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Determinants of Residential end-use electricity demand: Evidence from Sweden
Umeå universitet, Samhällsvetenskapliga fakulteten, Handelshögskolan vid Umeå universitet. Beijer Institute of Ecological Economics, The Royal Academy of Sciences, Stockholm. (Centre for Environmental and Resource Economics (CERE))
Umeå universitet, Samhällsvetenskapliga fakulteten, Handelshögskolan vid Umeå universitet, Nationalekonomi. (Centre for Environmental and Resource Economics (CERE); Undustrial Doctoral School, Umeå University)
Department of Forest Economics, SLU, Umeå. (Centre for Environmental and Resource Economics (CERE))
(engelsk)Manuskript (preprint) (Annet vitenskapelig)
Abstract [en]

Using a household appliance metering data set from the Swedish Energy Agency, this paper focuses on understanding the determinants of end-use electricity demand for Sweden. The focal point of the analysis is the estimation of end-use-specific income elasticity of electricity demand, for the first time for Sweden. A seemingly unrelated regression framework is used for understanding the determinants of end-use demand, with the end-uses being heating, kitchen, lighting, and residual. The main results of the analysis are: high aggregate elasticity (above 0.6), and very high income elasticity of electric heating (above 0.8). Other size-related variables (size of home, number of people) do not appear to have significant explanatory power. Overall, our analysis indicates that income is a key factor determining the demand for electricity, and to a much larger extent than usually considered

Emneord [en]
Direct Metering, Residential Electricity Demand, income elasticity
HSV kategori
Identifikatorer
URN: urn:nbn:se:umu:diva-104613OAI: oai:DiVA.org:umu-104613DiVA, id: diva2:820426
Tilgjengelig fra: 2015-06-12 Laget: 2015-06-12 Sist oppdatert: 2018-06-07bibliografisk kontrollert

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Vesterberg, Mattias

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