WorldWideScience

Sample records for strong market demand

  1. Demand response in energy markets

    International Nuclear Information System (INIS)

    Skytte, K.; Birk Mortensen, J.

    2004-11-01

    Improving the ability of energy demand to respond to wholesale prices during critical periods of the spot market can reduce the total costs of reliably meeting demand, and the level and volatility of the prices. This fact has lead to a growing interest in the short-run demand response. There has especially been a growing interest in the electricity market where peak-load periods with high spot prices and occasional local blackouts have recently been seen. Market concentration at the supply side can result in even higher peak-load prices. Demand response by shifting demand from peak to base-load periods can counteract the market power in the peak-load. However, demand response has so far been modest since the current short-term price elasticity seems to be small. This is also the case for related markets, for example, green certificates where the demand is determined as a percentage of the power demand, or for heat and natural gas markets. This raises a number of interesting research issues: 1) Demand response in different energy markets, 2) Estimation of price elasticity and flexibility, 3) Stimulation of demand response, 4) Regulation, policy and modelling aspects, 5) Demand response and market power at the supply side, 6) Energy security of supply, 7) Demand response in forward, spot, ancillary service, balance and capacity markets, 8) Demand response in deviated markets, e.g., emission, futures, and green certificate markets, 9) Value of increased demand response, 10) Flexible households. (BA)

  2. Market demands to Danish pork

    DEFF Research Database (Denmark)

    Bredahl, Lone

    2001-01-01

    . The study focuses on the development on the most important markets for Danish pork. The countries are Denmark, Japan, UK, Germany, Italy, France, USA, Russia and South Korea. The primary purpose is to identify market demands of importance to the Danish pork sector in order to maintain and strengthen its......Danish farmers produce more than 20 million slaughtering pigs every year and most of them are exported to markets all over the world. From a historical point of view, the United Kingdom has been the groundbreaking export market, but today Danish pork is exported to more than 100 countries...... 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...

  3. World energy use in 2010: over 5% growth. Energy markets have combined crisis recovery and strong industry dynamism. Enerdata analyses the trends in energy demand, based on its 2010 data for G20 countries. May 5, 2011

    International Nuclear Information System (INIS)

    2011-01-01

    Energy markets have combined crisis recovery and strong industry dynamism. Analysis of the energy consumption in 2010 of major countries by Enerdata, based on our global energy database. Energy consumption in the G20 soared by more than 5% in 2010, after the slight decrease of 2009. This strong increase is the result of two converging trends. On the one-hand, industrialized countries, which experienced sharp decreases in energy demand in 2009, recovered firmly in 2010, almost coming back to historical trends. Oil, gas, coal, and electricity markets followed the same trend. On the other hand, China and India, which showed no signs of slowing down in 2009, continued their intense demand for all forms of energy. (authors)

  4. Demand for Neste's City products grows strongly

    International Nuclear Information System (INIS)

    Anon.

    1994-01-01

    Finland's oil, chemicals, and gas company, Neste Corporation, is well on the road to better financial performance after a very difficult year in 1992. Among the factors contributing to this optimism are Neste's pioneering low environmental impact traffic fuels. Neste Corporation's net sales in 1993 rose 9.9 % on 1992 figures to USD 11,011 million. Investments totalled USD 681 million. Profitability also improved during 1993, and the operating margin rose by 57 %, despite the recession affecting the Finnish economy and the instability of the international market. The operational loss for the year before extraordinary items, reserves, and taxes was USD 265 million, one-third less than in 1992. Neste's strategy has been to achieve a strong position in the Baltic Rim region by becoming the quality and cost leader in oil refining, and by expanding Neste's position in its key markets. A total of 3.3 million tonnes of petroleum products were exported from Finland in 1993. Neste's most important export markets were Sweden, Germany, Poland, the Baltic countries, and the St. Petersburg region. Some 20 % of exports went to customers outside Europe. In addition to Finland, Neste has concertedly developed its service station network in Poland and the Baltic countries

  5. Crucial market demands and company competencies

    DEFF Research Database (Denmark)

    Jensen, Bjarne; Stacey, Julia

    1999-01-01

    More and more, it is acknowledged that a company's success depends on it being capable of complying with the market's demands and wishes. It is, however, not always obvious, how the individual company will be able to meet the market's demands. A recent MAPP study has investigated this topic...... and identified a number of central market demands, which Danish food companies are faced with. Moreover, the study has identified which competencies are required to meet these demands and have also looked at howsuccessful companies structure some of these competencies. The study takes its point of departure...... in a literature review of MAPP's research. Results show that there are 27 central market demands, retail and consumer demands that Danish companies ought to be able to live up to. The study has also identified which competencies food companies must possess to be able to meet market's demands. Results from three...

  6. Modelling of demand response and market power

    International Nuclear Information System (INIS)

    Kristoffersen, B.B.; Donslund, B.; Boerre Eriksen, P.

    2004-01-01

    Demand-side flexibility and demand response to high prices are prerequisites for the proper functioning of the Nordic power market. If the consumers are unwilling to respond to high prices, the market may fail the clearing, and this may result in unwanted forced demand disconnections. Being the TSO of Western Denmark, Eltra is responsible of both security of supply and the design of the power market within its area. On this basis, Eltra has developed a new mathematical model tool for analysing the Nordic wholesale market. The model is named MARS (MARket Simulation). The model is able to handle hydropower and thermal production, nuclear power and wind power. Production, demand and exchanges modelled on an hourly basis are new important features of the model. The model uses the same principles as Nord Pool (The Nordic Power Exchange), including the division of the Nordic countries into price areas. On the demand side, price elasticity is taken into account and described by a Cobb-Douglas function. Apart from simulating perfect competition markets, particular attention has been given to modelling imperfect market conditions, i.e. exercise of market power on the supply side. Market power is simulated by using game theory, including the Nash equilibrium concept. The paper gives a short description of the MARS model. Besides, focus is on the application of the model in order to illustrate the importance of demand response in the Nordic market. Simulations with different values of demand elasticity are compared. Calculations are carried out for perfect competition and for the situation in which market power is exercised by the large power producers in the Nordic countries (oligopoly). (au)

  7. Market design for rapid demand response

    DEFF Research Database (Denmark)

    Nielsen, Kurt; Tamirat, Tseganesh Wubale

    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 su ering from unreliable electricity supply for many years and companies and households have learned......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...... to adjust by investments in backup generators. We focus on turning the many private backup generators into a demand response system. The economic simulation focuses on possible distortion introduced by various ways of splitting the generated surplus from the demand response system. An auction run instantly...

  8. Demand response in Indian electricity market

    International Nuclear Information System (INIS)

    Siddiqui, Md Zakaria; Maere d'Aertrycke, Gauthier de; Smeers, Yves

    2012-01-01

    This paper outlines a methodology for implementing cost of service regulation in retail market for electricity in India when wholesale market is liberalised and operates through an hourly spot market. As in a developing country context political considerations make tariff levels more important than supply security, satisfying the earmarked level of demand takes a back seat. Retail market regulators are often forced by politicians to keep the retail tariff at suboptimal level. This imposes budget constraint on distribution companies to procure electricity that it requires to meet the earmarked level of demand. This is the way demand response is introduced in the system and has its impact on spot market prices. We model such a situation of not being able to serve the earmarked demand as disutility to the regulator which has to be minimised and we compute associated equilibrium. This results in systematic mechanism for cutting loads. We find that even a small cut in ability of the distribution companies to procure electricity from the spot market has profound impact on the prices in the spot market. - Highlights: ► Modelling the impact of retail tariff in different states on spot prices of electricity in India. ► Retail tariffs are usually fixed below appropriate levels by states due to political reasons. ► Due to revenue constraint distribution utility withdraws demand from spot market in peak hours. ► This adversely affects the scarcity rent of generators and subsequently future investment. ► We show possibility of strategic behaviour among state level regulators in setting retail tariff.

  9. Social marketing in travel demand management

    DEFF Research Database (Denmark)

    Thøgersen, John

    2013-01-01

    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.......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...

  10. 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...... are such that the separated (integrated) duopoly with wholesale trade performs best (worst) in terms of welfare.Keywords: Electricity, Investments, Generating Capacities, Vertical Integration, Monopoly and Competition.JEL-Classification: D42, D43, D44, L11, L12, L13...

  11. 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

  12. 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...... 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 occasions of surplus or deficit of generation to meet the demand of the future, sometimes expected...... and sometimes not, that will lead to power system failure. The type of demand response investigated is consumption controlled by indirect means, like an electricity price. Initially, algorithms responding to real-time electricity prices are researched and benchmarked according to comfort and cost. After...

  13. 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.

  14. 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.

  15. 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.

  16. 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.

  17. 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.

  18. 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.

  19. 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

  20. A Dynamic Market Mechanism for Markets with Shiftable Demand Response

    DEFF Research Database (Denmark)

    Hansen, Jacob; Knudsen, Jesper Viese; Kiani, Arman

    2014-01-01

    In this paper, we propose a dynamic market mechanism that converges to the desired market equilibrium. Both locational marginal prices and the schedules for generation and consumption are determined through a negotiation process between the key market players. In addition to incorporating renewab...

  1. 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...

  2. Future Demand of Label Papers in the Chinese Market

    OpenAIRE

    Paavola, Anton

    2014-01-01

    The thesis that was conducted in order to investigate future demand of label papers in the Chinese market. The thesis examined factors such as competitors and the environment that may affect the label paper demand in the Chinese market. Literature was reviewed critically on the topic using academic sources, and the main methodology used was secondary data analysis. The initial idea was to conduct a Delphi study however, due to lack of cooperation secondary data had to be relied upon. This ...

  3. Price transmission between supply and demand markets for ...

    African Journals Online (AJOL)

    The theory of demand and supply implied a positive relationship, or price information transmission between the supply and demand markets for products. Using cointegration analysis and weekly data from week 37 in 2004 to week 26 in 2006, a long-run equilibrium relationship was investigated between the prices for the ...

  4. 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...

  5. 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

  6. Turkey opens electricity markets as demand grows

    Energy Technology Data Exchange (ETDEWEB)

    McKeigue, J.; Da Cunha, A.; Severino, D. [Global Business Reports (United States)

    2009-06-15

    Turkey's growing power market has attracted investors and project developers for over a decade, yet their plans have been dashed by unexpected political or financial crises or, worse, obstructed by a lengthy bureaucratic approval process. Now, with a more transparent retail electricity market, government regulators and investors are bullish on Turkey. Is Turkey ready to turn the power on? This report closely examine Turkey's plans to create a power infrastructure capable of providing the reliable electricity supplies necessary for sustained economic growth. It was compiled with on-the-ground research and extensive interview with key industrial and political figures. Today, hard coal and lignite account for 21% of Turkey's electricity generation and gas-fired plants account for 50%. The Alfin Elbistan-B lignite-fired plant has attracted criticism for its lack of desulfurization units and ash dam facilities that have tarnished the industry's image. A 1,100 MW hard-coal fired plant using supercritical technology is under construction. 9 figs., 1 tab.

  7. STRATEGIC ALTERNATIVES RELATED TO MARKET DEMAND

    Directory of Open Access Journals (Sweden)

    LIVIU NEAMŢU

    2014-12-01

    Full Text Available The foundation of any policy is the analysis of the relationship between supply and demand at the level of industries that still call the area of business. It is possible that a product or service is no longer required when it is available, even if the need is there, but wishes have undergone some changes and the image of the product on which a buyer wants is another. A buyer may be satisfied when the ownership of a product but be disappointed in the performance of its actual time of use. That is why we have made a distinction between objective and subjective value. Objective value , addressing the needs , provides a degree of satisfaction dependent on characteristics of age, gender, origin, vocational, family specifically. Subjective value is determined by the degree of satisfaction of desires , and is appreciated by each buyer depending on habits , cultural and social group consumption and education. There are four ways to approach that emphasizes differentiation: new products (differentiation, better products (positioning, faster products sold (focusing and cheaper products (cost leadership.

  8. Price-elastic demand in deregulated electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Siddiqui, Afzal S.

    2003-05-01

    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 model, we find that price elasticity both increases the retailers revenue risk exposure and decreases the spot price. Since the latter induces the retailer to reduce forward electricity purchases, while the former has the opposite effect, the overall impact of price responsive demand on the relative magnitudes of its risk exposure and end-user price elasticity. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early settlement of demand, we find that forward stage end-user price responsiveness decreases the electricity forward price relative to the case with price-elastic demand only in real time. Moreover, we find that only if forward stage end-user demand is price elastic will the equilibrium electricity forward price be reduced.

  9. 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.

  10. The Distributed Geothermal Market Demand Model (dGeo): Documentation

    Energy Technology Data Exchange (ETDEWEB)

    McCabe, Kevin [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Mooney, Meghan E [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Sigrin, Benjamin O [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Gleason, Michael [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Liu, Xiaobing [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2017-11-06

    The National Renewable Energy Laboratory (NREL) developed the Distributed Geothermal Market Demand Model (dGeo) as a tool to explore the potential role of geothermal distributed energy resources (DERs) in meeting thermal energy demands in the United States. The dGeo model simulates the potential for deployment of geothermal DERs in the residential and commercial sectors of the continental United States for two specific technologies: ground-source heat pumps (GHP) and geothermal direct use (DU) for district heating. To quantify the opportunity space for these technologies, dGeo leverages a highly resolved geospatial database and robust bottom-up, agent-based modeling framework. This design is consistent with others in the family of Distributed Generation Market Demand models (dGen; Sigrin et al. 2016), including the Distributed Solar Market Demand (dSolar) and Distributed Wind Market Demand (dWind) models. dGeo is intended to serve as a long-term scenario-modeling tool. It has the capability to simulate the technical potential, economic potential, market potential, and technology deployment of GHP and DU through the year 2050 under a variety of user-defined input scenarios. Through these capabilities, dGeo can provide substantial analytical value to various stakeholders interested in exploring the effects of various techno-economic, macroeconomic, financial, and policy factors related to the opportunity for GHP and DU in the United States. This report documents the dGeo modeling design, methodology, assumptions, and capabilities.

  11. 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.

  12. Demand response in experimental electricity markets

    Directory of Open Access Journals (Sweden)

    Barreda-Tarrazona, Iván

    2012-03-01

    Full Text Available We study consumers’ behavior in an experimental electricity market. Subjects make decisions concerning the quantity of electric energy they want to consume in three different pricing environments. In the baseline framework, they decide under a system of fixed prices, invariant to consumption schedule as well as to network restrictions. The other two environments correspond to dynamic pricing systems combined with incentives that aim at cutting energy consumption in a number of selected situations characterized by high network congestion. In such situations, in the first environment subjects get a bonus if they reduce their peak consumption below a certain level, while in the second one, consumers are sanctioned for consuming in peak times. From a social welfare perspective, our experimental data confirm that a dynamic system for prices is more efficient than a fixed one. Moreover, a dynamic scheme with sanctions, although less preferred by consumers, is more effective than the one with bonuses in order to reduce peak consumption. Dynamic pricing with bonuses reaches a good balance between efficiency and consumer acceptance.

    Estudiamos el comportamiento de los consumidores en un mercado de electricidad diseñado en el laboratorio. Los sujetos experimentales toman decisiones sobre la cantidad de electricidad que desean consumir en tres contextos diferentes. En el tratamiento base, los consumidores deciden bajo un sistema de precios fijos, en el que el precio es invariable tanto a la franja horaria de consumo como a las restricciones de la red. Los otros dos contextos corresponden a sistemas dinámicos de precios combinados con incentivos cuyo objetivo es la reducción del consumo en algunas situaciones seleccionadas caracterizadas por una alta congestión de la red. En estas situaciones, en el primer contexto, se bonifica la reducción del consumo en la hora punta por debajo de cierto nivel, mientras que en el segundo, los consumidores

  13. 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.

  14. The Cobweb Effect in Balancing Markets with Demand Response

    DEFF Research Database (Denmark)

    Larsen, Emil Mahler; Pinson, Pierre; Wang, Jianhui

    2015-01-01

    to control and integrate DR into the power system remains an open question. Integration into existing electricity markets is one option, but dynamic pricing with DR has been observed to be unstable, resulting in oscillations in supply and demand. This socalled Cobweb effect is presented here using the market......Integration of renewable energy sources (RES) like wind into the power system is a high priority in many countries, but it becomes increasingly difficult as renewables reach a significant share of generation. Demand response (DR) can potentially mitigate some of these difficulties, but the best way...

  15. Characterising Wildlife Trade Market Supply-Demand Dynamics

    Science.gov (United States)

    Rowcliffe, M.; Cowlishaw, G.; Alexander, J. S.; Ntiamoa-Baidu, Y.; Brenya, A.; Milner-Gulland, E. J.

    2016-01-01

    The trade in wildlife products can represent an important source of income for poor people, but also threaten wildlife locally, regionally and internationally. Bushmeat provides livelihoods for hunters, traders and sellers, protein to rural and urban consumers, and has depleted the populations of many tropical forest species. Management interventions can be targeted towards the consumers or suppliers of wildlife products. There has been a general assumption in the bushmeat literature that the urban trade is driven by consumer demand with hunters simply fulfilling this demand. Using the urban bushmeat trade in the city of Kumasi, Ghana, as a case study, we use a range of datasets to explore the processes driving the urban bushmeat trade. We characterise the nature of supply and demand by explicitly considering three market attributes: resource condition, hunter behaviour, and consumer behaviour. Our results suggest that bushmeat resources around Kumasi are becoming increasingly depleted and are unable to meet demand, that hunters move in and out of the trade independently of price signals generated by the market, and that, for the Kumasi bushmeat system, consumption levels are driven not by consumer choice but by shortfalls in supply and consequent price responses. Together, these results indicate that supply-side processes dominate the urban bushmeat trade in Kumasi. This suggests that future management interventions should focus on changing hunter behaviour, although complementary interventions targeting consumer demand are also likely to be necessary in the long term. Our approach represents a structured and repeatable method to assessing market dynamics in information-poor systems. The findings serve as a caution against assuming that wildlife markets are demand driven, and highlight the value of characterising market dynamics to inform appropriate management. PMID:27632169

  16. Demand and market pattern of selected medicinal plants in the ...

    African Journals Online (AJOL)

    Demand and market pattern of Aframomum melegueta K. Schum, Garcina kola Heckel, Senna alata (L.) Roxb., Tetrapleura tetrapetra (Schum & Thonn) Taub., and Piper guineense Thonn & Schum for medicinal purposes were carried out among the states in the south-western part of Nigeria with the study area comprising of ...

  17. 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.

  18. 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)

  19. 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)

  20. 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

  1. 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

  2. Impact of population size on market demand under a market economy.

    Science.gov (United States)

    Li, Y

    1996-01-01

    This article presents an analysis of the relationship between population size and market demand in China. It is argued that a smaller elasticity of a product is related to a greater impact of the size of population on the consumption of such a product. Greater elasticity reduces the impact of population. The impact of population is also mediated by average salary and salary structure. Salary structure affects prices, and prices affect supply and demand, which affect consumption. In a market-oriented economic system, the impact of population size on market demand affects supply and demand and prices. Current market demand reflects the effect of supply and demand in previous periods. Current population size will affect future market demand through prices and supply elasticity. Population changes are slow, and consumption changes are slow. The slowness of the process of change means there is time to adjust production and distribution in order to achieve stability in market supply. Control of price increases and inflation will promote economic growth, social stability, and improvement in China's socialist market economic system. It is argued that the supply of bicycles is elastic. Despite increased investment, labor, and fixed assets, profits will not grow. However the entertainment industry, as well as education, public welfare, urban utilities, noncommercialized housing, and telephones are less elastic. A large consumer population and a smaller supply elasticity result in high costs of installation, which are made higher by the state monopoly. It is argued that in China it is necessary to regulate certain necessities with less market elasticity in order to be consistent with optimum allocation of resources.

  3. Tobacco Product Demand, Cigarette Taxes, and Market Substitution

    OpenAIRE

    Da Pra, Michelle; Arnade, Carlos Anthony

    2009-01-01

    This paper presents a model of estimated demand for four tobacco products: cigarettes, cigars, chewing tobacco, and smoking tobacco products. Own elasticities and cross-price elasticities are used to obtain insights into the effectiveness and implications of new policy measures. Of particular interest is whether substitution of various tobacco products varies by market outlet. Several variations of the tobacco product outlet-choice model were estimated using iterative SUR. Four separate produ...

  4. 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

  5. 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

  6. 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.

  7. Effects of Demand Response on Retail and Wholesale Power Markets

    Energy Technology Data Exchange (ETDEWEB)

    Chassin, David P.; Kalsi, Karanjit

    2012-07-26

    Demand response has grown to be a part of the repertoire of resources used by utilities to manage the balance between generation and load. In recent years, advances in communications and control technology have enabled utilities to consider continuously controlling demand response to meet generation, rather than the other way around. This paper discusses the economic applications of a general method for load resource analysis that parallels the approach used to analyze generation resources and uses the method to examine the results of the US Department of Energy’s Olympic Peninsula Demonstration Testbed. A market-based closed-loop system of controllable assets is discussed with necessary and sufficient conditions on system controllability, observability and stability derived.

  8. 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......,679 residential consumers. The deterministic approach and its robust counterpart are used to solve the problem. The results show that, with a slight decrease in the expected payoff, the REP can effectively protect itself against price variations. Offering time-variable retail rates also can increase the expected...

  9. 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.

  10. 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

  11. SUPPLY AND DEMAND IN THE SYRIAN LABOR MARKET

    Directory of Open Access Journals (Sweden)

    Allam YOUSUF

    2017-05-01

    Full Text Available Unemployment is one of the most serious crises which confronts countries, and has many negative social effects; it justifies government intervention using mechanisms of the balance of supply and demand. It is one of the most severe problems that the Syrian labor market faces, which is under constant pressure because of the new flows of young people. The aim of this study is to shed light on the concepts which relate to the labor market, and provide a conceptual framework to understand the Syrian labor market during the war, as well as making some recommendations to help the Syrian labor market recover after the war. According to this study findings show that the unemployment rates in Syria remained stable during 2009 – 2010 (8.6%. Subsequently, the rate rose to (14.9% while in (2012 it rose sharply to (34.9 % as a result at the end of 2012 the unemployment rate was (26.8% higher than it was in 2009.

  12. Stability of excess demand functions with respect to a strong version of Wald's axiom

    International Nuclear Information System (INIS)

    An, P.T.; Binh, V.T.T.

    2005-04-01

    In this paper, a strong version of Wald's Axiom of excess demand functions Z : P is part of R >0 n → R n is introduced, namely 'there exists σ > 0 such that p,q is part of P,q T Z(p) - δ ≥ 0, vertical bar δ vertical bar T Z(p) + δ > 0''. We show that Z satisfies the strong version of Wald's Axiom iff -Z is a s-quasimonotone function. Consequently, an excess demand function Z satisfies the strong version of Wald's Axiom iff -Z is stable with respect to the pseudomonotonicity (i.e., there exists ε > 0 such that -Z + a fulfills the pseudomonotonicity for all a is part of R n satisfying parallel a parallel < ε). Some properties on the measure of the strong version of Wald's Axiom of excess demand functions are presented. (author)

  13. 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.

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

    Science.gov (United States)

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

    1983-05-01

    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.

  15. 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

  16. 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)

  17. European Online Master Degree Program for Addressing Labor Market Demands

    Directory of Open Access Journals (Sweden)

    Mohamed Tawfik

    2012-11-01

    Full Text Available Demands and needs of labor markets have always been seldom concerned by providers of educational programs. Most of the educational curricula revolve around the theoretical concepts and their evolution without contemplating their purpose of deployments and application. This is common in most of the engineering curricula and the applied science. In this contribution, we present a new European project, Remote-labs Access in Internet-based Performance-Centered Learning Environment for Curriculum Support (RIPLECS that aims to mitigate these issues by providing an official inter-institutional European master degree program in Information and Communication System (ICS. In order to globalize the master and to, at least, guarantee its accordance with the European education requirements, the program is conducted online across five European institutions and is oriented to labor market needs for qualified graduates, with special focus on realizing real-world experiments in each subject remotely, which tackle many geographical and time constrains. The network architecture of RIPLECS platform enables world-wide distribution of learning resources by utilizing multiple Web servers at several European universities, within a single network topology. The paper discusses the project development stages, implementation and the expected outcomes.

  18. 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

  19. 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…

  20. 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.

  1. 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.)

  2. Effects of Price and Quality Differences in Source Differentiated Beef on Market Demand

    OpenAIRE

    Lee, Young-Jae; Kennedy, P. Lynn

    2009-01-01

    In order to estimate demand elasticities of source differentiated beef in South Korea, this study used the quantity of an endogenous demand system derived through maximizing the economic welfare of market participants including local beef consumers and local and foreign beef suppliers. The demand system is then weighted with respect to quality adjustment parameters to identify the effects of quality differences in source differentiated beef on market demand. As implied by the high relative pr...

  3. 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)

  4. Estimation of the enterprise marketing activity by criterion on future abilities creation to form demand

    OpenAIRE

    L.V. Potrashkova

    2015-01-01

    The aim of the article. The aim of the article is to develop theoretic grounds to calculate enterprise marketing activity factors, which characterize its long term consequences with production demand formation in future. The results of the analysis. One suggests to estimate enterprise marketing activity by criterion on future enterprise abilities creation to form production demand. That’s why enterprise marketing activity factors have to include enterprise marketing potential factors. Thes...

  5. Demand response. Intelligent load management for the German control power market; Demand Response. Intelligentes Lastmanagement fuer den deutschen Regelleistungsmarkt

    Energy Technology Data Exchange (ETDEWEB)

    Neubarth, Juergen [Entelios AG / e3 consult, Muenchen (Germany); Henle, Markus [SWM Services GmbH, Muenchen (Germany)

    2012-07-01

    With the expansion of electricity generation from wind and solar power the demand for flexible generation and storage capacities increases. While the development of highly flexible gas and storage power plants has been discussed intensively on a political level the already existing flexibility potential on the demand side has in many cases been disregarded so far. In a pilot project the Entelios AG and Stadtwerke Muenchen have shown that an intelligent load management could already contribute to system stability. However, in the long run a successful establishment of demand response in the German power and balancing market requires not only a clear definition of the new market role of demand response but in particular a further development of the regulatory framework in the course of the implementation of the EC energy efficiency directive. (orig.)

  6. Defensive marketing: how a strong incumbent can protect its position.

    Science.gov (United States)

    Roberts, John H

    2005-11-01

    There has been a lot of research on marketing as an offensive tactic-how it can help companies successfully launch new products, enter new markets, or gain share with existing products in their current markets. But for nearly every new product launch, market entrant, or industry upstart grabbing market share, there is an incumbent that must defend its position. And there has been little research on how these defenders can use marketing to preemptively respond to new or anticipated threats. John H. Roberts outlines four basic types of defensive marketing strategies: positive, inertial, parity, and retarding. With the first two, you establish and communicate your points of superiority relative to the new entrant; with the second two, you establish and communicate strategic points of comparability with your rival. Before choosing a strategy, you need to assess the weapons you have available to protect your market position-your brand identity, the products and services that support that identity, and your means of communicating it. Then assess your customers' value to you and their vulnerability to being poached by rivals. The author explains how Australian telecommunications company Telstra, facing deregulation, used a combination of the four strategies (plus the author's customer response model) to fend off market newcomer Optus. Telstra was prepared, for instance, to reach deep into its pockets and engage in a price war. But the customer response model indicated that a parity strategy-in which Telstra would offer lower rates on some routes and at certain times of day, even though its prices, on average, were higher than its rival's-was more likely to prevent consumers from switching. Ultimately, Telstra was able to retain several points of market share it otherwise would have lost. The strategies described here, though specific to Telstra's situation, offer lessons for any company facing new and potentially damaging competition.

  7. 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

  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 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.

  9. Strategic Generation Capacity Choice under Demand Uncertainty : Analysis of Nash Equilibria in Electricity Markets

    NARCIS (Netherlands)

    Gürkan, G.; Ozdemir, O.; Smeers, Y.

    2013-01-01

    Abstract: We analyze a two-stage game of strategic firms facing uncertain demand and exerting market power in decentralized electricity markets. These firms choose their generation capacities at the first stage while anticipating a perfectly competitive future electricity spot market outcome at the

  10. Demand Constraints and New Demands: Regulations, Markets and Institutions Efficiency (A Case Study for Cape Verde

    Directory of Open Access Journals (Sweden)

    Bernardo Reynolds Pacheco de Carvalho

    2014-08-01

    Full Text Available Economic efficiency is a key issue in economic research and for policy design, and certainly for food security challenges. In the food system dynamics the understanding of changes and trends is crucial to improve our capacity to deal with the objectives of sustainable development and quality of life. Food system efficiency evaluation is necessary with regard to production and consumption efficiencies as well as market and governance dilemmas. Regulations and institutional efficiency are crucial aspects that are frequently forgotten, and efforts should be made to improve the capacity to deal with those methodological needs. In many situations, in the real world, data and measurements are difficult or even impossible to get in numeric or quantitative terms. Frequently, a qualitative evaluation is the only way to proceed, but measurements and numeric references are still important, mainly when changes over time are central to the research. The actual paper follows a structural food system model (WFSE – World Food Security Equation and a general equilibrium approach (ICI model – induced changes and innovation model to show in a country case study (Cape Verde the important role of markets and institutions as compared to regulation practices directed to improve economic efficiency subject to demand behavior. Cape Verde is a very challenging country with regard to the food security status (where natural resources are very poor for agricultural production but with great success in global and macro terms in the last 10 years. The main problems nowadays are clearly at local level. The present research tries to highlight the global achievements and explore local assessment efforts on food consumption conditions. A specific region is studied, in the island of Santo Antão, one of the most important production regions. Three different production systems were compared mainly with regard to their respective influence on consumption habits, incomes and

  11. Non-urban mobile radio market demand forecast

    Science.gov (United States)

    Castruccio, P. A.; Cooper, J.

    1982-01-01

    A national nonmetropolitan land mobile traffic model for 1990-2000 addresses user classes, density classes, traffic mix statistics, distance distribution, geographic distribution, price elasticity, and service quality elasticity. Traffic demands for business, special industrial, and police were determined on the basis of surveys in 73 randomly selected nonurban counties. The selected services represent 69% of total demand. The results were extrapolated to all services in the non-SMSA areas of the contiguous United States. Radiotelephone services were considered separately. Total non-SMSA mobile radio demand (one way) estimates are given. General functional requirements include: hand portability, privacy, reduction of blind spots, two way data transmission, position location, slow scan imagery.

  12. Demand, generation and price in the Norwegian market for electric power

    International Nuclear Information System (INIS)

    Johnsen, T.A.

    2001-01-01

    We analyse the simultaneous determination of supply, demand and price in the competitive Norwegian electricity market. Deregulated in 1991, this market is pretty mature and it offers numerous data required carrying out an interesting study. Stochastic and seasonal water inflow, water storage possibilities and demand variations make this market interesting both from a theoretical and empirical view. We establish a small supply-demand model of the Norwegian electricity market. The model is estimated using weekly data from 1994 to 1995. Data for 1996 are used for post-sample examination of the model. Unexpected inflow, snow and temperature conditions explain a large part of the variation in the electricity generation, demand and price. Within and post-sample simulation of the estimated model reproduce demand and price patterns considerably well

  13. 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)

  14. The energy demand in the world in 2004: very strong rise of energy consumptions, mainly due to China

    International Nuclear Information System (INIS)

    Chateau, Bertrand

    2005-01-01

    2004, the highest energy growth since 1987: Very strong rise of energy consumptions, strongest annual growth since 1987, due to a favorable economic situation, China is the motor of this evolution. Total energy in the world in 2004: 11,1 Gtep. Asia represents almost one third of the world energy consumption, China's weight (14%) continues to increase by one point every year since 2000. China accounts for 42% of the world energy consumption growth, Asia for 62%. The European consumption growth represents less than 10% of China's growth, and 40% only of USA's growth. Since 2000, coal's market share has increased by 2 points, the oil market share has receded by 1 point. The relative weight of gas remains stable, with 21%. Coal accounts for 37% of the world energy consumption increase in 2004. The oil consumption increase has been more than twice higher than gas increase. Recovery of hydraulic and nuclear power. 78% of coal consumption growth is due to China, 99% from the whole Asia. Since 2000, the strongest growths are in Asia: China, Taiwan, Korea, Japan, India. 50% of the consumption growth is due to the power sector. The oil demand growth accelerates in 2004, driven by China (+14%) and the developing countries. Two giants of the oil demand growth: China and USA (+59 Mt, 58% of total 2004 growth). In the OECD, only North America increases significantly in 2004. Except China, the world growth is relatively steady since 1990, with 1.1%/ year. Oil demand is concentrated on captive usages. 55% of the world demand of oil products is concentrated on transport and petro-chemical sectors (67% in Europe (+ 9 points since 1990) and 81% in North America. Transport and petro-chemical sectors represent 2/3 of the world oil demand growth in 2004. The Middle-East has supplied half of the oil demand increase between 2003 and 2004. Except the Middle-East, only the CIS, Latin America and Africa regions have increased their production in 2004. Despite soaring

  15. Chicago's water market: Dynamics of demand, prices and scarcity rents

    Science.gov (United States)

    Ipe, V.C.; Bhagwat, S.B.

    2002-01-01

    Chicago and its suburbs are experiencing an increasing demand for water from a growing population and economy and may experience water scarcity in the near future. The Chicago metropolitan area has nearly depleted its groundwater resources to a point where interstate conflicts with Wisconsin could accompany an increased reliance on those sources. Further, the withdrawals from Lake Michigan is limited by the Supreme Court decree. The growing demand and indications of possible scarcity suggest a need to reexamine the pricing policies and the dynamics of demand. The study analyses the demand for water and develops estimates of scarcity rents for water in Chicago. The price and income elasticities computed at the means are -0.002 and 0.0002 respectively. The estimated scarcity rents ranges from $0.98 to $1.17 per thousand gallons. The results indicate that the current prices do not fully account for the scarcity rents and suggest a current rate with in the range $1.53 to $1.72 per thousand gallons.

  16. 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 ...

  17. Demand for Skills Spurs Market To Manage Workforce Pipeline.

    Science.gov (United States)

    WorkAmerica, 1999

    1999-01-01

    Knowledge supply chains are market-driven, competency-based systems in which education and training are aligned to help employers, educators, workers, and students navigate more effectively in the global economy. Three key trends warrant attention in today's global economy: (1) knowledge and skill needs are escalating and changing rapidly; (2)…

  18. Empirical Analysis Of Labour Market Demand In Nigeria | Olusoji ...

    African Journals Online (AJOL)

    This paper examines the impact of economic reforms on poverty and unemployment situation in the country. The formal labour market was considered by using advertised vacancies. The result shows that the advertised vacancies are skewed towards high skill and that computer and analytical skill are highly required.

  19. THE DEMAND AND SUPPLY OF QUALIFIED EMPLOYEES OF TOURISM ON THE JOB MARKET

    OpenAIRE

    Vetrakova, Milota

    2000-01-01

    The job market changes in Slovakia are influenced by product market changes. Changes in economic structure in the 1990s leaded to an overall unemployment. Tourism potential in Slovakia and governmental support of small and medium size businesses guarantee growing employment in tourism. Tourism sector in Slovakia offers about 90 000 jobs. Demand for work in manual and unskilled jobs is typical for small enterprises in tourism. The growth in demand for higher skilled occupations, university gra...

  20. 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.

  1. 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.

  2. Seafood Import Demand in Caribbean Common Market (CARICOM) Area

    OpenAIRE

    Nguyen, Giap V.; Jolly, Curtis M.

    2010-01-01

    An aggregate seafood import demand function for selected Caribbean countries is estimated using Autoregressive Error model and a Generalized Autoregressive Conditional Heteroscedasticity model to correct autocorrelation and heteroscedasticity. The results show that aggregated seafood import is elastic (-1.12), low-valued import is more elastic (-1.21), but high-valued import is inelastic (-0.72). Exchange rate has a negative effect on seafood import quantity. Income is not a factor in Caribbe...

