Energy labeling is a policy tool that informs consumers about the energy performance of appliances and thereby encourages them to purchase appliances that provide the services they need with less energy consumption. In providing information to consumers about equipment energy consumption and operating costs that would otherwise be invisible or unavailable, energy labeling enables consumers to make more balanced and rational purchasing decisions. Energy labels can also help consumers to identify the most efficient products on the market. In effect, energy labeling attempts to provide a market ‘‘pull’’ for more energy-efficient products while simultaneously presenting information that might discourage the purchase of less efficient products. (more…)
It is important to remember that labeling and MEPS programs aim to influence the selection of products by consumers at the poin ...
Endorsement labels indicate that the products carrying the labels belong to the ‘‘most energy-efficient’’ class of products or ...
There are only a few compulsory energy efficiency programs aimed at industrial facilities. It is only recently that the EU introduc ...
As the need for energy efficiency becomes more pronounced, the drive toward efficiency in the commercial sector will be impeded by ...
As energy prices increase, industries are more and more aware that energy is an expensive commodity that has to be used effic ...
Another possible non-market-failure explanation for the energy efficiency gap is associated with the fact that even if a given technology is cost-effective on average, it will mostly likely not be for some individuals or firms.
If the relevant population is heterogeneous—with respect to variables such as the purchaser’s discount rate, the investment lifetime, the price of energy, the purchase price, and other costs— even an electricity technology that looks very good for the average user (more…)
Beginning at the end of the technological change process, research has consistently shown that diffusion of new, economically ...
It is important to remember that labeling and MEPS programs aim to influence the selection of products by consumers at the poin ...
Recently, attention to energy efficiency has been gaining momentum. The attention given by policy maker is mainly due to concer ...
Energy efficiency is defined here to mean energy services provided per unit of energy input (for example, gallons of water hea ...
Energy labeling is a policy tool that informs consumers about the energy performance of appliances and thereby encourages them ...
Energy efficiency is defined here to mean energy services provided per unit of energy input (for example, gallons of water heated to a specified temperature per British thermal units of natural gas input). Within this framework, energy efficiency is conceived primarily at the disaggregated, product level, rather than at a more aggregated sectoral level. (more…)
Cost–benefit analysis (CBA), also known as benefit–cost analysis, is rooted in applied welfare economics. It is a way of organizing ...
Statistics on national production levels and indicators of environmental pressure have been collected during the past few decad ...
Another possible non-market-failure explanation for the energy efficiency gap is associated with the fact that even if a given tech ...
Recently, attention to energy efficiency has been gaining momentum. The attention given by policy maker is mainly due to concer ...
Not surprisingly, most Energy Research and Development takes place in industrialized countries where both the public and private se ...
