Download or read book Responsiveness of Residential Electricity Demand in OECD Countries written by Ronald Bernstein and published by . This book was released on 2014 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we estimate residential electricity demand elasticities and conduct an analysis of the causal relationship between electricity demand, disposable income and electricity price for a group of several OECD members. We apply panel cointegration and Granger causality testing to a data set consisting of eighteen countries in the cross-sectional dimension and the years 1981-2008 in the time domain. Our results for the whole panel indicate a near unity income elasticity and an inelastic price elasticity of approximately -0.4 in the long run. These results are robust with regard to the estimation methods employed (group-means panel FMOLS and DOLS). In the short run, our estimates from an ECM indicate an income elasticity of 0.2 and a price elasticity of approximately -0.1. Moreover, our tests on Granger causality provide an indication for a bidirectional causal relationship between electricity consumption and economic growth. Hence, our findings are in favor of the feedback hypothesis.

Download or read book A Cross Country Analysis of Residential Electricity Demand In 11 OECD Countries written by Kiran Chandra and published by . This book was released on 2015 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide consistent, cross-country estimates of price and income elasticity for the residential sector of 11 OECD countries. Using survey data from 2011 on annual consumption of electricity and sample-derived average electricity price, we provide country-specific price elasticity estimates and average income elasticity estimates. For most countries in our sample, we find strong price responsiveness, with elasticities varying between -0:27 for South Korea and -1:4 for Australia, with most countries elasticity being above (in absolute value) -0:5. Exploiting the presence of many attitudinal indicators, we find evidence for non-price related factors, in particular households' self-reported energy saving behavior, to reduce energy demand between 2 and 4%. In contrast, we find very weak income response, with income elasticities varying from 0:07 to 0:14 and no evidence for heterogeneity across the countries in our sample. Our results regarding price elasticity are in contrast with many existing studies which find low-to-moderate price responsiveness, and adds to a few recent studies indicating more policy space for demand reduction than previously thought.

Download or read book Towards Sustainable Household Consumption Trends and Policies in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2002-04-29 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of household consumption patterns in five key areas: food, tourism-related travel, energy, water and waste generation.

Download or read book The Power to Choose written by International Energy Agency and published by International Energy Agency. This book was released on 2003 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: On cover and title page: Energy market reform.

Download or read book Residential Energy Demand in Five OECD Countries written by Gue Dae Cho and published by . This book was released on 1993 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Comparison of Residential Sector End use Energy Demand in Major OECD Countries written by United States. Department of Energy and published by . This book was released on 1981 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Response of Residential Electricity Demand to Price written by Anna Alberini and published by . This book was released on 2010 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Supply in the OECD written by International Energy Agency and published by OCED-OECD ; [Washington, D.C. : OECD Publications and Information Centre. This book was released on 1992 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Energy and the Residential Sector written by United Nations. Economic and Social Council and published by . This book was released on 2000 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Comparison of Residential Sector End use Energy Demand in Major OECD Countries written by A. David Sandoval and published by . This book was released on 1981 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Comparison of Residential Sector End Use Energy Demand in Major OECD Countries written by U.S. Dept. of Energy. Energy Information Administration and published by . This book was released on 1981 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Supply Industry written by International Energy Agency. Office of Long-term Co-operation and Policy Analysis and published by International Energy Agency. This book was released on 1994 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Census from Heaven written by Nadejda Victor and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How much electricity does the world really need? Economic theory suggests that electricity demand depends on a number of factors such as per capita income, economic output, supply and cost of electricity. However, formal electricity demand models based on Gross Domestic Product (GDP), population growth and efficiency improvement assumptions may not capture the appropriate variables for responses at high geographical resolution level and, as a result, may be quite wrong about the prospective electricity need. This study proposed a method and then implemented it for the question of whether luminosity (measures of nighttime lights visible from space) could be used to improve estimates of electricity prospective demand in non-OECD countries at the high geographical resolution. Further, we investigated whether luminosity may serve as a proxy for electricity consumption. Luminosity data has an advantage over other proxies as night lights data are available over time and all space, but data on electricity consumption are unavailable for many lower income countries and generally are unavailable for most countries at sub-national levels. To the extent that luminosity is a good proxy for electricity consumption, we evaluated how much electricity the world would likely demand “if everyone lived like in OECD countries.”

Download or read book Residential Energy Demand in Six OECD Countries written by and published by . This book was released on 1987 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Residential Electricity Demand written by Jose Luis Ramirez-Mendiola and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity in IEA Countries written by International Energy Agency and published by Paris, France : OECD/IEA ; [Washington, D.C. : OECD Publications and Information Center. This book was released on 1985 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Information 2010 written by International Energy Agency and published by . This book was released on 2010 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Information provides a comprehensive review of historical and current market trends in the OECD electricity sector, including 2009 preliminary data. This reference document brings together essential statistics on electricity and heat. It therefore provides a strong foundation for policy and market analysis, which in turn can better inform the policy decision process toward selecting policy instruments best suited to meet domestic and international objectives. Part II of the publication provides an overview of the world electricity developments in 2008, covering world electricity and heat production, input fuel mix, supply and consumption, and electricity imports and exports. A greater focus is given to OECD countries with more detailed information covering production, installed capacity, input energy mix to electricity and heat production, consumption, electricity trades, input fuel prices and end-user electricity prices. Part III of the publication provides a corresponding statistical overview of developments in the world and OECD electricity and heat market, as well as monthly OECD production and trade electricity data for 2009. Part IV provides, in tabular form, detailed and comprehensive statistical coverage of the power and heat industry developments for each OECD member country and for OECD and IEA regional aggregates. It provides comprehensive statistical details on overall energy consumption, economic indicators, electricity and heat production by energy form and plant type, electricity imports and exports, sectoral energy and electricity consumption as well as prices for electricity and electricity input fuels for each country and regional aggregate. Electricity Information is one of a series of annual IEA statistical publications on major energy sources; other reports are Coal Information, Natural Gas Information, Oil Information and Renewables Information.