Dr. Peter M. Schwarz, Ph.D

Professor, Specialist in energy economics, especially electricity

Winston-Salem, North Carolina, United States of America

Research Expertise

real-time pricing electricity
solar energy pricing
demand response
Renewable Energy, Sustainability and the Environment
Pollution
Electric vehicles

About

Dr. Peter M. Schwarz is an experienced economist with a diverse background in academia, research, and consulting. He received his Ph.D. in Economics from The Ohio State University, where he specialized in public finance, industrial organization and regulation, and econometrics. During his doctoral studies, Dr. Schwarz worked at a group that developed the foundation for the National Regulatory Research Institute, where he conducted research on topics such as time-of-day electricity rates. He also served as a teaching assistant for undergraduate courses in macroeconomics and microeconomics. After completing his Ph.D., Dr. Schwarz did extensive research with the Duke Energy Company. In this role, he analyzed the effect of electricity tariffs. He also assisted attorneys on legal cases related to insurance, health care and divorce settlements. Dr. Schwarz has also held a visiting academic position at the China University of Mining and Technology and an off-site appointment at Research Triangle Institute, as well as team-teaching a masters-level course on sustainability at Wake Forest University. He has received grants from the U.S. Department of Energy and the Environmental Protection Agency. He has published numerous articles in academic journals on topics such as energy, brownfields, and carbon emissions in China. Currently, Dr. Schwarz is a professor of economics at the University of North Carolina at Charlotte, where he teaches courses in energy economics. He continues to conduct research and publish on a variety of economic issues, and is frequently invited to speak at conferences and seminars around the world.

Publications

Adjusting energy consumption structure to achieve China's CO2 emissions peak

Renewable and Sustainable Energy Reviews / Apr 01, 2020

Xu, G., Schwarz, P., & Yang, H. (2020). Adjusting energy consumption structure to achieve China’s CO2 emissions peak. Renewable and Sustainable Energy Reviews, 122, 109737. https://doi.org/10.1016/j.rser.2020.109737

24/7 Hourly Response to Electricity Real-Time Pricing with up to Eight Summers of Experience

Journal of Regulatory Economics / May 01, 2005

Taylor, T. N., Schwarz, P. M., & Cochell, J. E. (2005). 24/7 Hourly Response to Electricity Real-Time Pricing with up to Eight Summers of Experience. Journal of Regulatory Economics, 27(3), 235–262. https://doi.org/10.1007/s11149-005-6623-6

Determining China's CO2 emissions peak with a dynamic nonlinear artificial neural network approach and scenario analysis

Energy Policy / May 01, 2019

Xu, G., Schwarz, P., & Yang, H. (2019). Determining China’s CO2 emissions peak with a dynamic nonlinear artificial neural network approach and scenario analysis. Energy Policy, 128, 752–762. https://doi.org/10.1016/j.enpol.2019.01.058

A novel economic model for price-based demand response

Electric Power Systems Research / Jun 01, 2016

Mohajeryami, S., Moghaddam, I. N., Doostan, M., Vatani, B., & Schwarz, P. (2016). A novel economic model for price-based demand response. Electric Power Systems Research, 135, 1–9. https://doi.org/10.1016/j.epsr.2016.03.026

Error Analysis of Customer Baseline Load (CBL) Calculation Methods for Residential Customers

IEEE Transactions on Industry Applications / Jan 01, 2017

Mohajeryami, S., Doostan, M., Asadinejad, A., & Schwarz, P. (2017). Error Analysis of Customer Baseline Load (CBL) Calculation Methods for Residential Customers. IEEE Transactions on Industry Applications, 53(1), 5–14. https://doi.org/10.1109/tia.2016.2613985

Cold Hands, Warm Hearth?: Climate, Net Takeback, and Household Comfort*

The Energy Journal / Jan 01, 1995

Schwarz, P. M., & Taylor, T. N. (1995). Cold Hands, Warm Hearth?: Climate, Net Takeback, and Household Comfort*. The Energy Journal, 16(1), 41–54. https://doi.org/10.5547/issn0195-6574-ej-vol16-no1-3

Including the behavioral aspects of customers in demand response model: Real time pricing versus peak time rebate

