artment has diverted to that of marketing decision-making, which face to market and meet with the need of consumption. Assuredly, the kernel of marketing decis ion-making is to prognosticate the future market demand of the production of en terprises accurately, so that it can ensure and realiz...

Nuclear separations for radiopharmacy : the need for improved separations to meet future research and clinical demands

International Nuclear Information System (INIS)

Bond, A.H.; Rogers, R.D.; Dietz, M.L.

2000-01-01

Several recent national and international reports have predicted that the demand for radionuclides used in medicine will increase significantly over the next 20 years. Separation science is an integral part of the production and development of new radionuclides for diagnostic and therapeutic applications and will play a major role in process improvements to existing radiopharmaceuticals to meet increasing demands. The role of separation science in the production of radionuclides for medical applications is briefly discussed, followed by an overview of the manuscripts from the American Chemical Society symposium 'Nuclear Separations for Radiopharmacy'. A listing of the most widely used radionuclides in clinical application and medical research serves as a foundation for the discussion of future research opportunities in separation science

THE PROCESS OF EVALUATING PRIMARY FINANCIAL ASSETS ON THE CAPITAL MARKET

Directory of Open Access Journals (Sweden)

Ionel Eduard Ionescu

2013-12-01

Full Text Available The capital market is where supply meets demand and stocks, bonds, future contracts and other stock products are circulated. This study intends to argue for the importance of financial instruments on the capital market, and especially their evaluating process. On such a market, the moment when an investor decides to buy or sell a portfolio is very important. Hence the numerous questions that an investor is faced with: should I buy today? Should I wait? What will be the price trend the following days? In order to be able to handle any situation, it is necessary to carry out calculations on the evaluation indicators of financial instruments.

Aggregation of demand side flexibility in a smart grid: A review for European market design

OpenAIRE

Eid , Cherrelle; Codani , Paul; Chen , Yurong; Perez , Yannick; Hakvoort , Rudi

2015-01-01

International audience; The increased share of renewable generation and the integration of Distributed Generation (DG) require more electricity system flexibility. One way to increase this flexibility is to use the potentials of demand response (DR). In order to activate the full range of customers in DR, a new market intermediary actor is needed to aggregate the resources in an adequate technical and economical format. These actors, so called " aggregators " , can act as flexibility provider...

Crude oil market report

Energy Technology Data Exchange (ETDEWEB)

1985-01-01

Falling demand for refined products and an excess of production capacity are driving world oil prices down further. Competitive price cutting, notably by Mexico, Britain, and the Soviet Union, has left Saudi Arabia the only guardian of a costly pricing discipline in terms of crude oil sales. The current crisis is limited to the producers of crude oil. Refineries are now deciding what, where, and how to buy crude in order to meet the requirements of a slack market place. Saudi Arabia could precipitate a price collapse below $20 per barrel by increasing production volume, but that seems unlikely. 1 figure, 2 tables.

Implications of using alternate fuel cycles to meet Ontario's nuclear power demand

International Nuclear Information System (INIS)

Lau, J.H.K.

1978-08-01

The use of alternate fuel cycles to meet an assumed nuclear capacity growth rate in Ontario is examined. Two criteria are used: the ability of the alternate fuel cycles to lessen the uranium demand; and the ease of commercialization. The nuclear strategies considered assume the use of the natural uranium cycle and, starting in the year 2000, the gradual introduction of an alternate fuel cycle. The alternate fuel cycles reviewed are enriched uranium, mixed oxides, and a variety of thorium cycles. The cumulative uranium requirement to the year 2070, and the growth and size of the reprocessing and fuel fabrication industries are discussed in detail. Sensitivity analyses on nuclear capacity growth rate, recycling loss and delay time are also described. (auth)

Blood banks meet the paradox of Gabriel's Horn: what are the options to maintain supply as demand decreases?