  3. DEVELOPMENT OF MILK CONSUMPTION AND MARKETING ANALYSIS OF ITS DEMAND

    OpenAIRE

    Marta Habánová; Ľubica Kubicová

    2012-01-01

    The strategy of most households is to eliminate the negative effects of economic changes related mainly to the economic crisis by mobilizing available resources and reducing costs, but which cloud lead to a decrease in food consumption and changes in consumption patterns. Pensions and prices are factors that shape the demand for food and other estates. Both of these factors guarantee the economic viability of nutrition. Paper analyzes the development of the of milk consumption and level of it...

  4. Fuel switching? Demand destruction? Gas market responses to price spikes

    International Nuclear Information System (INIS)

    Lippe, D.

    2004-01-01

    This presentation defined fuel switching and addressed the issue regarding which consumers have the capability to switch fuels. In response to short term price aberrations, consumers with fuel switching capabilities reduce their use of one fuel and increase consumption of an alternative fuel. For example, natural gas consumption by some consumers declines in response to price spikes relative to prices of alternative fuels. This presentation also addressed the issue of differentiating between fuel switching and demand destruction. It also demonstrated how to compare gas prices versus alternative fuel prices and how to determine when consumers will likely switch fuels. Price spikes have implications for long term trends in natural gas demand, supply/demand balances and prices. The power generating sector represents a particular class of gas consumers that reduce operating rates of gas fired plants and increase operating rates of other plants. Some gas consumers even shut down plants until gas prices declines and relative economies improve. Some practical considerations for fuel switching include storage tank capacity, domestic refinery production, winter heating season, and decline in working gas storage. tabs., figs

  5. Entanglement Between Demand and Supply in Markets with Bandwagon Goods

    Science.gov (United States)

    Gordon, Mirta B.; Nadal, Jean-Pierre; Phan, Denis; Semeshenko, Viktoriya

    2013-05-01

    Whenever customers' choices (e.g. to buy or not a given good) depend on others choices (cases coined `positive externalities' or `bandwagon effect' in the economic literature), the demand may be multiply valued: for a same posted price, there is either a small number of buyers, or a large one—in which case one says that the customers coordinate. This leads to a dilemma for the seller: should he sell at a high price, targeting a small number of buyers, or at low price targeting a large number of buyers? In this paper we show that the interaction between demand and supply is even more complex than expected, leading to what we call the curse of coordination: the pricing strategy for the seller which aimed at maximizing his profit corresponds to posting a price which, not only assumes that the customers will coordinate, but also lies very near the critical price value at which such high demand no more exists. This is obtained by the detailed mathematical analysis of a particular model formally related to the Random Field Ising Model and to a model introduced in social sciences by T.C. Schelling in the 70's.

  6. Estimating Demand Response Market Potential Among Large Commercialand Industrial Customers:A Scoping Study

    Energy Technology Data Exchange (ETDEWEB)

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

    2007-01-01

    Demand response is increasingly recognized as an essentialingredient to well functioning electricity markets. This growingconsensus was formalized in the Energy Policy Act of 2005 (EPACT), whichestablished demand response as an official policy of the U.S. government,and directed states (and their electric utilities) to considerimplementing demand response, with a particular focus on "price-based"mechanisms. The resulting deliberations, along with a variety of stateand regional demand response initiatives, are raising important policyquestions: for example, How much demand response is enough? How much isavailable? From what sources? At what cost? The purpose of this scopingstudy is to examine analytical techniques and data sources to supportdemand response market assessments that can, in turn, answer the secondand third of these questions. We focus on demand response for large(>350 kW), commercial and industrial (C&I) customers, althoughmany of the concepts could equally be applied to similar programs andtariffs for small commercial and residential customers.

  7. Teaching Keynes's Principle of Effective Demand Using the Aggregate Labor Market Diagram.

    Science.gov (United States)

    Dalziel, Paul; Lavoie, Marc

    2003-01-01

    Suggests a method to teach John Keynes's principle of effective demand using a standard aggregate labor market diagram familiar to students taking advanced undergraduate macroeconomics courses. States the analysis incorporates Michal Kalecki's version to show Keynesian unemployment as a point on the aggregate labor demand curve inside the…

  8. 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…

  9. Educational Mismatch between Graduates' Possessed Skills and Market Demands in Pakistan

    Science.gov (United States)

    Uzair-ul-Hassan, Muhammad; Noreen, Zahida

    2013-01-01

    Educational mismatch in skills that graduates possess and market requires creates barriers for organizations as well as for job seekers. The study was conducted to find out the educational mismatch between graduates possessed skills and market demands. Convenient sampling was carried out and data were collected from 200 graduates of economics…

  10. 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

    2017-01-01

    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...... and reveal that salmon and cod have the strongest market position while monkfish and pangasius have the weakest. In general, the demand for seafood is moderately sensitive to price (market elasticity of -1.31). Large and low income households, female consumers, people in the age range 35-44 years and self......-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....

  11. 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.

  12. 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.

  13. Commercial Opportunities and Market Demand for Nanotechnologies in Agribusiness Sector

    Directory of Open Access Journals (Sweden)

    Vincent Sabourin

    2015-04-01

    Full Text Available Agribusiness is projected to be a $ 2.9 trillion USD industry in global investment by 2030 (World Bank 2013. Nanotechnology is poised to impact dramatically on all sectors of agribusiness industry in the next 10 years. Nanotechnology could be used to enhance the possibilities of developing conventional and stranded agribusiness resources. Nanotechnology can make the industry considerably greener and competitive, with its current growth rate of 25% (US$ 1.08billion annually. The opportunity for application of nanotechnology in agricul¬ture is prodigious. Nanotechnology, focusing on special properties of materials emerging from nanometric size has the potential to revolutionize the agricultural and food sectors, biomedicine, environmental engineering, safety and security, water resources, energy conversion, and numerous other areas. It is well recognized that adoption of new technology is crucial in accu-mulation of global wealth and market value which now stand at US$ 1.09 trillion in estimated value. Nanotechnology has emerged as a technological advancement that could develop and transform the entire agri-food sector, with the potential to increase agricultural productivity, food security and economic growth for industries by atleast 30% (Aver. US$0.9 trillion. This review set out to address the implications of nanotechnology for the agri-food industry by examining the potential benefits, risks and opportunities.

  14. 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

  15. Pricing decision research for TPL considering different logistics service level influencing the market demand

    Directory of Open Access Journals (Sweden)

    Wei Li

    2013-03-01

    Full Text Available Purpose: With the rapid development of economy and the support of government policy, the development of the logistics industry has become a new economic growth engine. As we all know, the reasonable price of logistics service is the most critical factor for logistics enterprises to win market share and make profit. At the same time, the service level is one of the most important factors which will influence the size of the market share. Therefore, this paper constructs a pricing model considering a situation that the logistics service level affects the market demand. This model helps the enterprises to make scientific decisions.Methodology: To achieve this objective, this paper constructs the TPL service and the pricing decision models based on the game theory.Findings: The conclusion shows that under the situation of independent decision-making, the enterprise which has strong ability of logistics service does not necessarily have a competitive advantage, while pricing equilibrium under the situation of joint decision-making, not only make both sides get more income, but also be conducive to improve the level of service.Research limitations: In this research, there are some assumptions that might affect the accuracy the model such as there are only two TPL enterprises to participate in, and considerations are taken under the condition of complete information environment. These assumptions can be relaxed in the future work.Originality: In this research, logistics service level is taken account into the areas of logistics service pricing, which makes the models more practical and more perfect. And this paper constructs game models based on game theory to make up the limitations of traditional pricing theories in logistics service pricing.

  16. 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.

  17. 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.

  18. 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.

  19. 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…

  20. 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

  1. On the integration of financial markets: How strong is the evidence from five international stock markets?

    Science.gov (United States)

    Bentes, Sónia R.

    2015-07-01

    This paper examines the integration of financial markets using data from five international stock markets in the context of globalization. The theoretical basis of this study relies on the price theory and the Law of One Price, which was adjusted to the framework of financial markets. When price levels are nonstationary, cointegration and the error correction model constitute a powerful tool for the empirical examination of market integration. The error correction model provides a fully dynamic framework that allows to separating the long and the short run effects of the integration process. A dataset encompassing the daily stock price series of the PSI 20 (Portugal), IBEX 35 (Spain), FTSE 100 (UK), NIKKEI 225 (Japan) and SP 500 (US) indices from January 4th 1999 to September 19th 2014 is employed. The results highlight that these five stock markets are linked together by just one long-run relationship, although short-run movements are also present, which causes distinct deviations from the long-run equilibrium relationship. Endogeneity prevails in the system as a whole. While market integration in the sense of the Law of One Price holds, pairwise full price transmission has limited evidence. The results therefore show that stock market price movements are highly nonlinear and complex.

  2. 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)

  3. Demand Determinants of Cruise Tourism in Competitive Markets: Motivation, Preference, and Intention

    OpenAIRE

    Chen, Jamie

    2015-01-01

    The purpose of this study is to develop and estimate an integrated structural path model of the determinants of cruise demand, based on the nexus of motivation, preference, and intention of cruise tourists. The paper aims to identify the drivers of this demand in a growing competitive world market. Our model results show that different cruise motives have significant positive or negative effect on specific customer preferences and intentions, while some significant relationships between speci...

  4. The Effects of Market Concentration and Excess Demand on the Price of Nursing Home Care.

    OpenAIRE

    Nyman, John A

    1994-01-01

    Certificate-of-need laws and construction moratoria are policies designed to control government expenditures by limiting the number of nursing home beds in an area. These policies also represent barriers to entry and can result in excess demand. This study investigates the effect of market concentration and excess demand on private prices for nursing home care. The author finds evidence that both factors are associated with higher prices. Because higher prices may cause private patients to ex...

  5. The elasticity of drugs demand in Colombia’s pharmaceutical market

    OpenAIRE

    Johanna Vásquez Velásquez; Karoll Gómez Portilla; Elkin Castaño Vélez; José Vicente Cadavid Herrera; Andrés Ramírez Hassan

    2013-01-01

    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 expe...

  6. Actual and potential development of consumer demand on the organic food market in Europe

    DEFF Research Database (Denmark)

    Jensen, Katherine O'Doherty; Denver, Sigrid; Zanolic, R.

    2011-01-01

    Development of demand for organic foods on three European markets (Denmark, Italy and UK) was investigated by means of quantitative analysis of household panel data and qualitative analysis of consumer life stories and shopping patterns. Potential development was investigated by means of scenario...... will be distributed more widely on national markets, and whether support for research and conversion of organic production systems on the part of public authorities is enhanced....

  7. 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

  8. 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...

  9. 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

  10. 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.

  11. 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

    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....... 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...

  12. 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...

  13. A NEED, A DESIRE, A REQUIREMENTAS SUCCESSIVE STAGES IN THEFORMATION OF MARKET DEMAND

    Directory of Open Access Journals (Sweden)

    Anatoly V. Korotkov

    2015-01-01

    Full Text Available In this article attention is focused on the consideration of consumer needs, desires and requirements as successive stages of formation of individual market demand. A logical sequence of definitions formed, when the subsequent category is determined through the previous category and serves as a basis for determining subsequent categories.

  14. 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

  15. 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.

  16. 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…

  17. 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…

  18. 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

  19. 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.

  20. A 'demand side' estimate of the dollar value of the cannabis black market in New Zealand.

    Science.gov (United States)

    Wilkins, Chris; Bhatta, Krishna; Casswell, Sally

    2002-06-01

    The dollar value of an illicit drug market is an important statistic in drug policy analysis. It can be used to illustrate the scale of the trade in a drug; evaluate its impact on a local community or nation; provide an indication of the level of criminality related to a drug; and can inform discussions of future drug policy options. This paper calculates the first ever demand side estimates of the New Zealand cannabis black market. The estimates produced are calculated using cannabis consumption data from the Alcohol & Public Health Research Unit's (APHRU) 1998 National Drug Survey. The wholesale value of the market is estimated to be 81.3-104.6 million dollars a year, and the retail value of the market is estimated to be 131.3-168.9 million dollars a year. These demand side estimates are much lower than the existing supply side estimates of the market calculated using police seizures of cannabis plants. The retail figure is four times lower than the lowest national supply side estimate (636 million dollars) and seven times lower than the highest national supply side estimate (1.27 billion dollars). The demand side estimates suggest a much smaller cannabis economy to fuel organized criminal activity in New Zealand than previous estimates implied.

  1. 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.

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

    DEFF Research Database (Denmark)

    Katz, Jonas

    2014-01-01

    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...... participants. The roll-out of smart metering to electricity consumers is an important precondition to establishing a flexible demand side and will provide essential information flows. On the basis of current incentive structures and related risks, however, the pass-through of information and value from...... 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...

  3. 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

  4. 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

  5. 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).

  6. 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.

  7. 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.

  8. 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

  9. 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...... 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...... 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...

  10. 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.

  11. 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.

  12. 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.

  13. 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

  14. 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.

  15. 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

  16. Religious Pluralism, Religious Market Shares and the Demand for Religious Schooling

    OpenAIRE

    Danny Cohen-Zada; Todd Elder

    2012-01-01

    We develop a model of school choice in which the demand for religious schooling is driven partly by the desire of parents to limit their children’s exposure to the influences of competing religions. This framework links the literature on the effects of religious market shares on the within-denomination intensity of religious activity with a separate literature relating religious pluralism to the overall level of religious participation. The model predicts that when a religious group’s share o...

  17. 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...

  18. 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.

  19. 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.

  20. 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.

  1. 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)

  2. 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

  3. An overview of the functional food market: from marketing issues and commercial players to future demand from life in space.

    Science.gov (United States)

    Vergari, Francesca; Tibuzzi, Arianna; Basile, Giovanni

    2010-01-01

    Companies in the food industry have high expectations for food products that meet the consumers' demand for a healthy life style. In this context Functional Food plays a specific role. These foods are not intended only to satisfy hunger and provide the necessary human nutrients, but also to prevent nutrition-related diseases and increase the physical and mental well-being of their consumer. Among participants in space science and missions, recognition of nutraceuticals and dietary supplements is growing for their potential in reducing health risks and to improve health quality and eating habits during long-term flights and missions. In 2008 the entire functional foods market was worth over an estimated US $80 billion, with the US holding a majority share in the nutraceuticals market (35%) followed byJapan (25%) and with the ever-growing European market, currently estimated at US$8 billion. India and China are the two major countries known for their production of traditional functional food products and nutraceuticals, but other South-East Asian countries and Gulf nations are developing potential markets.

  4. [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.

  5. 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.

  6. 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.

  7. 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).

  8. 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.

  9. Proceedings of the Chinese-American symposium on energy markets and the future of energy demand

    Energy Technology Data Exchange (ETDEWEB)

    Meyers, S. (ed.)

    1988-11-01

    The Symposium was organized by the Energy Research Institute of the State Economic Commission of China, and the Lawrence Berkeley Laboratory and Johns Hopkins University from the United States. It was held at the Johns Hopkins University Nanjing Center in late June 1988. It was attended by about 15 Chinese and an equal number of US experts on various topics related to energy demand and supply. Each presenter is one of the best observers of the energy situation in their field. A Chinese and US speaker presented papers on each topic. In all, about 30 papers were presented over a period of two and one half days. Each paper was translated into English and Chinese. The Chinese papers provide an excellent overview of the emerging energy demand and supply situation in China and the obstacles the Chinese planners face in managing the expected increase in demand for energy. These are matched by papers that discuss the energy situation in the US and worldwide, and the implications of the changes in the world energy situation on both countries. The papers in Part 1 provide historical background and discuss future directions. The papers in Part 2 focus on the historical development of energy planning and policy in each country and the methodologies and tools used for projecting energy demand and supply. The papers in Part 3 examine the pattern of energy demand, the forces driving demand, and opportunities for energy conservation in each of the major sectors in China and the US. The papers in Part 4 deal with the outlook for global and Pacific region energy markets and the development of the oil and natural gas sector in China.

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

    DEFF Research Database (Denmark)

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

    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...... 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...

  11. Time-Dependent Variational Inequality for an Oligopolistic Market Equilibrium Problem with Production and Demand Excesses

    Directory of Open Access Journals (Sweden)

    Annamaria Barbagallo

    2012-01-01

    Full Text Available The paper is concerned with the variational formulation of the oligopolistic market equilibrium problem in presence of both production and demand excesses. In particular, we generalize a previous model in which the authors, instead, considered only the problem with production excesses, by allowing also the presence of demand excesses. First we examine the equilibrium conditions in terms of the well-known dynamic Cournot-Nash principle. Next, the equilibrium conditions will be expressed in terms of Lagrange multipliers by means of the infinite dimensional duality theory. Then, we show the equivalence between the two conditions that are both expressed by an appropriate evolutionary variational inequality. Moreover, thanks to the variational formulation, some existence and regularity results for equilibrium solutions are proved. At last, a numerical example, which illustrates the features of the problem, is provided.

  12. 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

  13. 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...

  14. 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

    . 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...... 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...

  15. The future of energy markets: tensions between the conflicting demands of competition and politics

    International Nuclear Information System (INIS)

    Wild, E.

    2000-01-01

    It clearly shows that the whole energy sector is on the move, pulled this way and that by the conflicting demands of competition and politics. The utilities face enormous pressure on costs, while customers enjoy an unprecedented measure of freedom. No one can avoid the pressure of the market, not even politicians. The latter should recognize that there is no point in hobbling an industry that has to face up to the European competition, and that fair conditions of competition are essential. If the political conditions are right, the current tensions may ultimately turn out to be fruitful and release new energies from which all will profit. (orig.) [de

  16. 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.

  17. 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

  18. 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.

  19. 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.

  20. Finances of Homesteads and Their Role in Ensuring Demand and Supply in the Investment Market

    Directory of Open Access Journals (Sweden)

    Ramskiy Andriy Yu.

    2013-12-01

    Full Text Available The article is devoted to finances of homesteads as the main prerequisite of ensuring demand and supply in the investment market in Ukraine. It pays significant attention to clarification of the “finances of homesteads” definition. It detect the sources of formation and directions of use of financial resources of homesteads. It clarifies the composition of own and attracted financial resources of homesteads. Directions of use of financial resources by the balance approach include consumer expenditures, expenditures for acquisition of long-life commodities, real estate, land lots and investments (acquisition of investment products. The article reveals the dual role of non-circulating assets of homesteads depending on their use (personal or entrepreneurial for getting income. It also reveals factors that influence changing movement (flows of financial resources of homesteads. It develops a format for balancing financial resources of homesteads by the indirect method and by the end use (assessment of financial state, formation of income and expenditures and movement of financial resources. It identifies the role of finances of homesteads in ensuring demand and supply in the investment market.

  1. 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.

  2. Demand Side Management in a competitive European market: Who should be responsible for its implementation?

    International Nuclear Information System (INIS)

    Didden, Marcel H.; D'Haeseleer, William D.

    2003-01-01

    Demand side management (DSM), more specifically energy efficiency, is standing in the spotlight due to the Kyoto commitments. An additional factor, the liberalization of the electricity markets, causes every country to review its own DSM activities. Especially in Europe, where the directive for opening the electricity market has a direct impact on the current DSM frameworks, governments will have to consider a change in this framework. In order to achieve this, much research has been done in the past years on how to change the DSM framework in a way that the requirements of both liberalization and the Kyoto Protocol will be met. In this paper, we review the current DSM activities and ongoing research from the starting point 'who should be responsible for implementing DSM'. We conclude that countries have to make explicit choices on how to arrange their DSM activities for the different customers groups. They have to be aware of the fact that some combinations of DSM activities will lead to counter-productive results and therefore inefficiency. This paper also investigates which of these DSM activities fits best in the open market; a critical review of Integrated Resource Planning (IRP) is used as a starting point. We agree with various proponents of IRP that planning towards minimal societal costs is theoretically appropriate, looking from a societal point of view. We also indicate in this paper that the planning process IRP is partly applicable in the open market. But looking at the practical application of IRP in the past, we must conclude that there are better alternatives for achieving energy efficient goals in a liberalized market

  3. 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

  4. Maternity Leave Policies: Trade-Offs Between Labour Market Demands and Health Benefits for Children.

    Science.gov (United States)

    Strang, Lucy; Broeks, Miriam

    2017-01-01

    Over recent years many European Union countries have made changes to the design of the maternity leave provision. These policy developments reflect calls for greater gender equality in the workforce and more equal share of childcare responsibilities. However, while research shows that long period of leave can have negative effects on women's labour market attachment and career advancements, early return to work can be seen as a factor preventing exclusive breastfeeding, and therefore, potentially having negative health impacts for babies. Indeed, the World Health Organisation recommends exclusive breastfeeding up to 6 months of age to provide babies with the nutrition for healthy growth and brain development, protection from life-threatening ailments, obesity and non-communicable diseases such as asthma and diabetes. Therefore, labour market demands on women may be at odds with the health benefits for children gained by longer periods of maternity leave. The aim of this article is to examine the relationship between leave provision and health benefits for children. We examine maternity and parental leave provision across European countries and its potential impact on the breastfeeding of very young babies (up to 6-months of age). We also consider economic factors of potential extension of maternity leave provision to 6 months, such as costs to businesses, effects on the female labour market attachment, and wider consequences (benefits and costs) for individuals, families, employers and the wider society.

  5. 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.

  6. The structural role of weak and strong links in a financial market network

    Science.gov (United States)

    Garas, A.; Argyrakis, P.; Havlin, S.

    2008-05-01

    We investigate the properties of correlation based networks originating from economic complex systems, such as the network of stocks traded at the New York Stock Exchange (NYSE). The weaker links (low correlation) of the system are found to contribute to the overall connectivity of the network significantly more than the strong links (high correlation). We find that nodes connected through strong links form well defined communities. These communities are clustered together in more complex ways compared to the widely used classification according to the economic activity. We find that some companies, such as General Electric (GE), Coca Cola (KO), and others, can be involved in different communities. The communities are found to be quite stable over time. Similar results were obtained by investigating markets completely different in size and properties, such as the Athens Stock Exchange (ASE). The present method may be also useful for other networks generated through correlations.

  7. 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

  8. 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

  9. 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

    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...... 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...

  10. 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.

  11. Forecasting the Electricity Demand and Market Shares in Retail Electricity Market Based on System Dynamics and Markov Chain

    OpenAIRE

    Qingyou Yan; Chao Qin; Mingjian Nie; Le Yang

    2018-01-01

    Due to the deregulation of retail electricity market, consumers can choose retail electric suppliers freely, and market entities are facing fierce competition because of the increasing number of new entrants. Under these circumstances, forecasting the changes in all market entities, when market share stabilized, is important for suppliers making marketing decisions. In this paper, a market share forecasting model was established based on Markov chain, and a system dynamics model was construct...

  12. Sluggish growth of World energy demand in 2011. Sharp demand decrease in most OECD countries, largely compensated by a healthy Chinese market. Enerdata analyses the trends in energy demand, based on its 2011 data for G20 countries, May 24, 2012

    International Nuclear Information System (INIS)

    2012-01-01

    Analysis of the energy consumption in 2011 of major countries by Enerdata, based on our global energy database. The energy consumption growth in the G20 slowed down to 2% in 2011, after the strong increase of 2010. The economic crisis is largely responsible for this slow growth. For several years now, the world energy demand is characterized by the bullish Chinese and Indian markets, while developed countries struggle with stagnant economies, high oil prices, resulting in stable or decreasing energy consumption. (authors)

  13. 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)

  14. Coordinating two-period ordering and advertising policies in a dynamic market with stochastic demand

    Science.gov (United States)

    Wang, Junping; Wang, Shengdong; Min, Jie

    2015-03-01

    In this paper, we study the optimal two-stage advertising and ordering policies and the channel coordination issues in a supply chain composed of one manufacturer and one retailer. The manufacturer sells a short-life-cycle product through the retailer facing stochastic demand in dynamic markets characterised by price declines and product obsolescence. Following a two-period newsvendor framework, we develop two members' optimal ordering and advertising models under both the centralised and decentralised settings, and present the closed-form solutions to the developed models as well. Moreover, we design a two-period revenue-sharing contract, and develop sufficient conditions such that the channel coordination can be achieved and a win-win outcome can be guaranteed. Our analysis suggests that the centralised decision creates an incentive for the retailer to increase the advertising investments in two periods and put the purchase forward, but the decentralised decision mechanism forces the retailer to decrease the advertising investments in two periods and postpone/reduce its purchase in the first period. This phenomenon becomes more evident when demand variability is high.

  15. ASSESSMENT OF TOURISM SUPPLY, DEMAND AND MARKET TRENDS IN CRAIOVA CITY, ROMANIA

    Directory of Open Access Journals (Sweden)

    Amalia BĂDIȚĂ

    2012-12-01

    Full Text Available Tourism is a phenomenon that can contribute to the economic success of a city or even to its social dynamism, so that in recent years there is an increasing trend and active promotion of the tourism industry in many cities in Europe, Romania also trying to align with the European trends. Urban tourism as a category of tourism resources and activities within a city is a complex and multifunctional form of tourism. Its development is directly influenced by the permissiveness of local, regional and national policy but lately also by the new marketing and tourism promotion strategies and actions and by the proper receptivity of these strategies. This study aims at analysing quantitatively and qualitatively the urban tourism phenomenon (tourism supply and demand in Craiova city, the county seat of Dolj and an urban growth pole of the Oltenia development region, in order to highlight the tourism market trends and to obtain a tourism diagnosis. The prognosis of the tourism activity done by using the TALC model can help the authorities, who started to focus on this sector, which was less capitalized in the city due to the functional economic profile focused initially on industry and commerce.

  16. 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

  17. Why do successful restaurants not raise their prices? : Market forces of demand and the all-or-nothing demand curve

    NARCIS (Netherlands)

    Folmer, Henk; Leen, Auke

    Becker (J Political Econ 99:1109-1116, 1991) addresses the problem of persistent queues at popular restaurants. He poses the question why such restaurants do not raise their prices, thus reducing the queues while expanding profits. He presents a solution based on the assumption that demand by a

  18. 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

  19. The Effects of Banning Advertising on Demand, Supply and Welfare: Structural Estimation on a Junk Food Market

    OpenAIRE

    Dubois, Pierre; Griffith, Rachel; O'Connell, Martin

    2014-01-01

    Restricting advertising is one way governments seek to reduce consumption of potentially harmful goods. There have been increasing calls to apply a similar policy to the junk food market. The effect will depend on how brand advertising influences consumer demand, and on the strategic pricing response of oligopolistic firms. We develop a model of consumer demand and dynamic oligopoly supply in which multi-product firms compete in prices and advertising budgets. We model the impact of advertisi...

  20. 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

  1. 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...

  2. Markets

    Science.gov (United States)

    David N. Wear; Jeffrey Prestemon; Robert Huggett; Douglas Carter

    2013-01-01

    Key FindingsAlthough timber production in the South more than doubled from the 1960s to the late 1990s, output levels have declined over the last 10 years, signaling structural changes in timber markets.For softwood products, production declines are most clearly related to demand issues. Demand for softwood solid wood products...

  3. Marketing-Stimulated Word-of-Mouth: A Channel for Growing Demand.

    Science.gov (United States)

    Gombeski, William R; Martin, Becky; Britt, Jason

    2015-01-01

    Marketing-stimulated word-of-mouth (WOM) marketing has been poorly understood in health care, leading to it being underappreciated and underutilized by marketers. A study of new patients to a new runner's clinic was conducted to understand how they chose the program. The importance of marketing-stimulated WOM, both individual and organizational, is documented. Marketing-stimulated WOM is an often overlooked and rarely measured channel for increasing the impact of marketing programs.

  4. The making of a market. Supply- and demand-side perspectives on institutional innovation in Sweden's wood fuel use

    International Nuclear Information System (INIS)

    2001-01-01

    This thesis documents and analyses the rapidly increasing wood fuel use in Sweden in five separate studies of prominent actors in the making of the wood fuel market. These studies report government policy, forest owners' incentives, and district heating companies' experiences. The development of wood fuel use is examined as a story of technological and institutional change initially prompted by government policy. The change has involved dedicated action among all of the actors, with the Swedish government initiating new policies, legislation, and information activities, with district heating companies investing in new technology and trading, and with forest owners making new decisions on forest management practices. Institutional change in the wood fuel sector, in other words, is the result of innovation on the part of the actors involved. The papers included in the study identify and analyse concerns of the actors involved in making the wood fuel market. Within the district heating sector, transaction costs, as measured by problems to trade perceived by managements, have decreased with learning. Transformation costs, due to technical problems, are not perceived to have followed this trend. Technical investments in heat production have a long technical life time and demand large investment costs. This in turn means long planning and decision periods. Investments are made for a number of company-specific reasons, perhaps most importantly simply to increase heat and/or electricity generation capacity. Policy instruments may tip a decision in favor of wood fuels, but they could not be the single parameter determining company investments. Two kinds of forest owners selling wood fuels were identified, a forest manager type who acts more on his/her own initiative, and another kind, who relies more on the advice of the traditional timber buyer. Forest owners selling wood fuels contemplating whether to sell wood fuels or not are strongly influenced by soil fertility

  5. 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)…

  6. Effect of policy-based bioenergy demand on southern timber markets: A case study of North Carolina

    Science.gov (United States)

    Robert C. Abt; Karen L. Abt; Frederick W. Cubbage; Jesse D. Henderson

    2010-01-01

    Key factors driving renewable energy demand are state and federal policies requiring the use of renewable feedstocks to produce energy (renewable portfolio standards) and liquid fuels (renewable fuel standards). However, over the next decade, the infrastructure for renewable energy supplies is unlikely to develop as fast as both policy- and market-motivated renewable...

  7. Immigration and the Structure of Demand: Do Immigrants Alter the Labor Market Composition of U.S. Cities?

    Science.gov (United States)

    Linton, April

    2002-01-01

    Explores the relationship between immigration and labor market demand in metropolitan areas using information about the occupational distribution of recent immigrants and natives to analyze circumstances under which the two groups compete with or complement each other. Overall, many immigrants fill occupational niches that would not exist in their…

  8. Urban Demand Responsive Transport in the Mobility as a Service Ecosystem: Its Role and Potential Market Share

    NARCIS (Netherlands)

    Alonso González, M.J.; van Oort, N.; Cats, O.; Hoogendoorn, S.P.

    2017-01-01

    Mobility as a Service (MaaS) is entering the transportation market. MaaS aims at the full integration of the existing transportation services and it offers tailored mobility packages to the user. In MaaS ecosystems, on-demand services play an important role as complement to public transport due to

  9. Important Factors for Early Market Microgrids: Demand Response and Plug-in Electric Vehicle Charging

    Science.gov (United States)

    White, David Masaki

    Microgrids are evolving concepts that are growing in interest due to their potential reliability, economic and environmental benefits. As with any new concept, there are many unresolved issues with regards to planning and operation. In particular, demand response (DR) and plug-in electric vehicle (PEV) charging are viewed as two key components of the future grid and both will likely be active technologies in the microgrid market. However, a better understanding of the economics associated with DR, the impact DR can have on the sizing of distributed energy resource (DER) systems and how to accommodate and price PEV charging is necessary to advance microgrid technologies. This work characterizes building based DR for a model microgrid, calculates the DER systems for a model microgrid under DR through a minimization of total cost, and determines pricing methods for a PEV charging station integrated with an individual building on the model microgrid. It is shown that DR systems which consist only of HVAC fan reductions provide potential economic benefits to the microgrid through participation in utility DR programs. Additionally, peak shaving DR reduces the size of power generators, however increasing DR capacity does not necessarily lead to further reductions in size. As it currently stands for a microgrid that is an early adopter of PEV charging, current installation costs of PEV charging equipment lead to a system that is not competitive with established commercial charging networks or to gasoline prices for plug-in hybrid electric vehicles (PHEV).

  10. Creating demand for foreign brands in a 'home run' market: tobacco company tactics in South Korea following market liberalisation.

    Science.gov (United States)

    Lee, Sungkyu; Lee, Kelley; Holden, Chris

    2014-05-01

    To analyse the tactics transnational tobacco companies (TTCs) used to increase market share in South Korea after market liberalisation in 1988, and the subsequent impact of TTCs' activities on the domestic industry and ultimately public health. Internal tobacco industry documents were searched iteratively and analysed by keyword related to strategies for increasing market share in Korea since liberalisation. Following market liberalisation, TTCs faced entrenched cultural and institutional barriers in Korea which hindered increased sales of cigarette imports. TTCs identified population groups more favourably inclined towards imported brands, developed new distribution channels and used promotional activities targeting these groups. The growth in market share by TTCs suggests that these activities were successful at challenging the Korea Tobacco & Ginseng Corporation (KTGC) monopoly. In response, KTGC shifted to a proactive marketing approach and adopted strategies similar to TTCs. This, in turn, made the Korean market highly competitive. Findings show that, after market liberalisation, there was an upward trend in cigarette consumption and smoking prevalence among the targeted population groups, notably youth and young women. Governments engaging in trade negotiations that may lead to the opening of domestic tobacco markets need a fuller understanding of previous industry activities for expanding into emerging markets as well as how the domestic industry can change accordingly. To protect public health, the adoption of comprehensive tobacco control measures, guided by WHO Framework Convention on Tobacco Control, are needed as part of such negotiations.

  11. 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.

  12. 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

  13. 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.

  14. The extent to which ATP demand controls the glycolytic flux depends strongly on the organism and conditions for growth

    DEFF Research Database (Denmark)

    Købmann, Brian Jensen; Westerhoff, H.V.; Snoep, J.L.

    2002-01-01

    Using molecular genetics we have introduced uncoupled ATPase activity in two different bacterial species, Escherichia coli and Lactococcus lactis, and determined the elasticities of the growth rate and glycolytic flux towards the intracellular [ATP]/[ADP] ratio. During balanced growth in batch...... cultures of E. coli the ATP demand was found to have almost full control on the glycolytic flux (FCC=0.96) and the flux could be stimulated by 70%. In contrast to this, in L. lactis the control by ATP demand on the glycolytic flux was close to zero. However, when we used non-growing cells of L. lactis...... (which have a low glycolytic flux) the ATP demand had a high flux control and the flux could be stimulated more than two fold. We suggest that the extent to which ATP demand controls the glycolytic flux depends on how much excess capacity of glycolysis is present in the cells....

  15. 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.

  16. 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.

  17. 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.

  18. 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.

  19. 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......, 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....

  20. Cell therapy companies make strong progress from October 2012 to March 2013 amid mixed stock market sentiment.

    Science.gov (United States)

    Mason, Chris; Mason, Julian; Culme-Seymour, Emily J; Bonfiglio, Gregory A; Reeve, Brock C

    2013-06-06

    During Q4 2012 and Q1 2013, the cell therapy industry made strong progress in translation and commercialization. Continued development of the companies included in a dedicated stock market index suggests emergence of this industry as a distinct healthcare sector. Copyright © 2013 Elsevier Inc. All rights reserved.

  1. Social Welfare implications of demand response programs in competitive electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-08-01

    The price volatility exhibited by wholesale electricity markets has stymied the movement to restructure the industry, and may derail it altogether. Market designers argue that prices are superior to regulation for directing long-term investments to the proper location and function, and that price volatility is a natural manifestation of a robustly competitive market. However, episodes of prices that soar to previously unimaginable heights try customers' patience and cause policy makers to reconsider if the prize is worth the consequences.

  2. Behavioral indicators of household decision-making and demand for sanitation and potential gains from social marketing in Ghana.

