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The Impact of Energy Policies on the Energy Efficiency Performance of Residential Properties in Portugal

Author

Listed:
  • José Alberto Fuinhas

    (CeBER and Faculty of Economics, University of Coimbra, Av. Dias da Silva 165, 3004-512 Coimbra, Portugal)

  • Matheus Koengkan

    (GOVCOPP-DEGEIT, University of Aveiro, 3810-193 Aveiro, Portugal)

  • Nuno Silva

    (CeBER and Faculty of Economics, University of Coimbra, Av. Dias da Silva 165, 3004-512 Coimbra, Portugal)

  • Emad Kazemzadeh

    (Department of Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 1357, Iran)

  • Anna Auza

    (Faculty of Economics, University of Coimbra, 3004-512 Coimbra, Portugal)

  • Renato Santiago

    (NECE-UBI and Management and Economics Department, University of Beira Interior, 6200-209 Covilhã, Portugal)

  • Mônica Teixeira

    (Department of Economics, Federal Fluminense University, Niteroi 24210-201, Brazil)

  • Fariba Osmani

    (Department of Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 1357, Iran)

Abstract

The effect of energy policies on the energy performance of residential properties/houses in nineteen Portuguese districts from 2014 to 2021 was investigated. A linear random-effects model regression was used as the method in this empirical investigation. The empirical results indicated that the income per capita has a negative effect on residential properties with high energy efficiency certificates (e.g., A+ , A , and B ) and a positive impact on residential properties with low energy efficiency certificates (e.g., C , D , E , and F ); the codes and standards energy policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A , B , and B− ) and residential properties with low energy efficiency certificates (e.g., C , D , E , and F ); the fiscal and financial incentive policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+ , A , and B ) and a negative effect on residential properties with B− energy certificate, and also a negative effect on residential properties with low energy efficiency certificates (e.g., C and D ) and a positive effect on residential properties with an F energy certificate; the information and education policies of energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+ , A , and B ) and residential properties with low energy efficiency certificates (e.g., C , D , and E ); and, finally, the consumer credit per capita has a positive effect on residential properties with high energy efficiency certificates (e.g., A+ , A , and B ) and a negative effect on residential properties with low energy efficiency certificates (e.g., C , D , and F ), as well as a positive effect on residential properties with an F energy certificate.

Suggested Citation

  • José Alberto Fuinhas & Matheus Koengkan & Nuno Silva & Emad Kazemzadeh & Anna Auza & Renato Santiago & Mônica Teixeira & Fariba Osmani, 2022. "The Impact of Energy Policies on the Energy Efficiency Performance of Residential Properties in Portugal," Energies, MDPI, vol. 15(3), pages 1-24, January.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:3:p:802-:d:731078
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    References listed on IDEAS

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    1. Pablo-Romero, María del P. & Pozo-Barajas, Rafael & Yñiguez, Rocío, 2017. "Global changes in residential energy consumption," Energy Policy, Elsevier, vol. 101(C), pages 342-352.
    2. Li, Y. & Kubicki, S. & Guerriero, A. & Rezgui, Y., 2019. "Review of building energy performance certification schemes towards future improvement," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    3. Ramos, A. & Gago, A. & Labandeira, X. & Linares, P., 2015. "The role of information for energy efficiency in the residential sector," Energy Economics, Elsevier, vol. 52(S1), pages 17-29.
    4. De Boeck, L. & Verbeke, S. & Audenaert, A. & De Mesmaeker, L., 2015. "Improving the energy performance of residential buildings: A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 960-975.
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    Citations

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    Cited by:

    1. Matheus Koengkan & José Alberto Fuinhas, 2022. "Heterogeneous Effect of “Eco-Friendly” Dwellings on Transaction Prices in Real Estate Market in Portugal," Energies, MDPI, vol. 15(18), pages 1-18, September.
    2. Matheus Koengkan & Nuno Silva & José Alberto Fuinhas, 2023. "Assessing Energy Performance Certificates for Buildings: A Fuzzy Set Qualitative Comparative Analysis (fsQCA) of Portuguese Municipalities," Energies, MDPI, vol. 16(7), pages 1-30, April.
    3. Liang Li & Yanghong Wang & Meixuen Tan & Huaping Sun & Bangzhu Zhu, 2023. "Effect of Environmental Regulation on Energy-Intensive Enterprises’ Green Innovation Performance," Sustainability, MDPI, vol. 15(13), pages 1-21, June.
    4. Matheus Koengkan & José Alberto Fuinhas & Anna Auza & Uğur Ursavaş, 2023. "The Impact of Energy Efficiency Regulations on Energy Poverty in Residential Dwellings in the Lisbon Metropolitan Area: An Empirical Investigation," Sustainability, MDPI, vol. 15(5), pages 1-29, February.
    5. Didem Gunes Yilmaz & Fatma Cesur, 2023. "A Study for the Improvement of the Energy Performance Certificate (EPC) System in Turkey," Sustainability, MDPI, vol. 15(19), pages 1-24, September.
    6. Edoardo Ruffino & Bruno Piga & Alessandro Casasso & Rajandrea Sethi, 2022. "Heat Pumps, Wood Biomass and Fossil Fuel Solutions in the Renovation of Buildings: A Techno-Economic Analysis Applied to Piedmont Region (NW Italy)," Energies, MDPI, vol. 15(7), pages 1-25, March.
    7. Bożena Gajdzik & Radosław Wolniak & Rafał Nagaj & Brigita Žuromskaitė-Nagaj & Wieslaw Wes Grebski, 2024. "The Influence of the Global Energy Crisis on Energy Efficiency: A Comprehensive Analysis," Energies, MDPI, vol. 17(4), pages 1-51, February.
    8. Matheus Koengkan & José Alberto Fuinhas & Fernanda Paula Oliveira & Uğur Ursavaş & Natália Moreno, 2023. "Building a Sustainable Future: How Eco-Friendly Homes Are Driving Local Economic Development in Lisbon Metropolitan Area," Energies, MDPI, vol. 16(13), pages 1-34, June.
    9. Matheus Koengkan & José Alberto Fuinhas & Magdalena Radulescu & Emad Kazemzadeh & Nooshin Karimi Alavijeh & Renato Santiago & Mônica Teixeira, 2023. "Assessing the Role of Financial Incentives in Promoting Eco-Friendly Houses in the Lisbon Metropolitan Area—Portugal," Energies, MDPI, vol. 16(4), pages 1-20, February.
    10. Eduardo Medeiros & Bernardo Valente & Vasco Gonçalves & Paula Castro, 2022. "How Impactful Are Public Policies on Environmental Sustainability? Debating the Portuguese Case of PO SEUR 2014–2020," Sustainability, MDPI, vol. 14(13), pages 1-17, June.

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