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Records with Subject: Energy Policy
743. LAPSE:2023.13245
Expectations for Coal Demand in Response to Evolving Carbon Policy and Climate Change Awareness
March 1, 2023 (v1)
Subject: Energy Policy
Keywords: carbon capture and storage, Coal, decarbonization, energy matrix, fossil fuels, greenhouse gas emissions
Increasing awareness of climate change has induced demand for action most notably. As public demand for action on climate change increases, conversion to energy sources with lower greenhouse gas (GHG) intensity will accelerate. Experience during the COVID-19 pandemic provided insight into how atmospheric conditions will respond to lower GHG emissions. A low-carbon future will require decarbonization of the energy supply mix for electrical production and industrial processes. Coal demand likely will decrease more rapidly than other fossil energy sources, replaced by natural gas and renewable energy sources that have lower GHG intensity and that will be available readily and economically. This decline will accelerate as China focuses on its carbon neutrality goals, the U.S. re-engages in the Paris Agreement, and India moves to a lower carbon future. However, perturbations in the decline will inevitably occur in response to global issues (e.g., pandemic, military conflict). Carbon capture... [more]
744. LAPSE:2023.13210
ADRC Control System of PMLSM Based on Novel Non-Singular Terminal Sliding Mode Observer
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: active disturbance rejection control policy, non-singular terminal sliding mode observer, permanent magnet synchronous linear motor, tracking differentiator
In an attempt to solve the problem of the many parameters of the traditional active disturbance rejection controller (ADRC) and to accurately estimate the mover position and speed required by a permanent magnet synchronous linear motor (PMLSM) system, an improved ADRC and a novel nonsingular fast terminal sliding mode observer (NFTSMO) are proposed. Firstly, the traditional first-order ADRC is simplified, the tracking differentiator (TD) module is removed, and the direct error is used to replace the nonlinear function in the extended state observer (ESO) and nonlinear state error feedback (NLSEF) module. Based on the traditional NFTSMO, the smooth back electromotive force (EMF) is obtained by adding the TD to reduce the phase delay caused by the low-pass filter in the traditional sliding mode observer (SMO), and the actuator position and speed information are modulated from the observed back EMF based on the principle of a phase-locked loop (PLL). Simulation and experiments show that t... [more]
745. LAPSE:2023.13202
Economic Policy Uncertainty and Energy Prices: Empirical Evidence from Multivariate DCC-GARCH Models
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: crude oil price, economic policy uncertainty, multivariate DCC-GARCH models, natural gas price
Crude oil and natural gas are crucial to the Russian economy. Therefore, this study examined the interconnections between crude oil price, natural gas price, and Russian economic policy uncertainty (EPU) over the period 1994−2019 using multivariate DCC-MGARCH models. The findings show that there are strong interconnections (co-movement) between the energy prices and EPU in Russia, and that it might be misleading to assume independence or neutrality between the variables. Although Russia is also a crucial player in both the natural gas and the crude oil markets, this study reveals that there is a stronger co-movement of the EPU with gas price than with the oil price. Russia is the largest exporter of natural gas and the second-largest producer; it is plausible that the natural gas price correlates with EPU more than the crude oil price. Further, the correlation between gas price and EPU and the correlation between crude oil price and EPU have similar patterns. Each declines almost in th... [more]
746. LAPSE:2023.13160
Triad Analysis of Global Energy Trade Networks and Implications for Energy Trade Stability
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: energy security, energy trade, energy transition, global trade, networks
An international push to decarbonize economies has initiated a major transition in the global energy system and has begun to disrupt the intricate network of energy trade. As trade patterns begin to reconfigure, it is important that policy makers understand how vulnerabilities of the existing network may present obstacles to a smooth energy transition. We analyze the topology of the global energy trade network in aggregate, for various energy commodities, and for individual countries. Using the network science technique of triad analysis, which examines the prevalence of 3-node subnetworks in a target network, we calculate triad significance profiles for each network. We then analyze whether various triads are under- or over-represented in our networks and find that triads associated with stability appear more frequently than expected, whereas triads associated with conflict appear less frequently than expected. We further find that the global energy trade network is quite robust again... [more]
747. LAPSE:2023.13159
