Article ; Online: Estimating the Price Elasticity of Natural Gas and Electricity in Pacific Northwest
SHS Web of Conferences, Vol 163, p
2023 Volume 01021
Abstract: This paper estimates the price elasticity of electricity and natural gas in the Pacific Northwest. Electricity and natural gas are substitutes; and demands of different classes of consumers for the energy are price-inelasticity. The results are when the ... ...
Abstract | This paper estimates the price elasticity of electricity and natural gas in the Pacific Northwest. Electricity and natural gas are substitutes; and demands of different classes of consumers for the energy are price-inelasticity. The results are when the price of retail electricity and natural gas changes, consumers would choose the cheaper one to make up for the increased cost of another energy price. Consumers’ demand for energy is mainly stable, they won’t affect a lot by the change in energy prices. |
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Keywords | Social Sciences ; H |
Language | English |
Publishing date | 2023-01-01T00:00:00Z |
Publisher | EDP Sciences |
Document type | Article ; Online |
Database | BASE - Bielefeld Academic Search Engine (life sciences selection) |
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