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The Economics of Conservation Programs (Paperback, Softcover reprint of the original 1st ed. 1997)
Loot Price: R4,228
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The Economics of Conservation Programs (Paperback, Softcover reprint of the original 1st ed. 1997)
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Demand side management (DSM) is one of the most topical issues in
regulating electric utilities, both in the United States and
internationally. What is DSM? It consists of various measures at
the level of demand (households, commerce, industry, others), which
are at least partially financed by electric utilities and which
should either conserve energy or reduce the peak load. The practice
of DSM originates from The Public Utility Regulatory Policy Act of
1978 (PURPA) that provided the political and legal framework to set
energy conservation as a national goal, which encouraged regulatory
commissions to initiate utility conservation programs; see e.g.,
Nowell-Tschirhart (1990) and Fox-Penner (1990). Moreover,
integrated resource planning, which must account for DSM on a level
playing field with supply, is written into the 1992 Energy Policy
Act as the U.S. Government's preferred method of electric power
planning. Although PURPA set energy conservation as a national
priority, its implementation was left to the states with the
consequence of considerable differences concerning efforts and
rules. By 1993 16 states had already implemented integrated
resource planning, 9 were in the process of doing so and further 9
considered implementation, (EPRI 1993b). Due to the Clean Air Act
of 1990, 24 states are considering to include external costs in
integrated resource planning.
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