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DTSTART;TZID=Europe/Berlin:20240611T153000
DTEND;TZID=Europe/Berlin:20240611T170000
DTSTAMP:20240529T111920Z
CREATED:20240508T085327Z
LAST-MODIFIED:20240529T111920Z
UID:10000064-1718119800-1718125200@whatworksclimate.solutions
SUMMARY:The Price Elasticity of Heating and Cooling Energy Demand: A Meta-Analysis
DESCRIPTION:We follow a registered pre-analysis plan (\href{https://osf.io/zdche}{https://osf.io/zdche}) to create a large meta-dataset from the international literature on price elasticities of energy demand for heating and cooling of households and businesses. The dataset comprises 442 primary studies with more than 4971 price elasticity estimates\, their standard errors as well as relevant study and observation characteristics. We show that there is substantial publication bias with insignificant or positive elasticities being underreported. Thus\, the simple average of all estimates exaggerates the true short and long-run elasticities. Correcting for this bias\, the price elasticities are much closer to zero\, indicating a weaker effect of energy price rises on heating and cooling energy demand than previously expected.
URL:https://whatworksclimate.solutions/presentation/the-price-elasticity-of-heating-and-cooling-energy-demand-a-meta-analysis/
LOCATION:H 0104 (Elinor Ostrom Hall)
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DTSTART;TZID=Europe/Berlin:20240611T153000
DTEND;TZID=Europe/Berlin:20240611T170000
DTSTAMP:20240529T111830Z
CREATED:20240508T085201Z
LAST-MODIFIED:20240529T111830Z
UID:10000063-1718119800-1718125200@whatworksclimate.solutions
SUMMARY:State vs market: Do sources of energy price changes matter for demand elasticities?
DESCRIPTION:CO2 pricing via taxes or emission trading schemes (ETS) should create incentives for companies and individuals to reduce their carbon footprint. We exploit a large meta-dataset of price elasticities for heating and cooling energy sources. We compare elasticities from both state-led and market-led changes\, controlling for study-design characteristics. Our working hypothesis is that taxes and ETS have a stronger steering effect than energy price changes stemming from mere market price fluctuations\, in line with (Andersson 2019).
URL:https://whatworksclimate.solutions/presentation/state-vs-market-do-sources-of-energy-price-changes-matter-for-demand-elasticities/
LOCATION:H 0104 (Elinor Ostrom Hall)
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