Empirical Estimation of Electricity Demand Elasticities for Different Customer Groups in Switzerland and Implications for Energy Policies
Empirical Estimation of Electricity Demand Elasticities for Different Customer Groups in Switzerland and Implications for Energy Policies
Period:
15.09.2017 – 30.04.2019
The research project investigates price elasticities of electricity demand in Switzerland. Hourly demand elasticities are derived for Switzerland using consumption data on canton level. Special focus is put on the elasticities of households, industry and services. These elasticities are used to simulate and evaluate (regionally distinguishable) demand reactions to energy policies that influence the price of electricity such as a new tax on electricity. In addition, the research project analyzes price elasticities of gas demand in Switzerland on a yearly basis.