Energy saving innovations and economy wide rebound effects

Gioele Figus; Karen Turner; Antonios Katris

doi:10.4324/9781351127264

Energy saving innovations and economy wide rebound effects

Gioele Figus, Karen Turner, Antonios Katris

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

Energy efficiency has gained significant policy and research attention for over a number of years, but often the focus is on rebound effects, the portion of the potential energy savings not realised because of economic responses. In this chapter, we seek to demonstrate that there are several macroeconomic impacts associated with energy efficiency improvements, which merit significantly more attention and deliver a wide range of socio-economic benefits. Our findings show that improving the energy efficiency of households could stimulate the economic activity within a nation or a region, leading to increased employment opportunities, investment and potentially public budget savings. Moreover, energy efficiency could aid in alleviating fuel poverty. And in every case that we have examined, those benefits are realised while achieving energy savings. We understand though that rebound is not likely to be left out of energy efficiency discussions. We then propose the use of an alternative metric of the effectiveness of energy efficiency policies; one that focuses on the achieved savings rather than those that did not materialise.

Language	English
Title of host publication	Transitions in Energy Efficiency and Demand
Place of Publication	Abingdon
Chapter	9
Pages	156-174
Number of pages	19
ISBN (Electronic)	9781351127257
DOIs	10.4324/9781351127264
Publication status	Published - 20 Dec 2018

Fingerprint

Innovation

Energy efficiency

Rebound effect

Energy saving

Savings

Investment opportunities

Socio-economics

Economics

Rebound

Poverty

Household

Economic benefits

Macroeconomic impacts

Economic activity

Keywords

innovation
energy saving
energy efficiency

Cite this

Figus, G., Turner, K., & Katris, A. (2018). Energy saving innovations and economy wide rebound effects. In Transitions in Energy Efficiency and Demand (pp. 156-174). Abingdon. https://doi.org/10.4324/9781351127264

Figus, Gioele ; Turner, Karen ; Katris, Antonios. / Energy saving innovations and economy wide rebound effects. Transitions in Energy Efficiency and Demand. Abingdon, 2018. pp. 156-174

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Figus, G , Turner, K & Katris, A 2018, Energy saving innovations and economy wide rebound effects. in Transitions in Energy Efficiency and Demand. Abingdon, pp. 156-174. https://doi.org/10.4324/9781351127264

Energy saving innovations and economy wide rebound effects. / Figus, Gioele ; Turner, Karen ; Katris, Antonios.

Transitions in Energy Efficiency and Demand. Abingdon, 2018. p. 156-174.

Research output: Chapter in Book/Report/Conference proceeding › Chapter

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