the threshold temperature is around 18.5◦C. In the Netherlands,the daily electricity demand increases by about 0, 5% during thesummer months, and for threshold temperatures below 18◦C[39]. In Singapore the hourly temperature elasticity levels variesbetween 0.3 and 0.8% [38]. Given the actual temperatures in thecountry, this is translated to an increase of about 1–2.5% of thehourly consumption per degree of temperature rise. In HongKong, it is estimated that the increase of the monthly electricityconsumption is 111 GW h per degree of temperature rise, or 4% ofthe basic load, whereas the threshold temperature is 18◦C [31].