دانلود مقاله ISI انگلیسی شماره 100067
ترجمه فارسی عنوان مقاله

پویایی حساسیت قیمت درازمدت تقاضای برق صنعتی و مسکونی: تاثیر کاهش قیمت برق

عنوان انگلیسی
The long-run price sensitivity dynamics of industrial and residential electricity demand: The impact of deregulating electricity prices
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
100067 2017 42 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Energy Economics, Volume 62, February 2017, Pages 43-60

پیش نمایش مقاله
پیش نمایش مقاله  پویایی حساسیت قیمت درازمدت تقاضای برق صنعتی و مسکونی: تاثیر کاهش قیمت برق

چکیده انگلیسی

This study examines the demand-side of Ghana's electricity sector. We test two important related hypotheses: (1) deregulation of electricity price does not promote energy conservation, and (2) demand-price relationship is not an inverted U-shaped. The Stock and Watson dynamic OLS is used to address the so-called second-order bias. The result showed that, deregulation of electricity price in Ghana has induced behaviours that are more consistent with energy conservation improvements. The demand-price relationship is an inverted U, which suggests that there is a price range that end-users can tolerate further price rise and still increase their consumption of electricity. However, the degree of price tolerability is higher for residential consumers than industrial consumers. The simulation results showed that, further economic growth is likely to compromise energy conservation but more in the industrial sector than the residential sector. On the other hand, future crude oil price is likely to deteriorate energy conservation in the initial years after 2016, but this trend is likely to reverse after the year 2020. Pricing mechanisms are potent to induce energy conservation but inadequate. The results suggest that they should be complemented with other stringent policies such as a mandatory energy reduction policy, investment in renewables, and personalization of energy efficiency programs.