Understanding electricity consumption: A comparative contribution of building factors, socio-demographics, appliances, behaviours and attitudes
Gesche Huebner,
David Shipworth,
Ian Hamilton,
Zaid Chalabi and
Tadj Oreszczyn
Applied Energy, 2016, vol. 177, issue C, 692-702
Abstract:
This paper tests to what extent different types of variables (building factors, socio-demographics, appliance ownership and use, attitudes and self-reported behaviours) explain annualized electricity consumption in residential buildings with gas-fuelled space and water heating. It then shows which individual variables have the highest explanatory power. In contrast to many other studies, the study recognizes the problem of multicollinearity between predictors in regression analysis and uses Lasso regression to address this issue.
Keywords: Electricity demand; Residential buildings; Socio-demographics; Appliances; Lasso regression; Multicollinearity; English homes; Gas-central heating (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:177:y:2016:i:c:p:692-702
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DOI: 10.1016/j.apenergy.2016.04.075
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