The price elasticity of electricity demand in South Australia
By Shu Fan, Rob J Hyndman. 2011
232 citations recorded by the source corpus.
In this paper, the price elasticity of electricity demand, representing the sensitivity of customer demand to the price of electricity, has been estimated for South Australia. We first undertake a review of the scholarly literature regarding electricity price elasticity for different regions and systems. Then we perform an empirical evaluation of the historic South Australian price elasticity, focussing on the relationship between price and demand quantiles at each half-hour of the day. This work attempts to determine whether there is any variation in price sensitivity with the time of day or quantile, and to estimate the form of any relationships that might exist in South Australia.
Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/6512fd82316750aa57b611baf2bfff5cbd2dab88
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In Economics and Econometrics
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Why does emissions trading under the EU Emissions Trading System (ETS) not affect firms’ competitiveness? Empirical findings from the literature (2018, background): “Second, demand for electricity is highly price inelastic, with even lower price elasticity for households than for industry (Fan & Hyndman, 2011; Filippini, 1999; Filippini & Pachauri, 2004).”