CLIMATE IMPACT ON ENERGY DEMAND FOR SPACE HEATING IN ICELAND

2016 ◽  
Vol 07 (02) ◽  
pp. 1650004 ◽  
Author(s):  
REZA FAZELI ◽  
BRYNHILDUR DAVIDSDOTTIR ◽  
JONAS HLYNUR HALLGRIMSSON
Keyword(s):  
Energy Demand ◽  
Climate Impact ◽  
Space Heating ◽  
Residential Energy ◽  
Geothermal Heat ◽  
Explanatory Variables ◽  
Heating And Cooling ◽  
Residential Energy Demand ◽  
Heating Degree Days ◽  
Residential Space

A major impact of climate change is expected to materialize on energy demand for space heating and cooling needs in the residential sector. To quantify this impact, a set of regression models were tested to study the relation between residential energy demand for space heating in Iceland and explanatory variables such as Heating Degree Days and GDP per capita. Considering the nonstationarity of the time-series, three methods were studied to cope with this condition: Cointegration, differencing and detrending. The evaluation statistics of the three models for the validation period showed that the modified detrending approach is the most reliable method. It became obvious that including the seasonal dummy variables and AR component significantly improve the power of the model to predict monthly energy demand for residential space heating in Iceland. The developed model can be used to project climate related changes in demand for low-geothermal heat.

scholarly journals Forecasting Energy Consumption in the EU Residential Sector

2020 ◽  
Vol 17 (7) ◽  
pp. 2259
Author(s):  
Vincenzo Bianco ◽  
Annalisa Marchitto ◽  
Federico Scarpa ◽  
Luca A. Tagliafico
Keyword(s):  
Gross Domestic Product ◽  
Energy Demand ◽  
Weather Conditions ◽  
Climatic Conditions ◽  
Domestic Product ◽  
Residential Energy ◽  
Residential Energy Demand ◽  
Per Capita ◽  
Heating Degree Days ◽  
Relationship Of

The present paper aims to introduce a top down methodology for the forecasting of residential energy demand in four European countries, namely Germany, Italy, Spain, and Lithuania. The methodology employed to develop the estimation is based on econometric techniques. In particular, a logarithmic dynamic linear constant relationship of the consumption is proposed. Demand is estimated as a function of a set of explaining variables, namely heating degree days and gross domestic product per capita. The results confirm that the methodology can be applied to the case of Germany, Italy, and Spain, whereas it is not suitable for Lithuania. The analysis of elasticities of the demand with respect to the gross domestic product per capita shows a negative value for Germany, −0.629, and positive values for Italy, 0.837, and Spain, 0.249. The forecasting of consumption shows that Germany and Italy are more sensitive to weather conditions with respect to Spain and an increase in the demand of 8% and 9% is expected in case of cold climatic conditions.

scholarly journals Saving energy in residential buildings: the role of energy pricing

2021 ◽  
Vol 167 (1-2) ◽  
Author(s):  
Jens Ewald ◽  
Thomas Sterner ◽  
Eoin Ó Broin ◽  
Érika Mata
Keyword(s):  
Energy Demand ◽  
Income Elasticity ◽  
Residential Buildings ◽  
Policy Framework ◽  
Energy Prices ◽  
Residential Energy ◽  
Residential Energy Demand ◽  
Long Run ◽  
Zero Carbon

AbstractA zero-carbon society requires dramatic change everywhere including in buildings, a large and politically sensitive sector. Technical possibilities exist but implementation is slow. Policies include many hard-to-evaluate regulations and may suffer from rebound mechanisms. We use dynamic econometric analysis of European macro data for the period 1990–2018 to systematically examine the importance of changes in energy prices and income on residential energy demand. We find a long-run price elasticity of −0.5. The total long-run income elasticity is around 0.9, but if we control for the increase in income that goes towards larger homes and other factors, the income elasticity is 0.2. These findings have practical implications for climate policy and the EU buildings and energy policy framework.

scholarly journals A Residential Energy Demand System for Spain

2005 ◽  
Author(s):  
Xavier Labandeira ◽  
J. Maria Labeaga Azcona ◽  
Miguel Rodr�guez M�ndez
Keyword(s):  
Energy Demand ◽  
Demand System ◽  
Residential Energy ◽  
Residential Energy Demand
Sign in / Sign up

Export Citation Format

Share Document