This paper uses market data on income, electricity price, and electricity demand to estimate residential welfare loss caused by electricity supply interruptions in South Africa. The welfare-loss estimation (or “willingness-to-pay”) uses cross-sectional data from 16,851 South African households. A two-part (probit and OLS) estimation method is used to model price and income elasticities, and a…
Tag: South Africa
Vehicle-to-grid Policy in South Africa: State-led v. Market-directed Approaches
The Vehicle-to-Grid (V2G) policy aim has been widely analyzed in policy planning literature but has not been explored for adaptation to African contexts. African countries enjoy immense renewable energy (RE) potential but currently experience minimal electric vehicle usage, since most drivers confront limited charging station access and thus range anxiety. One potential workaround surmounting this…