    Science.gov (United States)

    Jenkins, Marion W; Scott, Beth

    2007-06-01

    Household demand for improved sanitation in developing countries is an important social and behavioral process with implications for public health, sanitation policy and planning, and sanitation design and technology development. This paper develops a behavioral approach to assess household demand for improved sanitation in Ghana. Adoption decision stages of preference, intention, and choice to install a toilet in Ghana are defined, measured in a survey, and used to estimate sanitation demand, identify factors affecting demand at each stage, and classify households by adoption stage to identify targeted demand-stimulation strategies. Results from a representative national sample of 536 households indicate that of 74% of households without any home sanitation, 31% have some likelihood of installing a toilet within the next year, but only 6% are very likely to do so; 62% had not considered the idea. Motivating and constraining factors are compared at each adoption stage and strategies likely to increase toilet installation in Ghana discussed. The approach is useful for assessing behavioral indicators of sanitation demand in developing countries and suggesting where marketing approaches can and cannot work to accelerate adoption of household sanitation improvements.

  3. Predictive Control of Demand Side Units Participating in the Primary Frequency Reserve Market

    DEFF Research Database (Denmark)

    Biegel, Benjamin; Stoustrup, Jakob; Andersen, Palle

    2013-01-01

    We consider an aggregator controlling a mixed portfolio of conventional power generators and demand side units. The generators are controllable within certain power and ramp limitations while the demand side units are characterized by flexible consumptions and therefore can be treated as energy...

  4. Benchmarking HEI impact on students' soft skills development with labour market demands

    DEFF Research Database (Denmark)

    Jørgensen, Henning P.; Roth, Eva

    Report on an international comprison of students' and companies attitudes regarding soft skills aiming at securing correspondence between students perception of own skills and companies demands.......Report on an international comprison of students' and companies attitudes regarding soft skills aiming at securing correspondence between students perception of own skills and companies demands....

  5. Finding the food-fuel balance. Supply and demand dynamics in global vegetable oil markets

    Energy Technology Data Exchange (ETDEWEB)

    Savanti, P.

    2012-10-15

    Demand for vegetable oils for food and biofuel use is expected to increase by an additional 23 million tonnes by 2016; however supply is expected to struggle to keep up with this demand, according to this Rabobank report. Vegetable oil stocks have reached a 38 year low this year due in large part to constraints such as land availability and adverse weather.

  6. 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

  7. 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...

  8. Game design as marketing: How game mechanics create demand for virtual goods

    Directory of Open Access Journals (Sweden)

    Lehdonvirta, V.

    2010-01-01

    Full Text Available Selling virtual goods for real money is an increasingly popular revenue model for massively-multiplayer online games (MMOs, social networking sites (SNSs and other online hangouts. In this paper, we argue that the marketing of virtual goods currently falls short of what it could be. Game developers have long created compelling game designs, but having to market virtual goods to players is a relatively new situation to them. Professional marketers, on the other hand, tend to overlook the internal design of games and hangouts and focus on marketing the services as a whole. To begin bridging the gap, we propose that the design patterns and game mechanics commonly used in games and online hangouts should be viewed as a set of marketing techniques designed to sell virtual goods. Based on a review of a number of MMOs, we describe some of the most common patterns and game mechanics and show how their effects can be explained in terms of analogous techniques from marketing science. The results provide a new perspective to game design with interesting implications to developers. Moreover, they also suggest a radically new perspective to marketers of ordinary goods and services: viewing marketing as a form of game design.

  9. Purposing Division Strategy for Pharmaceutical Producer Dexa Medica in the Demanding Market

    Science.gov (United States)

    Setiawati, Cut Irna; Wahyono, Agatha Christy

    2017-01-01

    This research aims to purpose the division strategy for a pharmaceutical producer in Kalimantan area, named Dexa Medica Samarinda. Currently, this firm is facing a competitive market condition and evolving a decline position in the market. This research uses qualitative research method by organising intensive interview to important informants so…

  10. Estimating deficit probabilities with price-responsive demand in contract-based electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Galetovic, Alexander [Facultad de Ciencias Economicas y Empresariales, Universidad de los Andes, Santiago (Chile); Munoz, Cristian M. [Departamento de Ingenieria Electrica, Universidad de Chile, Mariano Sanchez Fontecilla 310, piso 3 Las Condes, Santiago (Chile)

    2009-02-15

    Studies that estimate deficit probabilities in hydrothermal systems have generally ignored the response of demand to changing prices, in the belief that such response is largely irrelevant. We show that ignoring the response of demand to prices can lead to substantial over or under estimation of the probability of an energy deficit. To make our point we present an estimation of deficit probabilities in Chile's Central Interconnected System between 2006 and 2010. This period is characterized by tight supply, fast consumption growth and rising electricity prices. When the response of demand to rising prices is acknowledged, forecasted deficit probabilities and marginal costs are shown to be substantially lower. (author)

  11. Estimating deficit probabilities with price-responsive demand in contract-based electricity markets

    International Nuclear Information System (INIS)

    Galetovic, Alexander; Munoz, Cristian M.

    2009-01-01

    Studies that estimate deficit probabilities in hydrothermal systems have generally ignored the response of demand to changing prices, in the belief that such response is largely irrelevant. We show that ignoring the response of demand to prices can lead to substantial over or under estimation of the probability of an energy deficit. To make our point we present an estimation of deficit probabilities in Chile's Central Interconnected System between 2006 and 2010. This period is characterized by tight supply, fast consumption growth and rising electricity prices. When the response of demand to rising prices is acknowledged, forecasted deficit probabilities and marginal costs are shown to be substantially lower. (author)

  12. 75 FR 54063 - Demand Response Compensation in Organized Wholesale Energy Markets; Technical Conference

    Science.gov (United States)

    2010-09-03

    ... staff-led technical conference regarding two issues pertaining to demand response compensation, as... be available. Anyone with Internet access interested in viewing this conference can do so by...

  13. Long-term market prospects/demand for seawater desalination for municipal supply

    International Nuclear Information System (INIS)

    Furukawa, D.H.; Zimerman, Z.

    1996-01-01

    The current status of the seawater desalination market was reviewed, and the expected evolution of installed capacities up to the year 2015 was projected in five year intervals by: Individual countries; unit size; desalination process used. 2 refs, 2 figs

  14. Regulatory supply and market demand of risk management: Match or clash?

    Directory of Open Access Journals (Sweden)

    Christoph Van der Elst

    2011-03-01

    Full Text Available The paper raises questions as to whether the new risk governance requirements will be able to match the prerequisites for more balanced risk governance as part of the decision making process while fostering business entrepreneurship. Further, to comfort the market it will be necessary to report in accordance with market expectations adequate information about the financial and non-financial risks internal and external risks the companies is coping. Both questions will be addressed in this paper.

  15. 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

  16. Research of the elasticity of electric energy tariff demand on competitive market of unified energy system of the Ural

    Directory of Open Access Journals (Sweden)

    Mokhov V.G.

    2017-01-01

    Full Text Available The aim of the study is to analyze the youngest in the world competitive market of electric energy and power of Russia. The hypothesis that there is a significant time lag between the launch date regulated competitive energy market and the actual state of its transition to a stationary operation. To test the hypothesis covered the electric energy consumer’s reaction on tariffs changes in the UES of the Ural in the period of time after restructuring RJSC “UES of Russian Federation”. Factual data of UES of Russia’s System operator shows how indicator values of electric energy consumption elasticity changes: consuming turns from elastic to inelastic according to price. Proved that in 2014 the energy demand matches to a competitive market. As a methodical research tool used 5 types of regression analysis equations for time series of electricity consumption, in addiction by the rate of the day-ahead market for 2009-2014. The research found that the transition to a competitive market of electricity production in Russia in fact was didn’t carried out in 2008, but was carried in 2014. Research proved that the electricity market regression analysis applied in predicting short periods of time (day-ahead market, because by increasing the time interval of forecasting accuracy of the forecast is decreases. The research results have great practical significance for the power industry subjects, especially those with high energy intensity of production, as the increase in the accuracy of forecasting reduces fines and total costs for electricity.

  17. 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)

  18. Trends in market demand for internal medicine 1999 to 2004: an analysis of physician job advertisements.

    Science.gov (United States)

    Auerbach, Andrew D; Chlouber, Richard; Singler, Jennifer; Lurie, Jon D; Bostrom, Alan; Wachter, Robert M

    2006-10-01

    The health care marketplace has changed substantially since the last assessment of demand for internal medicine physicians in 1996. We reviewed internal medicine employment advertisements published in 4 major medical journals between 1996 and 2004. The number of positions, specialty, and other practice characteristics (e.g., location) were collected from each advertisement. Four thousand two hundred twenty-four advertisements posted 4,992 positions. Of these positions, jobs in the Northeast (31% of positions) or single specialty groups (36.8% of positions) were most common. The relative proportion of advertisements for nephrologists declined (P Internal Medicine) declined (-2.7% relative annual change, 95% confidence interval [95% CI] -4.1%, -1.2%) between 1996 and 2004, a decrease largely due to a substantial decline in advertisements noted between 1996 and 1998. However, over the entire time period, the combined proportion of advertisements for all generalists (hospitalists and outpatient-based generalists) did not change (0.5% relative annual change, 95% CI -0.8% to 2.0%). Since 1996, demand for the majority of medical subspecialties has remained constant while relative demand has decreased for primary care and increased for hospitalists and critical care. Increase in demand for generalist-trained hospitalists appears to have offset falling demand for outpatient generalists.

  19. Demand management: another marketing tool or a way to quality care?

    Science.gov (United States)

    Mohler, M J; Harris, J M

    1998-05-01

    Demand management tools are population-based strategies used to control costs and improve utilization of services by assisting health consumers in maintaining their health and seeking appropriate health care. These tools are increasingly used by health care delivery systems and, in the US, by fiscal intermediaries, such as insurance companies. If these tools are not properly applied, there is a clear possibility that their use may lead a reduction of health care services with no improvement in clinical, humanistic, or economic outcomes. Demand management effectiveness has not been rigorously examined by the medical industry or academia. Before adopting or purchasing demand management technologies, health care systems should examine them carefully to determine how the tools were developed and who they were intended to serve. Once implemented, careful tracking of population outcomes is as necessary with these technologies as with any other technologies that can affect health care.

  20. An Economic Customer-Oriented Demand Response Model in Electricity Markets

    DEFF Research Database (Denmark)

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

    2018-01-01

    demand response (DR) models have been developed based on this concept, this will also be deemed as a disadvantage for them. In this paper, we propose an economic DR model based on economic theories and mathematical methods. In addition to abate the defects of price-elasticity based DR models...... response to price changes is considered. Therefore, the consumer demand curve is a unique curve versus price changes. In the concept of PED, the elasticity investigation is performed only in a single point or over a small interval of the curve instead of the whole curve which is not suitable. Since most......, the proposed model has the ability to respond to the various consumers with distinct responses to price changes and can also adjust the consumer's demands according to the consumer's preferences during different periods of a day....

  1. 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

  2. Long term prospect of demand and supply of energy in the world-mainly on the crude oil market

    Energy Technology Data Exchange (ETDEWEB)

    Sagawa Naoto (The Inst. of Energy Economics, Tokyo, (Japan))

    1989-03-01

    At present, the world oil market is in the state of over supply, but concerning the long term prospect of oil price, there are a view, which is traditional, that the oil price goes up in 1990's and a view that the current over supply continues for a long time. In this article, a model predicting the world energy demand and supply is prepared and based upon this, a simulation of demand and supply is conducted. This model is conceptually divided into the following blocks, namely macroeconomy, energy demand, petrolium supply and price, coal supply and price, and natural gas supply and price. Main exogeneous variables are population, time trend, output of atomic power and hydroelectric power, oil production capability of OPEC, genuine amount of energy for exportation of the Communist circle, and distribution of energy source reserve, etc.. Main endogenous variables are economic growth rate, rate of inflation, price of the primary energy as well as that of the secondary energy, energy demand, and primary energy supply. As a result, in the year of 2,000, the crude oil price will be 20/bbl in case when a structural change takes place and 30/bbl in case of no such a change. 4 refs., 3 figs., 3 tabs.

  3. Effect of Bioenergy Demands and Supply Response on Markets, Carbon, and Land Use

    Science.gov (United States)

    Karen L. Abt; Robert C. Abt; Christopher Galik

    2012-01-01

    An increase in the demand for wood for energy, including liquid fuels, bioelectricity, and pellets, has the potential to affect traditional wood users, forestland uses, management intensities, and, ultimately, carbon sequestration. Recent studies have shown that increases in bioenergy harvests could lead to displacement of traditional wood-using industries in the short...

  4. 75 FR 15362 - Demand Response Compensation in Organized Wholesale Energy Markets

    Science.gov (United States)

    2010-03-29

    ...\\ Some ISOs and RTOs are engaged in stakeholder discussions concerning the coordination necessary between... PJM and its stakeholders to continue analyzing the effectiveness of PJM's demand response program with... payment of LMP minus components of the retail rate, on the theory that such an approach permits all...

  5. 76 FR 16657 - Demand Response Compensation in Organized Wholesale Energy Markets

    Science.gov (United States)

    2011-03-24

    ... CONTACT: David Hunger (Technical Information), Office of Energy Policy and Innovation, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, (202) 502-8148, david.hunger@ferc.gov... regarding its efforts to address issues related to demand response resources. In orders addressing SPP's...

  6. The Structure Of Labour Market And Demand For Hired Labour For ...

    African Journals Online (AJOL)

    The estimated hired labour de-mand elasticities for farm size, value of other inputs, village wage rate and distance are inelastic. It is noted that issues on labour requirement of farmers should be based on economic considera-tions such as the structure of labour of the farmers, farm size, village wage rate and cost of other ...

  7. Power System Transient Stability Improvement Using Demand Side Management in Competitive Electricity Markets

    DEFF Research Database (Denmark)

    Hu, Weihao; Wang, Chunqi; Chen, Zhe

    2012-01-01

    for demand side management generates different load profiles and may provide an opportunity to improve the transient stability of power systems with high wind power penetrations. In this paper, the idea of the power system transient stability improvement by using optimal load response to the electricity...

  8. MARKET SUPPLY RESPONSE AND DEMAND FOR LOCAL RICE IN NIGERIA: IMPLICATIONS FOR SELF-SUFFICIENCY POLICY

    Directory of Open Access Journals (Sweden)

    M RAHJI

    2009-03-01

    Full Text Available This study examined the supply response and demand for local rice in Nigeria between 1960 and 2004. A system of equations using secondary data was estimated by OLS and 2SLS techniques. Area planted with local rice is mainly affected by expected price of output, agriculture wage rate and by the partial adjustment coefficient. The short-run response elasticity is 0.077. The implied long-run response elasticity is 1.578. The partial adjustment measure is 0.049. This, points to the difficulty of supply response to changing economic conditions. The price elasticity of demand obtained is 0.841. The demand for local rice is thus price inelastic. Rice income elasticity is 0.3378. It is also inelastic. The ban on rice importation in Nigeria could be said to be a step in the right direction. This policy should be continued and policed. However, price, output and non-price incentives that can exert significant influence on rice supply response and demand are required if the self-sufficiency goal is to be achieved.

  9. the structure of labour market and demand for hired labour for oil

    African Journals Online (AJOL)

    DEPT OF AGRICULTURAL ENGINEERING

    tions such as the structure of labour of the farmers, farm size, village wage rate and cost of other productive ... labour, respectively. Keywords: structure of labour, hired labour, oil palm production, demand elasticities. INTRODUCTION. Literature reveal how the structure of labour .... replace the direct effect of farm output in the.

  10. Supply and Demand: How Community Colleges Can Help Replenish the U.S. Labor Market

    Science.gov (United States)

    Twomey, John

    2008-01-01

    This article describes four factors that greatly affect the United States' labor market over the coming years. These are: (1) impending baby boomer retirements; (2) ongoing shifts in the country's demographic composition; (3) the greatly increased payoff on postsecondary education; and (4) the direct correlation between technological advances and…

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

    NARCIS (Netherlands)

    Herr, Annika; Suppliet, Moritz

    2017-01-01

    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

  12. Reducing domestic heating demand: Managing the impact of behavior-changing feedback devices via marketing.

    Science.gov (United States)

    Jensen, Thorben; Chappin, Émile J L

    2017-07-15

    Feedback devices can be used to inform households about their energy-consumption behavior. This may persuade them to practice energy conservation. The use of feedback devices can also-via word of mouth-spread among households and thereby support the spread of the incentivized behavior, e.g. energy-efficient heating behavior. This study investigates how to manage the impact of these environmental innovations via marketing. Marketing activities can support the diffusion of devices. This study aims to identify the most effective strategies of marketing feedback devices. We did this by adapting an agent-based model to simulate the roll-out of a novel feedback technology and heating behavior within households in a virtual city. The most promising marketing strategies were simulated and their impacts were analyzed. We found it particularly effective to lend out feedback devices to consumers, followed by leveraging the social influence of well-connected individuals, and giving away the first few feedback devices for free. Making households aware of the possibility of purchasing feedback devices was found to be least effective. However, making households aware proved to be most cost-efficient. This study shows that actively managing the roll-out of feedback devices can increase their impacts on energy-conservation both effectively and cost-efficiently. Copyright © 2017 Elsevier Ltd. All rights reserved.

  13. Higher Education Curricula Designing on the Basis of the Regional Labour Market Demands

    Science.gov (United States)

    Cai, Jing; Youngblood, Valery T.; Khodyreva, Elena A.; Khuziakhmetov, Anvar N.

    2017-01-01

    The relevance of the research problem is reasoned by the need to develop conceptual approaches and technologies for designing educational curricula based on current and prospective order for specialists' training from educational services' consumers--regional entities of the labor market. The goal of the article lies in justification of the…

  14. Generating demand for pharmacist-provided medication therapy management: identifying patient-preferred marketing strategies.

    Science.gov (United States)

    Garcia, Gladys M; Snyder, Margie E; McGrath, Stephanie Harriman; Smith, Randall B; McGivney, Melissa Somma

    2009-01-01

    To identify effective strategies for marketing pharmacist-provided medication therapy management (MTM) services to patients in a self-insured employer setting. Qualitative study. University of Pittsburgh during March through May 2008. 26 university employees taking at least one chronic medication. Three focus group sessions were conducted using a semistructured topic guide to facilitate the discussion. Employees' perceived medication-related needs, perceived benefits of pharmacist-provided MTM, potential barriers for employee participation in MTM, and effective strategies for marketing MTM. Participants reported concerns with timing of doses, medication costs, access, and ensuring adherence. Participants generally felt positively toward pharmacists; however, the level of reported patient contact with pharmacists varied among participants. Some participants questioned pharmacists' education and qualifications for this enhanced role in patient care. Perceived benefits of MTM noted by participants included the opportunity to obtain personalized information about their medications and the potential for improved communication among their health providers. Barriers to patient participation were out-of-pocket costs and lack of time for MTM visits. Participants suggested use of alternative words to describe MTM and marketing approaches that involve personal contact. Pharmacists should emphasize parts of MTM that patients feel are most beneficial (i.e., provision of a personal medication record) and use patient-friendly language to describe MTM when marketing their practice. Patients will need greater exposure to the concept of MTM and the pharmacists' role in order to correctly describe and assign value to this type of pharmacist patient care practice.

  15. Dynamic peak demand pricing under uncertainty in an agent-based retail energy market

    NARCIS (Netherlands)

    M. Ansarin (Mohammad); W. Ketter (Wolfgang); J. Collins (John)

    2016-01-01

    textabstractFor a transition to a sustainable energy future, smart grids must adapt to the mass introduction of renewable energy sources and their inherent unpredictability. The Power TAC competition is a simulation of distribution grid market dynamics with autonomous retail broker agents. It seeks

  16. Exploring Zen Marketing: A Strategic Experiment in Leveraging End User Intellectual Capital to Stimulate Primary Market Demand

    Science.gov (United States)

    Gilbert, Raymond

    2003-10-01

    Recently the Telecom Industry experienced an economic boom & bust cycle that hampered new service development & deployment. Consequently, there are significant problems in capturing key requirements for new network-based services and in educating CIO-IT leaders so they can promote investment proposals with their enterprise business leadership. This paper outlines a multi-functional initiative that Lucent Technologies established to engage and exchange with key Enterprises & their Telecom Suppliers views of future network technologies. This experiment is unique because it is facilitated by the corporate CIO-IT leadership & is focused on the latest 3G wireless technologies. CIO-IT provides externally facing resources that collaborate directly with Enterprises, and Service Providers while facilitating internal interactions with Bell Labs, Business Units and Sales teams. This program embodies a Zen Marketing approach since it seeks to create flashes of enlightenment with IT & business leaders by exercising all the knowledge, culture & behaviors available to an IT end user. The paper summarizes several organizational challenges & benefits uncovered by a program that is focused on transforming Mobility Provider relationships with their customers and expanding the overall awareness of the latest 3G wireless technologies.

  17. Water flows, energy demand, and market analysis of the informal water sector in Kisumu, Kenya

    Science.gov (United States)

    Sima, Laura C.; Kelner-Levine, Evan; Eckelman, Matthew J.; McCarty, Kathleen M.; Elimelech, Menachem

    2013-01-01

    In rapidly growing urban areas of developing countries, infrastructure has not been able to cope with population growth. Informal water businesses fulfill unmet water supply needs, yet little is understood about this sector. This paper presents data gathered from quantitative interviews with informal water business operators (n=260) in Kisumu, Kenya, collected during the dry season. Sales volume, location, resource use, and cost were analyzed by using material flow accounting and spatial analysis tools. Estimates show that over 76% of the city's water is consumed by less than 10% of the population who have water piped into their dwellings. The remainder of the population relies on a combination of water sources, including water purchased directly from kiosks (1.5 million m3 per day) and delivered by hand-drawn water-carts (0.75 million m3 per day). Energy audits were performed to compare energy use among various water sources in the city. Water delivery by truck is the highest per cubic meter energy demand (35 MJ/m3), while the city's tap water has the highest energy use overall (21,000 MJ/day). We group kiosks by neighborhood and compare sales volume and cost with neighborhood-level population data. Contrary to popular belief, we do not find evidence of price gouging; the lowest prices are charged in the highest-demand low-income area. We also see that the informal sector is sensitive to demand, as the number of private boreholes that serve as community water collection points are much larger where demand is greatest. PMID:23543887

  18. An Agent-Based Labor Market Simulation with Endogenous Skill-Demand

    Science.gov (United States)

    Gemkow, S.

    This paper considers an agent-based labor market simulation to examine the influence of skills on wages and unemployment rates. Therefore less and highly skilled workers as well as less and highly productive vacancies are implemented. The skill distribution is exogenous whereas the distribution of the less and highly productive vacancies is endogenous. The different opportunities of the skill groups on the labor market are established by skill requirements. This means that a highly productive vacancy can only be filled by a highly skilled unemployed. Different skill distributions, which can also be interpreted as skill-biased technological change, are simulated by incrementing the skill level of highly skilled persons exogenously. This simulation also provides a microeconomic foundation of the matching function often used in theoretical approaches.

  19. The Impact of Social Media on Consumer Demand: The Case of Carbonated Soft Drink Market

    OpenAIRE

    Liu, Yizao; Lopez, Rigoberto A.

    2013-01-01

    This article estimates the impact of social media exposure on consumer valuation of product characteristics. We apply the Berry, Levinsohn and Pakes (1995) model of market equilibrium to sales data for 18 carbonated soft drink brands sold in 12 cities over 17 months (June 2011 to October 2012) and social media conversations on Facebook, Twitter and YouTube. Empirical results show that social media exposure is a significant driver of consumer behavior through altering evaluation of product cha...

  20. 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.

  1. The oil market

    International Nuclear Information System (INIS)

    Durousset, M.

    1999-01-01

    This document presents todays economical and strategic realities of the oil market. According to the author, petroleum will remain a vital energy source essentially supplied by the Middle-East with strong increasing and decreasing demand changes. (J.S.)

  2. Demand Analysis of Logistics Information Matching Platform: A Survey from Highway Freight Market in Zhejiang Province

    Science.gov (United States)

    Chen, Daqiang; Shen, Xiahong; Tong, Bing; Zhu, Xiaoxiao; Feng, Tao

    With the increasing competition in logistics industry and promotion of lower logistics costs requirements, the construction of logistics information matching platform for highway transportation plays an important role, and the accuracy of platform design is the key to successful operation or not. Based on survey results of logistics service providers, customers and regulation authorities to access to information and in-depth information demand analysis of logistics information matching platform for highway transportation in Zhejiang province, a survey analysis for framework of logistics information matching platform for highway transportation is provided.

  3. 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.

  4. Demand side management in a day-ahead wholesale market: A comparison of industrial & social welfare approaches

    International Nuclear Information System (INIS)

    Jiang, Bo; Farid, Amro M.; Youcef-Toumi, Kamal

    2015-01-01

    Highlights: • We compare two demand side management in a day-ahead electricity wholesale market. • We develop and reconcile social welfare & industrial DSM mathematical models. • We show the industrial netload has an additional forecast quantity of baseline. • We analytically and numerically show the model equivalence with accurate baseline. • We numerically demonstrate the baseline errors lead to higher and costlier dispatch. - Abstract: The intermittent nature of renewable energy has been discussed in the context of the operational challenges that it brings to electrical grid reliability. Demand side management (DSM) with its ability to allow customers to adjust electricity consumption in response to market signals has often been recognized as an efficient way to mitigate the variable effects of renewable energy as well as to increase system efficiency and reduce system costs. However, the academic & industrial literature have taken divergent approaches to DSM implementation. While the popular approach among academia adopts a social welfare maximization formulation, the industrial practice compensates customers according to their load reduction from a predefined electricity consumption baseline that would have occurred without DSM. This paper rigorously compares these two different approaches in a day-ahead wholesale market context analytically and in a test case using the same system configuration and mathematical formalism. The comparison of the two models showed that a proper reconciliation of the two models might make them mitigate the stochastic netload in fundamentally the same way, but only under very specific conditions which are rarely met in practice. While the social welfare model uses a stochastic net load composed of two terms, the industrial DSM model uses a stochastic net load composed of three terms including the additional baseline term. DSM participants are likely to manipulate the baseline in order to receive greater financial

  5. Breaking the bottleneck : how best can we bring oil sands products to demanding markets

    International Nuclear Information System (INIS)

    Prince, D.

    2006-01-01

    Alberta-based Altex Energy Ltd. is pursuing the development of an innovative heavy oil/bitumen pipeline from Alberta to the United States Gulf Coast (USGC). This energy infrastructure development company is led by a proven management team that developed and constructed the 3,700 km long Alliance Pipeline system. This presentation included a map of the $3.7 billion dollar Alliance Pipeline that identified the mainline compressor stations, lateral compressor stations, area offices and head offices. It was noted that oilsands will represent the most significant resource plays for many years. A graph indicating bitumen supply forecasts from 2005 to 2020 suggests that bitumen production will have exponential growth over the foreseeable future. Labor, materials and infrastructure limitations will create barriers to oilsands growth, as will uncertain market access. For that reason, assured pipeline capacity is needed along with an infrastructure to refineries and a favourable competitive balance for Canadian producers. The presentation addressed issues regarding marketing choices and the challenges of upgrading in Alberta. The economics of diluting heavy oil was also discussed along with industry response to the diluent challenge. Altex's proposed solution of a new direct greenfield pipeline from Alberta to the USGC would reach the largest refinery market in North America as well as the largest heavy oil/bitumen consuming regions. The Altex solution would be complementary to heavy oil/bitumen in Alberta. The proprietary pipeline technology permits alternative diluents, eliminating much of the diluent penalty. It mitigates the risks of upgrading in Alberta and competes on a cost basis with other expansion alternatives. The Altex pipeline system eliminates the need for costly condensate diluent, but accepts all current diluents. It transports up to 90 per cent more bitumen than clean diluted bitumen in a conventional pipeline. It can also transport as much as 175 per cent

  6. Monitoring the size and protagonists of the drug market: combining supply and demand data sources and estimates.

    Science.gov (United States)

    Rossi, Carla

    2013-06-01

    The size of the illicit drug market is an important indicator to assess the impact on society of an important part of the illegal economy and to evaluate drug policy and law enforcement interventions. The extent of illicit drug use and of the drug market can essentially only be estimated by indirect methods based on indirect measures and on data from various sources, as administrative data sets and surveys. The combined use of several methodologies and data sets allows to reduce biases and inaccuracies of estimates obtained on the basis of each of them separately. This approach has been applied to Italian data. The estimation methods applied are capture-recapture methods with latent heterogeneity and multiplier methods. Several data sets have been used, both administrative and survey data sets. First, the retail dealer prevalence has been estimated on the basis of administrative data, then the user prevalence by multiplier methods. Using information about behaviour of dealers and consumers from survey data, the average amount of a substance used or sold and the average unit cost have been estimated and allow estimating the size of the drug market. The estimates have been obtained using a supply-side approach and a demand-side approach and have been compared. These results are in turn used for estimating the interception rate for the different substances in term of the value of the substance seized with respect to the total value of the substance to be sold at retail prices.

  7. Application of conjoint analysis in studying demand for mp3 players on the B-H market

    Directory of Open Access Journals (Sweden)

    Emir Kurtović

    2008-07-01

    Full Text Available The paper illustrates practical aspects of conjoint analysis in studying evaluation and preference criteria when buying hardware MP3 players among the youth, as the most significant segment of such product buyers. Methodology: The methodology consisted of several surveys of young consumers in the Sarajevo region. In the first step, we used unstructured focus group interviews combined with a series of multiple-choice and open-ended questions for identifying product attributes and attribute levels that are relevant to consumers’ preferences. After the main attributes and the levels of attributes had been selected, they were combined to form different hypothetical product profiles. Obtained data were analyzed with the help of the conjoint analysis software. Findings: The results show that MP3 player manufacturers and sellers should focus their marketing strategies on the brand when targeting young people, as the most significant market segment for such products. The findings of the demand and price sensitivity analysis imply that the buyers of this product category are generally price-sensitive and therefore willing to switch brands. Limitations: While the study covered the most important attributes regarding MP3 players, it might be desirable to include design as an additional attribute as well as more brands. Also, a sample size could be increased to allow market segmentation based on the obtained part-worths.

  8. Review of current Southern California edison load management programs and proposal for a new market-driven, mass-market, demand-response program

    Energy Technology Data Exchange (ETDEWEB)

    Weller, G.H.

    2002-01-01

    Utility load management programs, including direct load control and interruptible load programs, constitute a large installed base of controllable loads that are employed by utilities as system reliability resources. In response to energy supply shortfalls expected during the summer of 2001, the California Public Utilities Commission in spring 2001 authorized new utility load management programs as well as revisions to existing programs. This report provides an independent review of the designs of these new programs for a large utility (Southern California Edison) and suggests possible improvements to enhance the price responsiveness of the customer actions influenced by these programs. The report also proposes a new program to elicit a mass-market demand response to utility price signals.

  9. 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

  10. E-COMMERCE NATIONAL MARKET - STUDY FROM THE PERSPECTIVE OF MANIFESTED DEMAND

    Directory of Open Access Journals (Sweden)

    Laura Catalina Timiras

    2015-07-01

    Full Text Available E-commerce market in Romania recorded the lowest level of development compared to other EU countries, in terms of the intensity of online purchase habit of the population of Romania. Thus, in 2014, only 16.7% of those who used the computer in the range of 16-74 years and 10% of the total population of the same age had made online purchases, compared with 63.3% and 50% respectively - the same indicators at EU level. Still, in Romania there was a rapid increase in the share of those who make online purchases, so in 8 years (2007-2014 this indicator increased by 3 times. Regarding the categories of the population by various characteristics, greater orientation towards online purchases is recorded among individuals with high formal education, youth (under 35, with above-average incomes. In terms of product categories purchased online, the most favorite categories are: clothes, sports goods. This analysis is based mostly on official statistics provided by Eurostat.

  11. Analysis of Products Demand on E.U. Markets Based on Commerce Activity of Large Stores

    Directory of Open Access Journals (Sweden)

    Simona Ghita

    2008-07-01

    Full Text Available Retail in large store-chains extended in well-developed countries. 465 millions inhabitants express their supply on their markets; between 2000 and 2005 sales values were increasing; the increase-sources were the promotional prices, as well as the European buyers' availability to respond to the supply's diversity. After the political events that happened after 1989, in Romania appeared large hypermarket-chains and supermarket-chains, most of them being transnational companies that developed their own business in our country. Due to these commercial-units, the retail-value in Romania grew in a spectacular way, with more than 85% during 2000-2005 period, although from the retail-value per inhabitant point of view, we are far behind other European countries' level. The number of retail-commercial units, as well as the sales-purchasing value in these units characterizes the commercial sector situation in a country. For a comparative analysis at territorial level, for different European Union's countries, we will realize a multicriterial hierarchy, based on the two statistical indicators previously mentioned, and on other two general macroeconomic indicators: Gross Domestic Product (GDP per inhabitant and unemployment-rate. The main European Union's countries hierarchy based on the four criteria was realized by two statistical methods: the ranks' method and the relative-distance method from the maximum performance unit.

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

    International Nuclear Information System (INIS)

    Miller, Alistair I.; Duffey, Romney B.

    2004-01-01

    Hydrogen is becoming the reference fuel for future transportation and, in the USA in particular, a vision for its production from advanced nuclear reactors has been formulated. Fulfillment of this vision depend on its economics in 2020 or later. Prior to 2020, hydrogen needs to gain a substantial foothold without incurring excessive costs for the establishment of the distribution network for the new fuel. Water electrolysis and steam-methane reforming (SMR) are the existing hydrogen-production technologies, used for small-scale and large-scale production, respectively. Provided electricity is produced at costs expected for nuclear reactors of near-term design, electrolysis appears to offer superior economics when the SMR-related costs of distribution and sequestration (or an equivalent emission levy) are included. This is shown to hold at least until several percentage points of road transport have been converted to hydrogen. Electrolysis has large advantages over SMRs in being almost scale-independent and allowing local production. The key requirements for affordable electrolysis are low capital cost and relatively high utilization, although the paper shows that it should be advantageous to avoid the peaks of electricity demand and cost. The electricity source must enable high utilization as well as being itself low-cost and emissions-free. By using off-peak electricity, no extra costs for enhanced electricity distribution should occur. The longer-term supply of hydrogen may ultimately evolve away from low-temperature water electrolysis but it appears to be an excellent technology for early deployment and capable of supplying hydrogen at prices not dissimilar from today's costs for gasoline and diesel provided the vehicle's power unit is a fuel cell. (author)

  13. Between government policy, clinical autonomy, and market demands: a qualitative study of the impact of the Prescribing Analysis System on behavior of physicians in South Korea.

    Science.gov (United States)

    Kim, Dong-Sook; Bae, Green; Yoo, Soo Yeon; Kang, Minah

    2015-09-21

    In South Korea, the Health Insurance Review and Assessment Service manages the Prescribing Analysis System (PAS) to evaluate the appropriate use of medication. To achieve the system's goal of changing prescribing behavior, it is critical to understand how physicians respond to the PAS. This study analyzes the opinions of South Korean physicians about the PAS, the way it is used, and factors affecting prescribing behavior. A qualitative, exploratory approach was used, with four focus groups of physicians from different specialties. A semi-structured guide was used to explore their opinions. Transcripts of the discussions were analyzed by the authors, who independently considered content using uniform categories. Common themes were extracted and used to gather results and draw conclusions. Physicians acknowledged some positive aspects of the PAS but, overall, had mainly negative impressions of the system, and particularly, the evaluation reports that it generates. They reported that their prescribing behavior was affected by predisposing factors, including experiential, environmental and psychological factors. Physicians reported that their negative perceptions regarding the regulations were primarily influenced by concerns about maintaining their autonomy and expertise. However, their strong resistance to these perceived infringements on their independence may be considered inconsistent in relation to their professional autonomy as there was an equally strong concern about market competition. Physicians' objections to the PAS are more likely to have been caused by deeply rooted distrust of the government agency in charge of the system. Interestingly, we found that physicians' strong resistance to perceived violations of their autonomy seems somewhat inconsistent and contradictory. While they are very positive about new information or printed materials provided by pharmaceutical representatives, they are less enthusiastic when it comes to governmental guidelines or

  14. 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

  15. 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

    Background 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. Methods 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. Results 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. Conclusions 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

  16. 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.

