Thesiss

This dissertation is the first application of Monte Carlo simulation (MCS) to design of water rates in a developing country. A deterministic net revenue model and its stochastic counterpart were developed and calibrated using data from a financial study and a contingent valuatio…

Residential and commercial electricity customers use more than two third of the total energy consumed in the United States, representing a significant resource of demand response. Price-based demand response, which is in response to changes in electricity prices, represents the …