Household energy choices: New empirical evidence and policy implications for sustainable behaviour
Katherine Hassett,
Rose Mba Mebiame,
Aline Mortha,
Miwa Nakai,
Helene Ahlborg,
Kavya Michael,
Ugur Ozdemir,
Ioannis Tikoudis,
Nicolina Lamhauge,
Olufolahan Osunmuyiwa,
Toshi Arimura and
Nick Johnstone
No 247, OECD Environment Working Papers from OECD Publishing
Abstract:
This paper offers insights on the factors that determine household choices related to energy use, based on data from the third OECD Survey on Environmental Policies and Individual Behaviour Change (EPIC). The analysis profiles households according to patterns in reported energy use and investment in energy-related technologies, assesses the factors driving such decisions and estimates households’ willingness to pay to reduce the emissions of the electricity they use. Results suggest that the feasibility of installing low-emissions energy technologies appears to remain a key obstacle to their uptake, and that households are willing to pay a small but positive premium for electricity produced with fewer emissions. The presence of cross-country differences in behaviours and preferences signals the importance of considering local factors in approaches to energy policies. Environmental concern and environmental motivation increase engagement in sustainable choices, pointing to the cross-cutting relevance of policy efforts to improve environmental knowledge and awareness.
Keywords: energy conservation; energy efficiency; household behaviour; residential energy consumption (search for similar items in EconPapers)
JEL-codes: C25 D12 D91 Q40 Q42 Q54 (search for similar items in EconPapers)
Date: 2024-08-01
New Economics Papers: this item is included in nep-dcm, nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:oec:envaaa:247-en
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