Science.gov (United States)

Beckman, N; Yazer, M; Land, K; Chesneau, S; Caulfield, J

2016-06-01

Blood services worldwide have observed a decline in the demand for red blood cells (RBC). Despite this general decline, the demand profile has changed significantly with the demand for O D negative RBCs being maintained; whereas B D positive and AB D positive RBC demand has been reduced. In 2015, the blood type O D negative was seen in 6·3% of the combined first time donors among the five American Blood Centres involved in this study and 7·4% of first time Australian donors in 2014/2015, whereas O D negative distributions accounted for 10·5% of all red cell units issued by the American centres and 13·9% by the Australian centres. Inventory can therefore be of sufficient overall quantity but may not be adequate for the demand for units with specific blood types. Recruitment of new donors may need to become more targeted and/or financial or inventory control measures could also be required to ensure inventory matches demand. Blood Services will need to consider the available options in order to ensure that sufficiency of supply is secure and the donor panel is optimised to meet the new demand paradigm. © 2016 British Blood Transfusion Society.

Documentation of the petroleum market model (PMM). Appendix: Model developer's report

International Nuclear Information System (INIS)

1994-01-01

The Office of Integrated Analysis and Forecasting (OIAF) is required to provide complete model documentation to meet the EIA Model Acceptance Standards. The EIA Model Documentation: Petroleum Market Model of the National Energy Modeling System provides a complete description of the Petroleum Market Model's (PMM) methodology, and relation to other modules in the National Energy Modeling System (NEMS). This Model Developer's Report (MDR) serves as an appendix to the methodology documentation and provides an assessment of the sensitivity of PMM results to changes in input data. The MDR analysis for PMM is performed by varying several sets of input variables one-at-a-time and examining the effect on a set of selected output variables. The analysis is based on stand-alone, rather than integrated, National Energy Modeling System (NEMS) runs. This means that other NEMS modules are not responding to PMM outputs. The PMM models petroleum refining and marketing. The purpose of the PMM is to project petroleum product prices, refining activities, and movements of petroleum into the United States and among domestic regions. In addition, the PMM estimates capacity expansion and fuel consumption in, the refining industry. The PMM is also used to analyze a wide variety of petroleum-related issues and policies, in order to foster better understanding of the petroleum refining and marketing industry and the effects of certain policies and regulations. The PMM simulates the operation of petroleum refineries in the United States, including the supply and transportation of crude oil to refineries, the regional processing of these raw materials into petroleum products, and the distribution of petroleum products to meet regional demands. The essential outputs of this model are product prices, a petroleum supply/demand balance, demands for refinery fuel use, and capacity expansion

Innovative Marketing by Argyle

Institute of Scientific and Technical Information of China (English)

2011-01-01

The Chinese hotel industry is increasingly integrating into the international market,and marketing awareness has developed quickly in China.Successful marketing can ensure a hotel maintains a competitive edge.The marketing strategy by Argyle Management Group (Australia) focuses on consumer demand and market demand.This innovative strategy has kept the group in an invincible position amid fierce competition.

SURVEY OF DEMAND AND SUPPLY BALANCE IN LOAN MARKETS: CENTRAL BANK'S EXPERIENCE

Directory of Open Access Journals (Sweden)

S. Naumenkova

2014-09-01

Full Text Available This article examines the existing Bank Lending Survey (BLS approaches to the assessment of the non-price lending conditions' impact on the credit market balance. BLS responses provided domestic central banks an early and reliable signal about the deterioration of financing conditions and the financial access. The monitoring pattern stipulate by using the core indicators: net percentage, diffusion index, Bank Lending Tightness (BLT. The priority tasks for National Bank of Ukraine for Bank Lending Survey were put forward by author. Senior Loan Officer Opinion Survey (SLOOS on Bank Lending Practices address changes in the supply of, and demand for, bank loans to businesses and households over the past months.

