Energy Saving Innovations and Economy Wide Rebound Effects: Research Briefing 01

Research output: Book/ReportOther report

Abstract

Improved energy efficiency is generally recognised as the most important and cost-effective route to addressing the energy trilemma. The IEA estimate that energy efficiency gains could contribute approximately 70% of global emission reductions in the period to 2020, and ~50% in the period to 2035. EU member states have agreed legally binding targets to improve energy efficiency and the UK has developed a wide-ranging energy efficiency strategy that includes policies for all sectors of the economy.But economies are complex and dynamic systems and energy efficiency improvements frequently fail to deliver the anticipated energy and emission savings. This is largely due to a variety of mechanisms known as ‘rebound effects’ which can reduce the energy and emission savings achieved. In some cases, rebound effects may even lead to an overall increase in energy consumption. Unless such effects are better understood and addressed, the UK and other countries may fail to meet their energy and emission targets. The Centre on Innovation and Energy Demand (CIED) is investigating the source, nature and magnitude of rebound effects in a number of UK sectors. Led by the Centre for Energy Policy at the University of Strathclyde, this new project on economy wide rebound effects significantly extends CIED’s work. The project investigates the impact of energy efficiency improvements throughout the UK economy and along international supply chains, as well as using sophisticated multi-sector macroeconomic models to capture a much wider range of economic effects.
LanguageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Number of pages4
Publication statusPublished - 30 Apr 2015

Fingerprint

energy saving
Energy efficiency
Energy conservation
Innovation
innovation
energy
economy
efficiency
energy shortage
Economic and social effects
Energy policy
savings
Supply chains
Large scale systems
Dynamical systems
Energy utilization
energy policy
EU member state
energy consumption
macroeconomics

Keywords

  • energy trilemma
  • energy savings
  • energy efficiency
  • carbon saving multipliers
  • rebound effects
  • CO2 savings
  • household energy use

Cite this

@book{b8ebe9c93dca410d965ee2e9eb1193a4,
title = "Energy Saving Innovations and Economy Wide Rebound Effects: Research Briefing 01",
abstract = "Improved energy efficiency is generally recognised as the most important and cost-effective route to addressing the energy trilemma. The IEA estimate that energy efficiency gains could contribute approximately 70{\%} of global emission reductions in the period to 2020, and ~50{\%} in the period to 2035. EU member states have agreed legally binding targets to improve energy efficiency and the UK has developed a wide-ranging energy efficiency strategy that includes policies for all sectors of the economy.But economies are complex and dynamic systems and energy efficiency improvements frequently fail to deliver the anticipated energy and emission savings. This is largely due to a variety of mechanisms known as ‘rebound effects’ which can reduce the energy and emission savings achieved. In some cases, rebound effects may even lead to an overall increase in energy consumption. Unless such effects are better understood and addressed, the UK and other countries may fail to meet their energy and emission targets. The Centre on Innovation and Energy Demand (CIED) is investigating the source, nature and magnitude of rebound effects in a number of UK sectors. Led by the Centre for Energy Policy at the University of Strathclyde, this new project on economy wide rebound effects significantly extends CIED’s work. The project investigates the impact of energy efficiency improvements throughout the UK economy and along international supply chains, as well as using sophisticated multi-sector macroeconomic models to capture a much wider range of economic effects.",
keywords = "energy trilemma, energy savings, energy efficiency, carbon saving multipliers, rebound effects, CO2 savings, household energy use",
author = "Karen Turner",
note = "A policy briefing published in collaboration with the Centre on Innovation and Energy Demand, University of Sussex.",
year = "2015",
month = "4",
day = "30",
language = "English",
publisher = "University of Strathclyde",

}

Energy Saving Innovations and Economy Wide Rebound Effects : Research Briefing 01. / Turner, Karen.

Glasgow : University of Strathclyde, 2015. 4 p.

Research output: Book/ReportOther report

TY - BOOK

T1 - Energy Saving Innovations and Economy Wide Rebound Effects

T2 - Research Briefing 01

AU - Turner, Karen

N1 - A policy briefing published in collaboration with the Centre on Innovation and Energy Demand, University of Sussex.

PY - 2015/4/30

Y1 - 2015/4/30

N2 - Improved energy efficiency is generally recognised as the most important and cost-effective route to addressing the energy trilemma. The IEA estimate that energy efficiency gains could contribute approximately 70% of global emission reductions in the period to 2020, and ~50% in the period to 2035. EU member states have agreed legally binding targets to improve energy efficiency and the UK has developed a wide-ranging energy efficiency strategy that includes policies for all sectors of the economy.But economies are complex and dynamic systems and energy efficiency improvements frequently fail to deliver the anticipated energy and emission savings. This is largely due to a variety of mechanisms known as ‘rebound effects’ which can reduce the energy and emission savings achieved. In some cases, rebound effects may even lead to an overall increase in energy consumption. Unless such effects are better understood and addressed, the UK and other countries may fail to meet their energy and emission targets. The Centre on Innovation and Energy Demand (CIED) is investigating the source, nature and magnitude of rebound effects in a number of UK sectors. Led by the Centre for Energy Policy at the University of Strathclyde, this new project on economy wide rebound effects significantly extends CIED’s work. The project investigates the impact of energy efficiency improvements throughout the UK economy and along international supply chains, as well as using sophisticated multi-sector macroeconomic models to capture a much wider range of economic effects.

AB - Improved energy efficiency is generally recognised as the most important and cost-effective route to addressing the energy trilemma. The IEA estimate that energy efficiency gains could contribute approximately 70% of global emission reductions in the period to 2020, and ~50% in the period to 2035. EU member states have agreed legally binding targets to improve energy efficiency and the UK has developed a wide-ranging energy efficiency strategy that includes policies for all sectors of the economy.But economies are complex and dynamic systems and energy efficiency improvements frequently fail to deliver the anticipated energy and emission savings. This is largely due to a variety of mechanisms known as ‘rebound effects’ which can reduce the energy and emission savings achieved. In some cases, rebound effects may even lead to an overall increase in energy consumption. Unless such effects are better understood and addressed, the UK and other countries may fail to meet their energy and emission targets. The Centre on Innovation and Energy Demand (CIED) is investigating the source, nature and magnitude of rebound effects in a number of UK sectors. Led by the Centre for Energy Policy at the University of Strathclyde, this new project on economy wide rebound effects significantly extends CIED’s work. The project investigates the impact of energy efficiency improvements throughout the UK economy and along international supply chains, as well as using sophisticated multi-sector macroeconomic models to capture a much wider range of economic effects.

KW - energy trilemma

KW - energy savings

KW - energy efficiency

KW - carbon saving multipliers

KW - rebound effects

KW - CO2 savings

KW - household energy use

M3 - Other report

BT - Energy Saving Innovations and Economy Wide Rebound Effects

PB - University of Strathclyde

CY - Glasgow

ER -