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Ontario Industrial Electricity Demand Responsiveness to Price

出版	Canadian Electronic Library., 2007
URL	http://books.google.com.hk/books?id=CW-J0AEACAAJ&hl=&source=gbs_api

註釋In all models tested the real-time price, the hourly Ontario energy price (HOEP plus uplift), had a negative coefficient and was statistically significant in the key peak hours of the day" (Market Surveillance Panel, 2003: 108).2 Although not strong, the results of the MAU's statistical analysis of the relationship of load to the market price of electricity during the period from May to December o [...] Technical Paper 1 x The Fraser Institute x 3 ontario industrial electricity demand responsiveness to price on the narrow technical questions of whether, and to what extent, the price elasticity of Ontario's industrial electricity demand may have changed in recent years, and the implications of the degree of demand response to price changes, the need for reforms or structural changes to Ontario's w [...] As in the similar analysis reported by the Market Surveillance Panel in 2003, the hourly Ontario electricity price (HOEP) determined in the wholesale market operated by the IESO, the HOEP plus hourly Uplift, and the 3-hour pre-dispatch price were tested Technical Paper 1 x The Fraser Institute x 8 ontario industrial electricity demand responsiveness to price (Market Surveillance Panel, 2003: 96-10 [...] The results for the on-peak hour regressions for both test periods that are summa- rized in the table 3 are generally comparable to the goodness of fit and findings in relation to the significance of price as an explanatory variable that the Market Surveillance Panel reported in 2003. [...] The overall conclusion is that, as indicated in the Market Surveillance Panel's Report of March 2003, the price of electricity is a significant determinant of electricity demand during on-peak hours in most cases with the expected negative sign (Market Surveil- lance Panel, 2003).7 Further, of the industries examined, the price of electricity appears to matter most in the pulp and paper industry a.