Jun 2017 – Project events, BRISKEE by Deliverable
Behavioural response to investment risks in energy efficiency - Documentation of second expert workshop
This report is submitted as deliverable 6.3 in the BRISKEE project with the aim of documenting the expert workshop with the title "Heterogeneity in consumer decision-making for energy efficiency - can target-group specific policies help to boost energy efficiency in private households?", carried out as a solutions workshop at the eceee summer study 2017 on June 1st from 14:00-15:00.
The BRISKEE project has the objectives of providing evidence-based input to energy efficiency policymaking by investigating the role of household decision-making on three levels:
1) On the micro level, the project provides empirical evidence on the factors that influence investment decisions for energy efficiency technologies in households, in particular focusing on the role of household preferences for time discounting and risk, accounting for possible differences by technologies, household types, and countries.
2) On the meso level, the project explores the impact of time discounting and risk preferences, and of policies affecting those factors on technology diffusion and energy demand in the residential sector in Europe up to 2030. The project uses inputs from the micro-level analysis in order to improve the representation of investment decisions in energy demand modelling tools.
3) On the macro level, BRISKEE explores the long-term macroeconomic impacts of changes in microeconomic decision-making and of energy efficiency policy on employment, GDP and exports in the EU up to 2030.
The objective of the workshop was to discuss the results of the micro-level results of the BRISKEE project with regard to the heterogeneity of consumer decision-making in the context of EU energy efficiency policies.
This document provides a summary of the discussions in the workshop as well as the presentation slides.