Quantifying the Effect of the Principal-Agent Problem on USResidential Energy Use

PDF Version Also Available for Download.

Description

The International Energy Agency (IEA) initiated andcoordinated this project to investigate the effects of market failures inthe end-use of energy that may isolate some markets or portions thereoffrom energy price signals in five member countries. Quantifying theamount of energy associated with market failures helps to demonstrate thesignificance of energy efficiency policies beyond price signals. In thisreport we investigate the magnitude of the principal-agent (PA) problemaffecting four of the major energy end uses in the U.S. residentialsector: refrigeration, water heating, space heating, and lighting. Usingdata from the American Housing Survey, we develop a novel approach toclassifying households into a PA matrix ... continued below

Creation Information

Murtishaw, Scott & Sathaye, Jayant August 12, 2006.

Context

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. More information about this report can be viewed below.

Who

People and organizations associated with either the creation of this report or its content.

Publisher

Provided By

UNT Libraries Government Documents Department

Serving as both a federal and a state depository library, the UNT Libraries Government Documents Department maintains millions of items in a variety of formats. The department is a member of the FDLP Content Partnerships Program and an Affiliated Archive of the National Archives.

Contact Us

What

Descriptive information to help identify this report. Follow the links below to find similar items on the Digital Library.

Description

The International Energy Agency (IEA) initiated andcoordinated this project to investigate the effects of market failures inthe end-use of energy that may isolate some markets or portions thereoffrom energy price signals in five member countries. Quantifying theamount of energy associated with market failures helps to demonstrate thesignificance of energy efficiency policies beyond price signals. In thisreport we investigate the magnitude of the principal-agent (PA) problemaffecting four of the major energy end uses in the U.S. residentialsector: refrigeration, water heating, space heating, and lighting. Usingdata from the American Housing Survey, we develop a novel approach toclassifying households into a PA matrix for each end use. End use energyvalues differentiated by housing unit type from the Residential EnergyConsumption Survey were used to estimate the final and primary energy useassociated with the PA problem. We find that the 2003 associated siteenergy use from these four end uses totaled over 3,400 trillion Btu,equal to 35 percent of the site energy consumed by the residentialsector.

Language

Item Type

Identifier

Unique identifying numbers for this report in the Digital Library or other systems.

  • Report No.: LBNL--59773
  • Grant Number: DE-AC02-05CH11231
  • DOI: 10.2172/913156 | External Link
  • Office of Scientific & Technical Information Report Number: 913156
  • Archival Resource Key: ark:/67531/metadc879447

Collections

This report is part of the following collection of related materials.

Office of Scientific & Technical Information Technical Reports

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

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

What responsibilities do I have when using this report?

When

Dates and time periods associated with this report.

Creation Date

  • August 12, 2006

Added to The UNT Digital Library

  • Sept. 22, 2016, 2:13 a.m.

Description Last Updated

  • Sept. 30, 2016, 12:39 p.m.

Usage Statistics

When was this report last used?

Yesterday: 0
Past 30 days: 1
Total Uses: 3

Interact With This Report

Here are some suggestions for what to do next.

Start Reading

PDF Version Also Available for Download.

Citations, Rights, Re-Use

Murtishaw, Scott & Sathaye, Jayant. Quantifying the Effect of the Principal-Agent Problem on USResidential Energy Use, report, August 12, 2006; Berkeley, California. (digital.library.unt.edu/ark:/67531/metadc879447/: accessed October 20, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.