Does Daylight Savings Time Save Energy? Evidence from Ontario

Does Daylight Savings Time Save Energy? Evidence from Ontario Daylight savings time was adopted for the purposes of reducing energy consumption, but recent studies have cast some doubt on whether it still serves this purpose effectively. This study estimates the effect of daylight savings time on electricity demand in Ontario, Canada. It uses a quasi-experimental approach, by leveraging the fact that the transition to DST occurs on a different day in each year. The results suggest that daylight savings time reduces the demand for electricity by about 1.5% in Ontario. The reductions in electricity consumption is concentrated during the evening period. The reduction in electricity demand appears to persist for at least several weeks following the transition to daylight savings time. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Environmental and Resource Economics Springer Journals

Does Daylight Savings Time Save Energy? Evidence from Ontario

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Publisher
Springer Netherlands
Copyright
Copyright © 2017 by Springer Science+Business Media Dordrecht
Subject
Economics; Environmental Economics; Environmental Law/Policy/Ecojustice; Political Economy/Economic Policy; Economics, general; Environmental Management
ISSN
0924-6460
eISSN
1573-1502
D.O.I.
10.1007/s10640-017-0131-x
Publisher site
See Article on Publisher Site

Abstract

Daylight savings time was adopted for the purposes of reducing energy consumption, but recent studies have cast some doubt on whether it still serves this purpose effectively. This study estimates the effect of daylight savings time on electricity demand in Ontario, Canada. It uses a quasi-experimental approach, by leveraging the fact that the transition to DST occurs on a different day in each year. The results suggest that daylight savings time reduces the demand for electricity by about 1.5% in Ontario. The reductions in electricity consumption is concentrated during the evening period. The reduction in electricity demand appears to persist for at least several weeks following the transition to daylight savings time.

Journal

Environmental and Resource EconomicsSpringer Journals

Published: Mar 21, 2017

References

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