Abstract:

Abstract This study investigates whether generation diversity in population can influence energy consumption. Using a panel data of 37 OECD countries over the years 1980-2021, it is found that apart from the size of population by age, generation diversity can influence the electric consumption per head of OECD countries. Specifically, an increase in generation diversity decreases the electric consumption. High generation diversity can lead to a smaller household, where energy consumption can be more efficiently managed. High generation diversity can also lead to high income variation that results in diversity in energy source consumption. Moreover, younger generations, concerning over environmental issues and energy conservation, can influence older generations to conserve more energy through bandwagon effect. This study shows that generation diversity is an important dimension in population structure that can influence electricity consumption. Hence, generation diversity needs to be considered in planning for energy management strategies. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-11-28 How to Cite Harnphattananusorn, S., & Puttitanun, T. (2022). Energy Consumption and Generation Diversity. International Journal of Energy Economics and Policy, 12(6), 481–485. https://doi.org/10.32479/ijeep.13523 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 6 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Supanee Harnphattananusorn, Asymmetric Relationship between Exchange Rate Volatility and Oil Price: Case Study of Thai-Baht , International Journal of Energy Economics and Policy: Vol. 12 No. 1 (2022) Supanee Harnphattananusorn, Relationship between Thai Baht and Oil Price: A Neural Network Model , International Journal of Energy Economics and Policy: Vol. 10 No. 1 (2020) Make a Submission Make a Submission Dergi Kapağı

Keywords: