Energy-Efficiency Policy and its Effects at the Intensive and at the Extensive Investment Margins with Heterogenous Households

2019 ◽  
Author(s):  
Achim Voß
2011 ◽  
Vol 5 (1) ◽  
pp. 37-49 ◽  
Author(s):  
Mikael Togeby ◽  
Kirsten Dyhr-Mikkelsen ◽  
Anders E. Larsen ◽  
Peter Bach

Energies ◽  
2020 ◽  
Vol 13 (23) ◽  
pp. 6339
Author(s):  
Lana Ollier ◽  
Marc Melliger ◽  
Johan Lilliestam

Energy efficiency measures and the deployment of renewable energy are commonly presented as two sides of the same coin—as necessary and synergistic measures to decarbonize energy systems and reach the temperature goals of the Paris Agreement. Here, we quantitatively investigate the policies and performances of the EU Member States to see whether renewables and energy efficiency policies are politically synergistic or if they rather compete for political attention and resources. We find that Member States, especially the ones perceived as climate leaders, tend to prioritize renewables over energy efficiency in target setting. Further, almost every country performs well in either renewable energy or energy efficiency, but rarely performs well in both. We find no support for the assertion that the policies are synergistic, but some evidence that they compete. However, multi-linear regression models for performance show that performance, especially in energy efficiency, is also strongly associated with general economic growth cycles, and not only efficiency policy as such. We conclude that renewable energy and energy efficiency are not synergistic policies, and that there is some competition between them.


Author(s):  
Kenneth Gillingham ◽  
David Rapson ◽  
Gernot Wagner

2020 ◽  
pp. 0958305X2094388
Author(s):  
Bishwa S Koirala ◽  
Alok K Bohara

This study estimates the effects of energy efficiency policy in the residential sector using panel data of 48 contiguous states starting from 1970 to 2017. To avoid any unobserved heterogeneity and facilitate efficiency in estimation, this study employs a Dynamic Panel Data model with a two-step Generalized Method of Moments technique. The results suggest that energy efficiency policy for the residential sector has saved about 8.6 percent in energy consumption, which is about 22 percent of the total stated saving, leaving an energy efficiency gap of 1.5771 quadrillion Btu. Consistent with previous estimations, this study finds that theoretical saving amounts overestimate energy efficiency output and overinflate the increase in potential energy efficiency by about 32 percent. Since energy efficiency policy has failed to achieve the stated amount of saving in the residential sector, households have no incentive to adopt the energy efficiency policy, which has created an unusual gap in energy efficiency.


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