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Access to energy, especially modern sources, is a key to any development initiative. Based on cross-section data from a 2004 survey of some 2,300 households in rural Bangladesh, this paper studies the welfare impacts of household energy use, including that of modern energy, and estimates the household minimum energy requirement that could be used as a basis for an energy poverty line. The paper finds that although the use of both traditional (biomass energy burned in conventional stoves) and modern (electricity and kerosene) sources improves household consumption and income, the return on modern sources is 20 to 25 times higher than that on traditional sources. In addition, after comparing alternate measures of the energy poverty line, the paper finds that some 58 percent of rural households in Bangladesh are energy poor, compared with 45 percent that are income poor. The findings suggest that growth in electrification and adoption of efficient cooking stoves for biomass use can lower energy poverty in a climate-friendly way by reducing carbon dioxide emissions. Reducing energy poverty helps reduce income poverty as well.
Access to energy --- Air pollution --- Biomass --- Biomass energy --- Burning biomass --- Carbon dioxide --- Carbon dioxide emissions --- Climate Change Mitigation and Green House Gases --- Demand for energy --- Electricity --- Electrification --- Energy --- Energy and Environment --- Energy consumption --- Energy Demand --- Energy Production and Transportation --- Energy requirement --- Energy use --- Environment --- Environment and Energy Efficiency --- Green house gases --- Heat --- Kerosene --- Modern fuels --- Rural energy --- Rural energy development --- Traditional biomass
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Recent volatility in international energy prices has revealed South Eastern Europe as one of the most vulnerable regions to such external shocks. Under the current global economic downturn, in addition, the region's energy-intensive industries are faced with the challenge of the weakening demand for their outputs. This paper casts light on the relationship between the price and the demand for energy. Based on firm level data, it is shown that the price elasticity of industrial energy demand is about -0.4 on average. There are a number of data issues to interpret the results correctly. But Albania and Macedonia are systematically found to have a relatively elastic demand for energy on the order of -0.7 to -0.8. In these countries, therefore, price adjustments would be one of the effective policy options to balance demand with supply during the period of energy crisis. In other countries, the demand response would be much weaker; pricing cannot be the only solution. Other policy measures, such as facilitation of firm energy efficiency and improvements in the quality of infrastructure services, may be required.
Balance --- Cement --- Chemical manufacturing --- Crude oil --- Crude oil price --- Demand for energy --- Economic Theory & Research --- Electricity --- Electricity price --- Energy --- Energy demand --- Energy efficiency --- Energy prices --- Energy Production and Transportation --- Energy source --- Energy supply --- Environment --- Environment and Energy Efficiency --- Fuels --- Investment --- Macroeconomics and Economic Growth --- Markets and Market Access --- Natural gas --- Options --- Power --- Price --- Price elasticity
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Access to energy, especially modern sources, is a key to any development initiative. Based on cross-section data from a 2004 survey of some 2,300 households in rural Bangladesh, this paper studies the welfare impacts of household energy use, including that of modern energy, and estimates the household minimum energy requirement that could be used as a basis for an energy poverty line. The paper finds that although the use of both traditional (biomass energy burned in conventional stoves) and modern (electricity and kerosene) sources improves household consumption and income, the return on modern sources is 20 to 25 times higher than that on traditional sources. In addition, after comparing alternate measures of the energy poverty line, the paper finds that some 58 percent of rural households in Bangladesh are energy poor, compared with 45 percent that are income poor. The findings suggest that growth in electrification and adoption of efficient cooking stoves for biomass use can lower energy poverty in a climate-friendly way by reducing carbon dioxide emissions. Reducing energy poverty helps reduce income poverty as well.
Access to energy --- Air pollution --- Biomass --- Biomass energy --- Burning biomass --- Carbon dioxide --- Carbon dioxide emissions --- Climate Change Mitigation and Green House Gases --- Demand for energy --- Electricity --- Electrification --- Energy --- Energy and Environment --- Energy consumption --- Energy Demand --- Energy Production and Transportation --- Energy requirement --- Energy use --- Environment --- Environment and Energy Efficiency --- Green house gases --- Heat --- Kerosene --- Modern fuels --- Rural energy --- Rural energy development --- Traditional biomass
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