By Isamu Matsukawa
This e-book provides an in-depth empirical research of patron reaction to replacement regulations for strength conservation. Its major concentration is on leading edge coverage tools that experience attracted expanding recognition from teachers and effort conservation practitioners alike: severe height pricing, conservation requests, in-home screens, and residential power reviews. The ebook investigates the consequences of those coverage tools on residential call for for electrical energy. the information is drawn from a sequence of randomized box experiments for the years 2012–2013 in Japan, the place critical issues approximately energy shortages have emerged within the wake of the nuclear catastrophe in Fukushima. by means of utilising econometric strategies to the quantitative research of residential strength intake, the booklet demonstrates how shoppers reply to cutting edge tools for power conservation. It additionally bargains new views on how those tools can be utilized extra successfully and explores the opportunity of their sensible implementation. This hugely informative publication is key interpreting for power experts in either educational contexts.
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Extra resources for Consumer Energy Conservation Behavior After Fukushima: Evidence from Field Experiments
The notice of the request was also displayed on the tablets. Before the third and last experiments, this group received HERs. In the third and last experiments, the group did not receive CRs. 3 Sample Construction and Randomization Tests To solicit household participation in the experiment, the Keihanna Eco-City Promotion Council sent a letter to all households in Kyotanabe City, Kizugawa City, and Seika Town, located in the south of Kyoto, Japan, in January 2012. In the letter, the Council asked these households whether they had any interest in the experiment, any access to the Internet, and owned an on-site generation facility, such as a rooftop photovoltaic.
The literature reported relatively modest estimates on the own price elasticities of peak electricity demand for households. 10 in 15 residential experiments of CPP that were mostly implemented in the 1990s and early 2000s in the United States. 12 for households. Using experimental data on households living in Minnesota and South Dakota in 2011, Fenrick et al. 14, which was equal to the estimate of a CPP experiment on Japanese households in Ito et al. (2015). 10, households receiving the requests reduced the ratio of daily electricity demand during peak hours to during off-peak hours in the ﬁrst experiment.
For the two-commodity case, estimation of the parameters from either of the two share equations will yield identical results (Caves and Christensen 1980, p. 297). 10. The number of households decreased as the experiments proceeded because of equipment failure (missing data), installation of rooftop photovoltaics, or cancellation. 9 Parameter estimates of the peak expenditure share in Eq. 727 Number of observations 45,492 48,914 45,771 44,992 Number of households 669 661 627 608 Notes Standard errors, which are clustered at the household level, are in parentheses.