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Electricity Growth in the Future

Abstract:
Electricity demand in the United States declined in 1974 after over twenty years of sustained growth. By 1976, the growth rate was back up to 5 percent, but since then it has eroded steadily, with demand in 1982 slightly less than in 1981. This paper provides a simple way to understand these trends in electricity demand and to project futuredevelopments.

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Energy Specializations: Energy Modeling – Forecasting and Market Analysis; Electricity – Markets and Prices

JEL Codes:
D4 -
D42 - Market Structure, Pricing, and Design: Monopoly

Keywords: Electricity demand, US, Forecasting

DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No1-5


Published in Volume 6, Number 1 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.