349
Views
1
CrossRef citations to date
0
Altmetric
Research Article

The elasticity of residential electricity demand and the rebound effect in 18 European Union countries

&

References

  • Alberini, A., and M. Filippini. 2011. Response of residential electricity demand to price: The effect of measurement error. Energy Economics 33 (5):889–18. doi:10.1016/j.eneco.2011.03.009.
  • Alberini, A., W. Gans, and D. Velez-Lopez. 2011. Residential consumption of gas and electricity in the U.S.: The role of prices and income. Energy Economics 33 (5):870–81. doi:10.1016/j.eneco.2011.01.015.
  • Alberini, A., G. Prettico, C. Shen, and J. Torriti. 2019. Hot weather and residential hourly electricity demand in Italy. Energy 177:44–56. doi:10.1016/j.energy.2019.04.051.
  • Andruszkiewicz, J. L. J., J. Lorenc, and A. Weychan. 2019. Demand Price Elasticity of Residential Electricity Consumers with Zonal Tariff Settlement Based on Their Load Profiles. Energies 12 (22):4317. doi:10.3390/en12224317.
  • Andruszkiewicz, J. L. J., J. Lorenc, and A. Weychan. 2020. Seasonal variability of price elasticity of demand of households using zonal tariffs and its impact on hourly load of the power system. Energy 196:117175. doi:10.1016/j.energy.2020.117175.
  • Arisoy, I., and I. Ozturk. 2014. Estimating industrial and residential electricity demand in Turkey: A time varying parameter approach. Energy 66:959–64. doi:10.1016/j.energy.2014.01.016.
  • Atalla, T. N., and L. C. Hunt. 2016. Modelling residential electricity demand in the GCC countries. Energy Economics 59:149–58. doi:10.1016/j.eneco.2016.07.027.
  • Babalola, S. J., S. D. H. Dogon-Daji, and J. O. Saka. 2012. Exports, foreign direct investment and economic growth: An empirical application for Nigeria. International Journal of Economics and Finance 4 (4):95–105. doi:10.5539/ijef.v4n4p95.
  • Balke, N. S., S. P. A. Brown, and M. K. Yücel. 2002. Oil Price Shocks and the U.S. Economy: Where Does the Asymmetry Originate? Energy Journal 23:27–52. doi:10.2307/41322962.
  • Belke, A., F. Dobnik, and C. Dreger. 2011. Energy consumption and economic growth: New insights into the cointegration relationship. Energy Economics 33 (5):782–89. doi:10.1016/J.ENECO.2011.02.005.
  • Belke, A. H., A. Oeking, and R. Setzer. 2014. Exports and Capacity Constraints: A smooth transition regression model for six euro-area countries. CEPS Working Documents 395. Available at SSRN https://ssrn.com/abstract=2433926 Accessed 24 May 2021.
  • Blázquez, L., N. Boogen, and M. Filippini. 2013. Residential electricity demand in Spain: New empirical evidence using aggregate data. Energy Economics 36:648–57. doi:10.1016/j.eneco.2012.11.010.
  • Boogen, N., S. Datta, and M. Filippini. 2017. Dynamic models of residential electricity demand: Evidence from Switzerland. Energy Strategy Reviews 18:85–92. doi:10.1016/j.esr.2017.09.010.
  • Cahyani, A. D., N. D. Nachrowi, D. Hartono, and D. Widyawati. 2020. Modern residential energy inequalities in Indonesia: Spatial and income analyses. Energy Sources, Part B: Economics, Planning, and Policy 15 (6):329–50. doi:10.1080/15567249.2020.1803450.
  • Cialani, C., and R. Mortazavi. 2018. Household and industrial electricity demand in Europe. Energy Policy 122:592–600. doi:10.1016/j.enpol.2018.07.060.
  • Daneshvar, M., M. Pesaran, and B. Mohammadi-ivatloo. 2018. Transactive energy integration in future smart rural network electrification. Journal of Cleaner Production 190:645–54. doi:10.1016/j.jclepro.2018.04.043.
