Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …

System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …

In this paper we use multivariate cointegration analysis to estimate electricity demand elasticities at the subsectoral … industry level. This enables us to reap the benefits of lower heterogeneity within the electricity-consuming sectors … between 0.70 and 1.90 for economic activity and between –0.52 and zero for the price of electricity. The short …

Decentralized systems seeking to balance electricity supply and demand regionally are increasingly being discussed … electricity demand and supply, (2) cluster regions with regard to the regional demand and supply fit and (3) evaluate demand … used very effectively to increase the regionally consumed share of electricity. …

Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation … linear and log-log. Using a two-stage least squares approach, the short-term own-price elasticity of electricity demand in …

(electricity and heating) in Germany. Using official expenditure data from 1993 to 2008, we estimate an expenditure elasticity for … electricity of 0.3988 and of 0.4055 for space heating. The own price elasticity for electricity is -0.4310 and -0.5008 in the case …