The sensitivity of the South African industrial sector’s electricity consumption to electricity price fluctuations
Numerous studies assume that the price elasticity of electricity demand remains constant through the years. This, in turn, means that these studies assume that industrial consumers react in the same way to price fluctuations regardless of the actual price level. This paper proposes that the price el...
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Format: | Article |
Language: | English |
Published: |
University of Cape Town
2017-04-01
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Series: | Journal of Energy in Southern Africa |
Online Access: | https://journals.assaf.org.za/jesa/article/view/2232 |