Relation of technology and urbanization with electricity consumption in Kazakhstan
Relation of technology and urbanization with electricity consumption in Kazakhstan

Summary/Abstract: We analyze the impact of social, economic and technical factors on power consumption in Kazakhstan. The work uses time series cointegration equation with the Granger causality test for data 1993-2019. The results show that urbanization, income levels and technology levels affect electricity consumption in the long term. Urbanization and economic growth have a strong impact on growth in electricity consumption.In the article, the influence of growth of digital technologies use which can have bi-directional influence on the energy consumption is analyzed. In the long term, the development of digital technologies in Kazakhstan reduces the need for electricity through the use of energy-saving measures. Digitalization should stimulate the efficiency of energy systems by optimizing consumption and metering, reducing losses, generating with the lowest costs and emissions, etc.

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