Showing 1 - 10 of 3,746
This study aims to estimate electricity demand functions in Japan's industrial and commercial sectors. We adopt data … elasticity is not a key determinant in electricity demand fluctuations. Furthermore, an analysis of the factors influencing … changes in electricity demand in the industrial sector suggests that the declining demand growth in large metropolitan areas …
Persistent link: https://www.econbiz.de/10011386767
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 … higher than ever before, which offers the opportunity to investigate the demand response in high-price situations. This paper …
Persistent link: https://www.econbiz.de/10014327648
Persistent link: https://www.econbiz.de/10012125207
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 …
Persistent link: https://www.econbiz.de/10011517142
We document substantial rigidity in household electricity demand in response to large price shocks. We partnered with … an electricity retailer to run a field experiment in which randomly-selected households received discounts of up to 50 …% on their total electricity bill or up to 95% off their per unit cost of electricity for a full month. We show that the …
Persistent link: https://www.econbiz.de/10012899537
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
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity …
Persistent link: https://www.econbiz.de/10011897241
This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … 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/10012390802
during different hours of a day to affect utility differently, and account for the derived nature of electricity demand by … explicitly considering the services (end-use demands) that drive hourly electricity demand. We use the flexible EASI demand … tariffs, we investigate the welfare and emission implications of moving to a mandatory dynamic pricing scheme. We treat demand …
Persistent link: https://www.econbiz.de/10012289041
of residential electricity demand in Switzerland. We exploit Switzerland's unique local variation in topography …-related grid maintenance costs and electricity taxation, to address endogeneity of average prices in our models. Using first … unity. Results thus suggest that a tax on electricity, as initially foreseen as a part of Switzerland's Energy Strategy 2050 …
Persistent link: https://www.econbiz.de/10011916588