2015 North American Power Symposium (NAPS) / Oct 01, 2015

Mohajeryami, S., Schwarz, P., & Baboli, P. T. (2015, October). Including the behavioral aspects of customers in demand response model: Real time pricing versus peak time rebate. 2015 North American Power Symposium (NAPS). https://doi.org/10.1109/naps.2015.7335116

INDUSTRIAL RESPONSE TO ELECTRICITY REAL‐TIME PRICES: SHORT RUN AND LONG RUN

Economic Inquiry / Oct 01, 2002

Schwarz, P. M., Taylor, T. N., Birmingham, M., & Dardan, S. L. (2002). INDUSTRIAL RESPONSE TO ELECTRICITY REAL‐TIME PRICES: SHORT RUN AND LONG RUN. Economic Inquiry, 40(4), 597–610. Portico. https://doi.org/10.1093/ei/40.4.597

Energy-Water Nexus: Potential Energy Savings and Implications for Sustainable Integrated Water Management in Urban Areas from Rainwater Harvesting and Gray-Water Reuse

Journal of Water Resources Planning and Management / Dec 01, 2015

Malinowski, P. A., Stillwell, A. S., Wu, J. S., & Schwarz, P. M. (2015). Energy-Water Nexus: Potential Energy Savings and Implications for Sustainable Integrated Water Management in Urban Areas from Rainwater Harvesting and Gray-Water Reuse. Journal of Water Resources Planning and Management, 141(12). https://doi.org/10.1061/(asce)wr.1943-5452.0000528

The Long-Run Effects of a Time-of-Use Demand Charge

The RAND Journal of Economics / Jan 01, 1990

Taylor, T. N., & Schwarz, P. M. (1990). The Long-Run Effects of a Time-of-Use Demand Charge. The RAND Journal of Economics, 21(3), 431. https://doi.org/10.2307/2555618

The impact of Customer Baseline Load (CBL) calculation methods on Peak Time Rebate program offered to residential customers

Electric Power Systems Research / Aug 01, 2016

Mohajeryami, S., Doostan, M., & Schwarz, P. (2016). The impact of Customer Baseline Load (CBL) calculation methods on Peak Time Rebate program offered to residential customers. Electric Power Systems Research, 137, 59–65. https://doi.org/10.1016/j.epsr.2016.03.050

Animal House: Economics of Pets and the Household

The B.E. Journal of Economic Analysis & Policy / Jul 17, 2007

Schwarz, P. M., Troyer, J. L., & Walker, J. B. (2007). Animal House: Economics of Pets and the Household. The B.E. Journal of Economic Analysis & Policy, 7(1). https://doi.org/10.2202/1935-1682.1679

Energy Economics

Aug 14, 2017

Schwarz, P. M. (2017). Energy Economics. Routledge. https://doi.org/10.4324/9781315114064

A Residential Demand Charge: Evidence from the Duke Power Time-of-Day Pricing Experiment

The Energy Journal / Apr 01, 1986

Taylor, T. N., & Schwarz, P. M. (1986). A Residential Demand Charge: Evidence from the Duke Power Time-of-Day Pricing Experiment. The Energy Journal, 7(2), 135–152. https://doi.org/10.5547/issn0195-6574-ej-vol7-no2-10

A strengthened relationship between electricity and economic growth in China: An empirical study with a structural equation model

Energy / Feb 01, 2022

Xu, G., Yang, H., & Schwarz, P. (2022). A strengthened relationship between electricity and economic growth in China: An empirical study with a structural equation model. Energy, 241, 122905. https://doi.org/10.1016/j.energy.2021.122905

ESTIMATING THE EFFECTS OF BROWNFIELDS AND BROWNFIELD REMEDIATION ON PROPERTY VALUES IN A NEW SOUTH CITY

Contemporary Economic Policy / Mar 02, 2016

Schwarz, P. M., Gill, G. L., Hanning, A., & Cox, C. A. (2016). ESTIMATING THE EFFECTS OF BROWNFIELDS AND BROWNFIELD REMEDIATION ON PROPERTY VALUES IN A NEW SOUTH CITY. Contemporary Economic Policy, 35(1), 143–164. Portico. https://doi.org/10.1111/coep.12171

Land Aggregation Using Contingent and Guaranteed Payments

Southern Economic Journal / Jan 01, 2014

Zillante, A., Schwarz, P. M., & Read, D. C. (2014). Land Aggregation Using Contingent and Guaranteed Payments. Southern Economic Journal, 80(3), 702–727. Portico. https://doi.org/10.4284/0038-4038-2012.047

