Energy efficiency

Economic models on energy efficiency



The third set of results examined the economic aspects of household behaviour in consuming energy, as well as their preferences for renewables, and measures for energy efficiency.

For example, the research work investigated how households have adopted energy efficient behaviour by adjusting to the price of the electricity and by the availability subsidies for energy efficiency.

Households do make energy choices in transportation, too. One finding reveals that purchasers of new cars change their preferences when they are informed on the effects of carbon dioxide on the environment.

Another part of the research work on energy efficiency has dealt with the strategic interactions of firms on energy markets and the contribution of the energy sector to economic growth in general.