A BEJEAP Topics article.

Abstract

This article offers a simple, easy-to-use tool, CECANT, that allows policy analysts to calculate the economy-wide or sectoral energy use effects of new or prospective energy efficiency technologies. Such effects are in general intricate and subtle. Unlike more complex general equilibrium models, the tool requires only that the researcher has access to econometric estimates of the economy’s (or sector’s) cost function. CECANT enables analysts to rapidly address key policy questions related to reducing carbon emissions, such as setting R&D priorities, managing the deployment of different technologies in different sectors, and comparing technology effectiveness across countries. A user-friendly software implementation accompanies this article, and examples are given showing its use.

Erratum

Appendix B has two errors involving the suggested method for generating a total technology vector. These errors also appeared in the software. See the "Additional File" called "Corr.pdf" for a full explanation. The additional file called CECANT_corrected.xls is the corrected software. Note that CECANT users can use any method for developing a total technology vector, including choosing an arbitrary one to test, and most of CECANT's output measures do not involve it. None of CECANT's methodology for calculating output measures is affected by this corrigendum.

Submitted: June 21, 2005 · Accepted: August 2, 2005 · Published: September 16, 2005

Originally published in Topics in Economic Analysis & Policy.

Recommended Citation

Saunders, Harry D. (2005) "A Calculator for Energy Consumption Changes Arising from New Technologies," Topics in Economic Analysis & Policy: Vol. 5 : Iss. 1, Article 15.
Available at: http://www.bepress.com/bejeap/topics/vol5/iss1/art15

Related Files

Proofs.pdf (201 kB)
Supporting Proofs
CECANT.xls (475 kB)
CECANT Software
Examples.pdf (86 kB)
Further Examples
Corr.pdf (195 kB)
Correction to Appendix B
CECANT_corrected.xls (503 kB)
New CECANT software