The need for comprehensive and well targeted instrument mixes to stimulate energy transitions: The case of energy efficiency policy
By Jan Rosenow, F. Kern, Karoline S. Rogge. 2017
179 citations recorded by the source corpus.
Abstract To meet global climate goals an energy transition is needed. However, energy transitions are complex and long-term processes and require a variety of public policy interventions to steer their direction and speed to achieve global climate change mitigation targets. One area where policy support is required is energy efficiency, which offers a high potential for carbon savings. It is widely acknowledged that energy efficiency improvements will need to be faster and deeper than is currently the case and this requires policy instrument mixes to support both those energy efficiency measures that are simple and cost-effective as well as more complex and costly technologies. In other words, policy mixes need to be well-targeted and comprehensive. In this paper, we address the issue of comprehensiveness in terms of technology-specificity and the level of complexity and costliness of energy efficiency measures. We use an existing dataset produced as part of a pan-European effort to understand instrument mixes in 14 EU Member States in the area of energy efficiency. Based on the empirical analysis and our segmentation of instrument types and their role in the overall mix, we illustrate the need for using a comprehensive instrument mix rather than single instruments.
Subfields: Environmental Engineering, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/e36414a9b5a9166c1e207484dfcb99121aac4b03
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In Environmental Engineering
In Renewable Energy, Sustainability and the Environment
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Citations in the corpus
- Designing an effective climate-policy mix: accounting for instrument synergy (2021, background): “While we focus on climate mitigation policy in the context of emission reduction, there are also reviews or synthetic studies of policy mixes for energy-efficiency (Boonekamp, 2006; Hood, 2013; Rosenow et al., 2017; Wiese et al., 2018), renewable energy (Pitelis, 2018), accelerating technological ch”
- How to finance energy renovation of residential buildings: Review of current and emerging financing instruments in the EU (2020, background): “Although there is an opportunity to incorporate EE measures when general building renovations take place, current energy efficiency renovations are rare and not in par with their overall potential (Baek & Park, 2012; Rosenow, 2017).”