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Exploring the effects of ‘Green Energy Economy’ policies for transforming the Swedish building stock

Mundaca, Luis LU and Generosi, Johanna LU (2013) 13th European International Association for Energy Economics (IAEE) Conference
Abstract
Following the 2008–2009 global financial crisis, ‘green energy economy’ packages have been implemented to stimulate sustainable economic growth in several Organisation for Economic Co-operation and Development (OECD) countries. Clearly focused on the energy sector, these packages typically include energy-efficiency policy measures and aim to encourage the transition towards a low-carbon economy. We take the Swedish single- and two-household residential sector as a case study for an ex-ante assessment of ‘green energy’ policies that target energy efficiency improvements. We use the EEB_Sweden v1.0 modelling tool to quantitatively evaluate various green energy policy scenarios. We simulate two baselines and three policy scenarios in order to... (More)
Following the 2008–2009 global financial crisis, ‘green energy economy’ packages have been implemented to stimulate sustainable economic growth in several Organisation for Economic Co-operation and Development (OECD) countries. Clearly focused on the energy sector, these packages typically include energy-efficiency policy measures and aim to encourage the transition towards a low-carbon economy. We take the Swedish single- and two-household residential sector as a case study for an ex-ante assessment of ‘green energy’ policies that target energy efficiency improvements. We use the EEB_Sweden v1.0 modelling tool to quantitatively evaluate various green energy policy scenarios. We simulate two baselines and three policy scenarios in order to predict the extent to which green policy measures (e.g. ‘Net Zero Energy Building’ regulations) can change energy use patterns. The model implemented financial and non-financial determinants of technology choice. Our results suggest that technology-specific policies (e.g. subsidies for energy-efficient windows or solar photovoltaics) are insufficient to stimulate homeowners to make radical changes. In fact, we find that microeconomic decision-makers respond much better to systemic policy instruments, in particular maximum energy thresholds for whole buildings. (Less)
Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Green Economy, Sweden, Building Sector, Policy instruments
host publication
[Host publication title missing]
pages
23 pages
publisher
European International Association for Energy Economics
conference name
13th European International Association for Energy Economics (IAEE) Conference
conference location
Düsseldorf, Germany
conference dates
2013-08-18 - 2013-08-21
language
English
LU publication?
yes
id
835bcf35-9cd6-4b57-bcab-82bf0bccb754 (old id 4249807)
alternative location
http://works.bepress.com/luis_mundaca/
date added to LUP
2016-04-04 10:53:41
date last changed
2018-11-21 21:01:25
@inproceedings{835bcf35-9cd6-4b57-bcab-82bf0bccb754,
  abstract     = {{Following the 2008–2009 global financial crisis, ‘green energy economy’ packages have been implemented to stimulate sustainable economic growth in several Organisation for Economic Co-operation and Development (OECD) countries. Clearly focused on the energy sector, these packages typically include energy-efficiency policy measures and aim to encourage the transition towards a low-carbon economy. We take the Swedish single- and two-household residential sector as a case study for an ex-ante assessment of ‘green energy’ policies that target energy efficiency improvements. We use the EEB_Sweden v1.0 modelling tool to quantitatively evaluate various green energy policy scenarios. We simulate two baselines and three policy scenarios in order to predict the extent to which green policy measures (e.g. ‘Net Zero Energy Building’ regulations) can change energy use patterns. The model implemented financial and non-financial determinants of technology choice. Our results suggest that technology-specific policies (e.g. subsidies for energy-efficient windows or solar photovoltaics) are insufficient to stimulate homeowners to make radical changes. In fact, we find that microeconomic decision-makers respond much better to systemic policy instruments, in particular maximum energy thresholds for whole buildings.}},
  author       = {{Mundaca, Luis and Generosi, Johanna}},
  booktitle    = {{[Host publication title missing]}},
  keywords     = {{Green Economy; Sweden; Building Sector; Policy instruments}},
  language     = {{eng}},
  publisher    = {{European International Association for Energy Economics}},
  title        = {{Exploring the effects of ‘Green Energy Economy’ policies for transforming the Swedish building stock}},
  url          = {{https://lup.lub.lu.se/search/files/5646322/4249808.pdf}},
  year         = {{2013}},
}