The Estimated Effects on Industry of Time-of-Day Demand and Energy Electricity Prices

The Journal of Industrial Economics / Jun 01, 1984

Schwarz, P. (1984). The Estimated Effects on Industry of Time-of-Day Demand and Energy Electricity Prices. The Journal of Industrial Economics, 32(4), 523. https://doi.org/10.2307/2098234

Building a Better Baseline for Residential Demand Response Programs: Mitigating the Effects of Customer Heterogeneity and Random Variations

Electronics / Mar 28, 2020

Schwarz, P., Mohajeryami, S., & Cecchi, V. (2020). Building a Better Baseline for Residential Demand Response Programs: Mitigating the Effects of Customer Heterogeneity and Random Variations. Electronics, 9(4), 570. https://doi.org/10.3390/electronics9040570

Sustaining sustainability: Approaches and contexts

Journal of Environmental Management / Sep 01, 2009

Inyang, H. I., Schwarz, P. M., & Mbamalu, G. E. (2009). Sustaining sustainability: Approaches and contexts. Journal of Environmental Management, 90(12), 3687–3689. https://doi.org/10.1016/j.jenvman.2008.05.024

Fee Credits as an Economic Incentive for Green Infrastructure Retrofits in Stormwater-Impaired Urban Watersheds

Journal of Sustainable Water in the Built Environment / Nov 01, 2020

Malinowski, P. A., Schwarz, P. M., & Wu, J. S. (2020). Fee Credits as an Economic Incentive for Green Infrastructure Retrofits in Stormwater-Impaired Urban Watersheds. Journal of Sustainable Water in the Built Environment, 6(4). https://doi.org/10.1061/jswbay.0000923

Advance notice of real-time electricity prices

Atlantic Economic Journal / Dec 01, 2000

Taylor, T. N., & Schwarz, P. M. (2000). Advance notice of real-time electricity prices. Atlantic Economic Journal, 28(4), 478–488. https://doi.org/10.1007/bf02298399

The influence of finance on China’s green development: an empirical study based on quantile regression with province-level panel data

Environmental Science and Pollution Research / May 20, 2022

Xu, G., Chang, H., Yang, H., & Schwarz, P. (2022). The influence of finance on China’s green development: an empirical study based on quantile regression with province-level panel data. Environmental Science and Pollution Research, 29(47), 71033–71046. https://doi.org/10.1007/s11356-022-20856-0

RENAISSANCE OR REQUIEM: IS NUCLEAR ENERGY COST EFFECTIVE IN A POST‐FUKUSHIMA WORLD?

Contemporary Economic Policy / Oct 03, 2012

SCHWARZ, P. M., & COCHRAN, J. A. (2012). RENAISSANCE OR REQUIEM: IS NUCLEAR ENERGY COST EFFECTIVE IN A POST‐FUKUSHIMA WORLD? Contemporary Economic Policy, 31(4), 691–707. Portico. https://doi.org/10.1111/j.1465-7287.2012.00341.x

Rural financial development and achieving an agricultural carbon emissions peak: an empirical analysis of Henan Province, China

Environment, Development and Sustainability / Jan 04, 2022

Xu, G., Li, J., Schwarz, P. M., Yang, H., & Chang, H. (2022). Rural financial development and achieving an agricultural carbon emissions peak: an empirical analysis of Henan Province, China. Environment, Development and Sustainability, 24(11), 12936–12962. https://doi.org/10.1007/s10668-021-01976-y

Comparing contaminated property redevelopment for mandatory and Voluntary Cleanup Programs in California

Journal of Environmental Management / Sep 01, 2009

Schwarz, P. M., Depken, C. A., Hanning, A., & Peterson, K. (2009). Comparing contaminated property redevelopment for mandatory and Voluntary Cleanup Programs in California. Journal of Environmental Management, 90(12), 3730–3735. https://doi.org/10.1016/j.jenvman.2009.02.018

Ex ante evidence of backwardation/contango in commodities futures markets

Journal of Futures Markets / Jun 01, 1982

O’Brien, T. J., & Schwarz, P. M. (1982). Ex ante evidence of backwardation/contango in commodities futures markets. Journal of Futures Markets, 2(2), 159–168. Portico. https://doi.org/10.1002/fut.3990020207

