Commercial Sector: Electricity

 

 

Comparison of Individual Differences With Total Effect

 

Variable # 1

Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

Sector and Source    Commercial:    Electricity                  

 

                High Price    Low Floorspace  

Year           CMHEP07.0922a  CMLFS07.0922a  Sum of Diffs   Total Diff     Sum/Total     

 2010          -.0864344      -.1408944      -.2273288      -.2247524       1.011463     

 2011          -.1490407      -.231916       -.3809567      -.373023        1.021269     

 2012          -.1814179      -.3282537      -.5096716      -.4952397       1.029141     

 2013          -.1902208      -.4034109      -.5936317      -.5749669       1.032462     

 2014          -.1988168      -.449955       -.6487718      -.6270862       1.034582     

 2015          -.206532       -.4728451      -.6793771      -.656498        1.03485      

 2016          -.2129841      -.4906888      -.7036729      -.6804681       1.034101     

 2017          -.2192912      -.502975       -.7222662      -.698873        1.033473     

 2018          -.2261791      -.5139933      -.7401724      -.716351        1.033254     

 2019          -.2346754      -.524755       -.7594304      -.7346873       1.033678     

 2020          -.2446127      -.535954       -.7805667      -.754353        1.03475      

 2021          -.2553868      -.5469761      -.8023629      -.775281        1.034932     

 2022          -.2679801      -.559134       -.8271141      -.7985501       1.03577      

 2023          -.2816062      -.5711679      -.8527741      -.8229671       1.036219     

 2024          -.296216       -.5832548      -.8794708      -.8481221       1.036963     

 2025          -.3136539      -.5969639      -.9106178      -.8764458       1.038989     

 2026          -.331923       -.6100912      -.9420142      -.905755        1.040032     

 2027          -.3515368      -.6238008      -.9753376      -.9367528       1.04119      

 2028          -.372036       -.6381798      -1.010216      -.9688067       1.042742     

 2029          -.3909311      -.650383       -1.041314      -.9994831       1.041853     

 2030          -.4114332      -.6630983      -1.074531      -1.031781       1.041433     

 

 

Endogenous Variable:

Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

  Sector and Source    Commercial:    Electricity                 

 

Exogenous Variables:

# 1) Table #3 Energy Prices by Sector and Source (2005 dollars per million Btu, unless otherwise noted)

    Sector and Source    Commercial:    Electricity                 

 

# 2) Table #5 Commercial Sector Key Indicators and Consumption (quadrillion Btu, unless otherwise noted)

    Key Indicators and Consumption    Total Floorspace (billion squar:      Total                     

 

# 3) Lagged Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

    Sector and Source    Commercial:    Electricity                 

 

Exogenous

Variable              Mean                  Coefficient           Elasticity            t-statistic          

Variable# 1            23.67473             -.02482               -.115481              -12.796979           

Variable# 2            84.3015               .041423               .68628                15.913449           

Variable# 3            4.984052              .332754               .325934               7.16882             

Constant                                     .525455             

 

Endogenous            Mean                  SER                   R-sq                  LR-Multiplier        

Variable               5.088333              .050975               .984956               1.498697631758      

 

                                                                            Commercial Sector Scenarios: Electricity

File

Electricity Price +/- 25%

Floorspace +/- 10%

Base

B

B

CMHEP07

H

B

CMLFS07

B

L

CMEL107

H

L

CMLEP07

L

B

CMHFS07

B

H

CMEL207

H

H

CMEL307

L

L

CMEL407

L

H

“H” = high variation, “L” = low variation, “B” = AEO2007 Base Case