Empirical Analysis of the Impact of COVID-19 Social Distancing on Residential Electricity Consumption Based on Demographic Characteristics and Load Shape
Minseok Jang,
Hyun Cheol Jeong,
Taegon Kim,
Dong Hee Suh and
Sung-Kwan Joo
Additional contact information
Minseok Jang: The School of Electrical Engineering, Korea University, Seoul 02841, Korea
Hyun Cheol Jeong: The School of Electrical Engineering, Korea University, Seoul 02841, Korea
Taegon Kim: The School of Electrical Engineering, Korea University, Seoul 02841, Korea
Sung-Kwan Joo: The School of Electrical Engineering, Korea University, Seoul 02841, Korea
Energies, 2021, vol. 14, issue 22, 1-15
Abstract:
Since January 2020, the COVID-19 pandemic has been impacting various aspects of people’s daily lives and the economy. The first case of COVID-19 in South Korea was identified on 20 January 2020. The Korean government implemented the first social distancing measures in the first week of March 2020. As a result, energy consumption in the industrial, commercial and educational sectors decreased. On the other hand, residential energy consumption increased as telecommuting work and remote online classes were encouraged. However, the impact of social distancing on residential energy consumption in Korea has not been systematically analyzed. This study attempts to analyze the impact of social distancing implemented as a result of COVID-19 on residential energy consumption with time-varying reproduction numbers of COVID-19. A two-way fixed effect model and demographic characteristics are used to account for the heterogeneity. The changes in household energy consumption by load shape group are also analyzed with the household energy consumption model. There some are key results of COVID-19 impact on household energy consumption. Based on the hourly smart meter data, an average increase of 0.3% in the hourly average energy consumption is caused by a unit increase in the time-varying reproduction number of COVID-19. For each income, mid-income groups show less impact on energy consumption compared to both low-income and high-income groups. In each family member, as the number of family members increases, the change in electricity consumption affected by social distancing tends to decrease. For area groups, large area consumers increase household energy consumption more than other area groups. Lastly, The COVID-19 impact on each load shape is influenced by their energy consumption patterns.
Keywords: COVID-19; time-varying reproduction number; social distancing; load profile; demographic characteristic; household energy consumption; demand-side management; energy management (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://www.mdpi.com/1996-1073/14/22/7523/pdf (application/pdf)
https://www.mdpi.com/1996-1073/14/22/7523/ (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:22:p:7523-:d:676699
Access Statistics for this article
Energies is currently edited by Ms. Agatha Cao
More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().