  17. Human resource management for a new generation: The professional orientation of young people in the Czech Republic does not match the current labor market Demands

    OpenAIRE

    Švarcová, Jena; Dohnalová, Zuzana

    2012-01-01

    The Czech economy is traditionally focused on technical fields such as engineering, electronics, and automotive industries. Research among students in secondary schools and universities in the Czech Republic however, shows that future generations would choose another profession, according to the classification by Roe, than required by the job market. The demand of the labour market faces a lack of employees, especially in the group of occupations number 4, technologies, which is still the mos...

  18. Consequences of EU enlargement for supply and demand in the electricity market with special emphasis on nuclear power

    International Nuclear Information System (INIS)

    Jaeger, G.

    2004-01-01

    After the enlargement of the European Union, Europe has acquired a new dimension which is reflected also on the electricity market. The aggregate European electricity requirement of 3 000 TWh in Europe constitutes approximately one quarter of the world electricity generation. Nuclear power contributes a major share of 966 TWh. In electricity generation from nuclear power, EU-25 is No. 1 in the world. The rising demand for electricity cannot be met by the existing power plant park in the next few decades. Insufficient possibilities of exchange among countries and, especially, the enormous requirement to replace more than 200,000 MW of electricity generating capacity in Europe by 2020, plus another 100,000 MW arising from growing demand, make a comprehensive renewal of the European power plant park indispensable. After the EU enlargement, the standards of the ''old'' European Union are the yardstick for the entire ''new'' Union. This gives rise to enormous efforts, especially in the accession countries, to curb emissions and increase safety. The need for modern power plant technology is becoming particularly apparent in these cases. The example of the ten new member countries clearly shows the options realistically available for electricity generation in the future and indispensable for a favorable infrastructure. The conventional energy resources, i. e. coal, gas, and nuclear power, will be the main sources of electricity generation in Europe over the next few decades. This finding does not meet the expectations of many members of the public who feel that renewables would make the largest contribution to power supply in twenty years' time. This makes it imperative to regain popular acceptance in order to ensure electricity generation at favorable conditions and at a high level of environmental protection in the whole of Europe, with enough leeway to further advance the expansion of renewables and support a positive economic development of Europe. (orig.)

  19. Modeling Supply and Demand for Arts and Sciences Faculty: What Ten Years of Data Tell Us about the Labor Market Projections of Bowen and Sosa.

    Science.gov (United States)

    Shapiro, Douglas T.

    2001-01-01

    The labor market projections of Bowen and Sosa's "Prospects for Faculty" (1989) are assessed by testing their assumptions about faculty supply and demand against data from the last decade. Improvements to the model are recommended, including the use of an inventory-attrition model to account for backlogs of supply. (Author)

  20. Calculating load factors for the transatlantic airline market using supply and demand data: a note on the identification of gaps in the available airline statistics

    NARCIS (Netherlands)

    Devriendt, L.; Burghouwt, G.; Derudder, B.; de Wit, J.; Witlox, F.

    2009-01-01

    This paper takes a critical view of the verification of load factors for the direct transatlantic airline market by combining supply and demand-data. The supply-related data originate from the Official Airline Guide, a well-known data source that contains information on scheduled flights. The

  1. Development of hydrogen market: the outlook for demand, wing energy production, mass storage and distribution to vehicles in the regions

    International Nuclear Information System (INIS)

    Le Duigou, A.; Quemere, M.M.; Marion, P.; Decarre, S.; Sinegre, L.; Nadau, L.; Pierre, H.; Menanteau, Ph.; Rastetter, A.; Cuni, A.; Barbier, F.; Mulard, Ph.; Alleau, Th.; Antoine, L.

    2011-01-01

    The HyFrance3 project has provided a national framework for reflection, debate and strategic exchange between major public and industrial research players, namely for their hydrogen technology arms in France (Air Liquide, Total Refining and Marketing, EDF R and D, GDF SUEZ, CNRS-LEPII Energies Nouvelles, AFH2, ALPHEA, ADEME (co-financing and partner) and the CEA (coordinator). This project focuses on studying the landscape, trends and economic competitiveness of some links in the hydrogen chain, for industrial and energy applications, over a period referred to as 'short term' (2020-2030). Four study subjects were tackled: the prospective demand for hydrogen in industry (analysis of the current situation and outlook for 2030, in particular for refining based on two scenarios on mobility), production of hydrogen for transport uses from wind-produced electricity, mass storage that would have to be set up in the Rhone Alpes and PACA regions, to balance supply that is subject to deliberate (maintenance) or involuntary interruptions, and the distribution of hydrogen in the region, for automobile use (gas station network in the Rhone Alpes and PACA regions) by 2050 (with end period all-in costs between 0.4 eur/kg and 0.6 eur/kg, as a function of the price of energy and the distance from the storage site). (authors)

  2. 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

  3. The state of hardwood lumber markets

    Science.gov (United States)

    Gilbert P. Dempsey; William G. Luppold

    1992-01-01

    Although the 1990-91 recession has temporarily dampened the demand for hardwood lumber, the decade of the 1980s was a period of strong growth in the hardwood market. After experiencing a flat market in 1980 and a decline in 1982, the demand for hardwood lumber by both the domestic industry and the export market increased strongly—from 8 billion board feet in 1982 to 11...

  4. EDF - 2015 full-year results: all targets reached, Strong operating performance in adverse market conditions, 2018 ambition reiterated

    International Nuclear Information System (INIS)

    2016-01-01

    A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 37.6 million customers, of which 27.8 million in France. The Group generated consolidated sales of Euro 75 billion in 2015, of which 47.2% outside of France. EDF is listed on the Paris Stock exchange. EDF achieved all its targets in 2015. The year was marked by strong operational performance, reflecting the significant efforts the teams made. With the end of the regulated Yellow and Green Tariffs, most clients turned to EDF. Nuclear output reached its highest level, since 2011 in France, and since 2005 in the United Kingdom. EDF is also continuing its significant development in renewable energy, with an additional 1 GW of net installed capacity. The transformation of EDF Group is essential in the unfavourable market conditions. EDF has embarked on this transformation, and is accelerating innovation to serve the energy transition

  5. Evaluating whether direct-to-consumer marketing can increase demand for evidence-based practice among parents of adolescents with substance use disorders: rationale and protocol.

    Science.gov (United States)

    Becker, Sara J

    2015-02-10

    Fewer than one in 10 adolescents with substance use disorders (ASUDs) will receive specialty treatment, and even fewer will receive treatment designated as evidence-based practice (EBP). Traditional efforts to increase the utilization of EBP by ASUDs typically focus on practitioners-either in substance use clinics or allied health settings. Direct-to-consumer (DTC) marketing that directly targets parents of ASUDs represents a potentially complementary paradigm that has yet to be evaluated. The current study is the first to evaluate the relevance of a well-established marketing framework (the Marketing Mix) and measurement approach (measurement of perceived service quality [PSQ]) with parents of ASUDs in need of treatment. A mixed-methods design is employed across three study phases, consistent with well-established methods used in the field of marketing science. Phase 1 consists of formative qualitative research with parents (and a supplementary sample of adolescents) in order to evaluate and potentially adapt a conceptual framework (Marketing Mix) and measure of PSQ. Phase 2 is a targeted survey of ASUD parents to elucidate their marketing preferences, using the adapted Marketing Mix framework, and to establish the psychometric properties of the PSQ measure. The survey will also gather data on parents' preferences for different targeted marketing messages. Phase 3 is a two-group randomized controlled trial comparing the effectiveness of targeted marketing messages versus standard clinical information. Key outcomes will include parents' ratings of PSQ (using the new measure), behavioral intentions to seek out information about EBP, and actual information-seeking behavior. The current study will inform the field whether a well-established marketing framework and measurement approach can be used to increase demand for EBP among parents of ASUDs. Results of this study will have the potential to immediately inform DTC marketing efforts by professional organizations

  6. Comparison of the marketing of demand response capacity and of power plant capacity in the minutes reserve market; Vergleich der Vermarktung von Demand-Response- und Kraftwerksleistung auf dem Minutenreservemarkt

    Energy Technology Data Exchange (ETDEWEB)

    Marz, Waldemar; Tzscheutschler, Peter [Technische Univ. Muenchen (Germany). Lehrstuhl fuer Energiewirtschaft und Anwendungstechnik; Henle, Markus [Stadtwerke Muenchen (Germany). Energiewirtschaft

    2013-03-15

    The greatest challenge in integrating renewable energies into the German and European power supply system lies in levelling out the imbalances between the fluctuating supply of energy from the wind and sun on the one side and the steady demand of the consumers on the other. Aside from the expansion of supra-regional transmission systems and storage power plants one instrument that has raised great hopes is the possibility of adapting demand to supply. These methods are known by the names of demand response (DR) or demand side management (DSM) and are at the core of the ''smart grid'' concept.

  7. Current Market Demand for Core Competencies of Librarianship—A Text Mining Study of American Library Association’s Advertisements from 2009 through 2014

    Directory of Open Access Journals (Sweden)

    Qinghong Yang

    2016-02-01

    Full Text Available As librarianship evolves, it is important to examine the changes that have taken place in professional requirements. To provide an understanding of the current market demand for core competencies of librarianship, this article conducts a semi-automatic methodology to analyze job advertisements (ads posted on the American Library Association (ALA Joblist from 2009 through 2014. There is evidence that the ability to solve unexpected complex problems and to provide superior customer service gained increasing importance for librarians during those years. The authors contend that the findings in this report question the status quo of core competencies of librarianship in the US job market.

  8. [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.

  9. Estimation of the demand for public services communications. [market research and economic analysis for a communications satellite system

    Science.gov (United States)

    1976-01-01

    Market analyses and economic studies are presented to support NASA planning for a communications satellite system to provide public services in health, education, mobile communications, data transfer, and teleconferencing.

  10. Strong Vocational Education--A Safe Way to the Labour Market? A Case Study of the Czech Republic

    Science.gov (United States)

    Straková, Jana

    2015-01-01

    Background: In its communications, the European Commission stresses the importance of vocational education and endorses apprenticeship training. Educational systems that have dual tracks of academic alongside vocational learning routes have been shown to generate better labour market outcomes for school leavers and smooth the school-to-work…

  11. Power supply-demand balance in a Smart Grid : An information sharing model for a market mechanism

    NARCIS (Netherlands)

    Larsen, Gunn K. H.; van Foreest, Nicky D.; Scherpen, Jacquelien M. A.

    2014-01-01

    In the future, global energy balance of a Smart Grid system can be achieved by its agents deciding on their own power demand and production (locally) and the exchange of these decisions. In this paper, we develop a network model that describes how the information of power imbalance of individual

  12. Keeping up with rising quality demands? New institutional arrangements, upgrading and market access in the South African citrus industry

    NARCIS (Netherlands)

    Bitzer, V.C.; Obi, A.; Ndou, P.

    2016-01-01

    The shift towards the use of private quality standards in global agrifood chains has raised concerns worldwide that small-scale farmers become excluded from lucrative export markets. In South Africa, given the historical exclusion of small-scale farmers from export-oriented agriculture, the

  13. Job Satisfaction among Mexican Alumni: A Case of Incongruence between Hunch-based Policies and Labor Market Demands

    Science.gov (United States)

    Cabrera, Alberto F.; de Vries, Wietse; Anderson, Shaquana

    2007-01-01

    During decades, the Benemerita Universidad Autonoma de Puebla (BUAP) like many other Mexican universities has tried to contribute to the national development by offering different educational programs presumed to be better attuned to the needs of the labor market. In this paper we explore the association of three different waves of major offering…

  14. The Other Side of the Equation--The Demands of Women on Re-entering the Labour Market.

    Science.gov (United States)

    Healy, Geraldine; Kraithman, David

    1991-01-01

    A study examined the factors influencing the participation in the labor market of 150 women with young children, including their aims, training needs, and constraints. Their self-perceived employment needs were related to the policies and practices of employers and trade unions. (JOW)

  15. 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......This article focuses on causality in demand. A methodology where causality is imposed and tested within an empirical co-integrated demand model, not prespecified, is suggested. The methodology allows different causality of different products within the same demand system. The methodology is applied...... implication is that more explicit focus on causality in demand analyses provides improved information. The results suggest that frozen trout forms part of a large European whitefish market, where prices of fresh trout are formed on a relatively separate market. Redfish is a substitute on both markets...

  16. A Supply and Demand Management Perspective on the Accelerated Global Introductions of Inactivated Poliovirus Vaccine in a Constrained Supply Market.

    Science.gov (United States)

    Lewis, Ian; Ottosen, Ann; Rubin, Jennifer; Blanc, Diana Chang; Zipursky, Simona; Wootton, Emily

    2017-07-01

    A total of 105 countries have introduced IPV as of September 2016 of which 85 have procured the vaccine through UNICEF. The Global Eradication and Endgame Strategic Plan 2013-2018 called for the rapid introduction of at least one dose of IPV into routine immunization schedules in 126 all OPV-using countries by the end of 2015. At the time of initiating the procurement process, demand was estimated based on global modeling rather than individual country indications. In its capacity as procurement agency for the Global Polio Eradication Initiative and Gavi, the Vaccine Alliance, UNICEF set out to secure access to IPV supply for around 100 countries. Based on offers received, sufficient supply was awarded to two manufacturers to meet projected routine requirements. However, due to technical issues scaling up vaccine production and an unforecasted demand for IPV use in campaigns to interrupt wild polio virus and to control type 2 vaccine derived polio virus outbreaks, IPV supplies are severely constrained. Activities to stretch supplies and to suppress demand have been ongoing since 2014, including delaying IPV introduction in countries where risks of type 2 reintroduction are lower, implementing the multi-dose vial policy, and encouraging the use of fractional dose delivered intradermally. Despite these efforts, there is still insufficient IPV supply to meet demand. The impact of the supply situation on IPV introduction timelines in countries are the focus of this article, and based on lessons learned with the IPV introductions, it is recommended for future health programs with accelerated scale up of programs, to take a cautious approach on supply commitments, putting in place clear allocation criteria in case of shortages or delays and establishing a communication strategy vis a vis beneficiaries. © The Author 2017. Published by Oxford University Press for the Infectious Diseases Society of America.

  17. Strategy Dynamics through a Demand-Based Lens: The Evolution of Market Boundaries, Resource Rents and Competitive Positions

    OpenAIRE

    Adner, Ron; Zemsky, Peter

    2003-01-01

    We develop a novel approach to the dynamics of business strategy that is grounded in an explicit treatment of consumer choice when technologies improve over time. We address the evolution of market boundaries, resource rents and competitive positions by adapting models of competition with differentiated products. Our model is consistent with the central strategy assertion that competitive interactions are governed by superior value creation and competitive advantage. More importantly, it show...

  18. Smart Customer Relationship : Investigating how customer relationships influence the development of demand response for the future electricity retail market

    OpenAIRE

    Jakobsson Thorman, Carl-Wilhelm; Kovala, Tommy

    2015-01-01

    The fact that household customers are central in the discussion of future sustainable energy systems compels the Swedish electricity retail companies to provide strategies in order to successfully follow the trends on the electricity market. The purpose of this thesis is to complement the electricity retail companies’ understanding of how they are able to enter a sustainable and close business relationship with these customers. The purpose is fulfilled by the analysis of how relationship conc...

  19. Accurate market price formation model with both supply-demand and trend-following for global food prices providing policy recommendations.

    Science.gov (United States)

    Lagi, Marco; Bar-Yam, Yavni; Bertrand, Karla Z; Bar-Yam, Yaneer

    2015-11-10

    Recent increases in basic food prices are severely affecting vulnerable populations worldwide. Proposed causes such as shortages of grain due to adverse weather, increasing meat consumption in China and India, conversion of corn to ethanol in the United States, and investor speculation on commodity markets lead to widely differing implications for policy. A lack of clarity about which factors are responsible reinforces policy inaction. Here, for the first time to our knowledge, we construct a dynamic model that quantitatively agrees with food prices. The results show that the dominant causes of price increases are investor speculation and ethanol conversion. Models that just treat supply and demand are not consistent with the actual price dynamics. The two sharp peaks in 2007/2008 and 2010/2011 are specifically due to investor speculation, whereas an underlying upward trend is due to increasing demand from ethanol conversion. The model includes investor trend following as well as shifting between commodities, equities, and bonds to take advantage of increased expected returns. Claims that speculators cannot influence grain prices are shown to be invalid by direct analysis of price-setting practices of granaries. Both causes of price increase, speculative investment and ethanol conversion, are promoted by recent regulatory changes-deregulation of the commodity markets, and policies promoting the conversion of corn to ethanol. Rapid action is needed to reduce the impacts of the price increases on global hunger.

  20. Market surveillance in Ontario

    International Nuclear Information System (INIS)

    Chandler, H.

    2002-01-01

    On May 1, 2002 both wholesale and retail electricity markets in Ontario were opened to competition. Wholesale electricity market sales of 150 TWh were valued at over $11 billion with 27,500 MW in service installed capacity and 4,000 to 6,000 MW import/export capability with strong interconnections to the Quebec, the Midwest and the Northeast. The key players in Ontario's electricity market are the Ontario Energy Board (OEB), the Independent Electricity Market Operator (IMO), Ontario Power Generation, and Hydro One. The OEB regulatory framework includes licensing and front line, daily monitoring of whole sale market. Serious capacity problems in Ontario have manifested themselves in tight supply and demand situations and highly volatile prices. The paper included graphs of available reserves for 1996 to 2002, HOEP trends and frequency, HOEP comparison, and a sensitivity to demand forecast. 1 tab., 6 figs

  1. Marketing.

    Science.gov (United States)

    Appel, David L.

    This booklet suggests ways in which institutions--Catholic schools in particular--can move beyond public relations and advertising to engage in the broader arena of marketing with its focus on consumer satisfaction. The first of the book's three chapters reviews the concept of marketing, providing definitions of key terms, clarification of…

  2. A Generalized Nash-Cournot Model for the North-Western European Natural Gas Markets with a Fuel Substitution Demand Function: The GaMMES Model

    International Nuclear Information System (INIS)

    Abada, Ibrahim; Briat, Vincent; GABRIEL, Steve A.; MASSOL, Olivier

    2011-01-01

    This article presents a dynamic Generalized Nash-Cournot model to describe the evolution of the natural gas markets. The major players along the gas chain are depicted including: producers, consumers, storage and pipeline operators, as well as intermediate local traders. Our economic structure description takes into account market power and the demand representation tries to capture the possible fuel substitution that can be made between the consumption of oil, coal, and natural gas in the overall fossil energy consumption. We also take into account long-term contracts in an endogenous way, which makes the model a Generalized Nash Equilibrium problem. We discuss some means to solve such problems. Our model has been applied to represent the European natural gas market and forecast, until 2030, after a calibration process, consumption, prices, production, and natural gas dependence. A comparison between our model, a more standard one that does not take into account energy substitution, and the European Commission natural gas forecasts is carried out to analyze our results. Finally, in order to illustrate the possible use of fuel substitution, we studied the evolution of the natural gas price as compared to the coal and oil prices. (authors)

  3. More flexible and demand-oriented schedule operation. For market-driven power generation in biogas existing installation

    International Nuclear Information System (INIS)

    Welteke-Fabricius, Uwe

    2016-01-01

    This lecture investigates the effects of the societal framework on operators of biogas plants in the further development of biogas and its contribution to the German Energiewende. Influences are not only from politics and economy but stakeholders also shape the development to come. A visible part of the existing plants have quickly to be transformed to a demand driven supply. If not, it is most likely that biogas will disappear from the stage within some 15 years - except for waste treatment. In a future of growing wind and solar energy supply we will experience a.. of shortage and surplus within a day, and through the.seasons. Prices will fluctuate increasingly. Controllable energy generators will run for a decreasing number of hours daily. Biogas should contribute to one or two high-price periods a day, when it is dark, low wind, or high demand, but at a higher capacity than today. This pattern, in combination with a valuable use of its thermal energy production, can furthermore offer an economic feasible prospect for biogas plants after their period of subsidized EEG feed-in tariff By now, only few biogas plants are designed accordingly. Most of them produce their power continuously. Only if biogas plants will change towards peak load operation, its unique combination of renewable and controllable energy supply will be recognized, and biogas can contribute a valuable share to a sustainable energy system. Stakeholders can and should support this change.

  4. Housing demand or money supply? A new Keynesian dynamic stochastic general equilibrium model on China's housing market fluctuations

    Science.gov (United States)

    Wen, Xing-Chun; He, Ling-Yun

    2015-08-01

    There is a bitter controversy over what drives the housing price in China in the existing literature. In this paper, we investigate the underlying driving force behind housing price fluctuations in China, especially focusing on the role of housing demand shock with that of money supply shock in explaining housing price movements, by a new Keynesian dynamic stochastic general equilibrium model. Empirical results suggest that it is housing demand, instead of money supply, that mainly drives China's housing price movements. Relevant policy implication is further discussed, namely, whether to consider the housing price fluctuations in the conduct of monetary policy. By means of the policy simulations, we find that a real house price-augmented money supply rule is a better monetary policy for China's economy stabilization. 1. Investment refers to fixed capital investment. 2. Housing price refers to national average housing price. Quarterly data on housing price during the period of our work are not directly available. However, monthly data of the value of sales on housing and sale volume on housing can be directly obtained from National Bureau of Statistics of China. We add up the monthly data and calculate one quarter's housing price by dividing the value of housing sales by its sale volume in one quarter. 3. M2 means the broad money supply in China.

  5. 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.

  6. Mediators of trade and taste. Dealing with demand and quality uncertainty in the international art markets of the seventeenth century

    Directory of Open Access Journals (Sweden)

    Claartje Rasterhoff

    2015-12-01

    Full Text Available Early modern Antwerp-based art dealers exported a variety of luxury goods across Europe and beyond. They traded locally and globally in mass-produced and unique goods of fancy, in newly produced and resold items. Our contribution examines the business models of these dealers in order to better understand the extraordinary reach of the early modern international art trade and its cultural ramifications. The Forchondt and Musson art dealing firms serve as a case study to put into context the artistic exchanges between Southern and Northern Netherlands during the second half of the seventeenth century and we reveal how their business strategies (both on a cultural and economic level helped to overcome high levels of quality and demand uncertainty.

  7. LPG world supply and demand

    International Nuclear Information System (INIS)

    Holmes, Ch.

    2008-01-01

    Over the course of this decade, the global LPG market has moved from being tight, where supply barely exceeded non-price sensitive demand, to the current market situation where supply growth has outstripped demand growth to such an extent that current fundamentals suggest that considerable length will prevail in the market over the near term. As is the case for many other energy commodity markets, the LPG industry has experienced a considerable transformation over the last five years with many new LPG supply projects coming on-stream and demand growth in many developing markets slowing in response to higher energy prices. The near term challenge for LPG producers will be securing outlets for output as the market becomes increasingly oversupplied. With expanding LPG supply and a worldwide tightness in the naphtha market, it is expected that petrochemical consumers will favor relatively low priced LPG over naphtha and the resulting increase in LPG cracking rates will go some way to reducing the expected supply surplus. However, the timing of several new LPG supply projects and the start-up of LPG-based petrochemical plants in the Middle-East are expected to impact global LPG trade and pricing over the next few years. Thus, at this point in time, the global LPG market has a high degree of uncertainty with questions remaining over the impact of high energy (and LPG) prices on traditional and developing market demand, the timing of new supply projects and the combined effect of these two factors on international LPG prices. World LPG production has been rising in nearly every region of the world over the last few years and totaled about 229 million tons in 2007, which is some 30 million tons per year higher than in 2000. The exception is North America which accounts for the largest share of global LPG supply at about 24% but production there has remained relatively flat in recent years. Strong LPG production growth in the Middle-East which contributed to about 19% of

  8. An Agent-Based Optimization Framework for Engineered Complex Adaptive Systems with Application to Demand Response in Electricity Markets

    Science.gov (United States)

    Haghnevis, Moeed

    The main objective of this research is to develop an integrated method to study emergent behavior and consequences of evolution and adaptation in engineered complex adaptive systems (ECASs). A multi-layer conceptual framework and modeling approach including behavioral and structural aspects is provided to describe the structure of a class of engineered complex systems and predict their future adaptive patterns. The approach allows the examination of complexity in the structure and the behavior of components as a result of their connections and in relation to their environment. This research describes and uses the major differences of natural complex adaptive systems (CASs) with artificial/engineered CASs to build a framework and platform for ECAS. While this framework focuses on the critical factors of an engineered system, it also enables one to synthetically employ engineering and mathematical models to analyze and measure complexity in such systems. In this way concepts of complex systems science are adapted to management science and system of systems engineering. In particular an integrated consumer-based optimization and agent-based modeling (ABM) platform is presented that enables managers to predict and partially control patterns of behaviors in ECASs. Demonstrated on the U.S. electricity markets, ABM is integrated with normative and subjective decision behavior recommended by the U.S. Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC). The approach integrates social networks, social science, complexity theory, and diffusion theory. Furthermore, it has unique and significant contribution in exploring and representing concrete managerial insights for ECASs and offering new optimized actions and modeling paradigms in agent-based simulation.

  9. 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...

  10. Sustainable Marketing

    NARCIS (Netherlands)

    Dam, van Y.K.

    2017-01-01

    In this article, three different conceptions of sustainable marketing are discussed and compared. These different conceptions are referred to as social, green, and critical sustainable marketing. Social sustainable marketing follows the logic of demand-driven marketing management and places the

  11. Off-shore enhanced oil recovery in the north sea: matching CO_2 demand and supply given uncertain market conditions

    Science.gov (United States)

    Compernolle, Tine; Welkenhuysen, Kris; Huisman, Kuno; Piessens, Kris; Kort, Peter

    2015-04-01

    role of the ETS system will be discussed. In an initial stage, only the CO2-price and oil price market uncertainties are considered. In a further stage, uncertainties from the supply side (technology) and EOR (geological) will be added. References BERR. 2007. Development of a CO2 transport and storage network in the North Sea: report to the North Sea Basin Task Force. Dixit A, Pindyck R (1994). Investment under Uncertainty. In, Princeton University Press. Klokk Ø, Schreiner PF, Pagès-Bernaus A, Tomasgard A (2010). Optimizing a CO2 value chain for the Norwegian Continental Shelf. Energy Policy 38(11): 6604-6614 Leach A, Mason CF, Veld Kvt (2011). Co-optimization of enhanced oil recovery and carbon sequestration. Resource Energy Econ 33(4): 893-912 Lukas E, Welling A (2014). Timing and eco(nomic) efficiency of climate-friendly investments in supply chains. Eur J Oper Res 233(2): 448-457 Pershad, H., Durusut, E., Crerar, A., Black, D., Mackay, E. & Oldern, P., 2012. Economic Impacts of CO2-enhanced oil recovery for Scotland, Final report for Scottish Enterprise. Element energy, London. Piessens, K., Welkenhuysen K., Laenen, B., Ferket, H., Nijs, W., Duerinck, J., Cochez, E., Mathieu, Ph., Valentiny, D., Baele, J.-M., Dupont, N. & Hendriks, Ch., 2012. Policy Support System for Carbon Capture and Storage and Collaboration between Belgium-the Netherlands "PSS-CCS", Final report. Belgian Science Policy Office, Research Programme Science for a Sustainable Development contracts SD/CP/04a,b & SD/CP/803, 335p. Welkenhuysen, K., Compernolle, T., Piessens, K., Ramírez, A., Rupert, J. & Swennen, R., 2014. Geological uncertainty and investment risk in CO2-enhanced oil recovery. 12th International Conference on Greenhouse Gas Control Technologies (GHGT-12), Austin, Texas, 05-09/10/2014.

  12. Wood supply and demand

    Science.gov (United States)

    Peter J. Ince; David B. McKeever

    2011-01-01

    At times in history, there have been concerns that demand for wood (timber) would be greater than the ability to supply it, but that concern has recently dissipated. The wood supply and demand situation has changed because of market transitions, economic downturns, and continued forest growth. This article provides a concise overview of this change as it relates to the...

  13. Oil supply and demand

    International Nuclear Information System (INIS)

    Rech, O.

    2006-01-01

    The year 2004 saw a change in the oil market paradigm that was confirmed in 2005. Despite a calmer geopolitical context, prices continued to rise vigorously. Driven by world demand, they remain high as a result of the saturation of production and refining capacity. The market is still seeking its new equilibrium. (author)

  14. Fatores de marketing na construção de marcas sólidas: estudo exploratório com marcas brasileiras Marketing factors for building strong brands: an exploratory Brazilian study

    Directory of Open Access Journals (Sweden)

    Daniela Motta Romeiro Khauaja

    2006-12-01

    Full Text Available Este estudo se propôs a investigar o processo de construção de marcas sólidas criadas e desenvolvidas no Brasil e comercializadas por empresas de controle acionário brasileiro. O objetivo geral foi ampliar o conhecimento sobre os fatores de marketing voltados para a construção de marcas sólidas. Conduziu-se uma pesquisa exploratória, de caráter qualitativo, por meio do estudo dos casos de construção das marcas Gol, O Boticário e DPaschoal. Seguiu-se a lógica da replicação literal. Cada caso particular consistiu em um estudo completo, cujas conclusões foram comparadas para que se indicasse a extensão da lógica da replicação. Concluiu-se que a adoção do conjunto de todos os fatores de marketing foi o que ajudou as três marcas estudadas a se construir e a se tornar tão sólidas quanto são atualmente. Com base nas conclusões e levando-se em consideração as limitações do método da pesquisa, foram efetuadas recomendações sobre procedimentos e ações para a construção de marcas sólidas no Brasil.Strong brands developed for use by Brazilian owned companies were investigated to better understand marketing aspects involved. A qualitative exploratory case study was conducted for each of the brands, Gol, O Boticario and DPaschoal. Work was done and reported separately to facilitate identification of the extent of replication logic. Results indicated that a combination of all Marketing factors was necessary to achieve the current solidity of these brands which, however, did not necessarily imply perfection. Conclusions were included in recommendations for building strong Brazilian brands.

  15. Entrepreneurship and marketing

    OpenAIRE

    Sidorchuk, Roman

    2009-01-01

    This article analyzes the relationship marketing and entrepreneurship. Marketing considered as an integral part of entrepreneurship. Commit role in relationship marketing and entrepreneurship innovation. The role of marketing in the search for potential market demand of innovation as the scope of latent or unmet needs of customers. Shown the lack of marketing in today's special marketing tools for entrepreneurs.

  16. The Supply of Medical Radioisotopes. 2016 Medical Isotope Supply Review: 99Mo/99mTc Market Demand and Production Capacity Projection 2016-2021

    International Nuclear Information System (INIS)

    Charlton, Kevin; )

    2016-03-01

    Medical diagnostic imaging techniques using technetium-99m ( 99 mTc) account for approximately 80% of all nuclear medicine procedures, representing 30-40 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 only 6 hours for 99m Tc, and thus must be produced continuously - can lead to cancellations or delays in important medical testing services. Supply reliability has been challenged over the past decade due to unexpected shutdowns and extended refurbishment periods at some of the 99 Mo-producing research reactors and processing facilities. These shutdowns have at times created conditions for extended global supply shortages (e.g. 2009-2010). At the request of its member countries, the Nuclear Energy Agency (NEA) became involved in global efforts to ensure a secure supply of 99 Mo/ 99m Tc. Since June 2009, the NEA and its High-level Group on the Security of Supply of Medical Radioisotopes (HLG-MR) have examined the causes of supply shortages and developed a policy approach, including principles and supporting recommendations to address those causes. The NEA has also reviewed the global 99 Mo supply situation periodically, to highlight periods of potential reduced supply and to underscore the case for implementing the HLG-MR policy approach in a timely and globally consistent manner. In 2012, the NEA released a 99 Mo supply and demand forecast up to 2030, identifying periods of potential low supply relative to demand. That 2012 forecast was updated with a report in 2014 that focused on the much shorter 2015-2020 period. That report was updated in 2015 with a report, '2015 Medical Isotope Supply Review: 99 Mo/ 99m Tc Market Demand and Production Capacity Projection 2015-2020' (NEA, 2015), which focused on the same period. This report updates the 2015 report, and focuses on the important 2016-2021 period. At the end of 2015, the OSIRIS reactor

  17. The Supply of Medical Radioisotopes. 2015 Medical Isotope Supply Review: 99Mo/99mTc Market Demand and Production Capacity Projection 2015-2020

    International Nuclear Information System (INIS)

    Charlton, Kevin; )

    2015-08-01

    Medical diagnostic imaging techniques using technetium-99m ( 99m Tc) account for approximately 80% of all nuclear medicine procedures, representing 30-40 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 only 6 hours for 99m Tc, and thus must be produced continuously - can lead to cancellations or delays in important medical testing services. Unfortunately, supply reliability has been challenged over the past decade due to unexpected shutdowns and extended refurbishment periods at some of the mostly ageing, 99 Mo-producing research reactors and processing facilities. These shutdowns have at times created conditions for extended global supply shortages (e.g. 2009-2010). At the request of its member countries, the Nuclear Energy Agency (NEA) became involved in global efforts to ensure a secure supply of 99 Mo/ 99m Tc. Since June 2009, the NEA and its High-level Group on the Security of Supply of Medical Radioisotopes (HLG-MR) have examined the causes of supply shortages and developed a policy approach, including principles and supporting recommendations to address those causes. The NEA has also reviewed the global 99 Mo supply situation periodically, using the most up-to-date data available from supply chain participants, to highlight periods of potential reduced supply and to underscore the case for implementing the HLG-MR policy approach in a timely and globally consistent manner. In 2012, the NEA released a M o supply and demand forecast up to 2030, identifying periods of potential low supply relative to demand. That 2012 forecast was updated with a report 'Medical Isotope Supply in the Future: Production Capacity and Demand Forecast for the 99 Mo/ 99m Tc Market 2015-2020' (NEA, 2014) in 2014 that focused on the much shorter 2015-2020 period. This report updates the 2014 report, and continues to focus on the potentially critical 2015

  18. Life Insurance and Annuity Demand under Hyperbolic Discounting

    Directory of Open Access Journals (Sweden)

    Siqi Tang

    2018-04-01

    Full Text Available In this paper, we analyse and construct a lifetime utility maximisation model with hyperbolic discounting. Within the model, a number of assumptions are made: complete markets, actuarially fair life insurance/annuity is available, and investors have time-dependent preferences. Time dependent preferences are in contrast to the usual case of constant preferences (exponential discounting. We find: (1 investors (realistically demand more life insurance after retirement (in contrast to the standard model, which showed strong demand for life annuities, and annuities are rarely purchased; (2 optimal consumption paths exhibit a humped shape (which is usually only found in incomplete markets under the assumptions of the standard model.

  19. 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

  20. Innovation and Demand

    DEFF Research Database (Denmark)

    Andersen, Esben Sloth

    2007-01-01

    the demand-side of markets in the simplest possible way. This strategy has allowed a gradual increase in the sophistication of supply-side aspects of economic evolution, but the one-sided focus on supply is facing diminishing returns. Therefore, demand-side aspects of economic evolution have in recent years...... received increased attention. The present paper argues that the new emphasis on demand-side factors is quite crucial for a deepened understanding of economic evolution. The major reasons are the following: First, demand represents the core force of selection that gives direction to the evolutionary process....... Second, firms' innovative activities relate, directly or indirectly, to the structure of expected and actual demand. Third, the demand side represents the most obvious way of turning to the much-needed analysis of macro-evolutionary change of the economic system....

  1. Marketing solutions for Romanian retail companies

    Directory of Open Access Journals (Sweden)

    Marius BĂLĂŞESCU

    2015-06-01

    Full Text Available Current developments in the consumer goods market raises important and complex issues for all retail companies. Under increasingly strong competition, Romanian retail businesses need to solve outstanding issues regarding the integration in market mechanisms, the diagnose of problems faced in the competitive environment, the initiation and development of business or the determination of any activity’s feasibility. Furthermore, being employed in a direct relationship with market demand, retailers must permanently know and follow its requirements and demands, phenomenon requiring multiple researches, studies and analysis.

