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New BRISKEE report summarises policy recommendations from the micro-level analysis

(eceee news, 18 Apr 2018) A new report from the BRISKEE project (Behavioural Response to Investment Risks in Energy Efficiency) provides policy recommendation bases on the micro-level research. This includes the analysis of more than 15 000 completed surveys on their views on energy efficiency investment and risk.

The report aims at summarizing the policy recommendations derived from the micro-level analysis that was conducted in the project. It is based on a literature review as well as a large survey of 15 000 households.

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 report is designed as a dynamic document, which will be extended as the project analysis proceeds and will furthermore include the recommendations from the meso-level (deliverable 5.2) and the macro-level (deliverable 5.3).

See report on the BRISKEE-CHEETAH web site