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  1. Increasing block rate electricity pricing and propensity to purchase electric appliances
    evidence from a natural experiment
    Erschienen: [2021]
    Verlag:  Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague, Prague

    This paper provides empirical evidence on the relationship between increasing-block-rate (IBR) pricing of electricity and the propensity of households to buy major electric appliances. I use variation from a natural experiment in Russia that... mehr

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 167
    keine Fernleihe

     

    This paper provides empirical evidence on the relationship between increasing-block-rate (IBR) pricing of electricity and the propensity of households to buy major electric appliances. I use variation from a natural experiment in Russia that introduced IBR pricing for residential electricity in a number of experimental regions in 2013. The study employs household-level panel data which records, among others, whether the household has purchased any major electric appliances during the last 3 months. Using difference-in-differences specification I show that in the regions with IBR pricing the purchase of major electric appliances has increased by more than 25 percent (2 percentage points). The findings suggest that price-based energy policies may be an effective tool in shaping the behavior of households.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/247394
    Schriftenreihe: IES working paper ; 2021, 27
    Schlagworte: appliances; increasing-block-rate tariff; electricity prices; energy efficiency gap
    Umfang: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  2. The narrative of the energy efficiency gap
    Erschienen: [2021]
    Verlag:  CER-ETH - Center of Economic Research at ETH Zurich, Zürich

    For more than forty years analysts have pointed out that society might be too slow in adopting energy efficiency technologies, a phenomenon known as the Energy Efficiency Gap. There are persistent market barriers that impede these efforts. Eliciting... mehr

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    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 590
    keine Fernleihe

     

    For more than forty years analysts have pointed out that society might be too slow in adopting energy efficiency technologies, a phenomenon known as the Energy Efficiency Gap. There are persistent market barriers that impede these efforts. Eliciting these barriers and their heterogeneity is key for policy design. In this paper, we use narratives, a novel approach based on unstructured text answers in surveys, to elicit the barriers and determinants of energy efficiency investments. Using recent advances in Natural Language Processing (NLP), we turn narratives into quantifiable metrics to rank households' barriers and determinants. We find that financial motives are not the primary barriers or determinants of energy efficiency investments. Instead, we find that such investments are highly opportunistic and co-benefits, such as ecological concerns and comfort, also play an important role. Although there is substantial heterogeneity across the population in the type of barriers and determinants, demographics and building characteristics poorly predict heterogeneity patterns. This has important implications for the targeting of policies. Narratives could be a novel and effective way to implement policy targeting.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/238216
    Schriftenreihe: Working paper / CER-ETH - Center of Economic Research at ETH Zurich ; 21, 359 (July 2021)
    Schlagworte: energy efficiency gap; natural language processing; policy targeting; open-ended questions
    Umfang: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  3. The energy efficiency gap and barriers to investments
    Erschienen: [2023]
    Verlag:  Tinbergen Institute, Amsterdam, The Netherlands

    This study investigates the energy efficiency (EE) gap, referring to private agents who are not making seemingly profitable investments to reduce energy use. We deploy a questionnaire among firms in the Netherlands in which we ask them about... mehr

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 432
    keine Fernleihe

     

    This study investigates the energy efficiency (EE) gap, referring to private agents who are not making seemingly profitable investments to reduce energy use. We deploy a questionnaire among firms in the Netherlands in which we ask them about investment behavior and barriers to investing in EE. A set of 16 barriers is constructed based on the literature. We find that most firms (70%) have made EE investments in the past five years, and that the median firm has saved 10% of its energy use. The remaining profitable EE investment opportunities still leave room for another 15% of energy savings at the median firm. We find that uncertainty about future policies ranks as the leading barrier to EE investments, followed by lock-ins in current equipment, and energy price uncertainty. Especially energy-intensive firms indicate the importance of policy uncertainty. Past policies have not been successful in addressing these barriers. Additionally, we find that a firm's network can be an important channel for obtaining EE investment knowledge.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/273854
    Schriftenreihe: Array ; TI 2023, 043
    Schlagworte: energy efficiency gap; barriers; investment behavior; technology adoption; policy uncertainty
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen