6533b82cfe1ef96bd128ffcc
RESEARCH PRODUCT
How do policies for efficient energy use in the household sector induce energy-efficiency innovation? : An evaluation of European countries
Bastien GirodTobias StuckiMartin Woertersubject
Demand sideta511Public economicsTechnological change020209 energydemand-pull05 social sciencestechnological changeSubsidy02 engineering and technologyManagement Monitoring Policy and LawSupply sidepolicy evaluationGeneral Energy0502 economics and business0202 electrical engineering electronic engineering information engineeringEconomics050207 economicsEnergy systemenergy efficiencyEfficient energy usedescription
Abstract Research on innovation induced by climate-mitigation policy has been focused predominantly on the supply side of the energy system. Despite considerable climate-mitigation potential on the demand side, less attention is given to the innovation effect of policies addressing the household sector. Based on a comprehensive data set, including 550 policy measures over 30 years (1980–2009) and covering 21 European countries, we find—based on econometric estimations—that policies targeting efficient energy use in the household sector significantly increase the number of patented energy-efficiency inventions. A comparison of the different policy types reveals a particularly strong influence from financial subsidies and energy labels. The results indicate that policies supporting early market adoption of energy-efficient technologies are effective in fostering innovation.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-04-01 | Energy Policy |