Abstract

The authors describe the application of advanced econometric techniques and economic theory to better forecast the total impact of a major new industrial plant on a utility's internal energy requirements. A simultaneous-equation system linking the various economic sectors of a utility's service area is estimated and impact stabilizers are derived from the coefficients. The multipliers predict both the primary and secondary effects of a new plant on local employment and income. These variables are then used in energy models to forecast the total increase in electric load-including both primary and secondary gains-caused by the new plant.< <ETX xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">&gt;</ETX>

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