The effect of industrial relocations to central and Western China on urban construction land expansion

Journal of Land Use Science / May 04, 2021

Xu, G., Geng, M., Schwarz, P., Dong, H., Gong, Y., Yang, H., & Thomas, M. (2021). The effect of industrial relocations to central and Western China on urban construction land expansion. Journal of Land Use Science, 16(3), 339–357. https://doi.org/10.1080/1747423x.2021.1936670

The Challenges of Valuing Distributed Generation

2020 IEEE Power & Energy Society Innovative Smart Grid Technologies Conference (ISGT) / Feb 01, 2020

Dsouza, K., Halbe, S., Thomas, M., Baran, M., Chowdhury, B., Schwarz, P., & Proudlove, A. (2020, February). The Challenges of Valuing Distributed Generation. 2020 IEEE Power & Energy Society Innovative Smart Grid Technologies Conference (ISGT). https://doi.org/10.1109/isgt45199.2020.9087715

Using real-time electricity data to estimate response to time-of-use and flat rates: an application to emissions

Journal of Regulatory Economics / Mar 06, 2012

Cochell, J. E., Schwarz, P. M., & Taylor, T. N. (2012). Using real-time electricity data to estimate response to time-of-use and flat rates: an application to emissions. Journal of Regulatory Economics, 42(2), 135–158. https://doi.org/10.1007/s11149-012-9190-7

MULTIPOLLUTANT EFFICIENCY STANDARDS FOR ELECTRICITY PRODUCTION

Contemporary Economic Policy / Jul 01, 2005

SCHWARZ, P. M. (2005). MULTIPOLLUTANT EFFICIENCY STANDARDS FOR ELECTRICITY PRODUCTION. Contemporary Economic Policy, 23(3), 341–356. Portico. https://doi.org/10.1093/cep/byi026

Will peak talent arrive before peak oil or peak demand?: Exploring whether career choices of highly skilled workers will accelerate the transition to renewable energy

Energy Research & Social Science / Nov 01, 2022

Brannstrom, C., Ewers, M., & Schwarz, P. (2022). Will peak talent arrive before peak oil or peak demand?: Exploring whether career choices of highly skilled workers will accelerate the transition to renewable energy. Energy Research & Social Science, 93, 102834. https://doi.org/10.1016/j.erss.2022.102834

Towards the Interactive Effects of Demand Response Participation on Electricity Spot Market Price

International Journal of Emerging Electric Power Systems / Feb 01, 2017

Mohajeryami, S., Doostan, M., Moghadasi, S., & Schwarz, P. (2017). Towards the Interactive Effects of Demand Response Participation on Electricity Spot Market Price. International Journal of Emerging Electric Power Systems, 18(1). https://doi.org/10.1515/ijeeps-2016-0158

A comprehensive methodology for assessing the costs and benefits of renewable generation on utility operations

Renewable Energy / Nov 01, 2021

DSouza, K., Halbe, S., Thomas, M., Baran, M., Chowdhury, B., Schwarz, P., & Proudlove, A. (2021). A comprehensive methodology for assessing the costs and benefits of renewable generation on utility operations. Renewable Energy, 177, 723–731. https://doi.org/10.1016/j.renene.2021.05.110

How does the carbon market impact the economy-energy-environment system in resource-based regions of China? Empirical evidence from Shanxi Province

Journal of Cleaner Production / Nov 01, 2022

Cong, J., Pei, Y., Xu, T., Zhao, Y., Ren, L., Schwarz, P., Zhang, M., Song, J., Zhang, W., & Yang, J. (2022). How does the carbon market impact the economy-energy-environment system in resource-based regions of China? Empirical evidence from Shanxi Province. Journal of Cleaner Production, 376, 134218. https://doi.org/10.1016/j.jclepro.2022.134218

Compensating Solar Prosumers Using Buy-All, Sell-All as an Alternative to Net Metering and Net Purchasing: Total Use, Rebound, and Cross Subsidization

The Energy Journal / Jan 01, 2023

Schwarz, P. M., Duma, N., & Camadan, E. (2023). Compensating Solar Prosumers Using Buy-All, Sell-All as an Alternative to Net Metering and Net Purchasing: Total Use, Rebound, and Cross Subsidization. The Energy Journal, 44(1), 143–174. https://doi.org/10.5547/01956574.44.1.psch

ENERGY STAR Appliance Market Shares: Do They Respond to Electricity Prices, and Does It Matter?

