Can the composition of energy use in an expanding economy be altered by consumers' responses to technological change?

Research output: Contribution to journalArticle

Abstract

Technological change is necessary for economies to grow and develop. This paper investigates how this technological change could be directed in order to simultaneously reduce carbon-intensive energy use and deliver a range of economic benefits. Using both partial and general equilibrium modelling we consider improvements in the efficiency in the delivery of electricity as an increasingly low carbon option in the UK. We demonstrate how linking this to policy action to assist and encourage households to substitute away from more carbon-intensive gas- to electricity-powered heating systems may change the composition of energy use, and implied emissions intensity, but not the level of the resulting economic expansion.
LanguageEnglish
Pages235-253
Number of pages19
JournalThe Energy Journal
Volume40
Issue number4
DOIs
Publication statusPublished - 1 Jul 2019

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technological change
electricity
energy
Carbon
economy
Electricity
heat pump
Chemical analysis
economics
Economics
efficiency
Heating
Gases
Technological change
Energy use
Consumer response

Keywords

  • technological change
  • CGE models
  • multiple benefits
  • rebound
  • economics
  • energy

Cite this

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title = "Can the composition of energy use in an expanding economy be altered by consumers' responses to technological change?",
abstract = "Technological change is necessary for economies to grow and develop. This paper investigates how this technological change could be directed in order to simultaneously reduce carbon-intensive energy use and deliver a range of economic benefits. Using both partial and general equilibrium modelling we consider improvements in the efficiency in the delivery of electricity as an increasingly low carbon option in the UK. We demonstrate how linking this to policy action to assist and encourage households to substitute away from more carbon-intensive gas- to electricity-powered heating systems may change the composition of energy use, and implied emissions intensity, but not the level of the resulting economic expansion.",
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author = "Karen Turner and Gioele Figus and Swales, {John Kim} and Lisa Ryan and Patrizio Lecca and Peter McGregor",
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AU - Figus, Gioele

AU - Swales, John Kim

AU - Ryan, Lisa

AU - Lecca, Patrizio

AU - McGregor, Peter

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AB - Technological change is necessary for economies to grow and develop. This paper investigates how this technological change could be directed in order to simultaneously reduce carbon-intensive energy use and deliver a range of economic benefits. Using both partial and general equilibrium modelling we consider improvements in the efficiency in the delivery of electricity as an increasingly low carbon option in the UK. We demonstrate how linking this to policy action to assist and encourage households to substitute away from more carbon-intensive gas- to electricity-powered heating systems may change the composition of energy use, and implied emissions intensity, but not the level of the resulting economic expansion.

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