Analysis of Technologies for Hydrogen Consumption, Transition and Storage at Operating Thermal Power Plants
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: boilers, decarbonization, energy policy, Fuel Cells, gas turbines, Hydrogen, hydrogen storage, hydrogen transportation, methane-hydrogen mixture, thermal power plant
The paper analyses operating and developing technologies for hydrogen implementation, transition, and storage at operating thermal power plants (TPPs) to make recommendations for realization of perspective projects for evaluation of the use of hydrogen as a fuel. Over the medium-term horizon of the next decade, it is suggested that using the technology of burning a mixture of hydrogen and natural gas in gas turbines and gas-and-oil-fired boilers in volume fractions of 20% and 80%, respectively, be implemented at operating gas fired TPPs. We consider the construction of the liquefied hydrogen and natural gas storage warehouses for the required calculated quantities of the gas mixture as a reserve energy fuel for operating the TPPs. We consider the possibility of the reserve liquid fuel system being replaced by the technology involving storage of liquefied hydrogen in combination with natural gas. An economic assessment of the storing cost of reserve fuel on the TPP site is given. The pa... [more]
748. LAPSE:2023.13139
Combating Energy Poverty in the Face of the COVID-19 Pandemic and the Global Economic Uncertainty
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: COVID-19, economic uncertainty, energy policy, energy poverty, policy measures
The effects of the global COVID-19 pandemic on the energy sector and the economy as a whole are being followed by the global energy crisis, which has been exacerbated by the war in Ukraine. The situation is particularly difficult for European countries, which are heavily dependent on imported energy from Russia. In the face of such economic uncertainty, it is necessary to analyze and assess the energy poverty situation in the region. The article overviews the extent of energy poverty among European Union (EU) countries and determines regional differences by comparing the situation, trends and policy measures applied, followed by the challenges and opportunities to combat energy poverty among households during the global COVID-19 crisis and economic uncertainty. A scientific literature review was performed and the effect of the COVID-19 pandemic on the energy poverty of households was identified. Moreover, a set of indicators reflecting the extent of energy poverty in different EU count... [more]
749. LAPSE:2023.13091
Inter-Provincial Electricity Trading and Its Effects on Carbon Emissions from the Power Industry
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: carbon emissions, electricity trading, inter-provincial, LMDI, random forest clustering
Electricity trading is an effective measure to minimize carbon emissions and alleviate the imbalance between reverse distribution of regional energy resources and power load. However, the effects of China’s electricity trading on carbon emissions have not been fully explored due to lack of complete and balanced inter-provincial power transmission data. Therefore, the electricity generation−consumption downscaling model, logarithmic mean Divisia index (LMDI) model, and random forest clustering algorithm within a general framework were used in the present study to explore the effect of electricity trading on level of carbon emissions. Comprehensive inter-provincial electricity transmission data were generated, driving factors including electricity imports and exports were decomposed at the national and provincial scales, and clustered provincial policy implications were evaluated. The results revealed that: (i) although economic activities were the main driving factor for increase in car... [more]
750. LAPSE:2023.13073
Evaluation of the Hydropower Potential of the Torysa River and Its Energy Use in the Process of Reducing Energy Poverty of Local Communities
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: energy poverty, hydropower potential, renewable energy sources, Slovak Republic, small hydroelectric power plant
The presented paper deals with the evaluation of hydropower potential in a selected section of the Torysa river in the eastern part of the Slovak Republic. This part of the country was chosen based on the existence of a significant risk of increasing energy poverty in local marginalized communities. Small hydropower plants in the form of mini and micro installations are an ecological and economical way to secure electricity and suppress indicators of energy poverty. The essential part of work focuses on the quantification of the gross (theoretical), technical, and economic hydropower potential of the Torysa river using elevation data obtained by GIS tools and hydrological data provided by The Slovak Hydrometeorological Institute. The next step identified concrete locations with a suitable head and volumetric flow rate. In the last part, the assessed section of the Torysa river was analyzed in terms of geographical collisions with NATURA 2000 areas, historical heritage elements in the c... [more]
751. LAPSE:2023.13051
Renewable and Non-Renewable Energy Consumption and Trade Policy: Do They Matter for Environmental Sustainability?
