Showing 1 - 10 of 216
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity … consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment …. Increasing the grid transmission charge by 4,067% (corresponding to an increase in the electricity price by 1,242%) leads to a 12 …
Persistent link: https://www.econbiz.de/10013168030
This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …
Persistent link: https://www.econbiz.de/10012415417
In this paper, we study the predictive power of electricity consumption data for regional economic activity. Using … unique weekly and monthly electricity consumption data for the second-largest German state, the Free State of Bavaria, we … that electricity consumption is the best performing indicator in the nowcasting setup and has higher accuracy than other …
Persistent link: https://www.econbiz.de/10013362425
We analyze the effects of better algorithmic demand forecasting on collusive profits. We show that the comparative …
Persistent link: https://www.econbiz.de/10013093034
Chen and Zadrozny (1998) developed the linear extended Yule-Walker (XYW) method for determining the parameters of a vector autoregressive (VAR) model with available covariances of mixed-frequency observations on the variables of the model. If the parameters are determined uniquely for available...
Persistent link: https://www.econbiz.de/10011459174
time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate … volatility, with predicted markups that can be even negative in periods of low demand. I show how accounting for startup costs …
Persistent link: https://www.econbiz.de/10010356362
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …
Persistent link: https://www.econbiz.de/10009786078
of the electricity market in the US as our case study, we find support for our theoretical predictions. Furthermore, we …
Persistent link: https://www.econbiz.de/10010464693
Many policymakers view power outages as a major constraint on firm productivity in developing countries. Yet empirical studies find modest short-run effects of outages on firm performance. This paper builds a dynamic macroeconomic model to study the long-run general-equilibrium effects of power...
Persistent link: https://www.econbiz.de/10012745254
We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using … effects are key in retail electricity markets. Out-of-sample prediction errors using machine learning are (slightly) lower … green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices …
Persistent link: https://www.econbiz.de/10013262773