Home Network Technologies and Automating Demand Response

Energy Technology Data Exchange (ETDEWEB)

McParland, Charles

2009-12-01

Over the past several years, interest in large-scale control of peak energy demand and total consumption has increased. While motivated by a number of factors, this interest has primarily been spurred on the demand side by the increasing cost of energy and, on the supply side by the limited ability of utilities to build sufficient electricity generation capacity to meet unrestrained future demand. To address peak electricity use Demand Response (DR) systems are being proposed to motivate reductions in electricity use through the use of price incentives. DR systems are also be design to shift or curtail energy demand at critical times when the generation, transmission, and distribution systems (i.e. the 'grid') are threatened with instabilities. To be effectively deployed on a large-scale, these proposed DR systems need to be automated. Automation will require robust and efficient data communications infrastructures across geographically dispersed markets. The present availability of widespread Internet connectivity and inexpensive, reliable computing hardware combined with the growing confidence in the capabilities of distributed, application-level communications protocols suggests that now is the time for designing and deploying practical systems. Centralized computer systems that are capable of providing continuous signals to automate customers reduction of power demand, are known as Demand Response Automation Servers (DRAS). The deployment of prototype DRAS systems has already begun - with most initial deployments targeting large commercial and industrial (C & I) customers. An examination of the current overall energy consumption by economic sector shows that the C & I market is responsible for roughly half of all energy consumption in the US. On a per customer basis, large C & I customers clearly have the most to offer - and to gain - by participating in DR programs to reduce peak demand. And, by concentrating on a small number of relatively

Energy supply and demand in Canada and export demand for Canadian energy, 1966--1990

Energy Technology Data Exchange (ETDEWEB)

1969-01-01

This report presents the results of a National Energy Board staff study of energy supply and demand in Canada to 1990. The study covers all forms of energy in Canada, and probable sources of supply for serving both indigenous and export demand for Canadian energy. Energy demand by market sector (residential and commercial, industrial, and transportation) is discussed in Chapters III, IV and V, respectively. Chapters VI, VII, VIII, and IX deal with supply prospects for Canadian petroleum, natural gas, coal, and electricity serving indigenous and export markets. A summary of the report is contained in Chapter II. Appendix A reviews general assumptions including those relating to population and household growth. Appendix B summarizes the methodology used for estimating residential energy demand, automobile transportation energy demand, and electricity supply. Appendix C includes a number of tables which provide detailed information. A list of definitions and abbreviations follows the Table of Contents.

Market Potential Estimation for Tourism in Emerging Markets

Directory of Open Access Journals (Sweden)

Baimai, Chaiwat

2009-10-01

Full Text Available The objective of this paper was to develop a useful framework for estimating demand for tourism in emerging markets. Tourism has become one of the most crucial sectors in a large number of emerging countries. Moreover, the tourism industry in such markets is forecasted to keep increasing in the next decade. Hence, understanding and accurately forecast demand in the industry is essential in order to manage this sector effectively. Using stepwise regression analysis, we found a number of important variables in estimating demand for tourism in emerging markets. Our regression model can benefit travel agencies and policy makers dealing with the tourism industry.

H2@Scale Resource and Market Analysis

Energy Technology Data Exchange (ETDEWEB)

Ruth, Mark

2017-05-04

The 'H2@Scale' concept is based on the potential for wide-scale utilization of hydrogen as an energy intermediate where the hydrogen is produced from low cost energy resources and it is used in both the transportation and industrial sectors. H2@Scale has the potential to address grid resiliency, energy security, and cross-sectoral emissions reductions. This presentation summarizes the status of an ongoing analysis effort to quantify the benefits of H2@Scale. It includes initial results regarding market potential, resource potential, and impacts of when electrolytic hydrogen is produced with renewable electricity to meet the potential market demands. It also proposes additional analysis efforts to better quantify each of the factors.

