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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 …
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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 …
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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 …
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summarizes and presents auto-regressive techniques/processes as a practical tool in forecasting electricity demand. This paper … attempts to model the long-term electricity demand for New Jersey using three different auto-regression models: ARMAX … of VAR/BVAR to electricity demand forecasting is relatively new and untested. The forecasting performance of each model …
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