Analysis & Projections

Technical Workshop on Behavior Economics Presentations

November 15, 2013


About the workshop

The U.S. Department of Energy's Energy Information Administration (EIA) conducted a technical workshop on July 17, 2013 in Washington, D.C. to assess recent methodological developments in the field of behavioral economics as applied to energy demand analysis and energy efficiency programs.

This meeting supports the EIA goal of updating its analytic assumptions and methods associated with the modeling of changing energy markets for purposes of public information and policy analysis. The National Energy Modeling System (NEMS) is the primary technical system used by EIA for domestic, long term forecasting and analysis. Ultimate objectives include enhancing the quality of EIA products through improved consumer behavior and policy representation in NEMS and maintaining relevancy and consistency with developing best practices in energy economics. Enhanced capabilities will support the Residential Demand Module (RDM) and Commercial Demand Module (CDM), which are major components of NEMS that project energy consumption for marketed energy sources plus distributed solar and geothermal energy. Both the RDM and CDM include projections of energy consumption by end-use service through 2040.

See full workshop summary

 

Presentations
EIA Buildings Analysis of Consumer Behavior in NEMS, David Peterson PDF
Behavioral Economics as Applied to Energy Demand Analysis and Energy Efficiency Programs PDF