  2. The importance of flexibility in supply and demand in the natural gas market - The Brazilian case; A importancia da flexibilidade na oferta e na demanda de gas natural - o caso do mercado brasileiro

    Energy Technology Data Exchange (ETDEWEB)

    Almeida, Jose Ricardo Uchoa Cavalcanti

    2008-05-15

    The objective of this dissertation is to identify and discuss the main tools in implementing flexibility in supply and demand in the natural gas market, as well as highlight those which are the most appropriate for the Brazilian market. Flexibility, in this context, means the ability to guarantee a balance of supply versus demand without deficits, considering, mainly, the seasonal variations (winter-summer). From there, the study analyzes these flexibility tools in detail. Next, it discusses which of these flexibility tools are currently being used in more mature foreign markets and which tools could be feasibly applied to the Brazilian market. This dissertation also addresses how the natural gas thermoelectric market in Brazil shows a wide range of seasonality due to this segment's nature of complementing the Brazilian hydroelectric complex. This occurs because the capacity to generate hydroelectricity depends on rainfall for supplying reservoirs. Because of this interdependence, it examines how each the natural gas industry and the power industry operate, and their convergence. The flexibility tools which are already implemented here in Brazil are then presented. Finally, additional relevant new concepts and information are discussed to support the conclusions and final comments about the flexibility tools evolution and new applications. (author)

  3. Modelling gas markets - a survey

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-31

    This report reviews research of relevance to the analysis of present and future developments of the European natural gas market. The research activities considered are confined to (1) numerical models for gas markets, (2) analyses of energy demand, and (3) analyses of behaviour and cost structures in the transmission and distribution sector. Most of the market models are strictly micro economic and assume perfect competition or a game-theoretical equilibrium. They use sophisticated solution concepts, but very simplified specifications of supply and demand functions. Most of the research on demand is econometric analyses. These have more detailed model specification than have the aggregated market models. It is found, however, that the econometric literature based on neo-classical economics has not yielded unambiguous results and the specifications disregard important real world aspects of gas demand. The section on demand concludes that the extent of the gas grid is an important determinant for gas demand, but there has been virtually no research on what determines this variable. Data about transmission and distribution of gas in Europe is scarce and only a few non-econometric and virtually no econometric analyses are available. However, some conclusions can be made from relevant North American literature: (1) there has been significant autonomous technical progress in the transmission industry, (2) distribution costs strongly depend on geographical and other conditions, and (3) ownership, whether private or public, may be important for distribution costs and pricing policies. 56 refs., 3 figs., 1 tab.

  4. Modelling gas markets - a survey

    International Nuclear Information System (INIS)

    1997-01-01

    This report reviews research of relevance to the analysis of present and future developments of the European natural gas market. The research activities considered are confined to (1) numerical models for gas markets, (2) analyses of energy demand, and (3) analyses of behaviour and cost structures in the transmission and distribution sector. Most of the market models are strictly micro economic and assume perfect competition or a game-theoretical equilibrium. They use sophisticated solution concepts, but very simplified specifications of supply and demand functions. Most of the research on demand is econometric analyses. These have more detailed model specification than have the aggregated market models. It is found, however, that the econometric literature based on neo-classical economics has not yielded unambiguous results and the specifications disregard important real world aspects of gas demand. The section on demand concludes that the extent of the gas grid is an important determinant for gas demand, but there has been virtually no research on what determines this variable. Data about transmission and distribution of gas in Europe is scarce and only a few non-econometric and virtually no econometric analyses are available. However, some conclusions can be made from relevant North American literature: (1) there has been significant autonomous technical progress in the transmission industry, (2) distribution costs strongly depend on geographical and other conditions, and (3) ownership, whether private or public, may be important for distribution costs and pricing policies. 56 refs., 3 figs., 1 tab

  5. The 2009 Health Confidence Survey: public opinion on health reform varies; strong support for insurance market reform and public plan option, mixed response to tax cap.

    Science.gov (United States)

    Fronstin, Paul; Helman, Ruth

    2009-07-01

    PUBLIC SUPPORT FOR HEALTH REFORM: Findings from the 2009 Health Confidence Survey--the 12th annual HCS--indicate that Americans have already formed strong opinions regarding various aspects of health reform, even before details have been released regarding various key factors. These issues include health insurance market reform, the availability of a public plan option, mandates on employers and individuals, subsidized coverage for the low-income population, changes to the tax treatment of job-based health benefits, and regulatory oversight of health care. These opinions may change as details surface, especially as they concern financing options. In the absence of such details, the 2009 HCS finds generally strong support for the concepts of health reform options that are currently on the table. U.S. HEALTH SYSTEM GETS POOR MARKS, BUT SO DOES A MAJOR OVERHAUL: A majority rate the nation's health care system as fair (30 percent) or poor (29 percent). Only a small minority rate it excellent (6 percent) or very good (10 percent). While 14 percent of Americans think the health care system needs a major overhaul, 51 percent agree with the statement "there are some good things about our health care system, but major changes are needed." NATIONAL HEALTH PLAN ELEMENTS RATED HIGHLY: Between 68 percent and 88 percent of Americans either strongly or somewhat support health reform ideas such as national health plans, a public plan option, guaranteed issue, expansion of Medicare and Medicaid, and employer and individual mandates. MIXED REACTION TO HEALTH BENEFITS TAX CAP: Reaction to capping the current tax exclusion of employment-based health benefits is mixed. Nearly one-half of Americans (47 percent) would switch to a lower-cost plan if the tax exclusion were capped, 38 percent would stay on their current plan and pay the additional taxes, and 9 percent don't know. CONTINUED FAITH IN EMPLOYMENT-BASED BENEFITS, BUT DOUBTS ON AFFORDABILITY: Individuals with employment

  6. Capacity Markets and Market Stability

    International Nuclear Information System (INIS)

    Stauffer, Hoff

    2006-01-01

    The good news is that market stability can be achieved through a combination of longer-term contracts, auctions for far enough in the future to permit new entry, a capacity management system, and a demand curve. The bad news is that if and when stable capacity markets are designed, the markets may seem to be relatively close to where we started - with integrated resource planning. Market ideologues will find this anathema. (author)

  7. Marketing is Dead! Long Live Marketing!

    OpenAIRE

    Marjanova Jovanov, Tamara

    2016-01-01

    The contents of the lectures included: Why marketing? Citizen, Consumer, Customer (Behavior) Who is the Father of Marketing? Some Antecedents of Marketing When Did Marketing Start? The Contributors of Marketing Where Did Marketing Start? Job Positions in Today’s Marketing Organization The Role of the Chief Marketing Officer Four Different CEO Views of Marketing Reality – Truth – Challenge (Why Can’t We Make It?) The Strong and Steady Progress of Marketi...

  8. Uranium supply and demand

    International Nuclear Information System (INIS)

    1984-05-01

    This report covers the period 1983 to 1995. It draws together the industry's latest views on future trends in supply and demand, and sets them in their historical context. It devotes less discussion than its predecessors to the technical influences underpinning the Institute's supply and demand forecasts, and more to the factors which influence the market behaviour of the industry's various participants. As the last decade has clearly shown, these latter influences can easily be overlooked when undue attention is given to physical imbalances between supply and demand. (author)

  9. Misalignment between Post-Secondary Education Demand and Labour Market Supply: Preliminary Insight from Young Adults on the Evolving School to Work Transition

    Science.gov (United States)

    Graham, John R.; Shier, Micheal L.; Eisenstat, Marilyn

    2014-01-01

    Most research on labour market outcomes and higher education finds a positive relationship. This qualitative research sought to better understand how higher educational attainment contributes to employment outcomes from a subsample (n = 15) of a larger study (N = 36) on youth labour market attachment among minority, low socioeconomic status young…

  10. The Formation and Development of Illicit Performance and Image Enhancing Drug Markets: Exploring Supply and Demand, and Control Policies in Belgium and the Netherlands

    NARCIS (Netherlands)

    van de Ven, K.

    2016-01-01

    This research explores the understudied phenomenon of performance and image enhancing drug (PIED) markets by examining the structure and formation of the market for PIEDs in the Netherlands and Belgium. Furthermore, this study aims to understand and analyse the actors that operate in the PIED

  11. Demand Estimation

    OpenAIRE

    Elliot E. Combs

    2017-01-01

    Price elasticity shows the responsiveness of demand to changes in price. Negative price elasticity of demand (PED) signifies the inverse relationship between price and demand. According to the equation, PED is -1.19 for widgets, which means that an increase in price of $1 would result in a contraction of demand of $1.19. Since the change in price corresponds with a more than proportionate change in demand, PED is said to be elastic. As a result, an increase in price would discourage consumers...

  12. Demand Uncertainty

    DEFF Research Database (Denmark)

    Nguyen, Daniel Xuyen

    . This retooling addresses several shortcomings. First, the imperfect correlation of demands reconciles the sales variation observed in and across destinations. Second, since demands for the firm's output are correlated across destinations, a firm can use previously realized demands to forecast unknown demands...... in untested destinations. The option to forecast demands causes firms to delay exporting in order to gather more information about foreign demand. Third, since uncertainty is resolved after entry, many firms enter a destination and then exit after learning that they cannot profit. This prediction reconciles......This paper presents a model of trade that explains why firms wait to export and why many exporters fail. Firms face uncertain demands that are only realized after the firm enters the destination. The model retools the timing of uncertainty resolution found in productivity heterogeneity models...

  13. Oil supply and demand

    International Nuclear Information System (INIS)

    Rech, O.

    2004-01-01

    World oil demand, driven by economic development in China, posted the highest growth rate in 20 years. In a context of geopolitical uncertainty, prices are soaring, encouraged by low inventory and the low availability of residual production capacity. Will 2004 bring a change in the oil market paradigm? (author)

  14. Oil supply and demand

    International Nuclear Information System (INIS)

    Babusiaux, D.

    2004-01-01

    Following the military intervention in Iraq, it is taking longer than expected for Iraqi exports to make a comeback on the market. Demand is sustained by economic growth in China and in the United States. OPEC is modulating production to prevent inventory build-up. Prices have stayed high despite increased production by non-OPEC countries, especially Russia. (author)

  15. Oil supply and demand

    Energy Technology Data Exchange (ETDEWEB)

    Rech, O

    2004-07-01

    World oil demand, driven by economic development in China, posted the highest growth rate in 20 years. In a context of geopolitical uncertainty, prices are soaring, encouraged by low inventory and the low availability of residual production capacity. Will 2004 bring a change in the oil market paradigm? (author)

  16. The Global Organic Food Market and Transformation: Deductive Definition of Empiric Indicators, The Demand Explanation, The Institutional Explanation & Comparative Country Report: Denmark versus Sweden

    DEFF Research Database (Denmark)

    Rasmussen, Ole Horn

    The present study is part of the project “Public Policies and Demand for Organic Food: An International Comparison of Policy Effects and Policy Determinants” (COP). It is carried out in WP II that concerns the supply-side policies and demand. In the WP it has been an initial task to formulate...... for indicators to explain which factors can explain increase in organic foods production and consumption. It reaches the conclusion that the picture concerning the demand side is very blurred and that it is impossible to reveal which elements are crucial. However, the study also concludes that institutional...

  17. 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...

  18. O Mercado Brasileiro de Cruzeiros Marítimos: Características da Oferta e da Demanda / The Brazilian market for cruises: Characteristics of the behavior of supply and demand

    Directory of Open Access Journals (Sweden)

    Carlos Eduardo de Almeida Ramoa

    2015-04-01

    Full Text Available A demanda no mercado internacional de cruzeiros marítimos encontra-se em ascensão, exceto no Brasil. Este artigo tem como objetivo identificar a realidade atual do mercado brasileiro de cruzeiros marítimos quanto às características da frota que navega em águas do país, como fator de influência no comportamento do mercado brasileiro de cruzeiros marítimos. Com o intuito de atingir ao objetivo proposto, foi realizado um estudo exploratório e descritivo que permitiu identificar os dados da demanda por cruzeiros marítimos de 2004 a 2013 e a característica da frota ofertada ao mercado. No tratamento dos dados, para comparar o comportamento da demanda brasileira com os principais países do ranking internacional, foi utilizada a técnica de extrapolação matemática exponencial. Os resultados indicam que somente o mercado brasileiro apresenta números da demanda em queda, e quanto ao produto turístico cruzeiro marítimo, as companhias com embarque no Brasil disponibilizam navios padrão internacional, não sendo, portanto, esta a razão para o comportamento em queda da demanda por cruzeiros marítimos. The Brazilian market for cruises: Characteristics of the behavior of supply and demand - Demand in the international market for sea cruises is growing, except in Brazil. The general aim of this paper is to identify the reality of the Brazilian Cruise market versus the international market and the features of the fleet which navigates on the Brazilian seas. An exploratory and descriptive study has been done to reach main aim to identify the demand numbers for sea cruises, from 2004 through 2013, and the features of the ships offered to the Brazilian market. Data collected have been treated using mathematical extrapolation technique. The findings pointed that the sea companies associated to Brazilian Association of Shipping Companies [ABREMAR], have available international high quality standard ships to the Brazilian market, which means

  19. 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

  20. Marketing marketing

    NARCIS (Netherlands)

    dr. Karel Jan van Alsem

    2013-01-01

    In deze installatierede betoogt Karel Jan Alsem dat marketing een grotere strategische rol in organisaties zou moeten krijgen. Want marketing is bij uitstek de verbinding tussen klantwensen en het DNA van een organisatie. Doordat merken gemiddeld voor mensen niet heel belangrijk zijn, is goede

  1. Agricultural Marketing.

    Science.gov (United States)

    Helt, Lawrence; And Others

    Designed for use in farm business management adult programs, this marketing curriculum includes six teaching lessons and professional staff products. The following topics are covered in the lessons: introduction to marketing; interpretation of price/demand/supply cycles and fundamental outlook trends (carryover/projections/disappearance); farmers'…

  2. Marketing automation

    Directory of Open Access Journals (Sweden)

    TODOR Raluca Dania

    2017-01-01

    Full Text Available The automation of the marketing process seems to be nowadays, the only solution to face the major changes brought by the fast evolution of technology and the continuous increase in supply and demand. In order to achieve the desired marketing results, businessis have to employ digital marketing and communication services. These services are efficient and measurable thanks to the marketing technology used to track, score and implement each campaign. Due to the technical progress, the marketing fragmentation, demand for customized products and services on one side and the need to achieve constructive dialogue with the customers, immediate and flexible response and the necessity to measure the investments and the results on the other side, the classical marketing approached had changed continue to improve substantially.

  3. Innovation and Demand

    DEFF Research Database (Denmark)

    Andersen, Esben Sloth

    2007-01-01

    Economic evolution is an immensely complex phenomenon, so there is an obvious need of simplifying the way we handle this phenomenon. Since Nelson and Winter's pioneering formalisation of the Schumpeterian vision of innovation-driven evolution, the major simplification has been obtained by modelling...... the demand-side of markets in the simplest possible way. This strategy has allowed a gradual increase in the sophistication of supply-side aspects of economic evolution, but the one-sided focus on supply is facing diminishing returns. Therefore, demand-side aspects of economic evolution have in recent years....... Second, firms' innovative activities relate, directly or indirectly, to the structure of expected and actual demand. Third, the demand side represents the most obvious way of turning to the much-needed analysis of macro-evolutionary change of the economic system....

  4. Demand for male contraception.

    Science.gov (United States)

    Dorman, Emily; Bishai, David

    2012-10-01

    The biological basis for male contraception was established decades ago, but despite promising breakthroughs and the financial burden men increasingly bear due to better enforcement of child support policies, no viable alternative to the condom has been brought to market. Men who wish to control their fertility must rely on female compliance with contraceptives, barrier methods, vasectomy or abstinence. Over the last 10 years, the pharmaceutical industry has abandoned most of its investment in the field, leaving only nonprofit organisations and public entities pursuing male contraception. Leading explanations are uncertain forecasts of market demand pitted against the need for critical investments to demonstrate the safety of existing candidate products. This paper explores the developments and challenges in male contraception research. We produce preliminary estimates of potential market size for a safe and effective male contraceptive based on available data to estimate the potential market for a novel male method.

  5. Promotion and Fast Food Demand

    OpenAIRE

    Timothy J. Richards; Luis Padilla

    2009-01-01

    Many believe that fast food promotion is a significant cause of the obesity epidemic in North America. Industry members argue that promotion only reallocates brand shares and does not increase overall demand. We study the effect of fast food promotion on market share and total demand by estimating a discrete / continuous model of fast food restaurant choice and food expenditure that explicitly accounts for both spatial and temporal determinants of demand. Estimates are obtained using a unique...

  6. DemandStat

    International Nuclear Information System (INIS)

    2003-01-01

    DemandStat is an accurate and up-to-date international statistics database dedicated to energy demand, with an unrivaled level of details for powerful market analysis. It provides detailed consumption statistics (30 sectors) on all energies, detailed 2003 data and historical annual data since 1970, frequent data revision and update (2 updates options), 150 data sources gathered and expertized, all data on a single database Consistent and homogeneous statistics, in line with all major data providers (IEA, Eurostat, ADB, OLADE, etc), no ruptures in time-series with easy request building and data analysis and reactive support from data experts. (A.L.B.)

  7. The impact of black market exchange rate on the demand for money Case of Algeria during 1980-2010 : Econometric study

    Directory of Open Access Journals (Sweden)

    Ali BENDOB

    2014-06-01

    Full Text Available The main objective of this study is to analyze the relationship between the exchange rate and the parallel circulation of money (M1 in Algeria during the period 1980-2010. For this purpose, we use the proposed especially by Pesaran et al ARDL model. (2001. the results confirm the convergence of long-term determinants of the demand for money (income, consumption price index, interest rate deposits, the parallel exchange rate. In addition, the CUSUM test and CUSUMSQ clearly show the stability of the long-term relationship during the estimation period between the parallel exchange rate and demand for the currency in Algeria. Instead, the relationship becomes unstable once we use the official exchange rate.

  8. The Supply of Medical Radioisotopes. Medical Isotope Supply in the Future: Production Capacity and Demand. Forecast for the 99Mo/99mTc Market, 2015-2020

    International Nuclear Information System (INIS)

    Peykov, Pavel; Cameron, Ron

    2014-04-01

    This document presents a forecast of 99 Mo/ 99m Tc production capacity and demand in 2015-2020, when two major irradiators - the OSIRIS and NRU reactors in France and Canada - are expected to exit the global supply chain and new alternative technology projects may be commissioned. The forecast does not attempt to predict shortages, but identify periods when there is an increased risk of disrupted supply, to inform policy makers and other stakeholders. (authors)

  9. Optimal Fare, Vacancy Rate, and Subsidies under Log-Linear Demand with the Consideration of Externalities for a Cruising Taxi Market

    Directory of Open Access Journals (Sweden)

    Chun-Hsiao Chu

    2017-01-01

    Full Text Available Externality is an important issue for formulating the regulation policy of a taxi market. However, this issue is rarely taken into account in the current policy-making process, and it has not been adequately explored in prior research. This study extends the model proposed by Chang and Chu in 2009 with the aim of exploring the effect of externality on the optimization of the regulation policy of a cruising taxi market. A closed-form solution for optimizing the fare, vacancy rate, and subsidy of the market is derived. The results show that when the externality of taxi trips is taken into consideration, the optimal vacancy rate should be lower and the subsidy should be higher than they are under current conditions where externality is not considered. The results of the sensitivity analysis on the occupied and vacant distance indicate that the relation of the vacant distance to the marginal external cost is more sensitive than the occupied distance. The result of the sensitivity analysis on the subsidy shows the existence of a negative relationship between the marginal external cost and the optimal subsidy.

  10. Assessments of the market prospects for Myanmar timber

    International Nuclear Information System (INIS)

    Tin-Maung-Win

    2001-08-01

    Myanmar has been exporting teak and hardwood logs and conversions for a long time. It is found that there are three types of market situations with regard to logs and conversions. They are: situation that the demand of the market is strong; situation that the market has just picked up; situation that the demand is sluggish. Countries where the demand is strong are India, Thailand and Malaysia. Countries where the market is picking up are Singapore, PRC and the Middle East. Similarly, Europe's market is on the rise. Japan, Korea, Hong Kong and Pakistan markets are sluggish temporarily. North America's market can be said to be sluggish too. It is found that Australia has not been buying timber directly from Myanmar for the last few years and that it may not be in a position to buy Myanmar teak voluminously in the near future either. This paper is therefore a report focused on Myanmar Timber Enterprises' endeavour to earn foreign exchange in US Dollars and its assessment and evaluation of the market. The international market situation is studied and each country's situation focused on and presented. (author)

  11. Enrichment demand boosts SWU prices

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    The enrichment market is picking up significantly on very brisk demand. US utilities, which normally purchase material nine months to a year ahead of time, are already hitting the market to fill their 1996 requirements. In June, two non-US utilities, one European entity and a US utility bought SWUs, the entity in an off-market deal. But that doesn't tell the whole story. Three other US utilities entered the market during the month. Meanwhile, we count 13 more utilities getting ready to hit the market for more than 4 million SWUs. Why the surge in demand? Utilities, uncertain of the role to be played by the new US Enrichment Corp. and seeking to take advantage of low interest rates, are implementing buy and hold strategies. As a result, the upper end of NUKEM's SWU price range inched up to $78. The lower end dipped to $67 based on the European deal

  12. North American oil demand outlook

    International Nuclear Information System (INIS)

    Stewart, M.B.

    1995-01-01

    An understanding of the relationship of economic growth and potential petroleum product demand is needed to forecast the potential for North American oil demand growth as well as knowledge of world supply and price. The bullish expectations for economic growth in the US and Canada auger well for North American refiners and marketeers. The growth in world economic output forecast, however, means a larger oil demand and an increase in OPEC's pricing power. Such price increases could depress North American oil demand growth. (author)

  13. 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

  14. Demanding Satisfaction

    Science.gov (United States)

    Oguntoyinbo, Lekan

    2010-01-01

    It was the kind of crisis most universities dread. In November 2006, a group of minority student leaders at Indiana University-Purdue University Indianapolis (IUPUI) threatened to sue the university if administrators did not heed demands that included providing more funding for multicultural student groups. This article discusses how this threat…

  15. Cost and Demand Characteristics of Telecom Networks

    DEFF Research Database (Denmark)

    Falch, Morten

    1997-01-01

    The Chapter presents the general characteristics of the cost and demand profiles for telecommunication services and identifies the barriers towards a free competitive market for telecommunication services related to these characteristics.......The Chapter presents the general characteristics of the cost and demand profiles for telecommunication services and identifies the barriers towards a free competitive market for telecommunication services related to these characteristics....

  16. 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

  17. Geopolitics of oil markets

    International Nuclear Information System (INIS)

    Liscom, W.L.

    1991-01-01

    Geopolitics can inject a great deal of uncertainty and cause fundamental shifts in the overall direction of oil markets, which would otherwise act in a fairly predictable and stable manner. The Iraqi invasion of Kuwait and the response of the USA were definitely linked with oil, and the aftermath of the invasion left four geopolitical issues affecting world oil markets. The provision authorizing $1.6 billion in Iraqi oil exports under the United Nations sanctions was imposed with little concern about the potential impact of these exports on the oil market; Iraq could export as much as 1 million bbl/d and it is unlikely that exports would be stopped once the $1.6 billion limit is reached. By making up most of the supply shortfall during the Kuwait crisis, Saudi Arabia suddenly became the producer of over a third of OPEC oil supplies and now dominates OPEC. The Saudis have indicated it will swing production according to world demand, irrespective of what OPEC wants, so that world oil demand will return strongly and remain. Middle East politics in general will determine the stability of oil supplies in the region for many of the countries. A producer-consumer dialogue at the high governmental level has started, with a view to some type of multilateral understanding in the light of mutual interests in secure oil supplies. This is not likely to have a big impact on oil markets without participation and support from the USA. The recent changes in the Soviet Union have potential impacts in regard to the attraction of that market for Western investment, in particular to assist exports. The worldwide environmental movement will also play a geopolitical role in the world oil market due to its influence on oil taxation policies

  18. Mercado de madeiras tropicais: substituição na demanda de exportação Tropical sawnwood market: substitution export demand

    Directory of Open Access Journals (Sweden)

    Alexandre Nascimento de Almeida

    2010-03-01

    Full Text Available Neste trabalho foi abordado o grau de substituição de seis espécies da Amazônia no mercado internacional de madeira serrada. Utilizou-se como base metodológica o modelo de elasticidade de substituição. Os dados usados no modelo são mensais e foram coletados na Secretaria de Comércio Exterior do Brasil (SECEX para o período de janeiro de 1996 a setembro de 2007. As espécies analisadas foram: mogno (Swietenia macrophylla, cedro (Cedrela spp., virola (Virola surinamensis, louro (Nectandra spp. e Ocotea spp., angico (Anadenanthera spp. e ipê (Tabebuia spp.. As elasticidades estimadas indicaram que todas as espécies são boas substitutas ao mogno. Para as espécies que possuem características físicas diferentes, pode-se inferir que fatores de mercado relacionados à garantia de fornecimento do mogno influenciaram os resultados encontrados. Em geral, os resultados sugeriram uma semelhança entre as espécies consideradas nobres (mogno, ipê e cedro para o mercado internacional, indicando-as como boas substitutas entre si.This work analyzed the level of substitution of six Amazonian species on the international sawnwood market, by employing the substitution elasticity model. Data supplied by the Brazilian Department of Foreign Trade (SECEX was collected monthly from January/1996 to September/2007. The species analyzed were: mogno (Swietenia macrophylla, cedro (Cedrela spp., virola (Virola surinamensis, louro (Nectandra spp. e Ocotea spp., angico (Anadenanthera spp. e ipê (Tabebuia spp.. The elasticities indicated that all of the species as substitutes for mogno. For the species which possess different physical characteristics, market factors probably related to the supply guarantee of mogno have influenced these results. In general, the results suggested a similarity among the species considered noble (mogno, ipê and cedro on the international market indicating them as good substitutes among themselves.

  19. An inventory model of two-warehouse system with variable demand dependent on instantaneous displayed stock and marketing decisions via hybrid RCGA

    Directory of Open Access Journals (Sweden)

    A. K. Bhunia

    2011-04-01

    Full Text Available In this paper, a single item deterministic inventory model with two separate warehouses called owned warehouse/show-room (OW and rented warehouse (RW is developed. The proposed model of this paper also considers a realistic assumption regarding the storage capacity of the rented warehouse. Demand is a function of selling price, advertisement of an item and displayed inventory level in OW. The stocks of RW are shipped to OW under bulk release pattern where shortages are not allowed. We discuss different scenarios of the proposed model to address relative size of stock dependency parameters and the capacity of owned warehouse. For each scenario, the corresponding problem is formulated as a constrained mixed integer nonlinear programming problem with three integer and two non-integer variables and a real coded genetic algorithm (RCGA is developed to solve the resulted problem. The proposed model of the paper is also examined using some numerical examples and sensitivity analysis is performed.

  20. Green power marketing in retail competition: an early assessment

    International Nuclear Information System (INIS)

    Wiser, R.; Porter, K.; Fang, J.

    1999-01-01

    With retail competition being introduced throughout the United States, green power marketing offers the promise of customer-driven markets for renewable energy. This paper summarizes early experience with green marketing under full retail competition. We conclude that (1) niche markets exist today among residential and non-residential consumers for green power; (2) green demand may ultimately offer an important strategic market for renewable technologies, but the market is currently rather small and the long-term prospects remain uncertain; (3) the success of green markets will depend critically on the regulatory rules established at the onset of restructuring; and (4) the biomass industry will be forced to better communicate the environmental benefits of its technology in order to play a strong role within the green market. This paper is based on a more detailed NREL Topical Issues Brief, which is available on the Internet. (author)

  1. 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.

  2. Global PV Market Development

    International Nuclear Information System (INIS)

    Schmidt, F.

    2009-01-01

    The dawn of 2009 saw several events which caused major turbulence in the global photovoltaic industry. In 2008 the Spanish PV market grew beyond all expectations and even outranked Germany as the world's number one market. However, the promotion scheme was modified and a market cap was introduced in 2009, cutting back the maximum capacity to be installed to about the level of 2007. In addition, the industry is facing an oversupply of PV modules and a harsh recession which is significantly affecting the traditionally strong PV markets. International photovoltaic companies are challenged by a changing market situation: all of a sudden, competition has increased significantly, pushing the customer to the fore. As a result, a consolidation process is expected within the PV industry worldwide. However, the story is not all negative. In the U.S., the election of Barack Obama may be seen as the starting signal for a massive expansion in PV, likely to bring the country to first place globally within the next five years. Furthermore, different markets and market segments are being opened up - especially in Europe - thanks to the gradual arrival of generation parity and new PV support mechanisms. EuPD Research has observed and studied international PV markets since its foundation. The information included in the presentation is based on a wide range of quantitative and qualitative studies that EuPD Research has conducted in the key markets since 2002. Florian Schmidt, EuPD Research's Head of Product Management, will give an overview of the global PV market and how it is developing in this crucial year 2009. Aspects such as technology development, production capacities and the demand side will be included, with a special emphasis on the European PV markets. So far Chinese PV companies have often benefited from the booming PV markets in Europe, above all Germany and Spain. Due to the lack of domestic market, the Chinese industry strongly depends on the export and is

  3. Overview of Wholesale Electricity Markets

    Energy Technology Data Exchange (ETDEWEB)

    Milligan, Michael [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Bloom, Aaron P [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Cochran, Jaquelin M [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Townsend, Aaron [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Ela, Erik [Electric Power Research Institute; Botterud, Audun [Argonne National Laboratory; Levin, Todd [Argonne National Laboratory

    2018-02-15

    This chapter provides a comprehensive review of four key electricity markets: energy markets (day-ahead and real-time markets); ancillary service markets; financial transmission rights markets; capacity markets. It also discusses how the outcomes of each of these markets may be impacted by the introduction of high penetrations of variable generation. Furthermore, the chapter examines considerations needed to ensure that wholesale market designs are inclusive of emerging technologies, such as demand response, distributed generation, and distributed storage.

  4. 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

  5. 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.

  6. 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.

  7. 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

  8. The alchemy of demand response: turning demand into supply

    Energy Technology Data Exchange (ETDEWEB)

    Rochlin, Cliff

    2009-11-15

    Paying customers to refrain from purchasing products they want seems to run counter to the normal operation of markets. Demand response should be interpreted not as a supply-side resource but as a secondary market that attempts to correct the misallocation of electricity among electric users caused by regulated average rate tariffs. In a world with costless metering, the DR solution results in inefficiency as measured by deadweight losses. (author)

  9. Changing taste preferences, market demands and traditions in Pearl Lagoon, Nicaragua: A community reliant on green turtles for income and nutrition

    Directory of Open Access Journals (Sweden)

    Garland Kathryn

    2010-01-01

    Full Text Available Caribbean Nicaragua has its own cultural logic that helps to explain the eating habits of indigenous communities that rely on sea turtle meat for nutrition and prefer its taste to that of other available meats. Nutritional costs and benefits form a fundamental part of this reliance, yet there are ecological, economic, cultural, and other factors that may be just as if not more important than the nutritional value of turtle meat. Caribbean Nicaraguans have legally harvested green turtles (Chelonia mydas for more than 400 years, and continue to rely on the species as an inexpensive and tasty source of protein and income. From 1967 to 1977, green turtles were harvested for both local and foreign consumption, including annual exports to the US and Europe from turtle packing plants in Nicaragua in excess of 10,000 turtles. Although the processing plants have been closed for over 30 years after Nicaragua became a signatory of CITES in 1977, the local demand for turtle meat in coastal communities has continued. Following themes of cultural ecology and ecological anthropology, we first discuss what is known about the traditional culture of Caribbean Nicaragua, in particular the history of its changing economy (after European contact and settlement on the coast and subsistence lifestyle of Miskito and Creole societies on the coast. Second, we provide background information on regional ethnic identity and the human ecology of the Caribbean Nicaragua sea turtle fishery. We then present a quantitative analysis of the relationship between protein preference and various demographic characteristics, and speculate whether protein preferences have been altered in the coastal culture, providing recommendations for future research. Recent studies present disparate views on whether nesting and foraging green turtle populations are increasing or decreasing in the region: in either case the level of harvest makes the topic of protein preference an important and

  10. In demand

    Energy Technology Data Exchange (ETDEWEB)

    Coleman, B. [Bridgestone Ltd. (United Kingdom)

    2005-11-01

    The paper explains how good relationships can help alleviate potential tyre shortages. Demand for large dump truck tyres (largely for China) has increased by 50% within 12 months. Bridgestone's manufacturing plants are operating at maximum capacity. The company supplies tyres to all vehicles at Scottish Coal's opencast coal mines. Its Tyre Management System (TMS) supplied free of charge to customers helps maximise tyre life and minimise downtime from data on pressure, tread and general conditions fed into the hand-held TMS computer. 3 photos.

  11. Television Advertising and Soda Demand

    OpenAIRE

    Lopez, Rigoberto A.; Liu, Yizao; Zhu, Chen

    2012-01-01

    This study examines the effects of television advertising on consumer demand for carbonated soft drinks using a random coefficients logit model (BLP) with household and advertising data from seven U.S. cities over a three year period. We find that advertising decreases the price elasticity of demand, indicating that advertising plays predominantly a persuasive, therefore anti-competitive role in this market. Further results show that brand spillover effects are significant and that measuring ...

  12. Medium-Term Oil Market Report 2007

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    How much oil will the world consume in 2012? What role will OPEC play in global oil production? Will biofuels become an important part of the oil market? How will the refinery sector cope? The International Energy Agency (IEA) Medium-Term Oil Market Report tackles these questions, adopting a perspective that goes beyond the traditional short-term market analysis provided in the IEA Oil Market Report. Drawing on current futures curves and the investment threshold for upstream projects, the Medium-Term Oil Market Report analyses how global demand and supply balances may develop. By assessing all firmly planned upstream and downstream projects worldwide, this report forecasts supply and demand potential for crude and petroleum products over the next five years. The results provide an invaluable insight into vital issues such as surplus production capacity and product supply. An essential report for all policymakers, 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.

  13. O profissional da informação e as habilidades exigidas pelo mercado de trabalho emergente The professional of the information and abilities demanded for the emergent work market

    Directory of Open Access Journals (Sweden)

    Andréa Vasconcelos Carvalho

    2006-01-01

    Full Text Available Diante de um novo perfil do emprego e do mercado de trabalho - que se transforma marcadamente em face das tecnologias de informação e comunicação (TIC há uma demanda por profissionais munidos de novas habilidades e competências. Assim, objetiva-se, de modo geral, analisar as novas habilidades demandadas pelo mercado de trabalho atual para o profissional da informação. Para tanto, busca-se especificamente, caracterizar os fatores determinantes do contexto atual; verificar o impacto das TIC no mercado de trabalho do profissional da informação; e conhecer as transformações ocorridas no perfil deste profissional frente a estas mudanças. Para alcançar os objetivos propostos recorreu-se à pesquisa bibliográfica, bem como à análise de anúncios de empregos divulgados no website Catho On-line. A análise dos dados se deu de forma comparativa entre os anos de 2003 e 2005 e, permitiu concluir que as habilidades exigidas para o profissional da informação na atualidade dizem respeito, além dos conhecimentos técnicos, a fluência em idioma estrangeiro, ao domínio da informática, aos conhecimentos gerencias e, principalmente, às habilidades interpessoais.Facing a new profile of the job and the labor market - that changes remarkably regarding to the new technologies of information and communication (TIC, there is a demand for professionals who posses new abilities and competences. It was aimed at, then, in general, to analyze the new abilities disputed by the labor market for the professional of information, because of the new available resources. In order to do that, it was specifically searched, to characterize the decisive factors of the current context; to verify the impact of the TIC in the labor market of the professional of information; and to know the transformations happened in the profile of these professionals before these changes. To reach the proposed objectives it was realized bibliographical research, as well as to the

  14. Molybdenum market in transition

    International Nuclear Information System (INIS)

    Sutulov, A.

