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Erschienen in:
2022 | OriginalPaper | Buchkapitel
The Role of Electricity Market Reform and Socio-economic Conditions in Electricity Consumption in India
verfasst von : Mamata Parhi
Erschienen in: Revisiting Electricity Market Reforms
Verlag: Springer Nature Singapore
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Abstract
Does a reform in the electricity market enhance energy consumption? To what extent do the complex layers of socio-economic and demographic fabric moderate the positive externalities of reform on consumption behaviour? To answer these questions, the current study models and estimates the mediating role of the socio-economic-demographic fabric of intra- and interregional consumption patterns to elicit significantly heterogeneous electricity consumption behaviour in India’s energy market. The study also aims to offer predictive insights into the speed at which a fully reformed energy market would produce equivalent Pareto optimal welfare consequences in terms of electricity consumption. Policy implications are drawn given our empirical findings.