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: auto-regressive distributed lag model, bio-capacity, ecological footprint, economic growth, environmental sustainability, renewable and non-renewable energy consumption, Toda-Yamamoto causality test, trade policy
In the extant literature, there are numerous discussions on China’s environmental sustainability. However, few scholars have considered renewable energy consumption and trade policy simultaneously to debate environmental sustainability. Therefore, this paper attempts to examine how renewable and non-renewable energy consumption, bio-capacity, economic growth, and trade policy dynamically affect the ecological footprint (a proxy for environmental sustainability). Using the data from 1971 to 2017 and employing the auto-regressive distributed lag model to perform an empirical analysis, the results demonstrate that renewable energy consumption and trade policy are conducive to environmental sustainability because of their negative impacts on the ecological footprint. However, the results also indicate that bio-capacity, non-renewable energy consumption, and economic growth are putting increasing pressure on environmental sustainability due to their positive impacts on the ecological footpr... [more]
752. LAPSE:2023.13025
Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990−2020)
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: energy policy, energy transition, hard coal mining, restructuring
The European Union’s climate policy and the energy transition associated with it force individual countries, their economies and their industrial sectors to carry out thorough changes, often of a deep, high-cost and restructuring nature. The aim of the article is to provide a multidimensional assessment of the forms and effects of the restructuring of coal mining companies in Poland in light of the current energy transition process. The research problem is encapsulated within the following two interdependent questions: Has the restructuring process allowed the coal mining industry to achieve sufficient efficiency to sustainably compete in the open market, and to what extent, if at all, have the objectives of restructuring been achieved from the perspective of changes in the energy mix? The research covers all coal mining companies included in the official statistics. It adopts a long-term perspective (1990−2020), dating from the beginning of the systemic transformation in Poland. The r... [more]
753. LAPSE:2023.13023
The Impact of COVID-19 on Energy Start-Up Companies: The Use of Global Financial Crisis (GFC) as a Lesson for Future Recovery
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: cleantech, COVID-19, financial innovation, green recovery, policy, renewable energies (RE), start-up sector
The study discusses COVID-19’s short-term impact on Israel’s renewable energy start-up sector from March to July 2020. Results and contributions: The interviewed companies were experiencing supply chain disruption, logistical issues, and restrictions in work access, all of which negatively impacted business operations. Moreover, companies reported revenue losses and difficulty in securing funding, interpreted here as financial distress. In some cases, companies cut back on staff. Insights from the literature on the global financial crisis (GFC) were used here to discuss patterns discerned from the interviews. Policy recommendations are presented at the end based on both the interpretation of data and a literature review. Methodology: This paper combined the qualitative research analysis of COVID-19’s impacts on energy start-up companies assessed by a questionnaire during interviews with a literature analysis on the previous GFC. Gap: This study aimed to clarify the issues experienced b... [more]
754. LAPSE:2023.13007
The Impact of Uncertainties on Crude Oil Prices: Based on a Quantile-on-Quantile Method
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: climate policy uncertainty, crude oil price, economic policy uncertainty, geopolitical risk uncertainty, quantile-on-quantile regression, wavelet transform
There has always been a complex relationship between uncertainty and crude oil prices. Three types of uncertainty, i.e., economic policy uncertainty, geopolitical risk uncertainty, and climate policy uncertainty (EPU, GPR, and CPU for short), have exacerbated abnormal fluctuations in the energy market, making crude oil prices volatile more and more frequently, especially from the perspective of the financial attribute of crude oil. Based on the time-series data related to uncertainties and crude oil prices from December 2001 to March 2021, this paper uses the quantile-on-quantile regression (QQR) method to explore the overall impact of various uncertainties on crude oil prices. Moreover, this paper adopts the QQR method based on the wavelet transform to investigate the heterogeneous effects of various uncertainties on crude oil prices at different time scales. The following conclusions are obtained. First, there are significant differences in the overall impact of the three types of un... [more]
755. LAPSE:2023.12894
Cost-Risk Analysis Reconsidered—Value of Information on the Climate Sensitivity in the Integrated Assessment Model PRICE
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: climate economics, climate policy, climate target, cost-risk analysis, integrated assessment, optimal policy, uncertainty, value of information
