Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.09.052 |
Analysing households' responsiveness towards socio-economic determinants of residential electricity consumption in Singapore | |
Loi, Tian Sheng Allan; Jia Le Ng | |
2018 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 112页码:415-426 |
文章类型 | Article |
语种 | 英语 |
国家 | Singapore |
英文摘要 | The research of household electricity use is still relatively new for Singapore, where apart from some government surveys and sparingly available papers, not much has been done to understand the underlying socioeconomic determinants that affect residents' energy demand. Here, we seek to quantify price and income elasticities, as well as provide reasonable justification for price asymmetry in Singapore using a panel approach across dwelling types and geographical areas. We find that households do not react much to prices, and that price elasticities may decrease as income rises. There is also some evidence of price asymmetry, with surprising results putting responsiveness towards price decreases larger than price increases. This points towards similar behavioural patterns with the rebound effect for household energy efficiency, if found present in future studies. Our findings suggest that there will only be positive responses towards dynamic pricing and higher churn rates if more transparent information is provided on related cost savings, when households are exposed to retail choice in the electricity market after full retail competition is introduced in 2018. In addition, a large role will have to come from cultivating the young to engage in sustainable practices to achieve energy efficiency targets. |
英文关键词 | Residential electricity consumption Singapore Electricity Market liberalization Energy efficiency Panel Analysis Price Asymmetry |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000416615800041 |
WOS关键词 | AGGREGATE SUPPLY ELASTICITIES ; ASYMMETRIC PRICE RESPONSES ; INDUSTRIAL ENERGY DEMAND ; BOUNDS TESTING APPROACH ; SAVING TECHNICAL CHANGE ; PANEL-DATA ; POSITIVISTIC MEASURES ; EMPIRICAL-EVIDENCE ; OECD-COUNTRIES ; COINTEGRATION |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/19198 |
专题 | 气候变化 |
作者单位 | Natl Univ Singapore, Energy Studies Inst, 29 Heng Mui Keng Terrace,Block A 10-01, Singapore, Singapore |
推荐引用方式 GB/T 7714 | Loi, Tian Sheng Allan,Jia Le Ng. Analysing households' responsiveness towards socio-economic determinants of residential electricity consumption in Singapore[J]. ENERGY POLICY,2018,112:415-426. |
APA | Loi, Tian Sheng Allan,&Jia Le Ng.(2018).Analysing households' responsiveness towards socio-economic determinants of residential electricity consumption in Singapore.ENERGY POLICY,112,415-426. |
MLA | Loi, Tian Sheng Allan,et al."Analysing households' responsiveness towards socio-economic determinants of residential electricity consumption in Singapore".ENERGY POLICY 112(2018):415-426. |
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