Bayesian Analysis of Demand Elasticity in the Italian Electricity Market

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Maria Chiara D'Errico; Carlo Andrea Bollino;
  • Publisher: Multidisciplinary Digital Publishing Institute
  • Journal: Sustainability (issn: 2071-1050)
  • Publisher copyright policies & self-archiving
  • Identifiers: doi: 10.3390/su70912127
  • Subject: TJ807-830 | electricity markets | TD194-195 | Renewable energy sources | Bayesian estimation | GE1-350 | demand elasticity | Environmental sciences | Environmental effects of industries and plants

The liberalization of the Italian electricity market is a decade old. Within these last ten years, the supply side has been extensively analyzed, but not the demand side. The aim of this paper is to provide a new method for estimation of the demand elasticity, based on ... View more
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