Franklin

Mind the gap : quantifying principal-agent problems in energy efficiency / International Energy Agency.

Other Title:
Quantifying principal-agent problems in energy efficiency
Publication:
Paris : OECD/IEA, c2007.
Format/Description:
Government document
Book
219 p. : ill. (some col.) ; 23 cm.
Subjects:
Energy conservation.
Energy consumption.
Energy policy.
Summary:
This publication is an attempt to quantify the size of one of the most pervasive barriers to energy efficiency -- principal-agent problems, or in common parlance, variations on the "landlord-tenant" problem. In doing so, the book provides energy analysts and economists with insights into the amount of energy affected by principal-agent problems. Using an innovative methodology applied to eight case studies (covering commercial and residential sectors, and end-use appliances) from five different IEA countries (Japan, the Netherlands, Norway, the United States, Australia), the analysis identifies over 3,800 PJ/year of affected energy use -- that is, around 85% of the annual energy use of a country the size of Spain. The book builds on these findings to suggest a range of possible policy solutions that can reduce the impact of principal-agent problems and help policy makers mind the energy efficiency gap.--Publisher's description.
Contents:
Market barriers to energy efficiency improvements: locating principal-agent problems within the broader context
Agency theory and principal-agent problems
Methodology
Principal-agent problems in the commercial offices sector
Energy use affected by principal-agent problems in Japanese commercial office space
Principal-agent problems in commercial offices in the Netherlands
Principal-agent problems in commercial office space leasing in Norway
Principal-agent problems in the residential sector
Refrigerator, water heater, space heating and residential lighting energy use affected by the principal-agent market failure
Space heating in rented houses in the Netherlands
Set-top boxes: energy use affected by the principal-agent problem in the United States
Principal-agent problems in end-use appliances: vending machines
A case study on principal-agent problems for Japanese vending machines and display cabinets
Vending machine energy use in Australia affected by principal-agent problems
Conclusions and policy implications.
Notes:
"In support of the G8 plan of action."
"... prepared by Philippine de T'Serclaes ... and Nigel Jollands"--P. 5.
Includes bibliographical references (p. 213-219).
Contributor:
T'Serclaes, Philippine de.
Jollands, Nigel.
International Energy Agency.
Organisation for Economic Co-operation and Development.
ISBN:
9264038841
9789264038844
OCLC:
180751150
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