Arbeitspapier

How do investments in heat pumps affect household energy consumption?

Increased energy efficiency is often seen as the best way of reducing energy consumption. However, the cost reduction resulting from the efficiency increase can undermine the energy-saving potential of the efficiency measures. In this study, we develop a method for decomposing the behavioral responses to increased energy efficiency based on a conditional demand model applied to a household production framework. We find that the electricity savings potential of the increased use of heat pumps in Norwegian homes is completely offset by changes in consumption. Households with heat pumps maintain higher indoor temperatures, consume less alternative fuels and engage less in energy-saving behavior than other households. This analysis illustrates that subsidizing investments in new and more energy-efficient technology may not always be an effective means of reducing energy consumption.

Sprache
Englisch

Erschienen in
Series: Discussion Papers ; No. 737

Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Multiple or Simultaneous Equation Models: Truncated and Censored Models; Switching Regression Models
Consumer Economics: Empirical Analysis
Household Production and Intrahousehold Allocation
Energy: Demand and Supply; Prices
Thema
Household energy consumption
Eergy-saving technology
Heat pump
Rebound effects

Ereignis
Geistige Schöpfung
(wer)
Halvorsen, Bente
Larsen, Bodil Merethe
Ereignis
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Halvorsen, Bente
  • Larsen, Bodil Merethe
  • Statistics Norway, Research Department

Entstanden

  • 2013

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