Impact of energy policy instruments on the estimated level of underlying energy efficiency in the EU residential sector

By Massimo Filippini, L. Hunt, J. Zorić. 2013

206 citations recorded by the source corpus.

The promotion of energy efficiency is seen as one of the top priorities of EU energy policy (EC, 2010). In order to design and implement effective energy policy instruments, it is necessary to have information on energy demand price and income elasticities in addition to sound indicators of energy efficiency. This research combines the approaches taken in energy demand modelling and frontier analysis in order to econometrically estimate the level of energy efficiency for the residential sector in the EU-27 member states for the period 1996 to 2009. The estimates for the energy efficiency confirm that the EU residential sector indeed holds a relatively high potential for energy savings from reduced inefficiency. Therefore, despite the common objective to decrease ‘wasteful’ energy consumption, considerable variation in energy efficiency between the EU member states is established. Furthermore, an attempt is made to evaluate the impact of energy-efficiency measures undertaken in the EU residential sector by introducing an additional set of variables into the model and the results suggest that financial incentives and energy performance standards play an important role in promoting energy efficiency improvements, whereas informative measures do not have a significant impact.

Subfields: Environmental Engineering, Management Science and Operations Research, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/55de25e77606b8a8ea09b3593b72e796b0b738fa

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In Environmental Engineering

  1. M. Economidou
  2. Francesca Diluiso
  3. Paolo Bertoldi
  4. María del Pópulo Pablo-Romero
  5. Tiago Ribeiro Serrenho
  6. Sofia Tsemekidi Tzeiranaki
  7. L. Castellazzi
  8. N. Labanca

In Management Science and Operations Research

  1. María del Pópulo Pablo-Romero

In Renewable Energy, Sustainability and the Environment

  1. Paolo Bertoldi
  2. María del Pópulo Pablo-Romero

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