Electricity Demand and CO Emissions during the COVID-19 Pandemic: The Case of India

M. Tamilselvan, Srinivasan Palamalai, Magesh Kumar, Bipasha Maity and Nidhi Agrawal
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M. Tamilselvan: Faculty -Business Studies Department, University of Technology & Applied Sciences, Ibri, Sultanate of Oman
Srinivasan Palamalai: School of Management, Presidency University, Bengaluru 560064, Karnataka, India.
Magesh Kumar: School of Management, Presidency University, Bengaluru 560064, Karnataka, India.
Bipasha Maity: School of Management, Presidency University, Bengaluru 560064, Karnataka, India.
Nidhi Agrawal: Department of Management, New Horizon College of Engineering, Kaverappa Layout, Near Marathahalli, Bengaluru 560103, Karnataka, India.

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 3, 161-169

Abstract: The present study examines the impact of electricity demand on CO emissions in the Indian economy using daily real-time data during the Covid-19 period. The subject was hardly addressed explicitly and quantitatively in environmental studies. Our study applied recently developed non-linear (asymmetric) ARDL and the Quantile ARDL techniques for analysis. The empirical findings confirm the existence of an asymmetric long-run relationship between electricity demand and CO emissions during the Covid-19 pandemic. Furthermore, the results reveal that the decrease (increase) in electric demand leads to a reduction (increase) in CO emissions in the long run. Besides, the results show that the increase in electricity demand generates more CO emissions in the short run. Our study will be helpful for policy-makers and regulators associated with energy and climate change amid the ongoing pandemic crisis and provide directions to the expected waves of pandemic scenarios.

Keywords: Electricity Demand; CO Emissions; Covid-19; Non-Linear ARDL model; Quantile ARDL Model; India (search for similar items in EconPapers)
JEL-codes: C32 I15 Q41 Q58 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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