Chen Yueyan, Shen Baohua, Ali Aitizaz, Reyes Simson
School of Management, HangZhou DianZi University Information Engineering College, Hangzhou, 311305, PR China.
School of technology Asia Pacific university Malaysia, Malaysia.
Heliyon. 2024 Aug 13;10(17):e36217. doi: 10.1016/j.heliyon.2024.e36217. eCollection 2024 Sep 15.
This study employs a comprehensive database of Spanish homes and econometric modeling to assess the factors influencing electricity consumption in Spain. Using panel data covering the period from 1998 to 2023, we analyzed the average yearly electricity usage across the 18 Spanish regions. Our findings reveal that fluctuations in electricity prices have remained the primary driver of consumption over this period. The price elasticity of demand has been exceptionally high, exceeding levels observed in earlier research and periods. Additionally, factors such as income, hours of sunlight, and temperature fluctuations positively influence electricity usage, albeit to a lesser extent than household and family characteristics (e.g., whether a single parent heads the household or if it includes foreign residents). There is no significant correlation between demand and factors such as the age or employment status of family members. Based on these findings, policy actions that target power pricing (e.g., price-based instruments) are likely to be the most effective in reducing electricity consumption.
本研究采用西班牙家庭综合数据库和计量经济学模型，以评估影响西班牙电力消费的因素。利用涵盖1998年至2023年期间的面板数据，我们分析了西班牙18个地区的年平均用电量。我们的研究结果表明，在此期间，电价波动一直是消费的主要驱动因素。需求的价格弹性一直异常高，超过了早期研究和时期所观察到的水平。此外，收入、日照时长和温度波动等因素对用电量有正向影响，尽管其影响程度小于家庭和住户特征（例如，家庭是否由单亲家长领导或是否包括外国居民）。需求与家庭成员的年龄或就业状况等因素之间没有显著相关性。基于这些发现，针对电价制定的政策行动（例如基于价格的工具）可能在减少电力消费方面最为有效。
