Electric utility conservation programs and the decision to abandon partially completed supply projects

Edward Kahn

Energy, 1982, vol. 7, issue 11, 927-943

Abstract: Electric utility conservation programs are examined in the context of a decision to terminate partially completed supply projects, using the case of Philadelphia Electric Company's Limerick generating station. A cost-effectiveness criterion is developed for such utility programs. Methodology for determining the cost of various loan and grant programs is outlined, and particular programs are evaluated. It is found that 1.(1) utility financial incentives for end-use conservation are usually cost-effective;2.(2) in the case study,conservation programs could replace one of the two units under construction;3.(3) except for the lowest cost-programs, conservation competes with continued construction.

Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:7:y:1982:i:11:p:927-943

DOI: 10.1016/0360-5442(82)90040-8

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