Short-term LNG-markets

International Nuclear Information System (INIS)

Eldegard, Tom; Lund, Arne-Christian; Miltersen, Kristian; Rud, Linda

2005-01-01

The global Liquefied Natural Gas (LNG) industry has experienced substantial growth in the past decades. In the traditional trade patterns of LNG the product has typically been handled within a dedicated chain of plants and vessels fully committed by long term contracts or common ownership, providing risk sharing of large investments in a non-liquid market. Increasing gas prices and substantial cost reductions in all parts of the LNG chain have made LNG projects viable even if only part of the capacity is secured by long-term contracts, opening for more flexible trade of the remainder. Increasing gas demand, especially in power generation, combined with cost reductions in the cost of LNG terminals, open new markets for LNG. For the LNG supplier, the flexibility of shifting volumes between regions represents an additional value. International trade in LNG has been increasing, now accounting for more than one fifth of the world's cross-border gas trade. Despite traditional vertical chain bonds, increased flexibility has contributed in fact to an increasing LNG spot trade, representing 8% of global trade in 2002. The focus of this paper is on the development of global short-term LNG markets, and their role with respect to efficiency and security of supply in European gas markets. Arbitrage opportunities arising from price differences between regional markets (such as North America versus Europe) are important impetuses for flexible short-term trade. However, the short-term LNG trade may suffer from problems related to market access, e.g. limited access to terminals and regulatory issues, as well as rigidities connected to vertical binding within the LNG chain. Important issues related to the role of short-term LNG-trade in the European gas market are: Competition, flexibility in meeting peak demand, security of supply and consequences of differences in pricing policies (oil-linked prices in Europe and spot market prices in North America). (Author)

Measuring market performance in restructured electricity markets: An empirical analysis of the PJM energy market

Science.gov (United States)

Tucker, Russell Jay

2002-09-01

Today the electric industry in the U.S. is transitioning to competitive markets for wholesale electricity. Independent system operators (ISOs) now manage broad regional markets for electrical energy in several areas of the U.S. A recent rulemaking by the Federal Energy Regulatory Commission (FERC) encourages the development of regional transmission organizations (RTOs) and restructured competitive wholesale electricity markets nationwide. To date, the transition to competitive wholesale markets has not been easy. The increased reliance on market forces coupled with unusually high electricity demand for some periods have created conditions amenable to market power abuse in many regions throughout the U.S. In the summer of 1999, hot and humid summer conditions in Pennsylvania, New Jersey, Maryland, Delaware, and the District of Columbia pushed peak demand in the PJM Interconnection to record levels. These demand conditions coincided with the introduction of market-based pricing in the wholesale electricity market. Prices for electricity increased on average by 55 percent, and reached the $1,000/MWh range. This study examines the extent to which generator market power raised prices above competitive levels in the PJM Interconnection during the summer of 1999. It simulates hourly market-clearing prices assuming competitive market behavior and compares these prices with observed market prices in computing price markups over the April 1-August 31, 1999 period. The results of the simulation analysis are supported with an examination of actual generator bid data of incumbent generators. Price markups averaged 14.7 percent above expected marginal cost over the 5-month period for all non-transmission-constrained hours. The evidence presented suggests that the June and July monthly markups were strongly influenced by generator market power as price inelastic peak demand approached the electricity generation capacity constraint of the market. While this analysis of the

Estimating the Optimal Capacity for Reservoir Dam based on Reliability Level for Meeting Demands

Directory of Open Access Journals (Sweden)

Mehrdad Taghian

2017-02-01

Full Text Available Introduction: One of the practical and classic problems in the water resource studies is estimation of the optimal reservoir capacity to satisfy demands. However, full supplying demands for total periods need a very high dam to supply demands during severe drought conditions. That means a major part of reservoir capacity and costs is only usable for a short period of the reservoir lifetime, which would be unjustified in economic analysis. Thus, in the proposed method and model, the full meeting demand is only possible for a percent time of the statistical period that is according to reliability constraint. In the general methods, although this concept apparently seems simple, there is a necessity to add binary variables for meeting or not meeting demands in the linear programming model structures. Thus, with many binary variables, solving the problem will be time consuming and difficult. Another way to solve the problem is the application of the yield model. This model includes some simpler assumptions and that is so difficult to consider details of the water resource system. The applicationof evolutionary algorithms, for the problems have many constraints, is also very complicated. Therefore, this study pursues another solution. Materials and Methods: In this study, for development and improvement the usual methods, instead of mix integer linear programming (MILP and the above methods, a simulation model including flow network linear programming is used coupled with an interface manual code in Matlab to account the reliability based on output file of the simulation model. The acre reservoir simulation program (ARSP has been utilized as a simulation model. A major advantage of the ARSP is its inherent flexibility in defining the operating policies through a penalty structure specified by the user. The ARSP utilizes network flow optimization techniques to handle a subset of general linear programming (LP problems for individual time intervals

