Market barriers to energy efficiency: A critical reappraisal of the rationale for public policies to promote energy efficiency

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This report reviews current perspectives on market barriers to energy efficiency. Ratepayer-funded utility energy-efficiency programs are likely to change in scope, size, and nature as the deregulation process proceeds; the authors research focuses on understanding to what extent some form of future intervention may be warranted and how they might judge the success of particular interventions, especially those funded by ratepayers. They find that challenges to the existence of market barriers have, for the most part, failed to provide a testable alternative explanation for evidence suggesting that there is a substantial ``efficiency gap`` between a consumer`s actual investments in energy ... continued below

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67 p.

Creation Information

Golove, W.H. & Eto, J.H. March 1, 1996.

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This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 32 times . More information about this report can be viewed below.

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  • Golove, W.H.
  • Eto, J.H. Lawrence Berkeley National Lab., CA (United States). Energy and Environment Div.

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Description

This report reviews current perspectives on market barriers to energy efficiency. Ratepayer-funded utility energy-efficiency programs are likely to change in scope, size, and nature as the deregulation process proceeds; the authors research focuses on understanding to what extent some form of future intervention may be warranted and how they might judge the success of particular interventions, especially those funded by ratepayers. They find that challenges to the existence of market barriers have, for the most part, failed to provide a testable alternative explanation for evidence suggesting that there is a substantial ``efficiency gap`` between a consumer`s actual investments in energy efficiency and those that appear to be in the consumer`s own interest. They then suggest that differences of opinion about the appropriateness of public policies stem not from disputes about whether market barriers exist, but from different perceptions of the magnitude of the barriers, and the efficacy and (possibly unintended) consequences of policies designed to overcome them. They conclude that there are compelling justifications for future energy-efficiency policies. Nevertheless, in order to succeed, they must be based on a sound understanding of the market problems they seek to correct and a realistic assessment of their likely efficacy. This understanding can only emerge from detailed investigations of the current operation of individual markets.

Physical Description

67 p.

Notes

OSTI as DE96013119

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  • Other Information: PBD: Mar 1996

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  • Other: DE96013119
  • Report No.: LBL--38059
  • Grant Number: AC03-76SF00098
  • DOI: 10.2172/270751 | External Link
  • Office of Scientific & Technical Information Report Number: 270751
  • Archival Resource Key: ark:/67531/metadc665870

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

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Creation Date

  • March 1, 1996

Added to The UNT Digital Library

  • June 29, 2015, 9:42 p.m.

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  • April 5, 2016, 11:58 a.m.

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Golove, W.H. & Eto, J.H. Market barriers to energy efficiency: A critical reappraisal of the rationale for public policies to promote energy efficiency, report, March 1, 1996; California. (digital.library.unt.edu/ark:/67531/metadc665870/: accessed October 16, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.