Sectoral Electricity Demand and Direct Rebound Effects in New Zealand

Rabindra Nepal*, Muhammad Indra al Irsyad, Tooraj Jamasb

*Corresponding author af dette arbejde

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstrakt

This paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the specific case of New Zealand. New Zealand, like other OECD economies, has aimed for energy efficiency improvements and reduced electricity consumption from 9.2 MWh per capita in 2010 to 8.6 MWh per capita in 2015. However, following a significant decline since 2010, electricity consumption in the main New Zealand sectors is increasing. Energy conservation could play an important role in meeting the growing demand for electricity but rebound effects can affect the effectiveness of conservation policies. We decompose the sectoral electricity prices to capture the asymmetric demand response to electricity price changes and estimate electricity demand elasticity during 1980 and 2015 to estimate the sectoral rebound effects. We find partial rebound effects of 54% and 23% in the industrial and commercial sectors respectively while we find no rebound effect at the aggregate level. The rebound effect is insignificant in the residential sector. These findings lead to policy recommendations for sector specific energy conservation measures and policies.
OriginalsprogEngelsk
TidsskriftThe Energy Journal
Vol/bind42
Udgave nummer4
Sider (fra-til)153-173
Antal sider21
ISSN0195-6574
DOI
StatusUdgivet - jul. 2021

Bibliografisk note

Published online: 26 October 2020.

Emneord

  • Electricity
  • Demand
  • Rebound
  • Heating
  • Time series analysis

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