Generation Companies’ Operative Strategies in the Spot Electricity Market

Directory of Open Access Journals (Sweden)

Tovar-Hernández J.H.

2012-07-01

Full Text Available In traditional regulation the obligation to meet the consumer demand was assumed, this guaranteed to generation companies the full recovery of their costs. However, in order to achieve greater efficiency, reduce the price of electricity, meet the continuously growing electricity consumption, and equalize prices in different regions, a new structure of the electricity industry has been created, where electric energy is traded through a market. Generation company’s future cash flows depend on day to day market participation, in order to satisfy all of their financial and economic requirements. In this paper, future cash flows required to fulfill with economic and financial commitments by a generation company immerse in this new market structure are studied. For this purpose, future cash flows are considered to be dependent on a single asset: electricity. Several scenarios with different fuel prices are generated in order to estimate the generation company’s future cash flows. The response of the competing generation companies is taken into account at each scenario. The fuel price changes are modelled using a concurrent binary tree.

Simulation of ridesourcing using agent-based demand and supply regional models : potential market demand for first-mile transit travel and reduction in vehicle miles traveled in the San Francisco Bay Area.

Science.gov (United States)

2016-01-01

In this study, we use existing modeling tools and data from the San Francisco Bay Area : (California) to understand the potential market demand for a first mile transit access service : and possible reductions in vehicle miles traveled (VMT) (a...

International Oil Supplies and Demands

International Nuclear Information System (INIS)

1991-09-01

The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence

International Oil Supplies and Demands

International Nuclear Information System (INIS)

1992-04-01

The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence

International Oil Supplies and Demands

Energy Technology Data Exchange (ETDEWEB)

1991-09-01

The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

International Oil Supplies and Demands

Energy Technology Data Exchange (ETDEWEB)

1992-04-01

The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

Transmission investment and planning in deregulated market environment : a literature survey (part 1)

International Nuclear Information System (INIS)

Wen, F.; Wu, F.F.

2005-01-01

This paper is the first half of a 2-part paper that provided details of a comprehensive survey of issues related to transmission investment and expansion planning in the electricity market. The lack of adequate transmission capacity has played an important role in recent power crises, and deregulation has had a significant impact on the investment and planning process of transmission systems. The main objective of transmission investment is to meet load demands as cheaply as possible. In a deregulated market, there is no longer centrally coordinated planning of new generation. Transmission planning is generally not coordinated with generation planning. There is considerable uncertainty with regard to transmission capacity requirements due to long lead times for transmission construction. Generating plants and transmission lines are built according to investor assessments and private interests, and current transmission systems were not designed to handle supply and demand patterns in competitive markets. It was recommended that new transmission plans should meet reliability requirements while minimizing expected unserved energy. It was concluded that reliability criteria must be redefined to account for the fact that transmission systems are more stressed under deregulation. Two popular financial transmission rights were also discussed, notably (1) point-to-point financial transmission rights (FTR); and (2) financial flowgate rights (FGR)

Supply and demand for radiographers in Lithuania: A prognosis for 2012–2030

Energy Technology Data Exchange (ETDEWEB)

