Abstract
It is widely recognized that the adoption of energy saving innovations can induce an increase in the usage of the corresponding technologies and thus can possibly increase energy consumption. Among other concerns is that uncertainties regarding the magnitude of this "rebound effect" can deter policy makers from promoting energy efficiency. This paper analyzes the rebound effects of the adoption of energy efficient technologies in commercial buildings. Based upon a structural model of technology adoption and subsequent energy demand at the building level, the empirical results are that energy efficiency can reduce electricity use by about 35 % and natural gas consumption by about 50 %.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 295-335 |
| Number of pages | 41 |
| Journal | Environmental and Resource Economics |
| Volume | 59 |
| Issue number | 2 |
| DOIs | |
| State | Published - 2014 |
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Keywords
- Electricity and natural gas demand
- Energy efficiency
- Heckman selection model
- Price elasticity
- Rebound effect
ASJC Scopus subject areas
- Management, Monitoring, Policy and Law
- Aerospace Engineering
Cite this
Energy Efficiency and Rebound Effects : An Econometric Analysis of Energy Demand in the Commercial Building Sector. / Qiu, Yueming.
In: Environmental and Resource Economics, Vol. 59, No. 2, 2014, p. 295-335.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Energy Efficiency and Rebound Effects
T2 - An Econometric Analysis of Energy Demand in the Commercial Building Sector
AU - Qiu, Yueming
PY - 2014
Y1 - 2014
N2 - It is widely recognized that the adoption of energy saving innovations can induce an increase in the usage of the corresponding technologies and thus can possibly increase energy consumption. Among other concerns is that uncertainties regarding the magnitude of this "rebound effect" can deter policy makers from promoting energy efficiency. This paper analyzes the rebound effects of the adoption of energy efficient technologies in commercial buildings. Based upon a structural model of technology adoption and subsequent energy demand at the building level, the empirical results are that energy efficiency can reduce electricity use by about 35 % and natural gas consumption by about 50 %.
AB - It is widely recognized that the adoption of energy saving innovations can induce an increase in the usage of the corresponding technologies and thus can possibly increase energy consumption. Among other concerns is that uncertainties regarding the magnitude of this "rebound effect" can deter policy makers from promoting energy efficiency. This paper analyzes the rebound effects of the adoption of energy efficient technologies in commercial buildings. Based upon a structural model of technology adoption and subsequent energy demand at the building level, the empirical results are that energy efficiency can reduce electricity use by about 35 % and natural gas consumption by about 50 %.
KW - Electricity and natural gas demand
KW - Energy efficiency
KW - Heckman selection model
KW - Price elasticity
KW - Rebound effect
UR - http://www.scopus.com/inward/record.url?scp=84897842784&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84897842784&partnerID=8YFLogxK
U2 - 10.1007/s10640-013-9729-9
DO - 10.1007/s10640-013-9729-9
M3 - Article
VL - 59
SP - 295
EP - 335
JO - Environmental and Resource Economics
JF - Environmental and Resource Economics
SN - 0924-6460
IS - 2
ER -