Abstract

Seasonal fluctuations in electricity demand have resulted in power cuts in peak periods in China. This paper finds that the main component of fluctuations in electricity demand of secondary industry consists of four high energy consumption industries. The fluctuations in electricity demand of steel are relevant to the fluctuations in automobile sales. The energy consumption of tertiary industry is highly consistent with the seasonal fluctuations in residential electricity consumption, which is mainly affected by extreme weather conditions. In view of the transmission mechanism of the seasonal fluctuations in electricity demand from the demand side, to improve energy efficiency, electricity companies can adopt the strategy of price discrimination to smooth the seasonal fluctuations in demand.

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