  • Dargay, J., and D. Gately. 1995. The imperfect price reversibility of non-transport oil demand in the OECD. Energy Economics 17 (1):59–71. doi:10.1016/0140-9883(95)98907-L.
  • Dilaver, Z., and L. C. Hunt. 2011. Modelling and forecasting Turkish residential electricity demand. Energy Policy 39 (6):3117–27. doi:10.1016/j.enpol.2011.02.059.
  • Durmaz, T., A. Pommeret, and H. Tastan. 2020. Estimation of residential electricity demand in Hongkong under electricity charge subsidies. Energy Economics 88:104742. doi:10.1016/j.eneco.2020.104742.
  • Ebrahimi, S., M. Mac Kinnon, and J. Brouwer. 2018. California end-use electrification impacts on carbon neutrality and clean air. Applied Energy 213:435–49. doi:10.1016/j.apenergy.2018.01.050.
  • European Commission. 2018. A Clean Planet for all A European long-term strategic vision for a prosperous, modern, competitive and climate neutral economy. Brussels: European Commission.
  • European Commission. 2019. Eurostat 2019. https://ec.europa.eu/eurostat/web/products-datasets/product?code=nrg_chdd_a (accessed October 24, 2019).
  • Fan, J. L., J. W. Hu, and X. Zhang. 2019. Impacts of climate change on electricity demand in China: An empirical estimation based on panel data. Energy 170:880–88. doi:10.1016/J.ENERGY.2018.12.044.
  • Fell, H., S. Li, and A. Paul. 2014. A new look at residential electricity demand using household expenditure data. International Journal of Industrial Organization 33:37–47. doi:10.1016/j.ijindorg.2014.02.001.
  • Figge, F., W. Young, and R. Barkemeyer. 2014. Sufficiency or efficiency to achieve lower resource consumption and emissions? The role of the rebound effect. Journal of Cleaner Production 69:216–24. doi:10.1016/j.jclepro.2014.01.031.
  • Filippini, M., B. Hirl, and G. Masiero. 2018. Habits and rational behaviour in residential electricity demand. Resour. Resource and Energy Economics 52:137–52. doi:10.1016/j.reseneeco.2018.01.002.
  • Frondel, M., S. Sommer, and C. Vance. 2019a. Heterogeneity in German Residential Electricity Consumption: A quantile regression approach. Energy Policy 131:370–79. doi:10.1016/j.enpol.2019.03.045.
  • Frondel, M., G. Kussel, and S. Sommer. 2019b. Heterogeneity in the price response of residential electricity demand: A dynamic approach for Germany. Resource and Energy Economics 57 (57):119–34. doi:10.1016/j.reseneeco.2019.03.001.
  • Frondel, M., and C. Vance. 2013. Re-identifying the rebound: What about asymmetry? The Energy Journal 34 (4):43–54. doi:10.5547/01956574.34.4.3.
  • Guven, D., M. O. Kayalica, G. Kayakutlu, and E. Isikli. 2021. Impact of climate change on sectoral electricity demand in Turkey. Energy Sources, Part B: Economics, Planning, and Policy 16(3):235–57. Forthcoming. doi:10.1080/15567249.2021.1883772.
  • Henderson, G. 2005. Home air conditioning in Europe-how much energy would we use if we became more like American households? ECEEE Summer study, Mandelieu, France.
  • IEA. 2018a. World Energy Outlook 2018. Paris, France: International Energy Agency.
  • IEA, 2018b. World Energy Balance 2018. http://www.iea.org/ (accessed January 31, 2019).
  • IEA. 2019a. Perspectives for the Clean Energy Transition. Paris, France: International Energy Agency.
  • IEA, 2019b. Energy Prices and Taxes 2019. http://www.iea.org (accessed January 6, 2020).
  • Im, K. S., M. H. Pesaran, and Y. Shin. 2003. Testing for unit roots in heterogeneous panels. Journal of Econometrics 115 (1):53–74. doi:10.1016/S0304-4076(03)00092-7.