    1980-01-01

    Since the beginning of 1980 - after seven years of constant unbalance between supply and demand of molybdenum, characterized by a demand overhang and after two years of unprecedented spot market prices - clear signals for a consolidation of the molybdenum market can be recognized. (orig.) [de

  15. Price elasticity of demand: An overlooked concept

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    An all-too-common mistake in analyzing the uranium market is to assume that demand for uranium is driven only by the design and operational parameters of nuclear power plants. Because it is generally accepted that demand for uranium is inelastic, not much attention has been given to how prices can indirectly affect demand. The purpose of this paper is to highlight the factors that are most sensitive to uranium prices, and to show how they alter uranium demand

  16. Demand side management of electric car charging

    DEFF Research Database (Denmark)

    Finn, P.; Fitzpatrick, C.; Connolly, David

    2012-01-01

    in terms of distributed energy storage and flexible load. This paper examines how optimising the charging cycles of an electriccar using DSM (DemandSideManagement) based on a number of criteria could be used to achieve financial savings, increased demand on renewable energy, reduce demand on thermal...... generation plant, and reduce peak load demand. The results demonstrate that significant gains can be achieved using currently available market data which highlights the point that DSM can be implemented without any further technological advents....

  17. Coal: Demand up - prices down

    International Nuclear Information System (INIS)

    Prior, M.

    1993-01-01

    1992 was a year in which demand for traded coal moved upward in the steam-coal sector though it remained stagnant for metallurgical coal. Both Australia and South Africa exported record volumes and new extrants to the market came from Indonesia and Venezuela. Despite this upward movement in demand, coal prices slipped relentlessly downward to the point where at the year-end, significant mine closures were occurring throughout the world. The main question for 1993 is how long can the producers go on hurting before the prices start to move up? The overall world demand for steam coal is discussed

  18. Demand relationships in orange exports to Russia: a differential demand system approach focusing on Egypt

    Directory of Open Access Journals (Sweden)

    Assem Abu Hatab

    2016-10-01

    Full Text Available Abstract Recent years have witnessed closer diplomatic relations between Egypt and Russia, which have led to significant growth in the countries’ bilateral agricultural trade. As a world-leading producer and exporter of oranges, these developments represent an opportunity for Egypt to promote its orange exports to Russia. Another emerging opportunity for Egypt to increase its share in the Russian market for imported oranges has been provided by import embargos imposed by Russia in recent years on agricultural and food commodities from several countries, creating a supply gap of around 25 % in the Russian orange market. To assess the competitiveness of Egyptian oranges and explore the potential export opportunities presented by the Russian market, this paper uses a Rotterdam import allocation model to analyse demand relationships among major orange suppliers to Russia during the period 1996–2014. The results show that in comparison with other orange suppliers, Egypt enjoys a strong comparative advantage in the export of oranges to Russia. The econometric results suggest that both Morocco and Egypt would benefit the most if Russia were to allocate a larger budget to the import of oranges. The expenditure elasticity estimates indicate that an increase in Russia’s demand for imported oranges would lead to increases in the quantity of Egypt’s orange exports, as well as in its share of the Russian orange market. Furthermore, cross-price elasticity estimates reveal that Egyptian oranges are substitutes for Turkish and South African oranges, implying that Russia has a tendency to switch to these two suppliers when Egyptian oranges become relatively expensive. In light of these results, the adoption of strategies to produce oranges sustainably and cost-effectively, upgrade the orange value chain, acquire processing technologies and enhance the technical and organisational capacity of farmers and exporters could be useful means for promoting

  19. A marketing profile of the Asian consumer market

    OpenAIRE

    2012-01-01

    M.Comm. Marketers have historically found it convenient to bundle the Asian consumer market together with the black consumer market or the white consumer market depending on the product or event under consideration. As we move toward an era of customised products and individualised service, minority markets become more difficult to overlook. Their unique characteristics demand that they be targeted as separate and unique market segments distinct from the mass markets that dominate the mark...

  20. 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.

  1. Risk premiums in the German day-ahead Electricity Market

    International Nuclear Information System (INIS)

    Viehmann, Johannes

    2011-01-01

    This paper conducts an empirical analysis of risk premiums in the German day-ahead Electricity Wholesale Market. We compare hourly price data of the European Energy Exchange (EEX) auction and of the continuous over-the-counter (OTC) market which takes place prior to the EEX auction. Data provided by the Energy Exchange Austria (EXAA) has been used as a snapshot of the OTC market two hours prior to the EEX auction. Ex post analysis found market participants are willing to pay both significant positive and negative premiums for hourly contracts. The largest positive premiums were paid for high demand evening peak hours on weekdays during winter months. By contrast, night hours on weekends featuring lowest demand levels display negative premiums. Additionally, ex ante analysis found a strong positive correlation between the expected tightness of the system and positive premiums. For this purpose, a tightness factor has been introduced that includes expectations of fundamental factors such as power plant availability, wind power production and demand. Hence, findings by can be supported that power traders in liberalised markets behave like risk-averse rational economic agents. - Research highlights: →Analysis of hourly risk premiums in the German day-ahead Electricity Wholesale Market. →Market participants are willing to pay both significant positive and negative premiums for hourly contracts. →A strong correlation exists between the expected tightness of the power system and premiums.

  2. The New Electricity Market of Singapore : regulatory framework, market power and competition

    International Nuclear Information System (INIS)

    Chang, Y.

    2007-01-01

    This study examines whether the New Electricity Market of Singapore (NEMS) is functioning at a workable level of competition. The generation market of the NEMS appears highly concentrated by a four-firm concentration ratio or the Herfindahl-Hirschman Index. However, other measures of market power present that the NEMS is working at close to a competitive market. First, there seems to be a number of effective competitors in the market. Second, Supply Margin Assessment and Residual Supply Index support that the market is competitive though there are some possibilities in which the largest generator or a few large generators jointly could still have market power. Third, the Lerner Index of the NEMS shows that the generation market is fairly competitive and the Lerner Index adjusted with an industry level price elasticity of demand implies that there has not been much exercise of market power. Finally, vesting contracts - a contractual obligation of a specified quantity of electricity supply to the market - have appeared to be a strong and effective tool to mitigate market power in the NEMS. The vesting contracts are considered the force behind the lowering in the average Uniform Singapore Electricity Price and the Lerner Index in 2004. [Author

  3. The New Electricity Market of Singapore: Regulatory framework, market power and competition

    International Nuclear Information System (INIS)

    Chang Youngho

    2007-01-01

    This study examines whether the New Electricity Market of Singapore (NEMS) is functioning at a workable level of competition. The generation market of the NEMS appears highly concentrated by a four-firm concentration ratio or the Herfindahl-Hirschman Index. However, other measures of market power present that the NEMS is working at close to a competitive market. First, there seems to be a number of effective competitors in the market. Second, Supply Margin Assessment and Residual Supply Index support that the market is competitive though there are some possibilities in which the largest generator or a few large generators jointly could still have market power. Third, the Lerner Index of the NEMS shows that the generation market is fairly competitive and the Lerner Index adjusted with an industry level price elasticity of demand implies that there has not been much exercise of market power. Finally, vesting contracts-a contractual obligation of a specified quantity of electricity supply to the market-have appeared to be a strong and effective tool to mitigate market power in the NEMS. The vesting contracts are considered the force behind the lowering in the average Uniform Singapore Electricity Price and the Lerner Index in 2004

  4. 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)

  5. 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)

  6. Grabbing opportunities in a strong market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-15

    Grab unloader manufacturers are experiencing higher order intakes but are facing increasingly stringent airborne pollution restrictions. The article reports on a recent developments in grab-type ship unloaders for handling coal, from manufacturers including Techint Technologies, and ThyssenKrupp Foerdertechnik (TFK). A TFK crane recently installed in Sepetiba port (Brazil) is equipped with a long slippage flap to prevent grab spillage dropping between the ship and quay. Dust Solutions Inc. (DSE) produces a dry-fog water spray which generates a dense fog of 1-10 micron water droplets to blanket the dust source and keep particles from becoming airborne. 4 photos.

  7. Supplies should match growing demand

    International Nuclear Information System (INIS)

    Rasmusen, H.J.

    1997-01-01

    The natural gas industry is currently enjoying healthy growth prospects. Not only is the demand for natural gas steadily growing; the outlook for increasing gas reserves is promising as well. The success of natural gas in the marketplace reflects, on one hand, continuous attention paid to public and customer requirements and, on the other hand, the ability of the gas industry to direct technological developments toward the increasing public demand for gas at competitive market prices supplied in a reliable, safe and environmentally friendly manner. In the past, the gas industry has been involved in the development of technologies for everything from gas production to the end user and from borehole to burner tip, and the author believes that the industry must continue or even increase its emphasis on technology in the future in order to capture new market opportunities. He explains this by looking at the supply side, the demand side and the structural side of the business

  8. LNG demand, shipping will expand through 2010

    International Nuclear Information System (INIS)

    True, W.R.

    1998-01-01

    The 1990s, especially the middle years, have witnessed a dramatic turnaround in the growth of liquefied-natural-gas demand which has tracked equally strong natural-gas demand growth. This trend was underscored late last year by several annual studies of world LNG demand and shipping. As 1998 began, however, economic turmoil in Asian financial markets has clouded near-term prospects for LNG in particular and all energy in general. But the extent of damage to energy markets is so far unclear. A study by US-based Institute of Gas Technology, Des Plaines, IL, reveals that LNG imports worldwide have climbed nearly 8%/year since 1980 and account for 25% of all natural gas traded internationally. In the mid-1970s, the share was only 5%. In 1996, the most recent year for which complete data are available, world LNG trade rose 7.7% to a record 92 billion cu m, outpacing the overall consumption for natural gas which increased 4.7% in 1996. By 2015, says the IGT study, natural-gas use would surpass coal as the world''s second most widely used fuel, after petroleum. Much of this growth will occur in the developing countries of Asia where gas use, before the current economic crisis began, was projected to grow 8%/year through 2015. Similar trends are reflected in another study of LNG trade released at year end 1997, this from Ocean Shipping Consultants Ltd., Surrey, U.K. The study was done too early, however, to consider the effects of the financial problems roiling Asia

  9. 大學圖書館電子資源之需求分析與行銷策略之研究 A Study of Demands Analysis and Marketing Strategy of Electronic Resources in University Library

    Directory of Open Access Journals (Sweden)

    Huang-Yu Liu

    2008-03-01

    Model as the main analytical tool to examine cases in which readers/ students show real demands to electronic resources. The study concludes with promotion and marketing strategies with regards to service offerings for the university libraries.

  10. The World Demand for Catfish Pangasius

    DEFF Research Database (Denmark)

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

    2014-01-01

    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....... Direct elasticity including own- and cross- price elasticity and income elasticity are calculated to show how consumers from different markets of the world prefer for the Pangasius catfish. We found that catfish products have big room of market demand, indicated by absolute values of own price......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...

  11. Regulating Consumer Demand in Insurance Markets

    NARCIS (Netherlands)

    D. Schwarcz (Daniel)

    2010-01-01

    textabstractIn recent years, it has become increasingly clear that Expected Utility Theory (EUT) is a remarkably poor theory of how and why individuals purchase insurance. However, the normative implications of this conclusion have remained largely unexplored. This Article takes up this issue. It

  12. Regulating Consumer Demand in Insurance Markets

    OpenAIRE

    Schwarcz, Daniel

    2010-01-01

    textabstractIn recent years, it has become increasingly clear that Expected Utility Theory (EUT) is a remarkably poor theory of how and why individuals purchase insurance. However, the normative implications of this conclusion have remained largely unexplored. This Article takes up this issue. It argues that many observed deviations from EUT are likely the result of mistakes, in the sense that consumers would act differently than they do if they possessed perfect information and cognitive res...

  13. 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

  14. Development of hydrogen market: the outlook for demand, wing energy production, mass storage and distribution to vehicles in the regions; Developpement des marches de l'hydrogene demande prospective dans l'industrie, production par energie eolienne, stockage massif et distribution aux vehicules en region

    Energy Technology Data Exchange (ETDEWEB)

    Le Duigou, A. [CEA Saclay, DEN/DANS/I-Tese, 91 - Gif-sur-Yvette (France); Quemere, M.M. [EDF R and D, 77 - Moret-Sur- Loing (France); Marion, P.; Decarre, S. [IFP Energies nouvelles, 92 - Rueil-Malmaison (France); Sinegre, L.; Nadau, L.; Pierre, H. [GDF SUEZ, DRI, 93 - La Plaine Saint Denis (France); Menanteau, Ph. [LEPII, Universite de Grenoble - CNRS, 38 (France); Rastetter, A. [ALPHEA, EURODEV Center, 57 - Forbach (France); Cuni, A.; Barbier, F. [Air Liquide, 75 - Paris (France); Mulard, Ph. [Total, La Defense, Raffige Marketing, 92 - Courbevoie (France); Alleau, Th. [AFH2, 75 - Paris (France); Antoine, L. [ADEME, Agence de l' Environnement et de la Maitrise de l' Energie, 75 - Paris (France)

    2011-03-15

    The HyFrance3 project has provided a national framework for reflection, debate and strategic exchange between major public and industrial research players, namely for their hydrogen technology arms in France (Air Liquide, Total Refining and Marketing, EDF R and D, GDF SUEZ, CNRS-LEPII Energies Nouvelles, AFH2, ALPHEA, ADEME (co-financing and partner) and the CEA (coordinator)). This project focuses on studying the landscape, trends and economic competitiveness of some links in the hydrogen chain, for industrial and energy applications, over a period referred to as 'short term' (2020-2030). Four study subjects were tackled: the prospective demand for hydrogen in industry (analysis of the current situation and outlook for 2030, in particular for refining based on two scenarios on mobility), production of hydrogen for transport uses from wind-produced electricity, mass storage that would have to be set up in the Rhone Alpes and PACA regions, to balance supply that is subject to deliberate (maintenance) or involuntary interruptions, and the distribution of hydrogen in the region, for automobile use (gas station network in the Rhone Alpes and PACA regions) by 2050 (with end period all-in costs between 0.4 eur/kg and 0.6 eur/kg, as a function of the price of energy and the distance from the storage site). (authors)

  15. The Market for Smart Growth

    Science.gov (United States)

    Based on several studies of market demand, the authors determined that consumer demand for smart growth would translate into more than 600,000 houses out of the approximately 2 million new housing units built in 2007.

  16. Are All Marketers Liars ?

    OpenAIRE

    Sunanto, Sandra

    2006-01-01

    Today, consumers demand higher levels of quality, reliability, and durability of product A marketer must understand consumer's expectations and try to satisfy those and retain the consumer's loyalty.The shift from golden age of marketing to post age creates new challenge for marketer because consumers do not trust television commercials anymore. In this age consumers love being told a storyTo tell a story marketer must understand what is a great story. A great story must true, authentic, trus...

  17. Youth job market specific features

    Directory of Open Access Journals (Sweden)

    Evgeniya Yu. Zhuravleva

    2011-05-01

    Full Text Available The article considers youth job market peculiarities, its specific features and regulation means, determines theoretical and application tasks of qualitative and quantitative comparison of vocations, which are highly in demand at the job market.

  18. 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... Regulating Handling Definitions § 984.22 Trade demand. (a) Inshell. The quantity of merchantable inshell walnuts that the trade will acquire from all handlers during a marketing year for distribution in the...

  19. US rubber markets recover

    International Nuclear Information System (INIS)

    Wood, A.

    1993-01-01

    Synthetic rubber markets in North America bounced back in no uncertain terms last year, with demand climbing an impressive 9.5%, to 2.97 million m.t.; and, according to the International Institute of Synthetic Rubber Producers (IIS-RP; Houston) latest five-year forecast, producers can look forward to a 3.3% increase in demand during 1993. This growth rate outpaced out 1992 forecast and demonstrates the resilience of the synthetic rubber industry, says William E. Tessemer, managing director of IISRP. We expect demand in 1993 to surpass 1992 and level off at a 2%/year growth rate for synthetic rubber - 2.5% including thermoplastic elastomers [TPEs]-over the 1993-97 period. The improvement reflects signs of a recovery in North America, especially the pickup in the auto and tire industry. The two major tire rubbers - styrene butadiene and polybutadiene rubber - notched up double-digit gains, and other materials that have autos uses, such as nitrile rubber and many of the specialty elastomers, also advanced strongly

  20. Supply based on demand dynamical model

    Science.gov (United States)

    Levi, Asaf; Sabuco, Juan; Sanjuán, Miguel A. F.

    2018-04-01

    We propose and numerically analyze a simple dynamical model that describes the firm behaviors under uncertainty of demand. Iterating this simple model and varying some parameter values, we observe a wide variety of market dynamics such as equilibria, periodic, and chaotic behaviors. Interestingly, the model is also able to reproduce market collapses.

  1. Strategic Disclosure of Demand Information by Duopolists

    DEFF Research Database (Denmark)

    Jansen, Jos; Pollak, Andreas

    We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where firms may fail to receive information, we show that firms selectively disclose information in equilibrium in order to influence their competitor's product-market strategy...

  2. Demand sensing in e-business

    Indian Academy of Sciences (India)

    R. Narasimhan (Krishtel eMaging) 1461 1996 Oct 15 13:05:22

    Accurate assessment of demand and market shares is critical for many businesses and public organizations. Examples of its .... entiation in service policies that offers a cost-effective compromise between marketing and operations. ...... work on single alternative selected on utility-maximization principle. In the cases with ...

  3. Modelling the Demand for Money in Pakistan

    OpenAIRE

    Qayyum, Abdul

    2005-01-01

    The study estimates the dynamic demand for money (M2) function in Pakistan by employing cointegration analysis and error correction mechanism. The parameters of preferred model are found to be super-exogenous for the relevant class of interventions. It is found that the rate of inflation is an important determinant of money demand in Pakistan. The analysis reveals that the rates of interest, market rate, and bond yield are important for the long-run money demand behaviour. Since the preferred...

  4. 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

  5. Endogenous Money Supply and Money Demand

    OpenAIRE

    Woon Gyu Choi; Seonghwan Oh

    2000-01-01

    This paper explores the behavior of money demand by explicitly accounting for the money supply endogeneity arising from endogenous monetary policy and financial innovations. Our theoretical analysis indicates that money supply factors matter in the money demand function when the money supply partially responds to money demand. Our empirical results with U.S. data provide strong evidence for the relevance of the policy stance to the demand for MI under a regime in which monetary policy is subs...

  6. Market scope

    International Nuclear Information System (INIS)

    2002-01-01

    Nova Scotia's Energy Strategy is aimed at opening the electricity market to wholesale competition, allowing eligible wholesale customers (such as municipal distribution utilities) to buy their electricity from competitive sources. The Nova Scotia Electricity Marketplace Governance Committee (EMGC) is concerned that this will not promote long-term competition because these eligible customers form only a very small fraction (1.6 per cent) of the total electricity demand in the province. This report examines the possible extensions of competition beyond the minimum specified in the Energy Strategy. It also identifies approaches that the EMGC may consider, including other potential levels of competition and their associated issues. The report discussed the issue of implementing wholesale competition as it relates to unbundling of the transmission tariff from the cost of energy supply and from the cost of distribution in retail marketing. The stages of expanding the market scope were also described with reference to large industrial customers, medium industrial and large commercial customers, and small commercial and residential customers. The report states that it is unlikely that the transition to an open access transmission market will need to be reversed, as it is likely to be an essential component of any further development. The EMGC feels it could minimize future transition costs and promote future evolution of competition by recommending for an institutional and market structure that is compatible with a broader competitive market

  7. Strong demand despite increased excise duty / Ella Karapetyan

    Index Scriptorium Estoniae

    Karapetyan, Ella

    2010-01-01

    Ettevõtte Liviko juht Janek Kalvi räägib alkohoolsete jookide turust Eestis, ettevõtte tegevusest ja investeeringutest. Kuigi Eestis tõusis alkohoolsete jookide aktsiis, ei ole tarbimine vähenenud

  8. A novel incentive-based retail demand response program for collaborative participation of small customers

    NARCIS (Netherlands)

    Zehir, M. A.; Wevers, M. H.; Batman, A.; Bagriyanik, M.; Hurink, J. L.; Kucuk, U.; Soares, F. J.; Ozdemir, A.

    2017-01-01

    Integration of aggregated demand response into the wholesale electricity market is an emerging field of research. Contrary to conventional service providers, most of the demand side participants act voluntarily. However, due to wholesale market regulations, reliable and effective participation of

  9. Hard Copy Market Overview

    Science.gov (United States)

    Testan, Peter R.

    1987-04-01

    A number of Color Hard Copy (CHC) market drivers are currently indicating strong growth in the use of CHC technologies for the business graphics marketplace. These market drivers relate to product, software, color monitors and color copiers. The use of color in business graphics allows more information to be relayed than is normally the case in a monochrome format. The communicative powers of full-color computer generated output in the business graphics application area will continue to induce end users to desire and require color in their future applications. A number of color hard copy technologies will be utilized in the presentation graphics arena. Thermal transfer, ink jet, photographic and electrophotographic technologies are all expected to be utilized in the business graphics presentation application area in the future. Since the end of 1984, the availability of color application software packages has grown significantly. Sales revenue generated by business graphics software is expected to grow at a compound annual growth rate of just over 40 percent to 1990. Increased availability of packages to allow the integration of text and graphics is expected. Currently, the latest versions of page description languages such as Postscript, Interpress and DDL all support color output. The use of color monitors will also drive the demand for color hard copy in the business graphics market place. The availability of higher resolution screens is allowing color monitors to be easily used for both text and graphics applications in the office environment. During 1987, the sales of color monitors are expected to surpass the sales of monochrome monitors. Another major color hard copy market driver will be the color copier. In order to take advantage of the communications power of computer generated color output, multiple copies are required for distribution. Product introductions of a new generation of color copiers is now underway with additional introductions expected

  10. Optimal real time cost-benefit based demand response with intermittent resources

    International Nuclear Information System (INIS)

    Zareen, N.; Mustafa, M.W.; Sultana, U.; Nadia, R.; Khattak, M.A.

    2015-01-01

    Ever-increasing price of conventional energy resources and related environmental concern enforced to explore alternative energy sources. Inherent uncertainty of power generation and demand being strongly influenced by the electricity market has posed severe challenges for DRPs (Demand Response Programs). Definitely, the success of such uncertain energy systems under new market structures is critically decided by the advancement of innovative technical and financial tools. Recent exponential growth of DG (distributed generations) demanded both the grid reliability and financial cost–benefits analysis for deregulated electricity market stakeholders. Based on the SGT (signaling game theory), the paper presents a novel user-aware demand-management approach where the price are colligated with grid condition uncertainties to manage the peak residential loads. The degree of information disturbances are considered as a key factor for evaluating electricity bidding mechanisms in the presence of independent multi-generation resources and price-elastic demand. A correlation between the cost–benefit price and variable reliability of grid is established under uncertain generation and demand conditions. Impacts of the strategies on load shape, benefit of customers and the reduction of energy consumption are inspected and compared with Time-of-Used based DRPs. Simulation results show that the proposed DRP can significantly reduce or even eliminate peak-hour energy consumption, leading to a substantial raise of revenues with 18% increase in the load reduction and a considerable improvement in system reliability is evidenced. - Highlights: • Proposed an optimal real time cost-benefit based demand response model. • Used signaling game theory for the information disturbances in deregulated market. • Introduced a correlation between the cost–benefit price and variable grid reliability. • Derive robust bidding strategies for utility/customers successful participation.

  11. The Conditions of Creation and Prospects of Weather Derivatives Development on the Domestic Market

    Directory of Open Access Journals (Sweden)

    Piotr Binkowski

    2008-06-01

    Full Text Available Analysing the possibility of creations and prospects of weather derivatives development on the domestic market the first of all should be identify the business areas that are strongly exposed for weather risk, which are: energy, agricultural, building and transportation. The specificity of the Polish climate is the high volatility of the major weather factors like temperature or precipitations. Similar to other European countries where weather derivatives markets already exist (e.g.: Germany, France, and United Kingdom. Having in mind dynamic grow of companies with regards to management processes, used technologies and marketing strategies, the exposure for weather risk is getting higher. Therefore, there is a strong pressure for creation of mechanisms and instruments that will allow reducing that kind of risks. Currently in Poland there are no conditions for development of weather derivatives market due to lack of demand. That situation is caused by low level of awareness regarding to possibilities of reducing weather risks. Within a few years the demand for such the instruments will appear ñ together with growing awareness. Once the demand for weather derivative will appear, the existing infrastructure of financial sector is ready for its implementation. Of course it is hard to say what will be the direction of whether derivatives grow on the domestic financial market but taking into consideration its dynamic grow and strong correlations with global markets, there is a small probability that weather derivatives will not appear on the Polish market ñ it is only the matter of time.

  12. Uranium resources, production and demand

    International Nuclear Information System (INIS)

    1988-01-01

    Nuclear power-generating capacity will continue to expand, albeit at a slower pace than during the past fifteen years. This expansion must be matched by an adequately increasing supply of uranium. This report compares uranium supply and demand data in free market countries with the nuclear industry's natural uranium requirements up to the year 2000. It also reviews the status of uranium exploration, resources and production in 46 countries

  13. 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

  14. 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

  15. Mass market development strategies of software industries: Case study based research

    Directory of Open Access Journals (Sweden)

    Varun Gupta

    2016-09-01

    Full Text Available The success in competitive mass market software development depends on the quality of software development and market segments targeted. Market segments are categorized by uncertainties contributed by “Newness” and “turbulences”, making the software success stochastic in nature. Selecting good market segments, delivering high quality software versions in the lowest time than competitors, result in increasing demand in markets and ultimately revenues. Enhanced customer base is beneficial for current product as well as for future products of industry in the form of increased reputation and increased involvement of customers in future development. The case study was conducted with 13 representatives drawing experiences of 14 mass market projects. Results indicate that software solutions are delivered to few investors or in highly competitive markets, as per the survey's findings of the marketing departments. The software organizations are reluctant to deliver relatively complex solutions in new markets unless and until strongly convinced with the probable success. The method for selection of market segments belonging to new and existing markets for undertaking the software delivery is also proposed in this paper. The model will help software industry decide the market segments and high abstract level features that could increase probability of software success. Poor selection of markets or targeting markets of “improper” size affects the market share of the industry to a great extend.

  16. Energy market and investment - political economy of supply security in the market of energy

    International Nuclear Information System (INIS)

    Leban, R.

    2005-01-01

    A market structure that appears to be adapted to achieving a supply security purpose in the sectors of oil power and gas, is an organisation where upstream energy markets include industrial players of adequate sizes involved downstream and where futures exchanges prevail at prices translating anticipations on 'basics' since spot markets are more of adjustment markets. Policy weighs hugely on those markets. The extra competition lately instilled in the electrical and gas markets in developed countries results in no decrease, as complicated exchange rules need to be thought up and the market power needs to be monitored. Political intervention is also carried out in the name of environmental policies, in a strong interaction with the operation of the said markets and therefore with a not insignificant risk of disruption. The oil market is a highly political one, since the key to exchanges, i.e. access to primary resources, is played between producing countries and huge oil and gas companies close to consuming countries. There is a strong temptation in the electrical sector, to add security policies in order to prevail over the market. Gas, which is oil upstream and electrical downstream, requires, in consuming countries, a delicate balance of policies to support operators as buyers and to control the same operators as players of the gas- gas competition. The prognosis on the market's ability to provide safe supply efficiently to citizens if security policies are implemented is rather good in areas where demand is moderately growing and networks are developed. It is however not as good in areas where there are high needs for production and transport investments, i.e. in countries that are developing now, and will be...in Europe soon. (author)

  17. Uranium. Resources, production and demand

    International Nuclear Information System (INIS)

    1997-01-01

    The events characterising the world uranium market in the last several years illustrate the persistent uncertainly faced by uranium producers and consumers worldwide. With world nuclear capacity expanding and uranium production satisfying only about 60 per cent of demand, uranium stockpiles continue to be depleted at a high rate. The uncertainty related to the remaining levels of world uranium stockpiles and to the amount of surplus defence material that will be entering the market makes it difficult to determine when a closer balance between uranium supply and demand will be reached. Information in this report provides insights into changes expected in uranium supply and demand until well into the next century. The 'Red Book', jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is the foremost reference on uranium. This world report is based on official information from 59 countries and includes compilations of statistics on resources, exploration, production and demand as of 1 January 1997. It provides substantial new information from all of the major uranium producing centres in Africa, Australia, Eastern Europe, North America and the New Independent States, including the first-ever official reports on uranium production in Estonia, Mongolia, the Russian Federation and Uzbekistan. It also contains an international expert analysis of industry statistics and worldwide projections of nuclear energy growth, uranium requirements and uranium supply

  18. The balance of supply and demand

    International Nuclear Information System (INIS)

    Darmayan, P.

    1981-01-01

    The Supply and Demand Committee of the Uranium Institute was established to monitor continuously information and developments bearing on the uranium market and to publish from time to time reports giving its views on the supply and demand outlook. The last Uranium Institute supply and demand report was compiled at the beginning of 1979. Its main conclusions were that from 1979 to 1990 the flexibilities of the market were such as to offer adequate scope to producers and consumers of uranium to ensure a balance between supply and demand. Is that conclusion still valid one and a half years later. Some of the Supply and Demand Committee's more recent estimates are reported under the headings: reactor orders and cancellations; revised Institute forecasts of nuclear capacity; uranium supply; main implications of the new forecasts. (U.K.)

  19. Option value of electricity demand response

    Energy Technology Data Exchange (ETDEWEB)

    Sezgen, Osman; Goldman, C.A. [Lawrence Berkeley National Laboratory, 1 Cyclotron Road, Berkeley CA 94720 (United States); Krishnarao, P. [Citigroup Energy Inc., 1301 Fannin St, Houston, TX 77002 (United States)

    2007-02-15

    As electricity markets deregulate and energy tariffs increasingly expose customers to commodity price volatility, it is difficult for energy consumers to assess the economic value of investments in technologies that manage electricity demand in response to changing energy prices. The key uncertainties in evaluating the economics of demand-response technologies are the level and volatility of future wholesale energy prices. In this paper, we demonstrate that financial engineering methodologies originally developed for pricing equity and commodity derivatives (e.g., futures, swaps, options) can be used to estimate the value of demand-response technologies. We adapt models used to value energy options and assets to value three common demand-response strategies: load curtailment, load shifting or displacement, and short-term fuel substitution-specifically, distributed generation. These option models represent an improvement to traditional discounted cash flow methods for assessing the relative merits of demand-side technology investments in restructured electricity markets. (author)

  20. Option value of electricity demand response

    International Nuclear Information System (INIS)

    Sezgen, Osman; Goldman, C.A.; Krishnarao, P.

    2007-01-01

    As electricity markets deregulate and energy tariffs increasingly expose customers to commodity price volatility, it is difficult for energy consumers to assess the economic value of investments in technologies that manage electricity demand in response to changing energy prices. The key uncertainties in evaluating the economics of demand-response technologies are the level and volatility of future wholesale energy prices. In this paper, we demonstrate that financial engineering methodologies originally developed for pricing equity and commodity derivatives (e.g., futures, swaps, options) can be used to estimate the value of demand-response technologies. We adapt models used to value energy options and assets to value three common demand-response strategies: load curtailment, load shifting or displacement, and short-term fuel substitution-specifically, distributed generation. These option models represent an improvement to traditional discounted cash flow methods for assessing the relative merits of demand-side technology investments in restructured electricity markets. (author)

  1. Direct marketing and market communication process

    Directory of Open Access Journals (Sweden)

    Jovović Sanja

    2007-01-01

    Full Text Available Direct marketing is marketing which demands immediate reply. That reply can be an order, a request for an additional information, a registration, a telephone call or a visit. This work presents direct marketing as the most contemporary method of company communications with environs. A concept of direct marketing is made and aimed for complete identification of existing customers and for finding out potential customers. Mail, printed documents e-mail and new medias are used as modern communications channels. It is especially emphasizes the Internet as an important media.

  2. The long-term supply/demand trend of world energy and the current oil situation in the Asia

    International Nuclear Information System (INIS)

    Okamoto, Hiroyuki

    1996-01-01

    Total world primary energy consumption excluding the FSU increased by 2.9% in 1995, which is somewhat above the 10 year average rate of 2.4%. This reflected strong economic growth in most parts of the world. The increase in demand confirmed the recovery of the link between the economic growth and consumption of primary energy, which broke down in the period of oil crises. Oil demand in the Asian Emerging Market Economies has continued to be very strong. Oil demand has doubled in a decade in this region and is now one sixth of world consumption. Malaysia was the fastest growing oil market in the world in 1995 at 15.5%. In volume terms, S. Korea grew the most in the world by 170,000 b/d, closely followed by China and India. Because of the fast growing oil demand, many energy economists expect a tight supply situation in the Asian oil market in the early 21st Century. However, recent technological developments would be able to supply crude oil appropriate for an increase in oil demand. (author)

  3. Natural gas liquids markets in the United States

    International Nuclear Information System (INIS)

    Anderson, W.E.

    1991-01-01

    Changes in natural gas liquids (NGL) markets in the USA, brought about primarily by environmental issues and actions, are reviewed. Three aspects of the Clean Air Act amendments are exerting a powerful influence on NGL product demands. Regulatory limits on Reed vapor pressure (RVP) reduce the amount of evaporative hydrocarbon emissions, and lower-RVP gasoline is leaner in the more volatile hydrocarbons. This means primarily a lower n-butane content, and during the 1990-91 summer blending season it is estimated that half of total U.S. gas plant production of n-butane was being eliminated from the traditional refinery blending market. N-butane prices fell, making n-butane attractive as a petrochemical feedstock. Regulatory requirements for reformulated and oxygenated gasolines, for which methyl tertiary butyl ether (MTBE) will be the largest single source of oxygenate, have increased demand for NGL butanes used as the basic raw material in MBTE manufacture. This demand should increase enough to absorb all the n-butane dislodged from the gasoline blending market. The amendments also specify that in selected metropolitan areas having severe air quality problems, an alternative fuels program must be established. In the alternative fuels market, propane is already well-established due to favorable economics and proven performance, and significant new demand for propane in metropolitan markets is expected. Ethylene, the basic raw material for plastics manufacture, is mainly derived from NGLs and the continued strong demand for plastics will have a positive effect on the NGL market. NGL product demand profiles and projections are presented in graph form for ethane, propane, butanes, and pentanes plus. 4 figs

  4. Asia's energy markets: headed back to the fast track

    Energy Technology Data Exchange (ETDEWEB)

    Tanizaki, J. [Standard and Poor' s Research Services, Lexington, MA (USA)

    2000-06-01

    Since the crisis, growth prospects for Asian economies have improved considerably. After receiving and initial fillip from eased fiscal and monetary policies, overall domestic economic demand has recovered and exports are posting strong advances. The rebound of the region's economies, along with the sheer size of its demand and development potential, will make Asia once again a magnet for energy investment. This article analysts the trend of the Asia energy market with details about oil, coal and gas. 5 figs.

  5. To market, to market

    International Nuclear Information System (INIS)

    Lieberman, J.I.

