Hydro-Quebec energy savings programs: 'watt' are they worth?

Article Abstract:

Hydro-Quebec launched several energy savings programs in 1992. The programs, which will be finished in 2010 at a cost of around $3.9 billion, are expected to reduce electricity demand in Quebec by 9.3 trillion watt-hours by 2000 and 18 trillion watt-hours by 2010. Cost-benefit analysis reveals that the present value benefits of the programs will range from $2.097 billion to $4.493 billion over the period from 1992 to 2010, depending on the amount of electricity saved. Although beneficial to consumers and Hydro-Quebec, the programs are expected to result in heavy losses for the government.

Economic aspects, Electric utilities, Energy use, Energy policy, Quebec, Energy economics, Hydro-Quebec

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Information programs for technology adoption: the case of energy-efficiency audits

Article Abstract:

The decision on technology adoption of manufacturing plants in response to government-aided energy audits is analyzed. The results indicate that the adoption rates are higher for projects with shorter paybacks, lower costs, bigger annual sales and greater energy conservation and this implies that subsidies are more effective at promoting energy efficient technologies than energy price increases.

Commodity & service prices, Prices and rates, Technology application, Energy industries, Energy industry, Company pricing policy

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Explaining slow diffusion of energy-saving technologies; a vintage model with returns to diversity and learning-by-using

Article Abstract:

A model clarifies the reasons for slow diffusion of energy saving technologies. Energy taxes reduce consumtion by increasing the speed of diffusion of technologies for energy saving and substitutes labor for capital.

Science & research, World, Models, Diffusion of innovations

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