Natural disasters and electricity consumption behavior: a case study of the 2011 Great East Japan Earthquake
Akihiro Otsuka ()
Additional contact information
Akihiro Otsuka: Yokohama City University
Asia-Pacific Journal of Regional Science, 2019, vol. 3, issue 3, No 12, 887-910
Abstract A better understanding of the price mechanisms behind electricity demand fluctuations could help develop effective tools to forecast energy demand after natural disasters. To this end, this study empirically analyzed the price elasticity of residential electricity demand in Japan over the 1990–2015 period using regional data. In particular, it attempted to shed light on the price mechanisms behind demand fluctuations by analyzing the effects of both price increases and decreases on power demand. The results showed that households tend to consume electricity according to past patterns. Given this electricity consumption behavior, once the habit of saving electricity is established, it persists. The results also show that changes in the power supply configuration associated with natural disasters may alter people’s electricity consumption behaviors. Consumer responses seem to be more sensitive to price rises than to price falls. This suggests the possibility that residential electricity demand will further decrease if the trend of rising electricity rates continues in the future.
Keywords: Electricity demand; Price elasticity; Habit; Natural disasters; Regional data analysis (search for similar items in EconPapers)
JEL-codes: Q41 C01 R11 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s41685-019-00129-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:apjors:v:3:y:2019:i:3:d:10.1007_s41685-019-00129-4
Ordering information: This journal article can be ordered from
https://www.springer ... cience/journal/41685
Access Statistics for this article
Asia-Pacific Journal of Regional Science is currently edited by Yoshiro Higano
More articles in Asia-Pacific Journal of Regional Science from Springer
Bibliographic data for series maintained by Sonal Shukla ().