ENABLE.EU-related research presented at the IEA in Paris

Macroeconomic impacts of energy efficiencyOne of the ENABLE.EU project’s consortium partners, Jon Stenning of Cambridge Econometrics, recently gave a presentation on “The macro-level and sectoral impacts of Energy Efficiency policies” at a three-day workshop organised by the International Energy Agency in Paris. The presentation, which mentioned ENABLE.EU as one of the projects the institution is working on, drew on previous research that Cambridge Econometrics has carried out related to the economic and other benefits of energy efficiency (for the European Commission). Their analysis found that energy efficiency is better for the European economy, though the sectoral impacts are uneven, with some sectors benefitting more than others. In addition, the impact on public budgets varies between countries, according to the level of investment and the number of additional jobs. The report also sets out a number of other benefits of energy efficiency, including on health and unemployment rates.

The ENABLE.EU project, which has received funding from the European Union’s Horizon 2020 programme under grant agreement 727524, will aim to define the key determinants of individual and collective energy choices in three key consumption areas – transportation, heating & cooling, and electricity – and in the shift to prosumption (users-led initiatives of decentralised energy production and trade). The project will also investigate the interrelations between individual and collective energy choices and their impact on regulatory, technological and investment decisions. The analysis will be based on national household and business surveys in 11 countries, as well as research-area-based comparative case studies.

2018-04-13T12:57:41+00:00