Download No-regret Potentials in Energy Conservation: An Analysis of by Katrin Ostertag PDF

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By Katrin Ostertag

(2) Do latest estimates of the no-regret power face up to are-evaluation inside this framework? due to this research the dimensions of past estimates for no-regret potentials will be transformed - in phrases ofenergy reductions or in monetary phrases. at the foundation of those findings, we are going to process the overriding 3rd examine query: (3) How huge is the no-regret capability and what determines its measurement? the next bankruptcy will supply a fuller account of the talk on no-regret potentials. this may be complemented via a close theory-based definition of no­ remorse potentials in bankruptcy 2. The thesis will concentration totally on the micro-level of study. yet we'll additionally tackle the consequences ofour findings for the research ofenergy saving measures and regulations at extra mixture degrees, particularly inside a feasibility learn for adapting a version which represents the extent of the nationwide economic system. the controversy on no-regret potentials­ 1 foundation, context, concerns The time period "no-regret potentials" was once coined throughout the debate on weather swap. It designates possibilities for the aid of greenhouse gasoline (GHG) emissions ". . . which are worthy venture even if there are climate-related purposes for doing so. " (IPCC 1996, p. 271). within the IPCC's 3rd overview record (TAR), no­ remorse potentials are more and more equated with GHG emission aid potentials at damaging (net) charges (lPCC 2001, p. 21).

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Boyd, Pang 2000; Boyd et al. 1993, 1992; or Huntington 1994 for a review). Such a measure would imply a move from F to A. The criterion by which no-regret advocates typically determine the firm's position relative to point A is their empirical manifestation of opportunities for simultaneous cost and energy savings at the level of the energy system or at the micro-level of costs and benefits. They do not normally distinguish between cases of technical inefficiency (i. e. a position of the firm above the isoquant, such as D) or allocative inefficiency (i.

3 The standard theory of market failure 51 of average pricing and price discrimination in this industry, Walz claims that this leads to lower than competitive prices (point F instead of M or A) and consequently to an over-consumption of electricity. This is a common argument in the no-regret debate 46 . However, while low energy prices are certainly a "barrier" to the reduction of electricity consumption, in the above situation it is much more difficult to argue that they are a result of market failure.

It is particularly well covered in IPCC 1996, 1996a; see also Krause 1996 and Grubb et al. 1999, p. 315ff. 2 The issues of the no-regret controversy 27 interaction with energy (service) consumption24 . Furthermore, it may be richer in its representation of technology choice, which is an advantage for the representation of no-regret potentials. If a general economic model also offers a sufficient degree of disaggregation, the energy system level can be distinguished and observed in the variables as part of the general economic model (for an example see Chap.

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