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This study investigated how the changes in the number of people's visits to various locations during the COVID-19 pandemic influenced electricity demand. Using the autoregressive distributed lag (ARDL) model, the study reveals that while an increase in visits to groceries, pharmacies stores, and...
Persistent link: https://www.econbiz.de/10014332621
Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation, particularly during scarcity situations with high prices. In 2021/2022, wholesale power prices in Germany have been dramatically higher than ever before, which offers the...
Persistent link: https://www.econbiz.de/10014494975
This paper aims to estimate the optimal environmental policy in the elektricity generation sector for each of the EU countries maximizing total welfare. The study uses a recently proposed theoretical corporate finance model and empirically estimate each of its components using the current state...
Persistent link: https://www.econbiz.de/10015045964
In this paper, we test for asymmetric behaviour of industrial and residential electricity demand for the G7 countries, using the entropy-based test for symmetry suggested by [Racine, J., and Maasoumi, E., 2007. A versatile and robust metric entropy test of time-reversibility, and other...
Persistent link: https://www.econbiz.de/10009484134
We estimate the gross margin that is earned from the supply of electricity to households in Ireland. Using half hourly electricity demand data, the system marginal price (also called the wholesale price) and the retail price of electricity, we analyse how the gross margin varies across customers...
Persistent link: https://www.econbiz.de/10010392468
This work aims to quantify the relations between the electricity demand and its main determinants in the Industrial sector of Brazil, inthe period between 1974 and 2002. After identifying that the studied series were nonstationary, the use of the Cointegration Approachand an Error-Correction...
Persistent link: https://www.econbiz.de/10009445689
The paper derives a general equilibrium demand function for electricity by imposing a specific closure rule on a large CGE-model of the Norwegian economy. By a decomposition technique it quantifies the contribution from various mechanisms to the price sensitivity of aggregate electricity demand....
Persistent link: https://www.econbiz.de/10011968196