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 …

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 …

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 …

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 …

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 …

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 …

demand in wholesale electricity markets. The resulting values facilitate the first empirical validation of regression …

In this paper, we explore subsistence levels and price elasticities for residential electricity demand in Sweden. Using … a Stone-Geary functional form and unique Swedish data on residential electricity usage, we estimate demand Equations for … peak and off-peak demand. We find that the subsistence levels are larger during peak than off-peak, and that there is a …