The role of information for energy efficiency in the residential sector

A. Ramos, A. Gago, X. Labandeira and Pedro Linares ()

Energy Economics, 2015, vol. 52, issue S1, S17-S29

Abstract: In spite of the large potential and existing efforts to foster energy efficiency in the residential sector, much remains to be achieved. This may be partially due to the many barriers and market failures faced by energy efficiency, which are even greater in this sector. In particular, informational failures seem to be pervasive and relevant in this area. Addressing these issues requires specific policy instruments and strategies. This paper reviews the empirical evidence on the effectiveness of such instruments, focusing on energy certificates, feedback programs, and energy audits. Results show that energy certificates and feedback programs can be effective, but only if they are carefully designed, whereas the evidence about the effectiveness of energy audits is mixed. In addition, the paper points out the large potential for new instruments as well as combinations of existing ones.

Keywords: Energy efficiency; Information; Behavior (search for similar items in EconPapers)
JEL-codes: Q40 Q48 Q58 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (80)

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Related works:
Working Paper: The Role of Information for Energy Efficiency in the Residential Sector (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:52:y:2015:i:s1:p:s17-s29

DOI: 10.1016/j.eneco.2015.08.022

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