Vanckaviciene, Aurika, E-mail: aurika.vanckaviciene@gmail.com [Hospital of Lithuanian University of Health Sciences Kaunas Clinics, Department of Radiology, Lithuanian University of Health Sciences, Medical Academy, Eivenių str. 2, LT-50009 Kaunas (Lithuania); Hospital of Lithuanian University of Health Sciences Kaunas Clinics, Department of Nursing and Care, Eivenių str. 2, LT-50009 Kaunas (Lithuania); Starkiene, Liudvika, E-mail: liudvika.starkiene@lsmuni.lt [Lithuanian University of Health Sciences, Medical Academy, Department of Preventive Medicine, Mickeviciaus str. 9, LT-44307 Kaunas (Lithuania); Macijauskiene, Jūrate, E-mail: jurate.macijauskiene@lsmuni.lt [Lithuanian University of Health Sciences, Medical Academy, Faculty of Nursing, Mickeviciaus str. 9, LT-44307 Kaunas (Lithuania)

2014-07-15

Background: This is the first ever study on the planning of the supply and demand for radiographers in Lithuania. The aim of this study was to analyze the supply and demand for radiographers in the labor market with respect to their number, structure, and services, and to provide a prognosis for the period of 2012–2030. Materials and methods: Supply was calculated using two scenarios with differing duration of studies, annual student drop-out rates, rates of failure to start working, the annual number of new entrants into the labor market, and emigration rates. Annual mortality rates, the number of first-year students, and retirement rates were evaluated equally in both scenarios. Two projections of the demand for radiographers, based on the population's differing (by age and gender), need for outpatient radiology services, computed tomography, and magnetic resonance scans. Subsequently, the supply and demand scenarios were compared. Results: Evaluation of the perspective supply and demand scenarios – which are the most probable – revealed a gap forming during the analyzed period, the predicted specialist shortage will reach 0.13 full-time equivalents per 10,000 population, and in 2030—0.37 full-time equivalents per 10,000 population. Conclusions: Considering the changes in education of radiographers, the socio-demographic characteristics of the staff, and the increasing need for radiographers’ services, the supply of radiographers during the next two decades will be insufficient. To meet the forecasted demand for radiographers in the perspective scenario, the number of students choosing this specialty from 2013 on should increase by up to 30%.

Supply and demand for radiographers in Lithuania: A prognosis for 2012–2030

International Nuclear Information System (INIS)

Vanckaviciene, Aurika; Starkiene, Liudvika; Macijauskiene, Jūrate

2014-01-01

Background: This is the first ever study on the planning of the supply and demand for radiographers in Lithuania. The aim of this study was to analyze the supply and demand for radiographers in the labor market with respect to their number, structure, and services, and to provide a prognosis for the period of 2012–2030. Materials and methods: Supply was calculated using two scenarios with differing duration of studies, annual student drop-out rates, rates of failure to start working, the annual number of new entrants into the labor market, and emigration rates. Annual mortality rates, the number of first-year students, and retirement rates were evaluated equally in both scenarios. Two projections of the demand for radiographers, based on the population's differing (by age and gender), need for outpatient radiology services, computed tomography, and magnetic resonance scans. Subsequently, the supply and demand scenarios were compared. Results: Evaluation of the perspective supply and demand scenarios – which are the most probable – revealed a gap forming during the analyzed period, the predicted specialist shortage will reach 0.13 full-time equivalents per 10,000 population, and in 2030—0.37 full-time equivalents per 10,000 population. Conclusions: Considering the changes in education of radiographers, the socio-demographic characteristics of the staff, and the increasing need for radiographers’ services, the supply of radiographers during the next two decades will be insufficient. To meet the forecasted demand for radiographers in the perspective scenario, the number of students choosing this specialty from 2013 on should increase by up to 30%

Where Corporate Culture and Local Markets Meet. Music and Film Majors in the Netherlands, 1990-2005

OpenAIRE

Kamp, Miriam

2009-01-01

textabstractSince the 1980s, media and entertainment companies have developed into large cross-media multinationals. Their international structure, strategy and operation have been investigated extensively. However, these majors operate globally by having local offices in various markets. So far, little attention has been paid to this aspect. In Where Corporate Culture and Local Markets Meet, Miriam van de Kamp addresses the local operation of international music and film corporations in the ...

Meeting the clean air demand

International Nuclear Information System (INIS)

Hocker, C.

1991-01-01

This article addresses the impacts to the emissions control industry and the future of small independent projects of the Clean Air Act. Topics discussed include technological and market niche of pollution control companies, risk reduction by owning and operating the emission control portion of the plant as a separate entity, the diversity of technologies, and legislative effects

A new campaign on nuclear energy to meet a demand

International Nuclear Information System (INIS)

Ronze, Helene

1997-11-01

This EDF press report presents the activities related to an advertising campaign initiated in November 1997 in favour of nuclear power development as response to a demand of French public. A TV clip, stressing the advantages of the nuclear power for the country, reminds that the electricity in France, where 75% is of nuclear origin, is present in every daily use of domestic facilities, be it the boiler, toaster, drip coffee appliance, refrigerator, etc., which all induce pleasure and life quality. For the first time an informative discourse is given reminding that the nuclear power ensures part of France's energy independence. It is a highly-valued type of energy on market, important both for households and for competing enterprises. Besides, the EDF has conceived five substantiated press announcements, addressed to the public opinion makers, answering significant questions raised by the public. In favour of nuclear power the following rationales are presented: 1. concerning the impact of the electricity generation upon the planet warming, the fact is reminded that the nuclear and hydroelectric power in France cover 90% of its electricity demands without any gas emission which induces the Greenhouse effect; 2. due to the competition the French nuclear power sector masters the cost of kWh in France; 3. the nuclear power constitutes an positive impetus on the commercial balance as currency saving and electricity exports; 4. the nuclear wastes in France have been reduced three times in the last ten years; 5. nuclear power ensures jobs for more than 100,000 direct employees in France and for almost an equal number of indirect employees

The economics of energy market transformation programs

International Nuclear Information System (INIS)

Duke, R.; Kammen, D.M.

1999-01-01

This paper evaluates three energy-sector market transformation programs: the US Environmental Protection Agency's Green Lights program to promote on-grid efficient lighting; the World Bank Group's new Photovoltaic Market Transformation Initiative; and the federal grain ethanol subsidy. The authors develop a benefit-cost model that uses experience curves to estimate unit cost reductions as a function of cumulative production. Accounting for dynamic feedback between the demand response and price reductions from production experience raises the benefit-cost ratio (BCR) of the first two programs substantially. The BCR of the ethanol program, however, is approximately zero, illustrating a technology for which subsidization was not justified. Their results support a broader role for market transformation programs to commercialize new environmentally attractive technologies, but the ethanol experience suggests moderately funding a broad portfolio composed of technologies that meet strict selection criteria

Non-price competition in the regional high-rise construction market

Directory of Open Access Journals (Sweden)

Ganebnykh Elena

2018-01-01

Full Text Available The article analyzes the market of high-rise residential construction in the city of Kirov (Russia. A minimal significance of price factors has been revealed in the process of the market analysis. This suggests that a lower price does not guarantee an increase in consumer demand. Thus, factors of non-price competition are of great importance in the market in question. The expert survey has identified the factors of non-price competition which influence consumer perceptions. A perceptual map has been constructed on the basis of the identified factors by means of the factor analysis to determine the positioning of each high-rise building relative to the consumer requirements. None of the high-rise residential buildings in the market in question meets the consumers’ expectations of an “ideal facility”.

Non-price competition in the regional high-rise construction market

Science.gov (United States)

Ganebnykh, Elena; Burtseva, Tatyana; Gurova, Ekaterina; Polyakova, Irina

2018-03-01

The article analyzes the market of high-rise residential construction in the city of Kirov (Russia). A minimal significance of price factors has been revealed in the process of the market analysis. This suggests that a lower price does not guarantee an increase in consumer demand. Thus, factors of non-price competition are of great importance in the market in question. The expert survey has identified the factors of non-price competition which influence consumer perceptions. A perceptual map has been constructed on the basis of the identified factors by means of the factor analysis to determine the positioning of each high-rise building relative to the consumer requirements. None of the high-rise residential buildings in the market in question meets the consumers' expectations of an "ideal facility".