As adoption of electric vehicles rises, grid costs increase. The authors show that charging loads differ by income and predict cost asymmetries up to 33-fold between higher- and lower-income neighborhoods, leading to an inequitable cost allocation. Sarah A. Steinbach & Maximilian J. Blaschke Artic...
Given the absence of such a pre-existing tool, we introduce a predictive framework, the Energy Price Index (EPIC), which can be used as a benchmark to calculate the average price of energy to the end-use consumers in the United States. The complex energy landscape of the United States is...
The European Union Emissions Trading System (EU ETS) is designed to promote carbon reduction in a cost-effective and economically efficient manner. To meet their compliance requirements, participants within the EU ETS can either invest in carbon abatemen
Gross domestic product divided by population equals GDP per capita. The GDP is a quantitative measure of the market worth of all final goods and services produced over a given period. Because GDP incorporates price changes, it gives an accurate measurement of economic growth, which is why we ch...
off grid completely. While in previous years, the main reason for taking up these technologies were economical (e.g. high FiT or rebates), households are now being driven by an additional desire for self-sufficiency, which is related to the above-mentioned pessimism about future price rises. ...
Year-on-year greaterthan-inflation energy price rises have really taken their toll on my age group. Betty and I wonder how much longer it will go on."We took the time to get to grips with our bills, pinpointed the places and times of high usage and were able to tweak a few things...
While the Soviet Union had plenty of fossil fuels, the world oil price was very low (indicating oversupply). As a result, the country was not getting enough revenue for reinvestment in new oil fields and to repay debt and meet other obligations. The world’s self-organizing economy ...
Because energy comprises about one-third of the Consumer Price Index (CPI), when crude oil rises it impacts inflation. Gold being a traditional inflation hedge, it follows that as higher oil prices lead to increased inflation, the gold price goes up, as more investors buy gold to diversify ...
wheredandtrepresent the day and the temperature, respectively. Specifically,d,t < 5°C (ort > 25°C) indicates a day when the temperature falls below 5 °C (or rises above 25 °C). Household energy consumption The dataset for fuel energy consumption in both rural and urban...
When the uncertainty budget rises from 5 to 30%, active power losses increase from 134.75 kW to 145.35 kW, voltage deviations rise from 0.0192 p.u. to 0.0237 p.u., and unsupplied energy grows from 1.867 MWh to 1.920 MWh. Meanwhile, the minimum network voltage drops from 0.9388 p.u. ...