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An ex post evaluation of energy-efficiency policies across the European Union

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  • Eoin Ó Broin

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • Jens Ewald

    (GU - Göteborgs Universitet = University of Gothenburg)

  • Franck Nadaud

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • Érika Mata

    (IVL - Swedish Environmental Research Institute)

  • Magnus Hennlock

    (IVL - Swedish Environmental Research Institute)

  • Louis-Gaëtan Giraudet

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • Thomas Sterner

    (GU - Göteborgs Universitet = University of Gothenburg)

Abstract

We evaluate the impact of a variety of energy efficiency policies on residential energy demand in six major EU economies (France, Germany, Italy, Spain, UK and Sweden) from 1990 to 2015. We find that both financing policies, such as loan facilities and subsidies, and building codes, as approximated by U-Values, have been effective at reducing energy demand for space heating. We additionally find the short term price and income effects to be inelastic, with elasticity coefficients of-0.2 and 0.2 respectively.

Suggested Citation

  • Eoin Ó Broin & Jens Ewald & Franck Nadaud & Érika Mata & Magnus Hennlock & Louis-Gaëtan Giraudet & Thomas Sterner, 2019. "An ex post evaluation of energy-efficiency policies across the European Union," CIRED Working Papers hal-01985269, HAL.
    • Handle: RePEc:hal:ciredw:hal-01985269
    Note: View the original document on HAL open archive server: https://enpc.hal.science/hal-01985269
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    References listed on IDEAS

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    1. Bigano, Andrea & Arigoni Ortiz, Ramon & Markandya, Anil & Menichetti, Emanuela & Pierfederici, Roberta, 2010. "The Linkages between Energy Efficiency and Security of Energy Supply in Europe," Institutions and Markets Papers 90950, Fondazione Eni Enrico Mattei (FEEM).
    2. Ó Broin, Eoin & Nässén, Jonas & Johnsson, Filip, 2015. "Energy efficiency policies for space heating in EU countries: A panel data analysis for the period 1990–2010," Applied Energy, Elsevier, vol. 150(C), pages 211-223.
    3. Kiviet, Jan F., 1995. "On bias, inconsistency, and efficiency of various estimators in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 68(1), pages 53-78, July.
    4. Filippini, Massimo & Hunt, Lester C. & Zorić, Jelena, 2014. "Impact of energy policy instruments on the estimated level of underlying energy efficiency in the EU residential sector," Energy Policy, Elsevier, vol. 69(C), pages 73-81.
    5. Ibon Galarraga & Mikel González-Eguino & Anil Markandya (ed.), 2011. "Handbook of Sustainable Energy," Books, Edward Elgar Publishing, number 13941.
    6. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
    7. Judson, Ruth A. & Owen, Ann L., 1999. "Estimating dynamic panel data models: a guide for macroeconomists," Economics Letters, Elsevier, vol. 65(1), pages 9-15, October.
    8. Anderson, T. W. & Hsiao, Cheng, 1982. "Formulation and estimation of dynamic models using panel data," Journal of Econometrics, Elsevier, vol. 18(1), pages 47-82, January.
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    Cited by:

    1. Jens Ewald & Thomas Sterner & Eoin Ó Broin & Érika Mata, 2021. "Saving energy in residential buildings: the role of energy pricing," Climatic Change, Springer, vol. 167(1), pages 1-20, July.

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