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Analysis of the EU Residential Energy Consumption: Trends and Determinants

Sofia Tsemekidi Tzeiranaki, Paolo Bertoldi, Francesca Diluiso (francesca.diluiso@bankofengland.co.uk), Luca Castellazzi, Marina Economidou, Nicola Labanca, Tiago Ribeiro Serrenho and Paolo Zangheri
Additional contact information
Sofia Tsemekidi Tzeiranaki: Network Research Belgium S.A. (NRB) EEIG, Trasys International, PI des Hauts Sarts, 2e Avenue 65, 4040 Herstal, Belgium
Paolo Bertoldi: European Commission, Joint Research Centre, Directorate C—Energy, Transport and Climate, Via E. Fermi 2749, 21027 Ispra, Italy
Luca Castellazzi: European Commission, Joint Research Centre, Directorate C—Energy, Transport and Climate, Via E. Fermi 2749, 21027 Ispra, Italy
Marina Economidou: European Commission, Joint Research Centre, Directorate C—Energy, Transport and Climate, Via E. Fermi 2749, 21027 Ispra, Italy
Nicola Labanca: European Commission, Joint Research Centre, Directorate C—Energy, Transport and Climate, Via E. Fermi 2749, 21027 Ispra, Italy
Tiago Ribeiro Serrenho: European Commission, Joint Research Centre, Directorate C—Energy, Transport and Climate, Via E. Fermi 2749, 21027 Ispra, Italy
Paolo Zangheri: European Commission, Joint Research Centre, Directorate C—Energy, Transport and Climate, Via E. Fermi 2749, 21027 Ispra, Italy

Energies, 2019, vol. 12, issue 6, 1-27

Abstract: This article analyses the status and trends of the European Union (EU) residential energy consumption in light of the energy consumption targets set by the EU 2020 and 2030 energy and climate strategies. It assesses the energy efficiency progress from 2000 to 2016, using the official Eurostat data. In 2016, the residential energy consumption amounted to 25.71% of the EU’s final energy consumption, representing the second largest consuming sector after transport. Consumption-related data are discussed together with data on some main energy efficiency policies and energy consumption determinants, such as economic and population growth, weather conditions, and household and building characteristics. Indicators are identified to show the impact of specific determinants on energy consumption and a new indicator is proposed, drawing a closer link between energy trends and policy and technological changes in the sector. The analysis of these determinants highlights the complex dynamics behind the demand of energy in the residential sector. Decomposition analysis is carried out using the Logarithmic Mean Divisia Index technique to provide a more complete picture of the impact of various determinants (population, wealth, intensity, and weather) on the latest EU-28 residential energy consumption trends. The article provides a better understanding of the EU residential energy consumption, its drivers, the impact of current policies, and recommendations on future policies.

Keywords: energy efficiency policies; residential energy consumption; indicators; regression analysis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (26)

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