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This study aims to analyze how the 2022 energy crisis impacted natural gas consumption in Italian households.

June 14, 2026Energy EconomicsOpen Access

And yet it moves: A study of natural gas consumption in Italy at the turn of the 2022 energy crisis

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This study aims to analyze how the 2022 energy crisis impacted natural gas consumption in Italian households.
Applied econometric techniques including Autoregressive Distributed Lag (ARDL) and Error Correction Model (ECM)
Utilized daily data from 2012 to 2025 to assess consumption changes
Examined transformations in price elasticity and decomposed demand into heating and baseload components
Price elasticity of natural gas demand increased from virtually zero to 0.34 by 2023.
Space heating demand was identified as the primary adjustment mechanism during the crisis.
Estimated savings of approximately 11.9 billion cubic meters of gas, equating to about 13 billion euros in financial savings.

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Econometric analysis reveals significant shifts in energy consumption patterns in Italy due to price shocks.

Polo et al. (2026) studied this question.

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