The Energy Journal / Oct 01, 2021

Schwarz, P. M., Depken, II, C. A., Herron, M. W., & Correll, B. J. (2021). ENERGY STAR Appliance Market Shares: Do They Respond to Electricity Prices, and Does It Matter? The Energy Journal, 42(4). https://doi.org/10.5547/01956574.42.4.psch

How Would Carbon Pricing Affect Purchases of Energy-Efficient Appliances? The Case of Refrigerators

SSRN Electronic Journal / Jan 01, 2014

Schwarz, P. M., Herron, M., & Depken, C. A. (2014). How Would Carbon Pricing Affect Purchases of Energy-Efficient Appliances? The Case of Refrigerators. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2439392

Achieving Chinaʼs carbon neutrality goal by economic growth rate adjustment and low-carbon energy structure

Energy Policy / Dec 01, 2023

Xu, G., Zang, L., Schwarz, P., & Yang, H. (2023). Achieving Chinaʼs carbon neutrality goal by economic growth rate adjustment and low-carbon energy structure. Energy Policy, 183, 113817. https://doi.org/10.1016/j.enpol.2023.113817

Predicting China’s carbon intensity through 2050: an integrated analysis method

Climate and Development / Jun 23, 2022

Xu, G., Yang, H., & Schwarz, P. (2022). Predicting China’s carbon intensity through 2050: an integrated analysis method. Climate and Development, 15(4), 292–303. https://doi.org/10.1080/17565529.2022.2081117

On the Pricing of Public Goods: Comment

Southern Economic Journal / Oct 01, 1984

Schwarz, P. M. (1984). On the Pricing of Public Goods: Comment. Southern Economic Journal, 51(2), 598. https://doi.org/10.2307/1057837

Expected welfare gains from peak-load electricity charges

Energy Economics / Jan 01, 1980

Renshaw, E. F. (1980). Expected welfare gains from peak-load electricity charges. Energy Economics, 2(1), 37–45. https://doi.org/10.1016/0140-9883(80)90043-2

Determinants of Residential Solar Development in the United States

SSRN Electronic Journal / Jan 01, 2022

Depken, C. A., Schwarz, P., & Thomas, M. (2022). Determinants of Residential Solar Development in the United States. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4264164

Adjusting the Levelized Cost of Energy for Different Rates of Compensation for Solar Generation: A Case Study

ASME 2020 Power Conference / Aug 04, 2020

Schwarz, P., Goudarzi, N., & Camadan, E. (2020, August 4). Adjusting the Levelized Cost of Energy for Different Rates of Compensation for Solar Generation: A Case Study. ASME 2020 Power Conference. https://doi.org/10.1115/power2020-16938

Real-time Pricing (RTP)

Unlocking Energy Efficiency / Dec 21, 2023

Brown, R. (2023). Real-time Pricing (RTP). In Unlocking Energy Efficiency (pp. 81–85). River Publishers. https://doi.org/10.1201/9781032656182-8

You Don't Always Get What You Pay For: The Economics of Privatization (review)

Labor Studies Journal / Jan 01, 2003

Revitte, J. L. (2003). You Don’t Always Get What You Pay For: The Economics of Privatization (review). Labor Studies Journal, 28(2), 82–83. https://doi.org/10.1353/lab.2003.0045

A Shock to the System

Southern Economic Journal / Oct 01, 1997

Schwarz, P. M., Brennan, T., Palmer, K., Kopp, R., Krupnick, A., Stagliano, V., & Burtraw, D. (1997). A Shock to the System. Southern Economic Journal, 64(2), 592. https://doi.org/10.2307/1060872

Scenario Paths of Developing Forest Carbon Sinks for China to Achieve Carbon Neutrality

Land / Jun 30, 2023

Xu, G., Schwarz, P., Shi, X., & Duma, N. (2023). Scenario Paths of Developing Forest Carbon Sinks for China to Achieve Carbon Neutrality. Land, 12(7), 1325. https://doi.org/10.3390/land12071325

Education

The Ohio State University

Ph.D., Economics / August, 1980

Columbus, Ohio, United States of America

Experience

University of North Carolina at Charlotte

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