Infeasible solutions or negative expected values of future climate information are undesired problems if climate policies are adopted under Cost-Effectiveness Analysis (CEA) to reach uncertain temperature targets. Cost-Risk Analysis (CRA) was developed to resolve these issues. It allows for a trade-off between expected welfare losses of mitigation and avoided risk of transgressing a climate target with a certain probability of compliance (Safety). Some of the significant contributions of this paper are: (i) It updates the Probabilistic Integrated model of Climate and the Economy (PRICE) as a probabilistic version of the latest version of the Dynamic Integrated Climate-Economy model (DICE) 2016, and it extends the model to run welfare-maximizing decision analytic frameworks readily. (ii) It highlights that the standard method of applying CRA (Old CRA) leads to an extra welfare cost. (iii) It proposes revised instruction on how to use CRA. (iv) It simulates and compares welfare-maximizin... [more]
756. LAPSE:2023.12833
Energy Storage Benefits Assessment Using Multiple-Choice Criteria: The Case of Drini River Cascade, Albania
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: energy plaining, energy policy, energy systems, hydropower, Renewable and Sustainable Energy
Albania’s electricity sector lacks energy storage systems (ESS); hence, large quantities of electricity generated during the off-peak time, and excess electricity cannot be stored. On the other hand, the transmission capacity upgrades do not keep pace with the growth in peak electric demand; thus, congestion-related issues occur. Congestion of transmission lines has led to considerable uncertainties. Drin River cascade is located north of Albania. It possesses enormous potential energy that is not used due to a lack of ESS. Security of supply, rational use of renewable energy sources (RES), diversification of the electricity sector, increased competitiveness, sheltering more future RES capacities that can benefit from deferring investment in the existing transmission system, and environmental protection are some of these the main benefits of integrating ESS. Regarding the energy transition, the Albanian government’s endeavor aims to maintain and further develop a flexible, sustainable,... [more]
757. LAPSE:2023.12832
An Agent-Based Model of Heterogeneous Driver Behaviour and Its Impact on Energy Consumption and Costs in Urban Space
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: agent-based model, electric vehicles, energy intake, fuel costs, public policy, traffic simulation, urban environment
By 2020, over 100 countries had expanded electric and plug-in hybrid electric vehicle (EV/PHEV) technologies, with global sales surpassing 7 million units. Governments are adopting cleaner vehicle technologies due to the proven environmental and health implications of internal combustion engine vehicles (ICEVs), as evidenced by the recent COP26 meeting. This article proposes an agent-based model of vehicle activity as a tool for quantifying energy consumption by simulating a fleet of EV/PHEVs within an urban street network at various spatio-temporal resolutions. Driver behaviour plays a significant role in energy consumption; thus, simulating various levels of individual behaviour and enhancing heterogeneity should provide more accurate results of potential energy demand in cities. The study found that (1) energy consumption is lowest when speed limit adherence increases (low variance in behaviour) and is highest when acceleration/deceleration patterns vary (high variance in behaviour)... [more]
758. LAPSE:2023.12767
Obstacle Identification and Analysis to the Commercialization of CCUS Technology in China under the Carbon Neutrality Target
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: CCUS technology commercialization, comprehensive obstacle system, policy implications, Vague-DANP method
As the largest emitter of carbon dioxide all over the world, China requires a rapid breakthrough and large-scale commercial application of carbon capture, utilization and sequestration (CCUS) technology to achieve the 2060 carbon neutrality target. However, the process of CCUS technology commercialization in China is quite slow. Firstly, an obstacle system with 15 factors is established based on a literature review and expert consultation, namely on economic, technical, political, market, and social obstacles. Secondly, taking into account the uncertainty and randomness inherent in subjective judgment, Vague set is introduced for the first time to improve the DEMATEL-ANP (DANP) method in order to analyze comprehensive importance and causal relationship of obstacles. According to the study, in advancing CCUS’s commercialization in China, economic obstacles are simply the tip of the iceberg, with the deeper reasons rooted in political obstacles. Specifically, seven critical obstacles are... [more]
759. LAPSE:2023.12705
Inequalities in Regional Level Domestic CO2 Emissions and Energy Use: A Case Study of Iran
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: Carbon Dioxide, Energy, household, inequality, Kaya, Theil