  • Inglesi-Lotz, R. 2011. The evolution of price elasticity of electricity demand in South Africa: A Kalman filter application. Energy Policy 39 (6):3690–96. doi:10.1016/j.enpol.2011.03.078.
  • Irsyad, M. A., R. Nepal, and A. Halog. 2018. Exploring drivers of sectoral electricity demand in Indonesia. Energy Sources, Part B: Economics, Planning, and Policy 13 (9–10):383–91. doi:10.1080/15567249.2018.1538271.
  • Jamil, F., and E. Ahmad. 2011. Income and price elasticities of electricity demand: Aggregate and sector-wise analyses. Energy Policy 39 (9):5519–27. doi:10.1016/j.enpol.2011.05.010.
  • Jin, T., and J. Kim. 2019. A new approach for assessing the macroeconomic growth energy rebound effect. Applied Energy 239:192–200. doi:10.1016/j.apenergy.2019.01.220.
  • Jones, R. V., and K. J. Lomas. 2015. Determinants of high electrical energy demand in UK homes: Socio-economic and dwelling characteristics. Energy and Buildings 101:24–34. doi:10.1016/j.enbuild.2015.04.052.
  • Joyce, P. J., G. Finnveden, C. Håkansson, and R. Wood. 2019. A multi-impact analysis of changing ICT consumption patterns for Sweden and the EU: Indirect rebound effects and evidence of decoupling. Journal of Cleaner Production 211:1154–61. doi:10.1016/j.jclepro.2018.11.207.
  • Khan, M. A., and F. Abbas. 2016. The dynamics of electricity demand in Pakistan: A panel cointegration analysis. Renewable and Sustainable Energy Reviews 65:1159–78. doi:10.1016/j.rser.2016.06.054.
  • Koenker, R. 2004. Quantile regression for longitudinal data. Journal of Multivariate Analysis 91 (91):74–89. doi:10.1016/j.jmva.2004.05.006.
  • Koenker, R., and G. Bassett. 1978. Regression Quantiles. Econometrica 46 (1):33–50. doi:10.2307/1913643.
  • Krishnamurthy, C. K. B., and B. Kriström. 2015. A cross-country analysis of residential electricity demand in 11 OECD-countries. Resource and Energy Economics 39:68–88. doi:10.1016/j.reseneeco.2014.12.002.
  • Levin, A., C.-F. Lin, and C.-S. Chu. 2002. Unit root tests in panel data: Asymptotic and finite-sample properties. Journal of Econometrics 108 (1):1–24. doi:10.1016/S0304-4076(01)00098-7.
  • Loi, T. S. A., and J. L. Ng. 2018. Analysing households’ responsiveness towards socio-economic determinants of residential electricity consumption in Singapore. Energy Policy 112:415–26. doi:10.1016/j.enpol.2017.09.052.
  • Mark, N., and D. Sul. 2003. Cointegration Vector Estimation by Panel DOLS and Long-run Money Demand. Oxford Bulletin of Economics and Statistics 65:655–80. doi:10.1196/annals.1340.018.
  • Miller, M., and A. Alberini. 2016. Sensitivity of price elasticity of demand to aggregation, unobserved heterogeneity, price trends, and price endogeneity: Evidence from U.S. Data. Energy Policy 97:235–49. doi:10.1016/j.enpol.2016.07.031.
  • Nawaz, S., N. Iqbal, and S. Anwar. 2014. Modelling electricity demand using the STAR (Smooth Transition Auto-Regressive) model in Pakistan. Energy 78:535–42. doi:10.1016/j.energy.2014.10.040.
  • Pedroni, P. 2000. Fully modified OLS for heterogenous cointegrated panels. Review of Economics and Statistics (15):93–130. doi:10.1016/S0731-9053(00)15004-2.
  • Romero-Jordán, D., C. Peñasco, and P. Del Río. 2014. Analysing the determinants of household electricity demand in Spain. An econometric study. International Journal of Electrical Power and Energy Systems 63:950–61. doi:10.1016/j.ijepes.2014.06.005.
