A Review on Energy Consumption from a Socio-Economic Perspective: Reduction through Energy Efficiency and Beyond

Stephan Schmidt and Hannes Weigt

Working papers from Faculty of Business and Economics - University of Basel

Abstract: Abstract: Reducing energy demand and increasing energy efficiency are seen as major elements of the ongoing transformation of energy systems in multiple national and international programs like the EU 20-20-20 targets. Despite the predominately socio-economic nature of energy demand such interdisciplinary viewpoints - albeit on the rise - are still the minority within energy related research. In this paper we provide a review on energy demand both from an economics and a social science perspective. In particular, we aim to identify potential fields for combined socio-economic research efforts oriented at three questions: 'What drives energy demand?', 'Why do consumers behave the way they do?' and finally 'How can (end user) energy consumption be influenced?'

Keywords: energy consumption; energy efficiency; energy conservation; economics; sociology; political science (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:bsl:wpaper:2013/15

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