    1992-01-01

    Senator Lieberman and three fellow members of Congress introduced the CO 2 Offset Policy Efficiency Act (COPE), which incorporates the use of marketable permits to reduce CO 2 emissions. For COPE to be fully effective, however, several key criteria must be met: (1) establishing initial baselines will be critical to ensure that emission reductions are credited properly; (2) accurate plant-by-plant monitoring must be in place to ensure that claimed reductions have actually occurred; (3) the program must include a strong enforcement provision to prevent evasion and to punish violators with substantial automatic fines. COPE imposes a sanction equal to roughly four times the estimated cost of offsets; the sanctions would be paid before enforcement proceedings commence. The urgency and complexity of global warming requires us to break with the past and develop new ways of delaying with pollution, Senator Lieberman feels by giving the market a chance to work on behalf of the environment, the sale of emission allowance will reduce CO 2 emissions in the most-efficient cost-effective way possible

  6. Demand chain management - The evolution

    Directory of Open Access Journals (Sweden)

    D Ericsson

    2011-06-01

    Full Text Available The concepts of Supply Chain Management (SCM and Demand Chain Management (DCM are among the new and debated topics concerning logistics in the literature. The question considered in this paper is: “Are these concepts needed or will they just add to the confusion?” Lasting business concepts have always evolved in close interaction between business and academia. Different approaches start out in business and they are then, more or less si- multaneously, aligned, integrated, systemised and structured in academia. In this way a terminology (or language is provided that helps in further diffusion of the concepts. There is a lack of consensus on the definition of the concept of SCM. This may be one of the major reasons for the difficulty in advancing the science and measuring the results of implementation in business. Relationships in SCM span from rather loose coalitions to highly structured virtual network integrations. DCM is a highly organised chain in which the key is mutual interdependence and partnership. The purpose is to create a distinctive competence for the chain as a whole that helps to identify and satisfy customer needs and wishes. The classical research concerning vertical marketing systems is very helpful in systemising the rather unstructured discussions in current SCM research. The trend lies in increasing competition between channels rather than between companies, which in turn leads to the creation of channels with a high degree of partnership and mutual interdependence between members. These types of channels are known as organised vertical marketing systems in the classic marketing channel research. The behaviour in these types of channels, as well as the formal and informal structures, roles in the network, power and dependence relations, etc. are well covered topics in the literature. The concept of vertical marketing systems lies behind the definition of demand chains and demand chain management proposed in this paper. A

  7. [Healthcare marketing elements].

    Science.gov (United States)

    Ameri, Cinzia; Fiorini, Fulvio

    2014-01-01

    Marketing puts its foundation on a few key concepts: need-demand, product-service, satisfaction, exchange, market, or business structure manufacturing / supply. The combination of these elements allows you to build an effective marketing strategy. Crucial in this respect is to remember the Porter matrix, which shows that for a correct analysis of the relevant market is necessary to refer to the "five forces at play", ie: customers, competitors, new entrants and substitutes threat. Another key lever for proper marketing oriented approach is the continuous and constant monitoring of the application, anticipating their dissatisfactions.

  8. Timber Production and Markets

    Science.gov (United States)

    Jeffrey P. Prestemon; Brian C. Murray

    2003-01-01

    Timber production has been the foundation of active forest management for over a century. The science and economics of forest management were developed 1.50 years ago, but for years, the focus was on activity at the stand level, with very little attention to market phenomena such as price behavior, demand factors, substitution, and market structure. That has changed as...

  9. Academic Marketing

    Directory of Open Access Journals (Sweden)

    Ecaterina Daniela ZECA

    2017-06-01

    Full Text Available Academic Marketing is an investment in a future dominated by The Forth Industrial Revolution and Globalization and not an expense. This aspect will basically alter our way to teach and to learn. In its dimensions, arguably changes will be like anything we has seen before. We try to assess how will be all unfold but, anyway, academic field response at this challenge should be integrated and comprehensive, involving all stakeholders both public and private sectors, because these changes herald upheaval of whole organizations. The educational service is a special one, delivered today but with effects in the future, the future of the individual, the future of generation, the future of nations. The educational service policy adapted to the requirements of time, brings to the front the opportunity of academic marketing. To analyze demand in a professional way, to measure trends and correlated university programs with the forecast demand for jobs, it is the subject. In the case of academic education, we are talking also about cost, distribution and promotion policies, but being a special service we also discuss about ethic boundaries. This work is an open chapter focusing studies on academic megamarketing, the work keeping up with the pace of change, students enrolment mobility, overtakes job market, and an imposed win-win-win formula, applied for students, local community and academic field.

  10. Local Labor Market Conditions and Crime: Evidence from the Brazilian Trade Liberalization

    OpenAIRE

    Dix-Carneiro, Rafael; Soares, Rodrigo R.; Ulyssea, Gabriel

    2016-01-01

    This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates. Contrary to the previous literature, which has focused exclusively on developed countries with relatively low crime rates, we find that labor market conditions have a strong effect on homicides. We exploit the 1990s trade liberalization in Brazil as a natural experiment generating exogenous shocks to local labor demand. Regions facing more negative shocks experience large r...

  11. Market segmentation in tourism: An application of the Schwartz's value theory

    OpenAIRE

    Veljković Saša; Hristov Branislava; Čolić Lazar

    2015-01-01

    Tourism is one of the fastest growing economic sectors. As nowdays tourism market is characterized by rapid changes and strong competition, the struggle for tourists represents everyday issue which tourist entities face with. In the past few decades, tourism demand has significantly been changed. From the unified and mass, it has become highly informed, personalized, with different individual requirements and preferences. Market segmentation occurs as an inevitable process in delivering appro...

  12. Sustainable packaging design for consumer electronics products: Balancing marketing, logistics and environmental requirements

    OpenAIRE

    Wever, R.; Boks, C.B.; Pratama, I.; Stevels, A.L.N.

    2007-01-01

    Packaging design for consumer electronic products is a challenge because contradictory demands from a distribution perspective and a marketing perspective have to be balanced. With several company departments involved and powerful external stakeholders this is a complicated matter. As the level of sophistication of data concerning a packagings marketing performance is limited, decisions are often strongly based on beliefs. This is reflected in inconsistencies in packaging that is currently in...

  13. The Vulnerability of the Regional Labor Market

    Directory of Open Access Journals (Sweden)

    Mihail Rarița

    2015-05-01

    Full Text Available In the past decades, the European and Romanian economies have been strongly affected by major changes which have influenced also the labor market: the alert pace of the international economic integration, the creation of work division in order to protect some economic sectors, the accelerated development and implementation of new technologies, the increase of the demographic aging trends. In the context of the amplified labor force crisis, the present paper will analyze some dysfunctions which have affected especially the regional labor market: the chronic unemployment, the mismatch between the demand and the offer of jobs and the localized consequences of the labor migration. The approach on these aspects was done in a vaster context intended to analyze the regional labor market of Galati and Braila, starting from the existent imbalances on these markets. The present paper starts from the premise that the proposal of some measurements which should lead to a balancing of the regional working market, must take into account the way in which the direct actors involved are defining these obstacles and opportunities for professional (reinsertion. In order to highlight both the opinions and the perceptions of the participants on the labor market, the research had to take place on two levels: among the groups with a difficult position on the labor market and among the employers.

  14. 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

  15. Rewards for Good Marketing

    Science.gov (United States)

    Germain, Carol Anne, Ed.

    2009-01-01

    Many professional library associations and affiliates "strongly encourage" the marketing of libraries and their wares. These organizations present awards, certificates, and monetary enticements to honor outstanding marketing programs. For most individuals or teams who are already working on and implementing marketing programs, the added effort of…

  16. MODERN MARKETING TOOLS IN THE NEW ECONOMY: EXPERIENTIAL MARKETING

    OpenAIRE

    Chesnokova, M.; Kirillovskaya A.

    2013-01-01

    In the hyper-competitive market, the company's ability to choose the right marketing strategy is very important. Companies need to use the old and develop new marketing concepts, such as the creation and development of the brand and marketing experience. A strong brand can create a strong emotional connection between the product and the consumer. One of the tools that create a similar connection, is marketing experience.

  17. 7 CFR 989.54 - Marketing policy.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 8 2010-01-01 2010-01-01 false Marketing policy. 989.54 Section 989.54 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL MARKETING SERVICE (Marketing Agreements... CALIFORNIA Order Regulating Handling Marketing Policy § 989.54 Marketing policy. (a) Trade demand. On or...

  18. [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

  19. Customer choice and green power marketing in the United States: how far can it take us?

    International Nuclear Information System (INIS)

    Wiser, Ryan; Bolinger, Mark; Holt, Edward

    2000-01-01

    This article explores whether and to what extent individuals are willing to voluntarily pay a premium for products that provide public environmental benefits. In particular, we critically review and analyze the status and impacts of U.S. green power marketing to date. Green power marketing - the business of selling electricity products distinguished by their environmental attributes - seeks to develop a private market for renewable energy driven by consumer demand for green products. Debate has centered on the ability of such a market to provide a significant level of support for renewable energy sources. This paper examines experience to date with green power markets in the United States, proving an historical overview, reviewing product offerings, assessing customer response, and calculating overall support for renewable energy. While market research shows that a majority of the populace states a willingness to pay a premium for renewable energy, early experience with green power marketing shows that those attitudes have not yet translated into large-scale behavior change, tracking experience in other environment product markets. While a niche market for green power does exist, the data presented in this paper indicate that the collective impact of customer-driven demand on renewable generation has been modest thus far. Much will need to be done if this market is to play a strong role in supporting renewable energy in the early part of the millennium. Several lessons on how to potentially improve the prospects of green power marketing are therefore discussed. (author)

  20. Bond Market Analysis: the Main Constraints in the Research of 21st Century

    Directory of Open Access Journals (Sweden)

    Ieva Astrauskaitė

    2013-09-01

    Full Text Available Searching for alternative source of bank financing, the view on capital market is taken. Recent research on capital market issues are arranged into four dimensions: theory and assumptions of efficient capital market, government’s role in it, other distortions and global interrelatedness. Main investigations are decentralized and visualized in “theoretical eight” model. Conclusions made on the diversity of interpretation of market efficiency, strongly expressed demand of information symmetry, soft actions of governments and the value of foreign performance in domestic markets. Furthermore, new approach to the classification of countries by their maturity in capital market is argued. The state of art of 2009-2012 of bond market and government debt is briefly described.

  1. Measuring marketing effectiveness.

    Science.gov (United States)

    Gluckman, J; Michaelis, T

    1987-09-01

    The most frequent question about the marketing function in hospitals today is, What are we getting for our money? To answer this, marketing directors must convince the board first of the need for marketing, then of marketing's effectiveness. To measure marketing effectiveness, some basic needs are a staff, equipment, cooperation between departments, utilization data, and a research budget. Some steps to be followed include developing a marketing data base--consisting of demographic projections, demand projections, and market share--testing a marketing strategy through experimentation, documenting the expected results and measurement techniques, and calculating the expected return on investments. In dealing with those "impossible-to-measure" cases, such as a physician who is not advertising but finds that a competitor is, a decision tree can help determine whether to advertise and how much to spend by indicating what the return on investment might be.

  2. Heterogeneous fundamentalists and market maker inventories

    International Nuclear Information System (INIS)

    Carraro, Alessandro; Ricchiuti, Giorgio

    2015-01-01

    In this paper, we develop a heterogeneous agents model of asset price and inventory with a market maker who considers the excess demand of two groups of agents that employ the same trading rule (i.e. fundamentalists) with different beliefs on the fundamental value. The dynamics of our model is driven by a bi-dimensional discrete non-linear map. We show that the market maker has a destabilizing role when she actively manages the inventory. Moreover, inventory share and the distance between agents’ beliefs strongly influence the results: market instability and periodic, or even, chaotic price fluctuations can be generated. Finally, we show through simulations that endogenous fluctuations of the fractions of agents may trigger instability for a larger set of parameters.

  3. Market design and supply security in imperfect power markets

    International Nuclear Information System (INIS)

    Schwenen, Sebastian

    2014-01-01

    Supply security in imperfect power markets is modelled under different market designs. In a uniform price auction for electricity with two firms, strategic behaviour may leave firms offering too few capacities and unable to supply all realized demand. Market design that relies on capacity markets increases available generation capacities for sufficiently high capacity prices and consequently decreases energy prices. However, equilibrium capacity prices are non-competitive. Capacity markets can increase security of supply, but cannot mitigate market power, which is exercised in the capacity market instead of the energy market. - Highlights: • I model two power generating firms who compete to serve stochastic demand in a multiunit uniform price auction. • In equilibrium, blackout probabilities can arise through capacity withholding. • Capacity mechanisms decrease capacity withholding and the expected energy price. • With dominant firms, capacity mechanisms are only effective if capacity prices are non-competitive and include a mark-up for leaving the energy-only market optimum

  4. Romanian Market Researches in Global Market Context

    Directory of Open Access Journals (Sweden)

    Victor Danciu

    2006-05-01

    Full Text Available Market research is a powerful industry, whose value reached 21,5 billion USD in 2004. Market studies expenses are mostly concentrated in Europe (45% and in USA (37%. The market shares of the Top 10 companies were above fifty per cent of the research market’s turnover. As a young, modest market, which is 0,84% of the global expenses value, Romania was the global leader in terms of growth, in 2004. With an asymmetric demand and a relatively concentrated offer, the Romanian research market may have a spectacular development in the future, if the obstacles for the customers and research companies are surpassed. If so, the pressures following the UE’s entry of Romania and the evolution of customers needs and expectations will speed up the growth of the market research.

  5. Excess Demand and Cost Relationships Among Kentucky Nursing Homes

    OpenAIRE

    Davis, Mark A.; Freeman, James W.

    1994-01-01

    This article examines the influence of excess demand on nursing home costs. Previous work indicates that excess demand, reflected in a pervasive shortage of nursing home beds, constrains market competition and patient care expenditures. According to this view, nursing homes located in under-bedded markets can reduce costs and quality with impunity because there is no pressure to compete for residents. Predictions based on the excess demand argument were tested using 1989 data from a sample of...

  6. Demonstrating demand response from water distribution system through pump scheduling

    International Nuclear Information System (INIS)

    Menke, Ruben; Abraham, Edo; Parpas, Panos; Stoianov, Ivan

    2016-01-01

    those of contemporary competing technologies such as open cycle gas turbines. The demand response services considered vary in their response time and duration as well as commitment requirements. The financial viability of a demand response service committed continuously is shown to be strongly dependent on the utilisation of the pumps and the electricity tariffs used by water utilities. Through the analysis of range of water demand scenarios and financial incentives using real market data, we demonstrate how a WDS can participate in a demand response scheme and generate financial gains and environmental benefits.

  7. Market Design and Supply Security in Imperfect Power Markets

    DEFF Research Database (Denmark)

    Schwenen, Sebastian

    2014-01-01

    Supply security in imperfect power markets is modelled under different market designs. In a uniform price auction for electricity with two firms, strategic behaviour may leave firms offering too few capacities and unable to supply all realized demand. Market design that relies oncapacity markets...... increases available generation capacities for sufficiently high capacity prices and consequently decreases energy prices. However, equilibrium capacity prices are non-competitive. Capacity markets can increase security of supply, but cannot mitigate market power, which is exercised in the capacity market...

  8. International Oil Supplies and Demands. Volume 2

    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.

  9. International Oil Supplies and Demands. Volume 1

    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.

  10. Reference data on world oil markets

    International Nuclear Information System (INIS)

    2005-01-01

    This paper makes a status of the 2004 activity of worldwide oil markets: oil demand, oil supplies (OPEC and non-OPEC countries, unused production capacities), formation of oil prices (role of stockpiles, role of terminal markets, impact of dollar rate), economic data: OPEC objectives, market vision, volatility of prices, supply and demand. (J.S.)

  11. The estimate of world demand for Pangasius catfish (Pangasiusianodon hypopthalmus)

    DEFF Research Database (Denmark)

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

    2017-01-01

    in all markets except Latin America evaluate Pangasius as a necessary good, indicating that the Pangasius industry is relatively little affected by recessions and booms in the world economy. The major markets are substitutes for each other; therefore, if demand at one market region is reduced...

  12. Current rules and state of readiness of the competitive market

    International Nuclear Information System (INIS)

    Campbell, B.

    2001-01-01

    The focus of this presentation was on the governance, operation and regulation of the Independent Market Operator (IMO) in a competitive electricity market in Ontario. The presentation also included an update on the progress toward market readiness and discussed the principles guiding government decision making, recognizing that it is government that holds the decision on the market opening date. The IMO has been running Ontario's bulk electric system for more than 50 years, overseeing its safe and reliable operation while balancing demand and supply. IMOs are also leading the drive to a competitive, deregulated wholesale electricity marketplace in Ontario. When open, IMOs will run the electricity spot market, collecting offers from suppliers and bids from purchasers to determine a spot market price for electricity which will reflect demand across the province. Rules and processes are being developed to ensure the Ontario marketplace will operate to benefit both consumers and producers. The four principles guiding governments in the opening of electricity markets are to protect consumers and offer more choice, ensure a strong business climate with a reliable supply of electricity, to protect the environment, and to support alternative sources of power

  13. The evolution of hard coal trade in the Pacific market

    International Nuclear Information System (INIS)

    Ekawan, Rudianto; Duchene, Michel; Goetz, Damien

    2006-01-01

    This article analyses the evolution of hard coal trade in the Asia Pacific region, known as the Pacific market, from the 1980s to the present years. It investigates the development of the trade pattern, the nature of contracts, the price setting, the supply demand and the future of trade. Over the last two decades, the international trade in the Pacific market has achieved dramatic increases in coal commerce. This achievement is due to strong demand in Japan and North-east Asian countries and progressive coal export in Australia and Indonesia. It is likely that this market will continue to expand and become a more important market in replacing the Atlantic market. In this market, historically, long-term supply contracts were usual and concluded between producer and consumer. Even recently, there are still annual contracts, but with a small number of deals. In contrast, spot transactions are now becoming more important. Previously, Japan had been influential in price setting by establishing 'a benchmark price' with Australian coal suppliers. Afterward 'a reference price' was becoming a trend. Nowadays, spot price indices, such as the Barlow Jonker, the Barlow Jonker ACR and globalCOAL, have become important to set the price. The Pacific market growth is not without problems. The exporter countries, particularly Australia and Indonesia, have some challenges that if they are not resolved at present, it would implicate the performance of the coal trade

  14. Nigerian tourists to South Africa: Challenges, expectations and demands

    Directory of Open Access Journals (Sweden)

    Ikechukwu O. Ezeuduji

    2013-08-01

    Research purpose: This paper investigated the challenges, demands and expectations of Nigerian tourists to South Africa. Motivation for the study: Nigeria, along with other African nations, has been identified as one of the core regional source markets with air links to South Africa. Increasing revenue generated from regional tourism is important to South African Tourism. Research design, approach and method: Descriptive statistics and Chi-square tests were used to analyse the data collected using a questionnaire survey of 320 Nigerian tourists to South Africa. Main findings: Results showed that Nigerian tourists visit South Africa mostly for the purposes of business, holiday, visiting friends and relatives, education and medical care. Challenges perceived by these Nigerian tourists visiting South Africa include long waiting time for the visa process in Nigeria, expensive cost of living in South Africa, safety and security problems, not so many airlines to choose from and expensive flight costs. Nigerian tourists mostly expect South Africans to be friendlier and have expectations of linking up with new business partners or performing transactions. They also have a strong demand for shopping, leisure and quality education. Practical/managerial implications: This study recommends a bilateral tourism relationship agreement between the Nigerian and South African governments to ameliorate the visa process; targeted marketing communications by South African Tourism toward Nigerian tourists based on study results; strong police presence and proper policing in South Africa; air transport liberalisation and low-cost carriers implementation for shared economic growth within the African region. Contribution/value-add: No former research has specifically identified Nigerian tourists’ challenges, expectations and demands whilst visiting South Africa.

  15. Energy in Southeast Asia: from Networks to Markets Integration

    International Nuclear Information System (INIS)

    Cornot-Gandolphe, Sylvie

    2017-01-01

    Southeast Asia is one of the world's most dynamic regions and experiences strong economic and energy demand growth rates. In this context, the Association of Southeast Asian Nations (ASEAN) is seeking to interconnect the electric grids and gas networks of the countries through two initiatives, the Asean Power Grid and the Trans-Asean Gas Pipeline, in order to pool resources and optimize energy markets integration in the region

  16. The Demand for Rental Homes in Denmark

    DEFF Research Database (Denmark)

    Skak, Morten

    2007-01-01

    development, and gives some indications of the future demand for rental housing in Denmark. The results indicate a future stagnant rental demand kept up by an increasing share of persons of old age and young persons undergoing education, and thus a rising homeownership rate. It is believed that the structural...... traits found on the Danish housing market and the technique employed for prediction are of interest to housing researchers in other countries....

  17. Strong economic growth driving increased electricity consumption

    International Nuclear Information System (INIS)

    Tiusanen, P.

    2000-01-01

    The Finnish economy is growing faster today than anyone dared hope only a few years ago. Growth estimates for 2000 have already had to be raised. This strong level of economic growth has been reflected in electricity consumption, which has continued to increase, despite the exceptionally warm winter. A major part of this increased electricity usage has so far been met through imports. The continued growth in electricity imports has largely been a result of the fact that the good water level situation in Sweden and Norway, together with the mild winter, has kept electricity prices exceptionally low on the Nordic electricity exchange. The short period of low temperatures seen at the end of January showed, however, that this type of temperature fluctuation, combined with the restrictions that exist in regard to transfer capacity, can serve to push Nordic exchange electricity prices to record levels. This increase in price also highlights the fact that we are approaching a situation in which capacity will be insufficient to meet demand. A truly tough winter has not been seen since the Nordic region's electricity markets were deregulated. The lesson that needs to be learnt is that Finland needs sufficient capacity of her own to meet demand even during particularly cold winters. Finland used 77.9 billion kWh of electricity last year, up 1.6% or 1.3 billion kWh on 1998. This growth was relatively evenly distributed among different user groups. This year, electricity consumption is forecast to grow by 2-3%

  18. Ethanol demand in Brazil: Regional approach

    International Nuclear Information System (INIS)

    Freitas, Luciano Charlita de; Kaneko, Shinji

    2011-01-01

    Successive studies attempting to clarify national aspects of ethanol demand have assisted policy makers and producers in defining strategies, but little information is available on the dynamic of regional ethanol markets. This study aims to analyze the characteristics of ethanol demand at the regional level taking into account the peculiarities of the developed center-south and the developing north-northeast regions. Regional ethanol demand is evaluated based on a set of market variables that include ethanol price, consumer's income, vehicle stock and prices of substitute fuels; i.e., gasoline and natural gas. A panel cointegration analysis with monthly observations from January 2003 to April 2010 is employed to estimate the long-run demand elasticity. The results reveal that the demand for ethanol in Brazil differs between regions. While in the center-south region the price elasticity for both ethanol and alternative fuels is high, consumption in the north-northeast is more sensitive to changes in the stock of the ethanol-powered fleet and income. These, among other evidences, suggest that the pattern of ethanol demand in the center-south region most closely resembles that in developed nations, while the pattern of demand in the north-northeast most closely resembles that in developing nations. - Research highlights: → Article consists of a first insight on regional demand for ethanol in Brazil. → It proposes a model with multiple fuels, i.e., hydrous ethanol, gasohol and natural gas. → Results evidence that figures for regional demand for ethanol differ amongst regions and with values reported for national demand. → Elasticities for the center-south keep similarities to patterns for fuel demand in developed nations while coefficients for the north-northeast are aligned to patterns on developing countries.

  19. MARKETING CHARACTERISTICS OF INSURANCE MARKET IN UKRAINE

    Directory of Open Access Journals (Sweden)

    А. Sabirova

    2014-03-01

    Full Text Available The current state of the insurance market of Ukraine in the post-crisis period, by comparison with the pre-crisis was investigated in the paper. The insurance market in the pre-crisis period grew rapidly, but was unable to withstand the economic crisis and suffered a crushing blow. The economic crisis of 2008-2009 led to a decrease of the demand for financial services in general and insurance services in particular. The lack of development of the insurance market created high barriers for responding and adapting to changes that occurred during the crisis.

  20. Credit, Money, and Aggregate Demand.

    OpenAIRE

    Bernanke, Ben S; Blinder, Alan S

    1988-01-01

    Standard models of aggregate demand treat money and credit asymmetrically; money is given a special status, while loans, bonds, and other debt instruments are lumped together in a "bond market" and suppressed by Walras' Law. This makes bank liabilities central to the monetary transmission mechanism, while giving no role to bank assets. We show how to modify a textbook IS-UI model so as to permit a more balanced treatment. As in Tobin (1969) and Brunner-Meltzer (1972), the key assumption is th...

  1. Taxing the difference: World oil market projections 1994-2009

    International Nuclear Information System (INIS)

    Reinsch, A.E.; Considine, J.I.; MacKay, E.J.

    1994-01-01

    The likely impacts of key uncertainties affecting the oil market were assessed, and reference price path to aid industry and governments in their investment and policy decisions, was provided. The reference market outlook corresponded to an annual growth of around 1.5% and a price of $ 18.00 per barrel. The greatest weakness of the market projections were found to be the expected performance of petroleum product demand growth. There was strong evidence that governments of major oil consuming countries had taken action to weaken the response of petroleum product demand to declines in the crude price, by driving an ever increasing fiscal wedge between the crude price and the corresponding product prices.The outcome is an asymmetry in demand response to crude price movements. Incorporation of this asymmetry into the world oil market model could have some disturbing results: under the reference case market assumptions, continuation of this tax and pricing policy would not only eliminate the price gains projected, but move the oil price below current levels on a sustained basis. The study concluded that OPEC members and the governments of the major industrialized oil consuming countries should strive to reach an agreement to avoid catastrophic price instability. refs., tabs., figs

  2. BRAND DEVELOPMENT IN CHINESE TEA MARKET : Case Company: Lipton

    OpenAIRE

    Han, Yuqi

    2014-01-01

    China once acted as the world’s largest consumer and exporter of tea, but at the same time, it has always been nagged by the lack of brands. Faced with the changing marketing environment and consumer demand, building a strong brand has become the paramount task for Chinese tea companies to stand out in the fierce competitions. Marketing communication is always a significant tool in terms of building the brand awareness and favorable brand image among consumers. Lipton, which is the world’s le...

  3. The Impact of Wind Power on European Natural Gas Markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-09-06

    Due to its clean burning properties, low investment costs and flexibility in production, natural gas is often put forward as the ideal partner fuel for wind power and other renewable sources of electricity generation with strongly variable output. This working paper examines three vital questions associated with this premise: 1) Is natural gas indeed the best partner fuel for wind power? 2) If so, to what extent will an increasing market share of wind power in European electricity generation affect demand for natural gas in the power sector? and 3) Considering the existing European natural gas markets, is natural gas capable of fulfilling this role of partner for renewable sources of electricity?.

  4. Marketing Strategy : Company X Entering the Australian Wine Market

    OpenAIRE

    Tsukrejev, Jaan

    2014-01-01

    The main objective of this thesis was to identify which marketing strategy is most effective for wine producing companies to enter and compete on the Australian wine market with excessive supply and diminishing demand. The purpose of the thesis was to create a marketing strategy for the commissioner, a case company, referred to as Company X for confidential reasons. Secondary research, predominantly based on marketing literature and governmental statistics, was conducted to create the th...

  5. On-Demand Telemetry

    Data.gov (United States)

    National Aeronautics and Space Administration — AFRC has previously investigated the use of Network Based Telemetry. We will be building on that research to enable On-Demand Telemetry. On-Demand Telemetry is a way...

  6. Monthly electric energy demand forecasting with neural networks and Fourier series

    International Nuclear Information System (INIS)

    Gonzalez-Romera, E.; Jaramillo-Moran, M.A.; Carmona-Fernandez, D.

    2008-01-01

    Medium-term electric energy demand forecasting is a useful tool for grid maintenance planning and market research of electric energy companies. Several methods, such as ARIMA, regression or artificial intelligence, have been usually used to carry out those predictions. Some approaches include weather or economic variables, which strongly influence electric energy demand. Economic variables usually influence the general series trend, while weather provides a periodic behavior because of its seasonal nature. This work investigates the periodic behavior of the Spanish monthly electric demand series, obtained by rejecting the trend from the consumption series. A novel hybrid approach is proposed: the periodic behavior is forecasted with a Fourier series while the trend is predicted with a neural network. Satisfactory results have been obtained, with a lower than 2% MAPE, which improve those reached when only neural networks or ARIMA were used for the same purpose. (author)

  7. Panorama 2007: Oil Supply and Demand

    International Nuclear Information System (INIS)

    Lescaroux, F.

    2007-01-01

    A new paradigm is gradually developing on the world oil market. Under extreme pressure from growing demand in emerging countries, the supply side is progressively adjusting. As the market stabilizes, prices are seeking their equilibrium. Although the WTI seems to be finding its level at about USD 60 per barrel, it is still too soon to take this price quotation as a reference. Due to the inertia in behaviours, the effects of recent trends are not all visible yet and adjustments are still underway. In this uncertain business environment, key market players have not yet finalized their strategies. (author)

  8. Pricing Natural Gas. The Outlook for the European Market (Summary)

    International Nuclear Information System (INIS)

    2008-01-01

    Long-term gas supply contracts contain price formulae, in which the gas price is usually linked to the price of another commodity, or to the spot price of gas in a particular market. In continental Europe the gas price in international long-term supply contracts is predominantly linked to oil products. At the same time, spot markets for gas in which gas prices are determined by supply and demand are developing in various EU markets. This paper addresses the question of to what extent the traditional form of oil-based price indexation is sustainable and/or will be sustained by the market players. It discusses the considerations the market players may have in favour of one or the other form of indexation, the external forces that may influence the choice of indexation in the short and longer terms and the consequences of change. It argues that pricing systems are a fundamental part of a market organisation, and that a shift to different pricing structures only happens if and when the main actors are convinced that they understand and accept the consequences of such change. It concludes that there is no strong evidence that the current hybrid situation, in which both forms of gas pricing co-exist, cannot continue. There are also no overriding reasons to intervene in the market practices of price formation. Both systems have their advantages and disadvantages under different market conditions, and to some extent complement each other in the current markets. Different types of risk and the appreciation thereof by the trading parties will determine particular choices of pricing rules and contracting conditions. More importantly, in today's market, in which new supplies are slow to come forward, the choice should be left to the market parties, particularly as sellers and buyers do not seem to be in strong disagreement

  9. Modelling curves of manufacturing feasibilities and demand

    Directory of Open Access Journals (Sweden)

    Soloninko K.S.

    2017-03-01

    Full Text Available The authors research the issue of functional properties of curves of manufacturing feasibilities and demand. Settlement of the problem, and its connection with important scientific and practical tasks. According to its nature, the market economy is unstable and is in constant movement. Economy has an effective instrument for explanation of changes in economic environment; this tool is called the modelling of economic processes. The modelling of economic processes depends first and foremost on the building of economic model which is the base for the formalization of economic process, that is, the building of mathematical model. The effective means for formalization of economic process is the creation of the model of hypothetic or imaginary economy. The building of demand model is significant for the market of goods and services. The problem includes the receiving (as the result of modelling definite functional properties of curves of manufacturing feasibilities and demand according to which one can determine their mathematical model. Another problem lies in obtaining majorant properties of curves of joint demand on the market of goods and services. Analysis of the latest researches and publications. Many domestic and foreign scientists dedicated their studies to the researches and building of the models of curves of manufacturing feasibilities and demand. In spite of considerable work of the scientists, such problems as functional properties of the curves and their practical use in modelling. The purpose of the article is to describe functional properties of curves of manufacturing feasibilities and demand on the market of goods and services on the base of modelling of their building. Scientific novelty and practical value. The theoretical regulations (for functional properties of curves of manufacturing feasibilities and demand received as a result of the present research, that is convexity, give extra practical possibilities in a microeconomic

  10. The market for natural uranium

    International Nuclear Information System (INIS)

    Bauder, P.

    1981-01-01

    The natural uranium market is characterized at present by its surplus. This is essentially due to a surplus on the production line. The uranium produced is no longer taken up by the market as it was up to the middle of 1979. The object of this contribution is therefore a survey on the present availability and demand situation, as well as to discuss market mechanisms and forecast the future market trend. (orig./IHO) [de

  11. 'Me-Too' Innovation in Pharmaceutical Markets.

    Science.gov (United States)

    Jena, Anupam B; Calfee, John E; Mansley, Edward C; Philipson, Tomas J

    2009-01-01

    Critics of me-too innovation often argue that follow-on drugs offer little incremental clinical value over existing pioneer products, while at the same time increasing health care costs. We examine whether consumers view follow-on and pioneer drugs as close substitutes or distinct clinical therapies. For five major classes of drugs, we find that large reductions in the price of pioneer molecules after patent expiration-which would typically lead to decreased consumption of strong substitutes-have no effect on the trend in demand for follow-on drugs. Our findings are likely unaffected by health insurance, competitive pricing of me-toos, marketing, and switching costs.

  12. Marketing experiencial: una aplicación a la experiencia de compra online en el sector moda

    OpenAIRE

    López Moreno, Elisa

    2015-01-01

    Nowadays, we live in a "commoditized" world where consumers have also become more demanding, making the achievement of effective differentiation an increasingly tough task. This current market situation is forcing businesses to reinvent themselves and come up with new innovative strategies in the pursuit for success. In this context, a new paradigm called "Experiential Marketing" is strongly arousing, which aims to seduce these new customers engaging them emotionally, by optimizing the "own e...

  13. THE IDENTIFICATION OF THE MARKETING NEEDS AND MEANS OF COMMUNICATION OF THE ROMANIAN MARKETING COMPANIES - A MARKETING RESEARCH -

    OpenAIRE

    Tudor Edu; Costel Iliuţă Negricea

    2011-01-01

    The marketing needs of the Romanian marketing companies are very diversified, commencing with the research of the needs and demand on the target market, going down to the 4Ps (Product, Price, Promotion and Placement) and their components.The present marketing research was performed using 7 categories of information sources: specialised publications in marketing; specialised publications in economics; information provided by specialised institutions in consultancy and marketing research; infor...

  14. Le rôle du marketing dans la motivation de la demande des engrais chimiques cas de la région de Sidi-bel-abbès

    OpenAIRE

    Benali, Amina

    2014-01-01

    Dans le premier chapitre de la thése nous avons décrire les principes du marketing appliqués poue les engrais chimiques.le second chapitre traitera les différents facteurs marketing qui influencent l'achat des engrais cchez l'agriculteur.le troisiéme chapitre sera consacré à la présentation du secteur des Engrais et Agricole en Algérie.Le quatriéme chapitre abordera la situation agricole dans la wilaya de Sidi bel-abbés, en mettant l'accent sur l'utilisation des engrais chimiques dans cette z...

  15. China vs. USA: energy consumption of the two giants markets in 2010. Very strong growth in energy consumption in China and USA in 2010 which is well beyond the pre-crisis trend; this allows anticipation of a very strong global growth in 2010; China surpasses 10% of U.S.A's Energy consumption in 2010 - March 2011

    International Nuclear Information System (INIS)

    Lapillonne, Bruno

    2011-01-01

    Enerdata compares 2010 energy consumption between China and USA: China surpasses 10% of U.S.A's Energy consumption in 2010; Very strong growth in energy consumption in China and USA in 2010 which is well beyond the pre-crisis trend; this allows anticipation of a very strong global growth in 2010. (authors)

  16. Electricity demand forecasting techniques

    International Nuclear Information System (INIS)

    Gnanalingam, K.

