The report shows that the trend in household electricity consumption was reduced by 2.2 TWh from 2020 to 2023. This represents a temperature-adjusted reduction in household electricity consumption of around 5.5 percent from a previous average level of around 40 TWh (from 2015-2020). Based on statistics on the sale and installation of heat pumps, solar panels and other technical building measures, we estimate that around 1 TWh of the reduction in household electricity consumption can be explained by permanent energy-saving measures. The remaining reduction in electricity consumption can be explained by behavioural changes, such as lowering indoor temperatures, which were mainly motivated by higher electricity prices.
The electricity subsidy that was introduced seems to have contributed to reducing household savings, but it did not completely counteract the incentives to reduce electricity consumption.
Furthermore, findings from the report suggest that the service sector became more energy efficient. At the same time as activity in the sector increased, total temperature-adjusted electricity consumption fell by 1.5 per cent. Developments in the market for energy efficiency goods and services also show that the service sector spent more resources on energy efficiency measures, self-generated electricity and other energy carriers in 2022 and 2023 than in previous years.
For more information about the report, please contact Svend Boye.