  • Sakah, M., S. R. du Can, F. A. Diawuo, M. D. Sedzro, and C. Kuhn. 2019. A study of appliance ownership and electricity consumption determinants in urban Ghanaian households. Sustainable Cities and Society 44:559–81. doi:10.1016/j.scs.2018.10.019.
  • Salari, M., and R. J. Javid. 2016. Residential energy demand in the United States: Analysis using static and dynamic approaches. Energy Policy 98:637–49. doi:10.1016/j.enpol.2016.09.041.
  • Schulte, I., and P. Heindl. 2017. Price and income elasticities of residential energy demand in Germany. Energy Policy 102:512–28. doi:10.1016/j.enpol.2016.12.055.
  • Sharma, S. V., P. Han, and V. K. Sharma. 2019. Socio-economic determinants of energy poverty amongst Indian households: A case study of Mumbai. Energy Policy 132:1184–90. doi:10.1016/j.enpol.2019.06.068.
  • Silva, S., I. Soares, and C. Pinho. 2017. Electricity demand response to price changes: The Portuguese case taking into account income differences. Energy Economics 65:335–42. doi:10.1016/j.eneco.2017.05.018.
  • Silva, S., I. Soares, and C. Pinho. 2018. Electricity residential demand elasticities: Urban versus rural areas in Portugal. Energy 144:627–32. doi:10.1016/j.energy.2017.12.070.
  • Sorrell, S., and J. Dimitropoulos. 2008. The rebound effect: Microeconomic definitions, limitations and extensions. Ecological Economics 65 (3):636–49. doi:10.1016/j.ecolecon.2007.08.013.
  • Spyridaki, N., S. Banaka, and A. Flamos. 2016. Evaluating public policy instruments in the Greek building sector. Energy Policy 88:528–43. doi:10.1016/j.enpol.2015.11.005.
  • Spyridaki, N., V. Stavrakas, Y. Dendramis, and A. Flamos. 2020. Understanding technology ownership to reveal adoption trends for energy efficiency measures in the Greek residential sector. Energy Policy 140:111413. doi:10.1016/j.enpol.2020.111413.
  • Sun, Y., and Y. Yu. 2017. Revisiting the residential electricity demand in the United States: A dynamic partial adjustment modelling approach. The Social Science Journal 54 (3):295–304. doi:10.1016/j.soscij.2017.02.004.
  • Uhr, D. D. A., A. L. S. Chagas, and J. G. Z. Uhr. 2019. Estimation of elasticities for electricity demand in Brazilian households and policy implications. Energy Policy 129:69–79. doi:10.1016/j.enpol.2019.01.061.
  • Wang, Z., M. Lu, and J.-C. Wang. 2014. Direct rebound effect on urban residential electricity use: An empirical study in China. Renewable and Sustainable Energy Reviews 30:124–32. doi:10.1016/j.rser.2013.09.002.
  • Wilkins, N., A. Yurekli, and T. W. Hu. 2004. Economic Analysis of Tobacco Demand. Econ Tob Toolkit 80576. (Washington DC: World Bank). Accessed 16 May 2021.
  • Xylia, M., S. Leduc, A.-B. Laurent, P. Patrizio, Y. Van der Meer, F. Kraxner, and S. Silveira. 2019. Impact of bus electrification on carbon emissions: The case of Stockholm. Journal of Cleaner Production 209:74–87. doi:10.1016/j.jclepro.2018.10.085.
  • Zhou, S., and F. Teng. 2013. Estimation of urban residential electricity demand in China using household survey data. Energy Policy 61:394–402. doi:10.1016/j.enpol.2013.06.092.
  • Zhu, X., L. Li, K. Zhou, X. Zhang, and S. Yang. 2018. A meta-analysis on the price elasticity and income elasticity of residential electricity demand. Journal of Cleaner Production 201:169–77. doi:10.1016/j.jclepro.2018.08.027.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.