Exploring the effects of ‘Green Energy Economy’ policies for transforming the Swedish building stock

Research output: Chapter in Book/Report/Conference proceedingPaper in conference proceeding

Abstract

Following the 2008–2009 global financial crisis, ‘green energy economy’ packages have been implemented to stimulate sustainable economic growth in several Organisation for Economic Co-operation and Development (OECD) countries. Clearly focused on the energy sector, these packages typically include energy-efficiency policy measures and aim to encourage the transition towards a low-carbon economy. We take the Swedish single- and two-household residential sector as a case study for an ex-ante assessment of ‘green energy’ policies that target energy efficiency improvements. We use the EEB_Sweden v1.0 modelling tool to quantitatively evaluate various green energy policy scenarios. We simulate two baselines and three policy scenarios in order to predict the extent to which green policy measures (e.g. ‘Net Zero Energy Building’ regulations) can change energy use patterns. The model implemented financial and non-financial determinants of technology choice. Our results suggest that technology-specific policies (e.g. subsidies for energy-efficient windows or solar photovoltaics) are insufficient to stimulate homeowners to make radical changes. In fact, we find that microeconomic decision-makers respond much better to systemic policy instruments, in particular maximum energy thresholds for whole buildings.

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Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Social Sciences Interdisciplinary

Keywords

  • Green Economy, Sweden, Building Sector, Policy instruments
Original languageEnglish
Title of host publication[Host publication title missing]
PublisherEuropean International Association for Energy Economics
Number of pages23
Publication statusPublished - 2013
Publication categoryResearch
Peer-reviewedYes
Event13th European International Association for Energy Economics (IAEE) Conference - Düsseldorf, Germany
Duration: 2013 Aug 182013 Aug 21

Conference

Conference13th European International Association for Energy Economics (IAEE) Conference
CountryGermany
CityDüsseldorf
Period2013/08/182013/08/21

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