Climate change impacts on electricity demand: The case of a Southern European country

• Type: Article in International Scientific Journal
• Date: 2020

Authors

S. Silva (Author) FEP; Soares, I (Author) FEP; Pinho, C (Author) Other

Journal

Title: Utilities Policy

Serial No. artigo: 101115 Vol. 67

ISSN: 0957-1787

Publisher: Elsevier

Indexing

ISI Web of Knowledge - 17 Citations

Scopus - 20 Citations

Other information

Authenticus ID: P-00S-RQW

DOI: 10.1016/j.jup.2020.101115

Abstract (EN): We study the relationship between average temperatures and electricity consumption in Portugal. Control variables include electricity prices and the economic activity. Our results indicate that there is U-shaped relationship between temperature and electricity consumption. While changes in average temperature do not affect electricity consumption by a large extent, extreme temperatures have stronger impacts. Given the mild weather in Portugal, electricity demand has not changed significantly over the last decades. Larger impacts can only be expected if extreme weather events become more frequent. Our results show the importance of considering country specificities in the analysis and of comparing several model specifications.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 6