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The allure of an environmentally benign, abundant, and cost-effective energy source has led an increasing number of industrialized countries to back public financing of renewable energies. Germany's experience with renewable energy promotion is often cited as a model to be replicated elsewhere,...
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Empirical evidence on the response of German households to electricity price changes is sparse. Using panel data originating from Germany's Residential Energy Consumption Survey (GRECS), we fill this void by employing an instrumental variable approach to cope with the endogeneity of the...
Persistent link: https://www.econbiz.de/10012978685
Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the residential sector in greenhouse gas emissions. Drawing on data originating from the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual...
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Drawing on the most recent wave of the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean effects, we combine the conditional demand approach with...
Persistent link: https://www.econbiz.de/10011764517
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price changes conditional on price knowledge is scant. Using panel data originating from Germany’s Residential Energy Consumption Survey (GRECS), we fill this void by employing an...
Persistent link: https://www.econbiz.de/10011897241
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price changes conditional on price knowledge is scant. Using panel data originating from Germany's Residential Energy Consumption Survey (GRECS), we fill this void by employing an...
Persistent link: https://www.econbiz.de/10012916541
Rund 28% des jährlichen Endenergieverbrauchs in Deutschland entfällt laut der Arbeitsgemeinschaft Energiebilanzen (AGEB) auf den Sektor der privaten Haushalte. Weitere 29% der Endenergie werden vom Verkehrssektor verbraucht. Haushalte verwenden Energie insbesondere für die Erzeugung von...
Persistent link: https://www.econbiz.de/10014500538