 INFORMATIONAL BARRIERS TO ENERGY EFFICIENCY COMBINING THEORY AND EUROPEAN POLICIESLars MORTEN Andersen () and Raimund Bleischwitz Journal of Advanced Research in Management, 2010, vol. 1, issue 2, 132-154 Abstract: This article addresses informational barriers to energy efficiency It is a widely acknowledged result that an energy efficiency gap exists implying that the level of energy efficiency is at an inefficiently low level Several barriers to energy efficiency create this gap and the presence of asymmetric information is likely to be one such barrier The article finds that problems of moral hazard and adverse selection indeed can help explain the seemingly low levels of energy efficiency The theory reveals two implications to policies on energy efficiency First the development of measures to enable contractual parties to base remuneration on energy performance must be enhanced and second the information on technologies and the education of consumers and installers on energy efficiency must be increased Finally it is found that the preferred EU policy instrument on energy efficiency so far seems to be the use of minimum requirements Less used in EU legislation is the use of measuring and verification as well as the use of certifications Therefore it is concluded that the EU should consider an increased use of these instruments Date: 2010 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:srs:jemt00:v:1:y:2010:i:2:p:132-154 Access Statistics for this article Journal of Advanced Research in Management is currently edited by Ramona PIRVU More articles in Journal of Advanced Research in Management from ASERS Publishing |
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