Programs | Data Analysis and Modeling

Programs

Data Analysis and Modeling

In December 2009, Kentucky Energy and Environment Cabinet Secretary Len Peters directed the Department for Energy Development and Independence (DEDI) to construct the Kentucky Energy Database to quantify energy and its interaction with the environment and economy in the Commonwealth. This database exists for the following four purposes:

To provide the historical time series data necessary to construct and calibrate predictive energy models customized for Kentucky.
To produce the Kentucky Energy Profile, Kentucky Coal Facts, and serve as an impartial point of reference for the general public, researchers and policy makers.
To support the Commonwealth Energy Assurance Plan that identifies potential threats to the energy security of the Commonwealth, and facilitates the restoration of energy supplies in the event of an emergency.
To support the Kentucky Electricity Portfolio Model, a dynamic computer model developed by DEDI, which forecasts electricity prices, demand, price elasticity of demand, emissions and fuel consumption based on various staff assumption and changes to the generating portfolio.