An increasing amount of CO2 emissions from the household sector of Iran led us to analyze the inequality and understand the possible driving force behind the CO2 emissions. The study of inequality provides information to policy-makers to point policies in the right direction. By considering the differences in the socio-economic factors of provinces, the study aims to analyze the inequality in CO2 emissions and different kinds of energy consumption, including oil, gas and electricity, for the household sector of Iran’s provinces between 2000 and 2017. For this aim, the Theil index and Kaya factor, as a simple and common method, were considered to evaluate the inequality in both CO2 emissions and energy consumption, and determine the driving factor behind CO2 emissions. According to the results, inequality in oil and natural gas consumption were increasing, electricity was almost constant; however, CO2 emissions experienced a decreasing trend for the study period. The Theil index changed... [more]
760. LAPSE:2023.12703
The Politics of Market Change towards Sustainability: Revisiting Germany’s Policy Support Framework for Renewables
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: actor diversity, energy transition, market politics, market-shaping, policy acceptance, Renewable and Sustainable Energy, selection environment
Legislative efforts for renewables-based energy decarbonisation hinge upon the support and commitment from different stakeholders holding often conflicting positions regarding disruptive processes of socio-technical transformation. However, the evolving acceptance of market actors on the policy-driven promotion of renewables over time remains under-scrutinised. Simultaneously, despite growing attention to power and politics in sustainability transitions, limited efforts remain invested for elucidating the political-economic nature of the market-based selection environments they are operationalised through, highlighting the need for a more systematic comprehension of the “politics of selection”. To address these shortcomings, this paper provides a more refined understanding of the role of policy-driven markets and its participating agents in facilitating/hindering innovation diffusion and broader (system-wide) sustainability transitions. To do so, it showcases a longitudinal case study... [more]
761. LAPSE:2023.12609
The Impact of Enterprise R&D Investment and Government Subsidies on Technological Progress: Evidence from China’s PV Industry
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: driving mechanism, government subsidies, PV industry, R&D investment, technological progress
China has become the major stakeholder in global photovoltaic (PV) technology. However, the existing mechanistic interpretation of “what promotes the technological progress of the Chinese PV industry” is controversial. This paper takes China’s A-share listed PV enterprises from 1999 to 2019 as the research sample and uses a panel fixed-effect regression model to empirically test the impact of research and development (R&D) investment and government subsidies on the technological progress of PV enterprises. The results show that there is an “N”-shaped nexus between R&D investment and technological progress, and most PV enterprises are in the climbing stage of the N-shaped curve. With the development of the PV industry, the nexus will undergo a transformation from inverted U-shaped to N-shaped, indicating that R&D investment is a key driver of PV technological progress. Yet, government subsidies are a “double-edged sword”. They have a significant positive direct effect on PV technologica... [more]
762. LAPSE:2023.12541
Institutional Logic of Carbon Neutrality Policies in China: What Can We Learn?
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: carbon neutrality, China, energy transition, institutional logic, public policy
Global warming is a critical crisis threatening human survival and development. International organizations and countries worldwide are introducing policies and practices to achieve carbon neutrality. In China, numerous carbon neutrality policies have been established; however, a systematic understanding of the underlying policy logic is lacking. Using the institutional analysis and development (IAD) framework, this paper analyzes selected carbon neutrality policies in China. We conducted a bibliometric visualization analysis of the texts of 20 policies and matched their logic to the elements of the IAD framework. We established 90 keywords with occurrences of no less than 10 times in China’s carbon neutrality policies. The network visualization analysis identified six clusters. We discuss implementation challenges of China’s carbon neutrality policies, address the policy implementation, and finally outline impacts on China’s carbon neutrality governance. This study responds to the glo... [more]
763. LAPSE:2023.12527
The Effects of De-Capacity Policy on Steel and Coal Firms’ Profitability: Evidence from China’s Listed Companies
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: coal companies, de-capacity policy, difference-in-difference, overcapacity industry, profitability, steel companies
Chinese overcapacity in the steel and coal industry has been on the rise since 2013, which leads to the misallocation of resources and decreases in production efficiency. In 2015, the Chinese central government adopted a series of de-capacity policies to resolve excess capacity and improve corporate profitability. However, there is scant evidence on the impacts of de-capacity policies on the firm profitability. Based on the data from Chinese listed companies in the steel and coal industry, this study constructs the difference-in-difference (DID) method to investigate the effects of the de-capacity policy on the profitability of listed companies in the steel and coal industry empirically. The results show that the de-capacity policy significantly increases the return on equity (ROE) of the experimental group, which is higher than that of the control group by 12.4%. That is partially because of the improvement in gross profit margin, management efficiency, and return on manpower due to t... [more]
