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Time of day effects of temperature and daylight on short term electricity load

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  • Moral-Carcedo, Julián
  • Pérez-García, Julián

Abstract

This paper proposes a model for short-term electricity load with differentiated temperature and daylight effects by time of day, which are determined by variations in intraday economic activity. The relationship between electricity load and economic activity implies that the electricity demand response to changes in exogenous variables like temperature is non-linear as well as non-homogeneous along the day. The proposed framework, a smooth transition regression model with double threshold (LSTR2), models the observed intraday patterns in load curves to explicitly capture the effect of the circadian rest-activity cycle on the distinct responses of electricity demand to temperature and daylight variations throughout the day. The model shows that the sensitivity of demand to low temperatures is significantly larger in the “active” compared to the “rest” state. If temperatures decrease from 10 °C to 0 °C, electricity demand in the “active” state increases by 960.5 MW h per 1 °C decrease, but by only 26.6 MW h per 1 °C decrease in the “rest” state. When temperatures are higher, in the “rest state” demand decreases by 602.9 MW h per 1 °C if temperature falls from 26 °C to 21 °C, while in the “active” state demand only decreases by 323.6 MW h per 1 °C variation.

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  • Moral-Carcedo, Julián & Pérez-García, Julián, 2019. "Time of day effects of temperature and daylight on short term electricity load," Energy, Elsevier, vol. 174(C), pages 169-183.
  • Handle: RePEc:eee:energy:v:174:y:2019:i:c:p:169-183
    DOI: 10.1016/j.energy.2019.02.158
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    3. Santiago, I. & Moreno-Munoz, A. & Quintero-Jiménez, P. & Garcia-Torres, F. & Gonzalez-Redondo, M.J., 2021. "Electricity demand during pandemic times: The case of the COVID-19 in Spain," Energy Policy, Elsevier, vol. 148(PA).
    4. Alfredo Candela Esclapez & Miguel López García & Sergio Valero Verdú & Carolina Senabre Blanes, 2022. "Automatic Selection of Temperature Variables for Short-Term Load Forecasting," Sustainability, MDPI, vol. 14(20), pages 1-22, October.
    5. Miguel López & Sergio Valero & Carlos Sans & Carolina Senabre, 2020. "Use of Available Daylight to Improve Short-Term Load Forecasting Accuracy," Energies, MDPI, vol. 14(1), pages 1-14, December.
    6. Chabouni, Naima & Belarbi, Yacine & Benhassine, Wassim, 2020. "Electricity load dynamics, temperature and seasonality Nexus in Algeria," Energy, Elsevier, vol. 200(C).
    7. Jasiński, Tomasz, 2020. "Use of new variables based on air temperature for forecasting day-ahead spot electricity prices using deep neural networks: A new approach," Energy, Elsevier, vol. 213(C).
    8. Derumigny Alexis & Fermanian Jean-David, 2019. "On kernel-based estimation of conditional Kendall’s tau: finite-distance bounds and asymptotic behavior," Dependence Modeling, De Gruyter, vol. 7(1), pages 292-321, January.

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    More about this item

    Keywords

    Short-term electricity load; Temperature effect; Daylight effect; Circadian cycle;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods

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