The Transactions of The Korean Institute of Electrical Engineers (전기학회논문지)

The Korean Institute of Electrical Engineers (대한전기학회)
권호 표지

Estimation of Rebate Level for Energy Efficiency Programs Using Optimization Technique

최적화 기법을 이용한 에너지 효율 프로그램의 지원금 수준 산정

  • 박종진 (한양대 공대 전기공학과) ;
  • 소철호 (한양대 공대 전기공학과) ;
  • 김진오 (한양대 공대 전기공학과)
  • Published : 2008.03.01
Download PDF
⟨ Previous Next ⟩

Abstract

This paper presents the evaluation procedures and the estimation method for the estimation of optimal rebate level for EE(Energy Efficiency) programs. The penetration amount of each appliance is estimated by applying price function to preferred diffusion model resulted from model compatibility test. To estimate the optimal rebate level, two objective functions which express the maximum energy saving and operation benefit are introduced and by multi-objective function which can simultaneously consider two objective functions the optimal rebate level of each appliance is estimated. And then, using the decided rebate level and each penetration amount, the priority order for reasonable investment of each high-efficiency appliance is estimated compared to the results of conventional method. Finally, using a benefit/cost analysis based on California standard practice manual, the economic analysis is implemented for the four perspectives such as participant, ratepayer impact measure, program administrator cost and total resource cost.

Keywords

References

  1. Bass F. M., "A New Product Growth Model for Consumer Durables," Management Science, vol. 15, pp. 215-227, 1969 https://doi.org/10.1287/mnsc.15.5.215
  2. Vijay Mahajan, Eitan Muller, Yoram Wind, New Product Diffusion Models, International Series in Quantitative Marketing, 2000
  3. Zhengrui Jiang, Frank M. Bass, Portia Isaacson Bass, "Virtual Bass Model and the Left-Hand Data-Truncation Bias in Diffusion of Innovation Studies," Inter. J. of Research in Marketing, vol. 23, pp. 93-106, 2006 https://doi.org/10.1016/j.ijresmar.2006.01.008
  4. 에너지관리공단 , DSM 성과계량 및 비용효과분석 연구 최종보고서, pp. 9-34, 2000
  5. Lindberg, B. C., "International Comparison of Growth in Demand for a New Durable Product," Journal of Marketing Research, vol 19, pp. 364-371, 1982 https://doi.org/10.2307/3151570
  6. Mark W, Speece, Douglas L, Maclachlan, "Application of a Multi-Generation Diffusion Model to Milk Container Technology," Technological Forecasting and Social Change, vol. 49, pp. 281-295, 1995 https://doi.org/10.1016/0040-1625(95)00006-V
  7. Michel Gibbs and Jeanne C. Townend. "The Role of Rebates in Market Transformation: Friend or Foe?," Summer Study on Energy Efficiency in Buildings, pp. 6.121-6.132. 2000
  8. http://www.energy.ca.go/greenbuiding/documents/ background/07-J_CPUC_STANDARD_PRACTICE_ MANUAL.PDF.