End-Use R &D: Technology Development Strategy for an Integrated Market

Clark W. Gellings and Jerome P. Harper

The Energy Journal, 1989, vol. 10, issue 3, 19-34

Abstract: This article provides a value maximization strategy for end-use R &D planning which meets both supply-side and demand-side R &D objectives. The strategy is compatible with conventional econometric market analysis, power system demand-side management or least-cost planning methods, and operations research approaches common to manufacturing. The strategy permits incorporation of supply and demand uncertainties into the R &D planning process. It also provides a methodology for determining the optimal set of R &D investments These R &D investments will result in products that increase the value of electrical service, promote the efficient operation of electric power systems, and ensure the productivity of manufacturing operations.

Keywords: End-use R&D; Electric utilities; DSM (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:10:y:1989:i:3:p:19-34

DOI: 10.5547/ISSN0195-6574-EJ-Vol10-No3-2

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