Estimation of residential electricity demand in Hong Kong under electricity charge subsidies

Durmaz, Tunç; Pommeret, Aude; Taştan, Hüseyin

doi:10.1016/j.eneco.2020.104742

Cited by 17 publications

(2 citation statements)

References 41 publications

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“…Amongst major consumption areas, residential sector is the major sector for energy consumption and is directly affects the financial decision making of individual household (Durmaz, Pommeret, & Tastan, 2020). One of major reasons for higher energy demand in energy sector is directed towards cooling and heating systems in residential buildings (Isaac & Van Vuuren, 2009) and in turn because of these residential buildings are also most significant contributors of carbon emissions (Bashir et al 2015;Javid, Nejat, & Hayhoe, 2014).…”

Section: Introductionmentioning

confidence: 99%

Does economic progress and electricity price induce electricity demand: A new appraisal in context of Tunisia

Talbi

Jebli

Bashir

et al. 2020

Journal of Public Affairs

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This article discusses the residential electricity (RE) demand in Tunisia as a function of household disposable real Gross Domestic Product (GDP), the price of electricity (PE) and the degree of urbanization (U) spanning the period 1980–2018. To do that, the Autoregressive Distributed Lag (ARDL) bound model and Granger causality test are employed to examine the influencing factors of the changes in RE demand, and to discuss the directions of short and long‐run causalities among the variables. The empirical result shows that all variables are integrated of order one, I (1). The Fisher statistics of the Wald test confirms that variables are cointegrated. Long‐run elasticities suggest that, in the long‐run, electricity price and urbanization have a significant and positive impact on RE demand, while real GDP contributes insignificantly to the decrease of RE demand in Tunisia. Granger causality empirics suggests that in short run, there is bidirectional causality between RE demand and electricity price, and between RE demand and urbanization, and a unidirectional causality from real GDP and urbanization to electricity price, and from real GDP to urbanization.

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Section: Introductionmentioning

confidence: 99%

Does economic progress and electricity price induce electricity demand: A new appraisal in context of Tunisia

Talbi

Jebli

Bashir

et al. 2020

Journal of Public Affairs

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“…T. Durmaz et al estimated monthly electricity consumption in Hong Kong. The authors cited ways to reduce power consumption by implementing new residential electricity charges based on climate impact [65].…”

Section: 73mentioning

confidence: 99%

A review on short‐term load forecasting models for micro‐grid application

Kondaiah

Saravanan

Sanjeevikumar

et al. 2022

The Journal of Engineering

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Load forecasting (LF), particularly short‐term load forecasting (STLF), plays a vital role throughout the operation of the conventional power system. The precise modelling and complex analyses of STLF have become more significant in advanced microgrid (MG) applications. Several models are proposed for STLF and tested successfully in the literature. The selection of a forecasting method is mostly based on data availability and its objectives. This article presents a survey of the latest analytical and approximation techniques reported in the literature to model STLF in an MG environment. This article mainly focusses on the review on important methods applied to forecast renewable energy availability, energy demand, and price and load demand. Different models, their main objectives, methodology, error percentage, and so forth, are critically reviewed and analysed. For quick reference, we have highlighted the important points in the form tables. The researchers can quickly identify and frame their research problem related to the LF area by reading this review paper.

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Fossil Fuel Subsidy Reform Policy

Liu

2022

The Handbook of Energy Policy

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Estimation of residential electricity demand in Hong Kong under electricity charge subsidies

Cited by 17 publications

References 41 publications

Does economic progress and electricity price induce electricity demand: A new appraisal in context of Tunisia

Does economic progress and electricity price induce electricity demand: A new appraisal in context of Tunisia

A review on short‐term load forecasting models for micro‐grid application

Fossil Fuel Subsidy Reform Policy

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