The Rebound Effect with Energy Production: A Partial Equilibrium Analysis

Research output: Working paperDiscussion paper

Abstract

Rebound is the extent to which improvements in energy efficiency fail to translate fully into reductions in energy use because of the implicit fall in the price of energy, when measured in efficiency units. This paper discusses aspects of the rebound effect that are introduced once energy is considered as a domestically produced commodity. A partial equilibrium approach is adopted in order to incorporate both energy use and production in a conceptually tractable way. The paper explores analytically two interesting results revealed in previous numerical simulations. The first is the possibility that energy use could fall by more than the implied improvement in efficiency. This corresponds to negative rebound. The second is the finding that the short-run rebound value can be greater than the corresponding long-run value.
LanguageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Pages1-42
Number of pages42
Volume09
Publication statusPublished - 2009

Fingerprint

Energy use
Rebound
Equilibrium analysis
Partial equilibrium
Rebound effect
Energy
Energy efficiency
Numerical simulation
Commodities
Short-run

Keywords

  • energy demand
  • energy efficiency
  • rebound
  • partial equilibrium

Cite this

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title = "The Rebound Effect with Energy Production: A Partial Equilibrium Analysis",
abstract = "Rebound is the extent to which improvements in energy efficiency fail to translate fully into reductions in energy use because of the implicit fall in the price of energy, when measured in efficiency units. This paper discusses aspects of the rebound effect that are introduced once energy is considered as a domestically produced commodity. A partial equilibrium approach is adopted in order to incorporate both energy use and production in a conceptually tractable way. The paper explores analytically two interesting results revealed in previous numerical simulations. The first is the possibility that energy use could fall by more than the implied improvement in efficiency. This corresponds to negative rebound. The second is the finding that the short-run rebound value can be greater than the corresponding long-run value.",
keywords = "energy demand, energy efficiency, rebound, partial equilibrium",
author = "Grant Allan and Peter McGregor and Swales, {J. Kim} and Karen Turner",
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year = "2009",
language = "English",
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pages = "1--42",
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edition = "25",
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The Rebound Effect with Energy Production : A Partial Equilibrium Analysis. / Allan, Grant; McGregor, Peter; Swales, J. Kim; Turner, Karen.

25. ed. Glasgow : University of Strathclyde, 2009. p. 1-42.

Research output: Working paperDiscussion paper

TY - UNPB

T1 - The Rebound Effect with Energy Production

T2 - A Partial Equilibrium Analysis

AU - Allan, Grant

AU - McGregor, Peter

AU - Swales, J. Kim

AU - Turner, Karen

N1 - Published as a paper within the Discussion Papers in Economics, No. 09-25 (2009)

PY - 2009

Y1 - 2009

N2 - Rebound is the extent to which improvements in energy efficiency fail to translate fully into reductions in energy use because of the implicit fall in the price of energy, when measured in efficiency units. This paper discusses aspects of the rebound effect that are introduced once energy is considered as a domestically produced commodity. A partial equilibrium approach is adopted in order to incorporate both energy use and production in a conceptually tractable way. The paper explores analytically two interesting results revealed in previous numerical simulations. The first is the possibility that energy use could fall by more than the implied improvement in efficiency. This corresponds to negative rebound. The second is the finding that the short-run rebound value can be greater than the corresponding long-run value.

AB - Rebound is the extent to which improvements in energy efficiency fail to translate fully into reductions in energy use because of the implicit fall in the price of energy, when measured in efficiency units. This paper discusses aspects of the rebound effect that are introduced once energy is considered as a domestically produced commodity. A partial equilibrium approach is adopted in order to incorporate both energy use and production in a conceptually tractable way. The paper explores analytically two interesting results revealed in previous numerical simulations. The first is the possibility that energy use could fall by more than the implied improvement in efficiency. This corresponds to negative rebound. The second is the finding that the short-run rebound value can be greater than the corresponding long-run value.

KW - energy demand

KW - energy efficiency

KW - rebound

KW - partial equilibrium

M3 - Discussion paper

VL - 09

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EP - 42

BT - The Rebound Effect with Energy Production

PB - University of Strathclyde

CY - Glasgow

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