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Evaluating energy efficiency policies with energy-economy models

Mundaca, Luis LU ; Neij, Lena LU ; Worell, E. and McNeil, M. (2010) In Annual Review Environment and Resources 35. p.305-344
Abstract
The growing complexities of energy systems, environmental problems,

and technology markets are driving and testing most energy-economy

models to their limits. To further advance bottom-up models from

a multidisciplinary energy efficiency policy evaluation perspective, we

review and critically analyze bottom-up energy-economy models and

corresponding evaluation studies on energy efficiency policies to induce

technological change. We use the household sector as a case study.

Our analysis focuses on decision frameworks for technology choice,

type of evaluation being carried out, treatment of market and behavioral

failures, evaluated policy instruments, and key... (More)
The growing complexities of energy systems, environmental problems,

and technology markets are driving and testing most energy-economy

models to their limits. To further advance bottom-up models from

a multidisciplinary energy efficiency policy evaluation perspective, we

review and critically analyze bottom-up energy-economy models and

corresponding evaluation studies on energy efficiency policies to induce

technological change. We use the household sector as a case study.

Our analysis focuses on decision frameworks for technology choice,

type of evaluation being carried out, treatment of market and behavioral

failures, evaluated policy instruments, and key determinants used

to mimic policy instruments. Although the review confirms criticism

related to energy-economy models (e.g., unrealistic representation of

decision making by consumers when choosing technologies), they provide

valuable guidance for policy evaluation related to energy efficiency.

Different areas to further advance models remain open, particularly related

to modeling issues, techno-economic and environmental aspects,

behavioral determinants, and policy considerations. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Policy evaluation, Technology choice determinants, Policy instruments, Household sector, Induced technological change
in
Annual Review Environment and Resources
volume
35
pages
305 - 344
publisher
Annual Reviews
external identifiers
  • wos:000284721100012
  • scopus:78049309936
ISSN
1545-2050
DOI
10.1146/annurev-environ-052810-164840
language
English
LU publication?
yes
id
9b0c9dfc-eba5-4da7-9102-edd78bad7ec1 (old id 1763792)
alternative location
http://www.annualreviews.org/loi/energy
date added to LUP
2011-01-18 14:14:06
date last changed
2018-05-29 10:26:32
@article{9b0c9dfc-eba5-4da7-9102-edd78bad7ec1,
  abstract     = {The growing complexities of energy systems, environmental problems,<br/><br>
and technology markets are driving and testing most energy-economy<br/><br>
models to their limits. To further advance bottom-up models from<br/><br>
a multidisciplinary energy efficiency policy evaluation perspective, we<br/><br>
review and critically analyze bottom-up energy-economy models and<br/><br>
corresponding evaluation studies on energy efficiency policies to induce<br/><br>
technological change. We use the household sector as a case study.<br/><br>
Our analysis focuses on decision frameworks for technology choice,<br/><br>
type of evaluation being carried out, treatment of market and behavioral<br/><br>
failures, evaluated policy instruments, and key determinants used<br/><br>
to mimic policy instruments. Although the review confirms criticism<br/><br>
related to energy-economy models (e.g., unrealistic representation of<br/><br>
decision making by consumers when choosing technologies), they provide<br/><br>
valuable guidance for policy evaluation related to energy efficiency.<br/><br>
Different areas to further advance models remain open, particularly related<br/><br>
to modeling issues, techno-economic and environmental aspects,<br/><br>
behavioral determinants, and policy considerations.},
  author       = {Mundaca, Luis and Neij, Lena and Worell, E. and McNeil, M.},
  issn         = {1545-2050},
  keyword      = {Policy evaluation,Technology choice determinants,Policy instruments,Household sector,Induced technological change},
  language     = {eng},
  pages        = {305--344},
  publisher    = {Annual Reviews},
  series       = {Annual Review Environment and Resources},
  title        = {Evaluating energy efficiency policies with energy-economy models},
  url          = {http://dx.doi.org/10.1146/annurev-environ-052810-164840},
  volume       = {35},
  year         = {2010},
}