Latitudinal Effect on Energy Savings from Daylight Savings Time

Olvar Bergland and Faisal Mirza

No 08-2017, Working Paper Series from Norwegian University of Life Sciences, School of Economics and Business

Abstract: This paper looks at the potential systematic variation in energy savings resulting from daylight saving time(DST)in a number of geographic areas varying in latitude ranging from Northern to Southern Europe. We are using the same econometric specification and estimation method for a consistent dataset of electricity load covering 35 countries in Europe. Thus our results provide a comprehensive set of consistent and comparable estimates of the DST effect. The average treatment effect results obtained from difference-in-difference regression for 46 electricity load zones ranges from zero in northern most parts of Norway and Sweden to more than 2.5 % in a number of locations. We find some evidence that energy savings from DST decreases with latitude, and especially for homogeneous groups of countries. The diversity in estimated effects cuts across geographical, cultural and economic factors.

Keywords: daylight savingstime; electricityconsumption; di erence-in-di erence (search for similar items in EconPapers)
JEL-codes: C21 C24 Q40 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2017-12-07
New Economics Papers: this item is included in nep-ene, nep-eur and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:nlsseb:2017_008

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