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DOI | 10.1016/j.enpol.2020.111796 |
Regional heterogeneous drivers of electricity demand in Saudi Arabia: Modeling regional residential electricity demand | |
Mikayilov J.I.; Darandary A.; Alyamani R.; Hasanov F.J.; Alatawi H. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 146 |
英文摘要 | This study investigates the drivers of residential electricity demand in Saudi Arabia at a regional level for the period 1990–2018 using Structural Time Series Modeling. We find that Saudi Arabia's two waves of energy price reforms in 2016 and 2018 have had different impacts on residential electricity consumption across its regions. The empirical estimation results show that the long-run price responses of residential electricity demand vary across regions: from −0.20 in the Central region to −0.46 in the Eastern region. The short-run elasticities are −0.10 for the Central and Western regions, −0.15 in the Southern region, while the Eastern region's demand does not respond to price changes in the short run. The long run income elasticities of the regions' residential electricity demand also differ considerably: from 1.02 in the Western region to 0.27 in the Eastern region. The short-run income elasticities are 0.14 and 0.43 for the Eastern and Western regions, respectively while the residential electricity demand in the Central and Southern regions' does not react to income changes. We further estimate that hot weather conditions significantly impact all regions' residential electricity demand. Finally, we find that all regions saw some efficiency improvements in light of the energy price reforms, although there is a room for further improvements. The findings of the study can be useful for policymakers through the ways that we discussed in the paper. © 2020 The Author(s) |
关键词 | CointegrationEnergy price reformRegional differencesResidential electricity demandSaudi ArabiaSTSM |
英文关键词 | Elasticity; Electric power utilization; Housing; Efficiency improvement; Electricity demands; Empirical estimations; Heterogeneous drivers; Income elasticities; Residential electricity consumption; Residential Electricity demands; Structural time series models; Electric power system interconnection; cointegration analysis; demand-side management; electricity generation; energy market; energy policy; heterogeneity; regional development; residential energy; Saudi Arabia |
语种 | 英语 |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204777 |
作者单位 | King Abdullah Petroleum Studies and Research Center, PO Box 88550, Riyadh, 11672, Saudi Arabia |
推荐引用方式 GB/T 7714 | Mikayilov J.I.,Darandary A.,Alyamani R.,et al. Regional heterogeneous drivers of electricity demand in Saudi Arabia: Modeling regional residential electricity demand[J],2020,146. |
APA | Mikayilov J.I.,Darandary A.,Alyamani R.,Hasanov F.J.,&Alatawi H..(2020).Regional heterogeneous drivers of electricity demand in Saudi Arabia: Modeling regional residential electricity demand.Energy Policy,146. |
MLA | Mikayilov J.I.,et al."Regional heterogeneous drivers of electricity demand in Saudi Arabia: Modeling regional residential electricity demand".Energy Policy 146(2020). |
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