Demand management

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Demand management

Lighting can be gradually dimmed up to 20 percent with little effect on productivity, but a profound impact on the overall building load. By sensing incoming electric service for peak loads, lighting can be dimmed when other building systems are peaking in load. The result is a flattening of the energy use curve, which lowers energy cost usually computed using peak demand volumes.
References in periodicals archive ?
Third, longer-run economic growth would still be driven by human capital accumulation and technological progress, as always, but without the accompanying stabilization policy as conventionally practiced from 1984-2007.
A stabilization policy is followed by the government in order to smooth the fluctuations of economic activity over the cycle.
Fiscal policy will be governed partly by the level of general government net lending in relation to the surplus target, and partly by stabilization policy needs, if any.
In The Effects of Stabilization Policy section we have shown that optimal policy leads to no correlation between policy and inflation if the effect of the policy is known precisely.
Therefore, there is a clear indication that the enlargement of the monetary union could, on average, increase stability for the EMU-12, although in some cases the performance of stabilization policy instruments might deteriorate.
Although society would be much better off if these permanent shocks were avoided, this is not a cost that could be avoided by conventional stabilization policy.
This suggests that the Federal Reserve's price stabilization policy has credibility--participants believe the Fed will not allow inflation to accelerate in response to the energy price shocks.
In "Optimal Stabilization Policy when Wages and Prices Are Sticky: The Case of a Distorted Steady State," Pierpaolo Benigno and Michael Woodford consider the optimal design of monetary policy when both prices and wages display considerable inertia.
He applied it to testing the credibility of the stabilization policy implemented by Israel between 1982 and 1987.
Thus, this year's symposium explored the potential scope for stabilization policy in this new environment.
Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates," Canadian Journal of Economics and Political Science 29, pp.