764. LAPSE:2023.12468
Investigation of Oil and Facility Characteristics of Plastic Waste Pyrolysis for the Advanced Waste Recycling Policy
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: alternative fuel, chemical recycling, plastic waste, pyrolysis oil
Alternative chemical and fuel oil produced from plastic waste may play a key role in national sustainable development. The Korean government has promoted several waste recycling policies including waste to energy. Here, we focus on the investigation of the oil and facility characteristics of plastic waste pyrolysis. Four pyrolysis facilities, which had different pyrolysis processes and produced various oil properties, were chosen in order to develop an advanced waste recycling policy. Pyrolysis oil recovery efficiency and chemical characteristics were influenced by feedstock and pyrolysis conditions. In terms of pyrolysis gases, the gas quantity was different due to the pyrolyzer operation conditions, but the characteristics of gas composition were not especially distinguished. In addition, air pollutants, such as carbon monoxide (CO), nitrogen oxides (NOx), sulfur oxides (SOx), and hydrogen sulfide (H2S) from the pyrolysis process were analyzed to evaluate the environmental effects on... [more]
765. LAPSE:2023.12444
Sustainable Development According to Resource Productivity in the EU Environmental Policy Context
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: circular economy, data analysis, environmental policy, regression analysis, resource productivity, sustainable development
The constant rise in the consumption of resources puts the environment under pressure. Most resources are non-renewable in nature, which is why they must be utilized with great care. For this reason, the European Union devotes increasingly more attention to their efficient use. It deals with these aspects, making an effort to maintain the long-term competitiveness and to secure sustainable development in line with all of the related environmental impacts. In this context, several goals have been set out, to which the individual EU member states are bound. A method for monitoring resource efficiency was developed, consisting of indicators, the aim of which is to assess the efficiency of the use of soil, water, energy, with the most fundamental one being resource productivity. The results of the efficiency of use of the individual resources in the member states greatly differ, even without further investigating the links and correlations between the indicators. Research on the interrelat... [more]
766. LAPSE:2023.12421
Policy Instruments for the Improvement of Customers’ Willingness to Purchase Electric Vehicles: A Case Study in Iran
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: agent-based model, discrete choice model, electric vehicles, market research, transport policy, willingness to pay
Given the various advantages of electric vehicles compared to conventional gasoline vehicles in terms of energy efficiency and environmental pollution (among others), this paper studies the factors affecting customers’ willingness to purchase electric vehicles. An integrated discrete choice and agent-based approach is applied to model the customers’ choice for the valuation of electric vehicles based on the internal reference price. The agent-based model evaluates customers’ preferences for a number of personal and vehicle attributes, according to which vehicle they chose. Data from 376 respondents are collected to estimate a random-parameter logit model where customers are asked to reveal their preferences about five attributes of electric vehicles, including travel range, top speed, charge cost, government incentives, and price. The role of social networks of customers and their threshold purchase price is also examined in the agent-based model. The scenario simulation results indica... [more]
767. LAPSE:2023.12404
Exploring Increasing Urban Resident Electricity Consumption: The Spatial Spillover Effect of Resident Income
February 28, 2023 (v1)
Subject: Energy Policy
Keywords: average wage, China, residential electricity consumption, spatial Durbin model, spatial spillover effect
The impact of average wages on electricity consumption among urban residents in China has generated many fascinating debates for scholarly research, but only a few studies have considered the spatial spillover effect of average wages on residential electricity consumption. With the use of city-level panel data from 278 Chinese cities spanning 2005 to 2016, this preliminary study explores the impacts of the average wage on residential electricity consumption. Specifically, based on the spatial Durbin model with fixed effects, three different spatial weight matrices (the economic distance, the inverse distance, and the four nearest neighbours) are utilised to check the robustness of the results under different standards. The results show that the residential electricity consumption of each city increased during the observation period, presenting obvious spatial correlations. Secondly, the average wage of residents had a positive spatial spillover effect, which promoted the residential el... [more]
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