Date: February 13, 2025
Time: 10:00–11:00 AM (IST)
Meeting Link: https://monash.zoom.us/j/8189710711pwd=IsS0HyJg4UBaEnQbN7F1OIiSBVzpFJ.1&...
Meeting ID: 818 971 0711, Password: 112200
Title: Analyzing the pathways of Indian residential electricity consumption using a bottom-up modelling approach
Guides: Prof. Anand B Rao, Prof. Satish B Agnihotri, Prof. Vinod Mishra, and Prof. Srinivas Sridharan
RPC Members: Prof. Mita Bhattacharya, Prof. Santanu Bandyopadhyay
Abstract:
Residential electricity consumption (REC) in India has been increasing rapidly and contributes to over a quarter of the country’s total electricity consumption. The sector is dynamic and diverse with wide variations in consumption levels across geographic regions, states, and social groups. Attempts to model residential electricity consumption in India have relied upon a top-down macroeconomic approach mostly focusing on price or income elasticity. The research aims to create bottom-up models of residential electricity consumption in India using disaggregated household level data. In the earlier stages of the research, factors that have been studied in literature to model REC were identified and documented. Household surveys were undertaken to understand the nature of residential electricity consumption (REC) in various parts of Maharashtra. Further, a comprehensive review of datasets available for REC modelling was undertaken. In the past year, a bottom up model for REC at the all India level has been developed using fixed effects modelling. Further, a methodology for district specific modelling of REC has been developed. The determinants of REC for five districts across India have been analysed. The results illustrate the variation in the set of predictors as well as their magnitude across districts.