Arbeitspapier
Photovoltaics and the solar rebound: Evidence for Germany
Recent research suggests that households increase their electricity consumption in the aftermath of installing photovoltaic (PV) panels, a behavioral change commonly referred to as the solar rebound. Drawing on panel data originating from the German Residential Energy Consumption Survey (GRECS), we employ panel estimation methods and the dynamic system estimator developed by Blundell and Bond (1998) to investigate the existence of a solar rebound effect, thereby accounting for simultaneity and endogeneity issues relating to PV installation and the electricity price. Our empirical results suggest that PV panel adoption of households does not change the amount of electricity taken from the grid. As we derive theoretically, this outcome implies a solar rebound that is bounded from above by about 50%, while back-of-the-envelope calculations provide us with a lower bound of 12% and an average solar rebound of 35%.
- ISBN
-
978-3-96973-118-5
- Sprache
-
Englisch
- Erschienen in
-
Series: Ruhr Economic Papers ; No. 954
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Structure and Scope of Government: General
Energy: Demand and Supply; Prices
- Thema
-
Feed-in tariffs
GMM system estimator
German Residential Energy Consumption Survey (GRECS)
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Frondel, Manuel
Kaestner, Kathrin
Sommer, Stephan
Vance, Colin
- Ereignis
-
Veröffentlichung
- (wer)
-
RWI - Leibniz-Institut für Wirtschaftsforschung
- (wo)
-
Essen
- (wann)
-
2022
- DOI
-
doi:10.4419/96973118
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Frondel, Manuel
- Kaestner, Kathrin
- Sommer, Stephan
- Vance, Colin
- RWI - Leibniz-Institut für Wirtschaftsforschung
Entstanden
- 2022
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