Does daylight saving time save electricity? Evidence from Slovakia
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F20%3A10402186" target="_blank" >RIV/00216208:11230/20:10402186 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=SjXJ.IYFrm" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=SjXJ.IYFrm</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.enpol.2019.111146" target="_blank" >10.1016/j.enpol.2019.111146</a>
Alternative languages
Result language
angličtina
Original language name
Does daylight saving time save electricity? Evidence from Slovakia
Original language description
The European Union has recently decided to stop the policy of biannual clock changes in 2021. One reason is that the original rationale for the policy, energy savings, is not supported by a large portion of recent empirical studies. Whether the new permanent time will be standard time or the former daylight saving time has not been decided. Evidence on energy savings from daylight saving time is country-specific, and each country may choose its own time. We examine the effects of the policy in a country for which no studies on daylight saving exist, Slovakia. Using hourly data from the 2010-2017 period, we apply a difference-in-differences approach and estimate energy savings to equal 1% of annual electricity consumption. Alternatively, extrapolating the effect from the results of a previous meta-analysis on different countries, for Slovakia we obtain a smaller estimate, unlikely to exceed 0.5%. Moreover, our findings suggest that daylight saving time smooths the electricity demand curve.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
<a href="/en/project/GX19-26812X" target="_blank" >GX19-26812X: Frontiers in Energy Efficiency Economics and Modelling - FE3M</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Energy Policy
ISSN
0301-4215
e-ISSN
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Volume of the periodical
137
Issue of the periodical within the volume
February
Country of publishing house
GB - UNITED KINGDOM
Number of pages
20
Pages from-to
1-20
UT code for WoS article
000515439900016
EID of the result in the Scopus database
2-s2.0-85076606390