    1994-01-01

    Electricity demand forecasting plays an important role in power generation. The two areas of data that have to be forecasted in a power system are peak demand which determines the capacity (MW) of the plant required and annual energy demand (GWH). Methods used in electricity demand forecasting include time trend analysis and econometric methods. In forecasting, identification of manpower demand, identification of key planning factors, decision on planning horizon, differentiation between prediction and projection (i.e. development of different scenarios) and choosing from different forecasting techniques are important

  17. Modeling storage and demand management in power distribution grids

    International Nuclear Information System (INIS)

    Schroeder, Andreas

    2011-01-01

    Grahical abstract: The model informs an optimal investment sizing decision as regards specific 'smart grid' applications such as storage facilities and meters enabling load control. Results indicate that central storage facilities are a more promising option for generation cost reductions as compared to demand management. Highlights: → Stochastic versus deterministic model increases investment efficiency up to 5%. → Deterministic model under-estimates value of load control and storage. → Battery storage is beneficial at investment cost below 850 EUR/MW h. → Demand management equipment is not beneficial at cost beyond 200 EUR. → The stylized 10 kV grid constitutes no shortage factor. -- Abstract: Storage devices and demand control may constitute beneficial tools to optimize electricity generation with a large share of intermittent resources through inter-temporal substitution of load. This paper quantifies the related cost reductions in a simulation model of a simplified stylized medium-voltage grid (10 kV) under uncertain demand and wind output. Benders Decomposition Method is applied to create a two-stage stochastic optimization program. The model informs an optimal investment sizing decision as regards specific 'smart' applications such as storage facilities and meters enabling load control. Model results indicate that central storage facilities are a more promising option for generation cost reductions as compared to demand management. Grid extensions are not appropriate in any of the scenarios. A sensitivity analysis is applied with respect to the market penetration of uncoordinated Plug-In Electric Vehicles which are found to strongly encourage investment into load control equipment for 'smart' charging and slightly improve the case for central storage devices.

  18. Sustainability Marketing Commitment

    DEFF Research Database (Denmark)

    Tollin, Karin; Bech Christensen, Lars

    2017-01-01

    took a structural modelling approach to examine construct relationships, mediation, and moderation effects. Overall, the findings show that marketing capabilities associated with the innovation of new products, services, and business models constitute a strong driver to leverage sustainability......Corporate sustainability is an important strategy and value orientation for marketing, but scarce research addresses the organizational drivers and barriers to including it in companies’ marketing strategies and processes. The purpose of this study is to determine levels of commitment to corporate...... sustainability in marketing, processes associated with sustainability marketing commitment, drivers of sustainability marketing at the functional level of marketing, and its organizational context. Using survey data from 269 managers in marketing, covering a broad range of industries in Sweden and Denmark, we...

  19. DEMAND FOR ORGANIC AND CONVENTIONAL FROZEN VEGETABLES

    OpenAIRE

    Glaser, Lewrene K.; Thompson, Gary D.

    1999-01-01

    In this paper, we examine retail sales of organic and conventional frozen vegetables (broccoli, green beans, green peas, and sweet corn) using supermarket scanner data. Descriptive analysis includes comparisons of sales volume, prices, and market shares. Price and expenditure elasticities are estimated using the almost ideal demands system (AIDS).

  20. Addressing Energy Demand through Demand Response. International Experiences and Practices

    Energy Technology Data Exchange (ETDEWEB)

    Shen, Bo [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Ghatikar, Girish [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Ni, Chun Chun [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Dudley, Junqiao [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Martin, Phil [Enernoc, Inc., Boston, MA (United States); Wikler, Greg

    2012-06-01

    Demand response (DR) is a load management tool which provides a cost-effective alternative to traditional supply-side solutions to address the growing demand during times of peak electrical load. According to the US Department of Energy (DOE), demand response reflects “changes in electric usage by end-use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized.” 1 The California Energy Commission (CEC) defines DR as “a reduction in customers’ electricity consumption over a given time interval relative to what would otherwise occur in response to a price signal, other financial incentives, or a reliability signal.” 2 This latter definition is perhaps most reflective of how DR is understood and implemented today in countries such as the US, Canada, and Australia where DR is primarily a dispatchable resource responding to signals from utilities, grid operators, and/or load aggregators (or DR providers).

  1. Duopoly price competition on markets with agricultural products

    Directory of Open Access Journals (Sweden)

    Marie Prášilová

    2011-01-01

    Full Text Available A situation, in which two firms compete, is in the economic theory described by duopoly models. Market equilibrium on the duopoly market is formed in a reciprocal adjustment process of market prices and materialized market opportunities. The goal of the analysis is to find out whether the agricultural products market is significantly influenced by appearance of duopolies, what form they have and if they can fundamentally influence the price level of food. That food chain stores endeavour to mutually adapt food product prices is generally known; it is set especially by the inelastic demand for the mentioned goods on the side of consumers, i.e., by the need to demand basic food. Duopoly reactions to price competition in food chain stores are particularly strong in the case of commodities of milk and tomatoes, where the reactions and approximation of prices can be clearly seen. Based on statistical research it is obvious that the reactions are most reflected on sales of the food chain stores Billa and Albert. To identify specific reactions of price duopoly at retail chains the ANOVA statistical method was used. The firm’s duopoly behaviour as such on the food market need not be a subject for applying punishment from the antimonopoly bureau, if it does not have the cartel agreement character. An example can be the identical potato prices inquiry in the supermarkets of food chain stores.

  2. The uranium market 1980 - 1990

    International Nuclear Information System (INIS)

    Darmayan, Philippe

    1980-01-01

    The Supply and Demand Committee of the Uranium Institute was established to monitor continuously information and developments bearing on the uranium market and to publish from time to time reports giving its views on the supply and demand outlook. The last Uranium institute supply and demand report was published in July 1979 and a summary was given by Mr. Erkes at the last Uranium Institute symposium. Its main conclusions were that from 1979 to 1990 the flexibilities of the market were such as to offer adequate scope to producers and consumers of uranium to ensure a balance between supply and demand. Is that conclusion still valid one and a half years later [fr

  3. Empowering Customer Choice in Electricity Markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    Timely and effective deployment of demand response could greatly increase power system flexibility, electricity security and market efficiency. Considerable progress has been made in recent years to harness demand response. However, most of this potential remains to be developed. The paper draws from IEA experience to identify barriers to demand response, and possible enablers that can encourage more timely and effective demand response including cost reflective pricing, retail market reform, and improved load control and metering equipment. Governments have a key role to play in developing and implementing the policy, legal, regulatory and market frameworks needed to empower customer choice and accelerate the development and deployment of cost-effective demand response.

  4. Modeling the effects of pharmaceutical marketing

    NARCIS (Netherlands)

    Leeflang, P.S.H.; Wieringa, J.E.

    Successful innovation of prescription drugs requires a substantial amount of marketing support. There is, however, much concern about the effects of marketing expenditures on the demand of pharmaceutical products (Manchanda et al., Market Lett 16(3/4):293-308, 2005). For example, excessive marketing

  5. Spot market for uranium

    International Nuclear Information System (INIS)

    Colhoun, C.

    1982-01-01

    The spot market is always quoted for the price of uranium because little information is available about long-term contracts. A review of the development of spot market prices shows the same price curve swings that occur with all raw materials. Future long-term contracts will probably be lower to reflect spot market prices, which are currently in the real-value range of $30-$35. An upswing in the price of uranium could come in the next few months as utilities begin making purchases and trading from stockpiles. The US, unlike Europe and Japan, has already reached a supply and demand point where the spot market share is increasing. Forecasters cannot project the market price, they can only predict the presence of an oscillating spot or a secondary market. 5 figures

  6. Coping with unexpected oil demand movements

    International Nuclear Information System (INIS)

    Anon.

    2004-01-01

    Continuous upward revisions to world oil demand projections for 2003 and 2004 are compared with the downward revisions that took place in 1998 and 1999, following the 1997 Asian economic crisis. Demand leads supply, in the current case, resulting in a time-lag in the whole supply chain, while supply led demand half a decade ago, with the OECD's commercial stocks reaching record highs. Recent months have seen a reversal of the longstanding inverse relationship between the United States of America's commercial crude oil stock levels and crude prices, and they are now moving in parallel. The fact that the US market is now adequately or even well supplied means that factors other than inventory levels are causing the present high prices. These factors are briefly outlined. OPEC is doing everything it can to maintain market stability, with prices at levels acceptable to producers and consumers. The agreement reached in Beirut on 3 June is the latest example of this. (Author)

  7. Pharmaceutical market in Serbia

    Directory of Open Access Journals (Sweden)

    Veselin Tima Dickov

    2012-02-01

    Full Text Available Marketing concept formed around the focus on the consumers, their needs, wants and demands, evolves in the case of pharmaceutical into a care of the complex interest of constituents generating demand on this market and #8211; pres scribers whose role is to select therapies, pharmacists who dispense drugs within a specialized distribution channel to the final consumer -patient, alongside the payers and #8211; the state and or insurance companies refund a part of or total costs of the pharmaceutical product. A special challenge that the subject raises is the existence of controversy generated from two sources. Marketing controversy stems from criticism leveled at the effectiveness and efficiency of marketing activities and the debatable ethical code of conduct. [J Intercult Ethnopharmacol 2012; 1(1.000: 44-51

  8. Electricity demand in Kazakhstan

    International Nuclear Information System (INIS)

    Atakhanova, Zauresh; Howie, Peter

    2007-01-01

    Properties of electricity demand in transition economies have not been sufficiently well researched mostly due to data limitations. However, information on the properties of electricity demand is necessary for policy makers to evaluate effects of price changes on different consumers and obtain demand forecasts for capacity planning. This study estimates Kazakhstan's aggregate demand for electricity as well as electricity demand in the industrial, service, and residential sectors using regional data. Firstly, our results show that price elasticity of demand in all sectors is low. This fact suggests that there is considerable room for price increases necessary to finance generation and distribution system upgrading. Secondly, we find that income elasticity of demand in the aggregate and all sectoral models is less than unity. Of the three sectors, electricity demand in the residential sector has the lowest income elasticity. This result indicates that policy initiatives to secure affordability of electricity consumption to lower income residential consumers may be required. Finally, our forecast shows that electricity demand may grow at either 3% or 5% per year depending on rates of economic growth and government policy regarding price increases and promotion of efficiency. We find that planned supply increases would be sufficient to cover growing demand only if real electricity prices start to increase toward long-run cost-recovery levels and policy measures are implemented to maintain the current high growth of electricity efficiency

  9. Market values summary/April market review/current market data

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    This article is the April 1995 uranium market summary. Overall market activity during this period was low, with five deals in the concentrates market, two deals in the long-term natural uranium market, and three deals in the spot enrichment market. There were no spot trades in the UF6 or conversion market. The restricted and unrestricted exchange values were $11.60 and $7.35 respectively. The restricted and unrestricted UF6 values were $36.00 and $25.50, and the restricted and unrestricted transaction values were $10.30 and $7.25. Active uranium supply rose, and active demand fell

  10. Interdependencies between fossil fuel and renewable energy markets. The German biodiesel market

    Energy Technology Data Exchange (ETDEWEB)

    Busse, Stefan; Bruemmer, Bernard; Ihle, Rico

    2010-12-15

    With this paper, we provide the first quantitative investigation of vertical price transmission in the biodiesel supply chain in Germany with the focus on the developments during the food crisis and the impact of subsidized US biodiesel exports. With the strong promotion of the production and use of biodiesel during the first half of the past decade, the German biodiesel market became the largest national biodiesel market worldwide. This analysis utilizes prices of rapeseed oil, soya oil, biodiesel and crude oil over a sample period covering the rapid growth of the German demand in 2002 until its decline in 2009. The effects of both the market development and different policies on price transmission are analyzed in detail. Due to the numerous changes in the market, a regime-dependent Markov-switching vector error correction model is applied. The results indicate that regimes with differing error-correction behavior govern the transmission process among the various prices. Evidence was found for a strong impact of crude oil price on biodiesel prices, and of biodiesel prices on rapeseed oil prices. However, in both cases, the price adjustment behavior is found to be regime dependent, and the regime occurrence in both market segments shows similar patterns. In relation to crude oil a weak adjustment of biodiesel prices is found to be dominating in the phase of market expansion. This changed from 2007 on when stronger error-correction is found, reflected by a stronger role of the crude oil price developments. In the relationship of biodiesel to the vegetable oils, most of the growth period was dominated by a regime characterized by weak price adjustments. From 2007 on, past own price changes and past changes in soya oil prices had a strong impact particularly on rapeseed oil prices. The biodiesel price development was less important. Reasons for this are substantial changes in the market structure. The biodiesel market developed as an insulated market; biodiesel was

  11. View on world market

    Energy Technology Data Exchange (ETDEWEB)

    Poulsen, J. [Vestas Wind Systems A/S, Lem (Denmark)

    1996-12-31

    Opinions on the world market for wind power are presented in this paper. Reasons contributing to a potential growth in wind power are cited. Increased demand is expected to arise due to increased energy needs and environmental concerns. Barriers, primarily political, to the development of wind energy are assessed. Development is predicted to occur first in countries with a demand for new capacity and political decisions to protect the environment.

  12. New competition in the world market of nuclear reactors

    International Nuclear Information System (INIS)

    Finon, D.

    2005-01-01

    As nuclear orders are picking up a little, there are strengths competing against one another in the world industry of reactors, an industry that has been deeply affected for twenty years, by the smallness of the market and the reorganization of the electromechanical industry. Competition remains particularly difficult, even though, in terms of exports, national markets in industrialized countries such as the American market and European market are now open to foreign newcomers. One of the reasons of the difficulty is the increased commercial competition based on advanced reactor techniques untested due to strong faith in technology leading to forget the learning difficulties of older reactor types. On a narrow market, demanding and with very specific political interference, the reasoning is not like on an ordinary capital equipment market. Each builder tries to sell by relying on the assets it has in addition to the offered price and related services: industrial reputation and experience that play confusedly when untested advanced reactors are competing with one another, credit terms offered by the State and the government's influence on the market of emerging economies, the backing o the State's financial insurance in the event of risks taken in the sale of turnkey untested reactors. In the competition of the five manufacturers in the export market, American builders do not seem to have the best place, though even the leading position of Framatome ANP shows some limits. (author)

  13. Long term outlook for gas supply and demand 2007-2030

    International Nuclear Information System (INIS)

    2010-05-01

    Given the economic crisis and the even greater focus of energy policy in recent years on energy efficiency and renewables, earlier expectations in respect of gas demand have to be lowered. Nonetheless, there are still good prospects for gas expanding its position in the EU energy market in the medium to long term. Environmental friendliness and highly efficient technologies in all areas of energy supply give gas a key role in a realistic EU climate policy, the goals of which cannot be achieved solely through increased use of renewables. Its green qualities make gas attractive in direct utilisation in homes and businesses, in centralised power generation, in local CHP plant (including micro-CHP), and - in some member states - in the transport sector too. The current slump in demand is accompanied by strong supply pressure on European procurement markets. Experts do not predict that the present excess supply situation will continue in the long term. It is expected that imports to Europe will rise in order to compensate for the impending fall in domestic European production and to supply additional gas. The procurement challenge cannot be considered in isolation from global developments. The increasing demand for gas worldwide will intensify the competition for global gas reserves on international markets. The European gas industry emphasises the importance of fostering long-term relationships with major suppliers, transit countries and key partners in the EU as well as with multilateral organisations and structures.

  14. <strong>Neuroeconomics and behavioral health economicsstrong>/>

    DEFF Research Database (Denmark)

    Larsen, Torben

    2009-01-01

    dissemination of relaxation procedures is evident in industrialized countries since about 1970 both inside the medical healthcare system and as NGO-settings in a market-alike competition. However, a serious barrier to the dissemination of meditative de-stressing is the lack of general knowledge of the action...... for explanation of the neural dynamics of normal decision making. Secondly, the literature is reviewed for evidence on hypothesized applications of NeM in behavioral health. Results I. The present bias as documented by neuroeconomic game-trials is explained by NeM as rooted in the basal activation of Amygdala...... - a key center in our emotional arousal (limbic system) - as shaped in the elder stone-age with many acute threats. II. In general, the Hawthorne-effect of human-relations management is explained as the result of supportive job-relations relaxing Amygdala for better emotional integration...

  15. Risk handling in the power market

    International Nuclear Information System (INIS)

    Lindbaek-Nilsen, Brian; Strand, Krister

    2004-01-01

    In 1991 a new energy law was implemented in Norway. The Norwegian power market became deregulated and the law created a basis for a market based trade of electrical energy in Norway. In 1998 Nord Pool was founded and this has gradually become a common Nordic power exchange. The power market is characterized by large price fluctuations periodically. The reason is a variable resource supply and demand. In important factor in this context is that electricity cannot be stored after production. The large variations in supply and demand lead to large market risks for the involved parties. The derivate markets make hedging possible and thereby make it possible for the parties to guard against risks connected to future prices. This study presents risk elements in the power market, supplier and consumer sectors in view of the deregulation. In addition the present and future risk management is studied in with focus upon power suppliers that offer one-year fixed price contracts to the consumers. A study focuses on how a supplier may secure a certain volume of power in a year against price fluctuations in the market. As a basis the term market at Nord Pool is used and based on historical facts an estimated price for a supplier to eliminate the price risk for the volume is stipulated. This price is called the hedging cost and is compared with the offer a selection of power suppliers have for their one-year fixed price contracts. The possible difference between the two prices may be regarded as the power supplier risk price (premium) by offering these one-year fixed price contracts to the end consumers. The most surprising in the results in this study is how close the hedging costs are to the prices on the fixed price contracts. This means that compared to the hedging costs in the study the power suppliers operated with a small margin. Another tendency is that the fixed price contracts do not seem to have a high correlation to the hedging costs even if some companies follow the

  16. COMPANIES WITH MARKET POSITIONING BRANDS

    OpenAIRE

    Ruxandra Radoviciu; Filimon Stremtan

    2009-01-01

    Positioning a company on the market by the usage of brands is defined as the act ofdesigning the supply and its image on the market, so as to occupy a distinct place in the minds of theirtarget audience. The role of positioning in developing marketing strategy to differentiate products andservices involves the selection of attributes that are considered important for consumers. In order togain a strong position on the market the companies must perform a market analysis, an internalanalysis an...

  17. Effects of marketing in different stages of development

    Directory of Open Access Journals (Sweden)

    Demir Lima

    2016-07-01

    Full Text Available In everyday life, by reason of ignorance of the essence of marketing, we come across numerous cases of misuse and improper understanding of word marketing. Nowadays people have more the attitude in the consciousness of the need for understanding and recognition of the right meaning of the word marketing. There are many definitions about Marketing in literature and contemporary practice, each attempt to define the term marketing can only partly be understood as successful and complete. Indeed, it is impossible to define and summarize in only a few sentences everything that has to do with marketing as a process and its roles. Marketing specialists need to identify the concerns and desires of consumers to be able to target their minds, hearts and souls. In the paradox of globalization, concern and common consumer’s desire is to make the society and the world a better place and even an ideal place to live. Some companies are doing a kind of differentiation through corporate philanthropy for social or environmental causes. Now we are witnessing the birth of Marketing 3.0. In a world full of confusion, they are looking for those companies that can complement them deeper for social justice, economic and environmental mission, vision and company values that they represent. In selecting products and services, people not only demand the fulfillment of their functional and emotional, but also the human spiritual fulfillment. The third force that gives impetus to the creation of marketing 3.0 is the emergence of creative society. People in creative society are people who have developed the activity of the right brain hemisphere and working in creative sectors such as science, arts and professional services. Based on these facts the era of marketing 3.0 is the era where marketing practices are strongly affected by changes in consumer behaviors and attitudes. It is the most sophisticated customercentric era where the customer requires more cooperative

  18. MARKET ECONOMICS PRICING PARTICULARS

    Directory of Open Access Journals (Sweden)

    V. I. Parshin

    2011-01-01

    Full Text Available The price performs several economic functions: accounting, stimulation, distribution, demand and offer balancing, serving as production site rational choice criterion, information. Most important pricing principles are: price scientific and purpose-aimed substantiation, single pricing and price control process. Pricing process factors are external, internal, basic (independent on money-market, market-determined and controlling. Different pricing methods and models are to be examined, recommendations on practical application of those chosen are to be written.

  19. Factors of Airline Marketing

    Directory of Open Access Journals (Sweden)

    Ivan Mišetić

    2007-01-01

    Full Text Available The paper addresses several marketing related notions associatedwith airline strategic planning and positioning. Besideexamining the distinctions between network operator and nicheplayer, this paper treats the state of Croatia Airlines within thereported AEA benchmarking of the specific elements of airlinebusiness. It also studies certain aspects of the air market that influencepricing and demand elasticity, such as the impact oflow cost carriers and the practice of network hubbing.

  20. Health market failures: Colombian case

    Directory of Open Access Journals (Sweden)

    Javier Eduardo Bejarano-Daza

    2017-01-01

    Conclusion: There are significant failures in the Colombian health market which make the system inefficient and inequitable; this situation demands for reconsideration of an economic model for financing and operation under a new paradigm.

  1. PERFECT DEMAND ILLUSION

    Directory of Open Access Journals (Sweden)

    Alexander Yu. Sulimov

    2015-01-01

    Full Text Available The article is devoted to technique «Perfect demand illusion», which allows to strengthen the competitive advantageof retailers. Also in the paper spells out the golden rules of visual merchandising.The definition of the method «Demand illusion», formulated the conditions of its functioning, and is determined by the mainhypothesis of the existence of this method.Furthermore, given the definition of the «Perfect demand illusion», and describes its additional conditions. Also spells out the advantages of the «Perfect demandillusion», before the «Demand illusion».

  2. Divers of Passenger Demand

    OpenAIRE

    Wittmer, Andreas

    2011-01-01

    -Overview drivers of passenger demand -Driver 1: Economic growth in developing countries -Driver 2: International business travel in developed countries -Driver 3: International leisure travel in developed countries

  3. Expanding Demand for Online Higher Education: Surveying Prospective Students

    Science.gov (United States)

    Garrett, Richard

    2007-01-01

    The Eduventures survey examined next-generation demand for online postsecondary education, assessing online experience, delivery mode and marketing channels preferences, and perceptions of price, quality and location, identifying key takeaways in each area.

  4. Marketing; Il marketing

    Energy Technology Data Exchange (ETDEWEB)

    Muscigna, M. [ENEA, Centro Ricerche Casaccia, S. Maria di Galeria, RM (Italy). Dipt. Innovazione

    1999-07-01

    The report discusses marketing strategies oriented to the organizations and analyzes its critical factors, which determine the success of the organization activity. [Italian] Il rapporto analizza i caratteri delle strategie del marketing orientato all'impresa. Vengono infine analizzati i fattori critici che determinano il successo o l'insuccesso delle scelte aziendali.

  5. Drivers of U.S. mineral demand

    Science.gov (United States)

    Sznopek, John L.

    2006-01-01

    Introduction: The word 'demand' has different meanings for different people. To some, it means their 'wants and needs,' to others it is what they consume. Yet, when considering economics, demand refers to the specific amounts of goods or services that individuals will purchase at various prices. Demand is measured over a given time period. It is determined by a number of factors including income, tastes, and the price of complementary and substitute goods. In this paper, the term consumption is used fairly synonymously with the term demand. Most mineral commodities, like iron ore, copper, zinc, and gravel, are intermediate goods, which means that they are used in the production of other goods, called final goods. Demand for intermediate goods is called derived demand because such demand is derived from the demand for final goods. When demand increases for a commodity, generally the price rises. With everything else held constant, this increases the profits for those who provide this commodity. Normally, this would increase profits of existing producers and attract new producers to the market. When demand for a commodity decreases, generally the price falls. Normally, this would cause profits to fall and, as a consequence, the least efficient firms may be forced from the industry. Demand changes for specific materials as final goods or production techniques are reengineered while maintaining or improving product performance, for example, the use of aluminum in the place of copper in long distance electrical transmission lines or plastic replacing steel in automobile bumpers. Substitution contributes to efficient material usage by utilizing cheaper or technically superior materials. In this way, it may also alleviate materials scarcity. If a material becomes relatively scarce (and thus more expensive), a more abundant (and less expensive) material generally replaces it (Wagner and others, 2003, p. 91).

  6. Legal and regulation stability of the pipeline gas distribution market as strong tools for the sustainable development; A estabilidade juridica e regulatoria no mercado de distribuicao de gas canalizado como poderosas ferramentas de alcance de desenvolvimento sustentavel

    Energy Technology Data Exchange (ETDEWEB)

    Junqueira, Katia Valverde [Companhia Distribuidora de Gas (CEG), Rio de Janeiro, RJ (Brazil)

    2004-07-01

    This study examines, in general, the transformation of the role of the Brazilian state to intervener in supervisory of the services, through the delegation of responsibility for the exploitation of public services to private enterprise, and the creation of regulatory agencies. The study pointing to the necessity of a legal and regulatory stable scenario in the regulation of these services, as enables of private investment mechanisms and, as a consequence of sustainable economic development. The success of the neo liberal state model is examined, specifically in relation to the market of pipeline gas distribution, showing the environmental, economic and social benefits that brought in this sector, the private investment and stability so far reasonably observed in this segment. The work also indicating, in general, the risks and issues most relevant, from the investor and markets point of view, to attract and maintain investment and to reduce the cost of private capital, concluding, in an objective, that to respect investors rights is in fact, to preserve the public interest, which means that the success of the investor does not mean the failure of regulator/judge.

  7. Geography of Existing and Potential Alternative Fuel Markets in the United States

    Energy Technology Data Exchange (ETDEWEB)

    Johnson, C.; Hettinger, D.

    2014-11-01

    When deploying alternative fuels, it is paramount to match the right fuel with the right location, in accordance with local market conditions. We used six market indicators to evaluate the existing and potential regional market health for each of the five most commonly deployed alternative fuels: electricity (used by plug-in electric vehicles), biodiesel (blends of B20 and higher), E85 ethanol, compressed natural gas (CNG), and propane. Each market indicator was mapped, combined, and evaluated by industry experts. This process revealed the weight the market indicators should be given, with the proximity of fueling stations being the most important indicator, followed by alternative fuel vehicle density, gasoline prices, state incentives, nearby resources, and finally, environmental benefit. Though markets vary among states, no state received 'weak' potential for all five fuels, indicating that all states have an opportunity to use at least one alternative fuel. California, Illinois, Indiana, Pennsylvania, and Washington appear to have the best potential markets for alternative fuels in general, with each sporting strong markets for four of the fuels. Wyoming showed the least potential, with weak markets for all alternative fuels except for CNG, for which it has a patchy market. Of all the fuels, CNG is promising in the greatest number of states--largely because freight traffic provides potential demand for many far-reaching corridor markets and because the sources of CNG are so widespread geographically.

  8. The Role of Demand Response in Default Service Pricing

    International Nuclear Information System (INIS)

    Barbose, Galen; Goldman, Charles; Neenan, Bernie

    2006-01-01

    In designing default service for competitive retail markets, demand response has been an afterthought at best. But that may be changing, as states that initiated customer choice in the past five to seven years reach an important juncture in retail market design and consider an RTP-type default service for large commercial and industrial customers. The authors describe the experience to date with RTP as a default service, focusing on its role as an instrument for cultivating price-responsive demand. (author)

  9. Methanol, MTBE suppliers will likely keep up with rising demand

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    A primary and basic question prevails in the methanol industry - What will be the global demand for methanol, for the expanded production of methyl tertiary butyl ether (MTBE), during the next few years? This article attempts to answer the question by discussing the global market; supply and demand factors; the market in North America, Western Europe, Far East and Asia, South America, and other regions; and the uncertainties that remain

  10. Demand Response and Energy Storage Integration Study

    Energy Technology Data Exchange (ETDEWEB)

    Ookie Ma, Kerry Cheung

    2016-03-01

    Demand response and energy storage resources present potentially important sources of bulk power system services that can aid in integrating variable renewable generation. While renewable integration studies have evaluated many of the challenges associated with deploying large amounts of variable wind and solar generation technologies, integration analyses have not yet fully incorporated demand response and energy storage resources. This report represents an initial effort in analyzing the potential integration value of demand response and energy storage, focusing on the western United States. It evaluates two major aspects of increased deployment of demand response and energy storage: (1) Their operational value in providing bulk power system services and (2) Market and regulatory issues, including potential barriers to deployment.

  11. Emissions markets, power markets and market power: A study of the interactions between contemporary emissions markets and deregulated electricity markets

    Science.gov (United States)

    Dormady, Noah Christopher

    Chapter 1: A Monte Carlo Approach. The use of auctions to distribute tradeable property rights to firms in already heavily concentrated markets may further exacerbate the problems of market power that exist within those markets. This chapter provides a model of a two-stage emissions market modeled after a contemporary regional permit trading market in the United States, the Regional Greenhouse Gas Initiative, Inc. (RGGI). It then introduces Oligopsony 1.0, a C# software package constructed in the .NET environment that simulates uniform-price auctions using stochastic Monte Carlo simulation for modeling market power in tradeable property rights auctions. Monte Carlo methods add a probabilistic element to standard auction theoretic equilibria. The results of these simulations indicate that there can be significant non-linearities between profit and market power as exercised through strategic demand reduction. This analysis finds the optimum point of strategic demand reduction that enables the firm to exploit these non-linearities, and it determines the probability distributions of these optima using kernel density analysis. Chapter 2: An Experimental Approach. How will emerging auction-based emissions markets function within the context of today's deregulated auction-based electricity markets? This chapter provides an experimental analysis of a joint energy-emissions market. The impact of market power and collusion among dominant firms is evaluated to determine the extent to which an auction-based tradeable permit market influences performance in an adjacent electricity market. The experimental treatment design controls for a variety of real-world institutional features, including variable demand, permit banking, inter-temporal (multi-round) dynamics, a tightening cap, and resale. Results suggest that the exercise of market power significantly increases electricity auction clearing prices, without significantly increasing emissions auction clearing prices, and in

  12. Competition and trade in Australian gas markets

    International Nuclear Information System (INIS)

    Holmes, Leanne; Mander, Sally

    1993-01-01

    Although Australia has large gas reserves, the bulk of reserves (about 80 per cent) are located on the North West Shelf, off Western Australia. On the other had, the major demand centres are located in the south east of the country. The relative scarcity of proven gas reserves close to major markets has meant that governments in the state and territories with reserves have a strong vested interest in the future use of the gas. Equally, governments in states and territories that do not have gas reserves are interested in securing future supplies. The scope for increasing competition and trade in Australian gas markets depends on a number of features of the industry. These include: the characteristics of the resource, the structure of supply including the presence of natural monopolies, the nature and extent of upstream or downstream integration of firms and the presence of long term contracts - the characteristics of gas demand, and the regulatory and policy framework. The main purpose in this article is to review the economic factors driving natural gas markets in Australia, highlighting the factors influencing competition and trade. Against this background, some options for reform are also examined. 30 refs., 6 figs

  13. Analyses of demand response in Denmark

    International Nuclear Information System (INIS)

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

    2006-10-01

    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)

  14. Testing strong interaction theories

    International Nuclear Information System (INIS)

    Ellis, J.

    1979-01-01

    The author discusses possible tests of the current theories of the strong interaction, in particular, quantum chromodynamics. High energy e + e - interactions should provide an excellent means of studying the strong force. (W.D.L.)

  15. THE ROLE AND IMPORTANCE OF MOBILE MARKETING IN THE SYSTEM OF MARKETING MANAGEMENT

    OpenAIRE

    Ninčević, Šime; Krajnović, Aleksandra; Bosna, Jurica

    2015-01-01

    Mobile marketing is a relatively new branch of marketing, referring to the two-way marketing communication between company and customers that takes place via mobile devices. The effectiveness of marketing campaigns has been greatly increased when mobile devices have been used in conjunction with traditional media and in that case potential customers show more intention to purchase. Implementation of mobile marketing strategy in marketing management is a complex and demanding process. To make ...

  16. 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...

  17. World oil supply and demand'

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    Apart from a collapse of oil and gas consumption in the CIS, a strong increase in demand in the newly industrialized countries and an upward trend in the OECD countries are observed. Non-Opec supply continued to grow, with a production decline in Usa and Russia but a record production level in the North Sea and a remarkable revival in South America (Colombia, Argentina) and Africa (Congo, Angola). In Opec countries, the trend goes from supply control to development of production capacity. Situations in Saudi Arabia, Iran and Iraq are detailed

  18. Market organization and animal genetic resource management: a revealed preference analysis of sheep pricing.

    Science.gov (United States)

    Tindano, K; Moula, N; Leroy, P; Traoré, A; Antoine-Moussiaux, N

    2017-10-01

    Farm animal genetic resources are threatened worldwide. Participation in markets, while representing a crucial way out of poverty for many smallholders, affects genetic management choices with associated sustainability concerns. This paper proposes a contextualized study of the interactions between markets and animal genetic resources management, in the case of sheep markets in Ouagadougou, Burkina Faso. It focusses on the organization of marketing chains and the valuation of genetic characteristics by value chain actors. Marketing chain characterization was tackled through semi-structured interviews with 25 exporters and 15 butchers, both specialized in sheep. Moreover, revealed preference methods were applied to analyse the impact of animals' attributes on market pricing. Data were collected from 338 transactions during three different periods: Eid al-Adha, Christmas and New Year period, and a neutral period. The neutral period is understood as a period not close to any event likely to influence the demand for sheep. The results show that physical characteristics such as live weight, height at withers and coat colour have a strong influence on the animals' prices. Live weight has also had an increasing marginal impact on price. The different markets (local butcher, feasts, export market, sacrifices) represent distinct demands for genetic characteristics, entailing interesting consequences for animal genetic resource management. Any breeding programme should therefore take this diversity into account to allow this sector to contribute better to a sustainable development of the country.

  19. More flexible and demand-oriented schedule operation. For market-driven power generation in biogas existing installation; Flexibilisierung und bedarfsorientierter Fahrplanbetrieb. Zur marktgerechten Stromerzeugung in Biogas-Bestandsanlagen

    Energy Technology Data Exchange (ETDEWEB)

    Welteke-Fabricius, Uwe [CUBE Engineering GmbH, Kassel (Germany)

    2016-08-01

    This lecture investigates the effects of the societal framework on operators of biogas plants in the further development of biogas and its contribution to the German Energiewende. Influences are not only from politics and economy but stakeholders also shape the development to come. A visible part of the existing plants have quickly to be transformed to a demand driven supply. If not, it is most likely that biogas will disappear from the stage within some 15 years - except for waste treatment. In a future of growing wind and solar energy supply we will experience a.. of shortage and surplus within a day, and through the.seasons. Prices will fluctuate increasingly. Controllable energy generators will run for a decreasing number of hours daily. Biogas should contribute to one or two high-price periods a day, when it is dark, low wind, or high demand, but at a higher capacity than today. This pattern, in combination with a valuable use of its thermal energy production, can furthermore offer an economic feasible prospect for biogas plants after their period of subsidized EEG feed-in tariff By now, only few biogas plants are designed accordingly. Most of them produce their power continuously. Only if biogas plants will change towards peak load operation, its unique combination of renewable and controllable energy supply will be recognized, and biogas can contribute a valuable share to a sustainable energy system. Stakeholders can and should support this change.

  20. Latin America wind market assessment. Forecast 2013-2022

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-10-15

    Wind Power Activities by Country: Developers/Owners, Wind Plant Sizes, Wind Turbines Deployed, Commissioning Dates, Market Share, and Capacity Forecasts Latin American markets are a subject of intense interest from the global wind industry. Wind plant construction across Latin America is modest compared to the more established markets like the United States, Europe, and China, but it is an emerging market that is taking off at a rapid pace. The region has become the hottest alternative growth market for the wind energy industry at a time when growth rates in other markets are flat due to a variety of policy and macroeconomic challenges. Globalization is driving sustainable economic growth in most Latin American countries, resulting in greater energy demand. Wind is increasingly viewed as a valuable and essential answer to increasing electricity generation across most markets in Latin America. Strong wind resources, coupled with today's sophisticated wind turbines, are providing cost-effective generation that is competitive with fossil fuel generation. Most Latin American countries also rely heavily on hydroelectricity, which balances well with variable wind generation. Navigant Research forecasts that if most wind plants under construction with planned commissioning go online as scheduled, annual wind power installations in Latin America will grow from nearly 2.2 GW in 2013 to 4.3 GW by 2022. This Navigant Research report provides a comprehensive view of the wind energy market dynamics at play in Latin America. It offers a country-by-country analysis, outlining the key energy policies and development opportunities and barriers and identifying which companies own operational wind plants and which wind turbine vendors supplied those projects. Market forecasts for wind power installations, capacity, and market share in Latin America, segmented by country and company, extend through 2022. The report also offers an especially close analysis of Brazil and Mexico