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A CGE Assessment of the Impacts on Electricity Production and CO2 Emissions of a Residential Demand Response Program in Spain/Impacto sobre la producción eléctrica y emisiones de CO2 de un programa de gestión activa de demanda eléctrica residencial: Un MEGA para España

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Author Info

  • RODRIGUES, RENATO

    ()
    (Instituto de Investigacion Tecnologica (IIT), UNIVERSIDAD PONTIFICIA COMILLAS, ESPAÑA.)

  • LINARES, PEDRO

    ()
    (Instituto de Investigacion Tecnologica (IIT), UNIVERSIDAD PONTIFICIA COMILLAS, ESPAÑA.)

  • GÓMEZ-PLANA, ANTONIO G.

    ()
    (Departamento de Economía. UNIVERSIDAD PÚBLICA DE NAVARRA, ESPAÑA.)

Abstract

Changes in electricity demand can bring substantial shifts in the production structure, costs, and level of emissions of electricity systems. However, the electricity sector is not the only one affected as these changes can create significant repercussions in other sectors and, consequently, in the whole economy. In this paper, the indirect effects of a reduction in household demand for electricity have been evaluated for the Spanish economy. A multisectoral static computable general equilibrium model is employed to achieve this objective. The results clearly point out the importance of assessing other sectors’ behavior when assessing the consequences of promoting demand response policies, especially when dealing with pollutant emissions. Los cambios en los niveles de demanda de electricidad pueden implicar cambios sustanciales en la estructura de producción, costes y nivel de emisiones de los sistemas eléctricos. Sin embargo, el sector eléctrico no es el único afectado ya que estos cambios pueden crear importantes repercusiones en otros sectores y, por consiguiente, en toda la economía. En este trabajo se han evaluado los efectos indirectos de la reducción de la demanda de electricidad de los hogares para el mercado español. Se utiliza un modelo de equilibrio general aplicado (MEGA), multisectorial y estático para lograr este objetivo. Los resultados indican la importancia de evaluar el comportamiento de otros sectores al valorar las consecuencias de fomentar las políticas de gestión activa de la demanda eléctrica para el caso español, sobre todo cuando se trata de estudiar cambios en las emisiones de contaminantes.

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Bibliographic Info

Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

Volume (Year): 29 (2011)
Issue (Month): (Agosto)
Pages: 665 (36 pags.)

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Handle: RePEc:lrk:eeaart:29_2_17

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Postal: Beatriz Rodríguez Prado. Facultad de CC.EE. y EE. Avda. Valle del Esgueva. Valladolid 47011 SPAIN
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Related research

Keywords: Modelo de Equilibrio General Aplicado (MEGA); emisiones; respuesta de la demanda de electricidad. ; Computable General Equilibrium (CGE); Emissions; Electricity Demand Response.;

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References

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  1. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521266550.
  2. Caves, Douglas W. & Christensen, Laurits R. & Schoech, Philip E. & Hendricks, Wallace, 1984. "A comparison of different methodologies in a case study of residential time-of-use electricity pricing : Cost-Benefit Analysis," Journal of Econometrics, Elsevier, Elsevier, vol. 26(1-2), pages 17-34.
  3. Berg, Sanford V. & Capehart, Barney L. & Feldman, Jack & LaTour, Stephen & Sullivan, Robert L., 1983. "An interdisciplinary approach to cost/benefit analysis of innovative electric rates," Resources and Energy, Elsevier, Elsevier, vol. 5(4), pages 313-330, December.
  4. Stephen P. Holland & Erin T. Mansur, 2008. "Is Real-Time Pricing Green? The Environmental Impacts of Electricity Demand Variance," The Review of Economics and Statistics, MIT Press, vol. 90(3), pages 550-561, August.
  5. Severin Borenstein, 2005. "The Long-Run Efficiency of Real-Time Electricity Pricing," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 3), pages 93-116.
  6. Dawkins, Christina & Srinivasan, T.N. & Whalley, John, 2001. "Calibration," Handbook of Econometrics, Elsevier, in: J.J. Heckman & E.E. Leamer (ed.), Handbook of Econometrics, edition 1, volume 5, chapter 58, pages 3653-3703 Elsevier.
  7. Timothy J. Kehoe, 1996. "Social accounting matrices and applied general equilibrium models," Working Papers, Federal Reserve Bank of Minneapolis 563, Federal Reserve Bank of Minneapolis.
  8. Hill, Lawrence J., 1991. "Residential time-of-use pricing as a load management strategy : Effectiveness and applicability," Utilities Policy, Elsevier, Elsevier, vol. 1(4), pages 308-318, July.
  9. Parks, Richard W. & Weitzel, David, 1984. "Measuring the consumer welfare effects of time-differentiated electricity prices," Journal of Econometrics, Elsevier, Elsevier, vol. 26(1-2), pages 35-64.
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