Determinants of household electricity consumption in Greece: a statistical analysis

Abstract Over the last decades, the contemporary way of living, as well as the technology development, has increased the household electricity consumption. The excessive use of electricity has a negative impact on the environment, increasing the carbon footprint and contributing to the climate chang...

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Main Authors: Dimitra Kotsila, Persefoni Polychronidou
Format: Article
Language:English
Published: SpringerOpen 2021-07-01
Series:Journal of Innovation and Entrepreneurship
Subjects:
Online Access:https://doi.org/10.1186/s13731-021-00161-9
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spelling doaj-7a7161628d0c457c863afcfff23d29282021-07-11T11:17:54ZengSpringerOpenJournal of Innovation and Entrepreneurship2192-53722021-07-0110112010.1186/s13731-021-00161-9Determinants of household electricity consumption in Greece: a statistical analysisDimitra Kotsila0Persefoni Polychronidou1Master in Business Administration (MBA), Hellenic Open UniversityDepartment of Economics, International Hellenic UniversityAbstract Over the last decades, the contemporary way of living, as well as the technology development, has increased the household electricity consumption. The excessive use of electricity has a negative impact on the environment, increasing the carbon footprint and contributing to the climate change. Governments are more and more concerned about the way our societies consume energy and are committed to reduce the greenhouse emissions. As the residential sector contributes significantly to energy use, it is crucial to investigate the socio-economic parameters, dwellings’ characteristics, and climate conditions that determine the electricity consumption in households. The data of this study are collected from 1801 dwellings from all regions of Greece and two statistical models are built. Both of them conclude that the most significant determinants influencing the electricity consumption are the number of occupants, the size of the dwelling, the heating type, the heating and cooling hours, and the weather conditions.https://doi.org/10.1186/s13731-021-00161-9ElectricityConsumptionDeterminantsSocio-economicStatistical analysis
collection DOAJ
language English
format Article
sources DOAJ
author Dimitra Kotsila
Persefoni Polychronidou
spellingShingle Dimitra Kotsila
Persefoni Polychronidou
Determinants of household electricity consumption in Greece: a statistical analysis
Journal of Innovation and Entrepreneurship
Electricity
Consumption
Determinants
Socio-economic
Statistical analysis
author_facet Dimitra Kotsila
Persefoni Polychronidou
author_sort Dimitra Kotsila
title Determinants of household electricity consumption in Greece: a statistical analysis
title_short Determinants of household electricity consumption in Greece: a statistical analysis
title_full Determinants of household electricity consumption in Greece: a statistical analysis
title_fullStr Determinants of household electricity consumption in Greece: a statistical analysis
title_full_unstemmed Determinants of household electricity consumption in Greece: a statistical analysis
title_sort determinants of household electricity consumption in greece: a statistical analysis
publisher SpringerOpen
series Journal of Innovation and Entrepreneurship
issn 2192-5372
publishDate 2021-07-01
description Abstract Over the last decades, the contemporary way of living, as well as the technology development, has increased the household electricity consumption. The excessive use of electricity has a negative impact on the environment, increasing the carbon footprint and contributing to the climate change. Governments are more and more concerned about the way our societies consume energy and are committed to reduce the greenhouse emissions. As the residential sector contributes significantly to energy use, it is crucial to investigate the socio-economic parameters, dwellings’ characteristics, and climate conditions that determine the electricity consumption in households. The data of this study are collected from 1801 dwellings from all regions of Greece and two statistical models are built. Both of them conclude that the most significant determinants influencing the electricity consumption are the number of occupants, the size of the dwelling, the heating type, the heating and cooling hours, and the weather conditions.
topic Electricity
Consumption
Determinants
Socio-economic
Statistical analysis
url https://doi.org/10.1186/s13731-021-00161-9
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