We build a system dynamics model to evaluate the potential dynamics of consumer adoption of "Smart Energy Behaviour". Within this term we include different levels of: i) shift in electricity consumption towards less costly-less polluting and congestioning hours; ii) the reduction of mainly...

Energy efficiency and short-term demand response are key issues in the decarbonization of power markets. However, their interaction and combined impact on market prices as well as on the supply side, is yet to be understood. We develop a framework to implement investments in energy efficiency...

We present a novel method of determining the contribution of load-shifting Demand Response (DR) to energy and reserve markets. We model DR in an Mixed Complementarity Problem (MCP) framework with high levels of wind penetration. Investment, exit and operational decisions are optimised...

Vor dem kommenden UN-Klimagipfel in Kopenhagen blickt die Welt vor allem auf die USA. Sie sind neben China mit Abstand der größte Emittent von Treibhausgasen. Spürbare Fortschritte beim globalen Klimaschutz setzen einen erheblichen Beitrag der Amerikaner voraus. Spielraum für eine deutliche...

This paper employs regression discontinuity design to estimate the impact of heating modes on residents’ energy consumption, energy efficiency gap, and energy usage behavior, using the Chinese Residential Energy Consumption Survey (CRECS). We find that district heating increases total energy...

In spite of the large potential and existing efforts to foster energy efficiency in the residential sector, much remains to be achieved. This may be partially due to the many barriers and market failures faced by energy efficiency, which are even greater in the residential sector. In particular,...

Information failures may help explain the so-called “energy efficiency gap” in commercial buildings, which account for approximately 20 percent of annual US energy consumption and CO2 emissions. Building owners may not fully comprehend what influences energy use in their buildings and may...

Die ausreichende und beständige Verfügbarkeit von Energie ist für hoch entwickelte Industrieländer eine unabdingbare Voraussetzung für ihre wirtschaftliche Entwicklung. Das gilt für alle Bereiche einer modernen Volkswirtschaft, angefangen vom Produktionssektor über den Transport- und den...

This article explores how law can use individual behavior to stabilize and reduce U.S. energy consumption. Drawing on the work of social scientists and behavioral researchers, it concludes that many opportunities exist to influence individual behavior to increase energy efficiency and reduce...