Energy Consumption under Uncertainty: Methodical Approach

T.V.Galperova (galper@isem.sei.irk.ru)

Journal "Region: Economics and Sociology", 2013, vol. 3

Abstract: The paper offers an approach to assessing a demand for fuel to make a long-term forecast of the opportunities of regional energy markets under uncertainty. A peculiarity of the approach is application of the optimization model and Monte-Carlo method. To show what would bring this approach, we present our results obtained by the application of the technique proposed to assessing the price elasticity of demand for gas observed at the new and large heating plants of several Russian regions.

Keywords: energy consumption; long-term forecast; regional energy markets; demand; price; elasticity (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2013-3_13

Access Statistics for this article

More articles in Journal "Region: Economics and Sociology" from Institute of Economics and Industrial Engineering of Siberian Branch of RAS
Bibliographic data for series maintained by Galina Cheverda ().