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The Residential Sector's Demand for Energy. ESRI Research Bulletin 2016/3/2

Curtis, John and Stanley, Brian (2016) The Residential Sector's Demand for Energy. ESRI Research Bulletin 2016/3/2. UNSPECIFIED.

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    Abstract

    Ireland and other EU member states face onerous climate and energy efficiency policy targets. As the residential sector represents 25% of final energy consumption in Ireland, what happens within the residential sector will play an important part in determining whether Ireland’s policy targets are achieved. Improvements in energy efficiency performance, reduced fossil energy use, and switching to less carbon intensive fuels will contribute to achieving policy targets. Price mechanisms, such as carbon taxes, are one policy option available to policymakers to encourage households to change their energy consumption patterns. This research paper examines historical data on the residential sector’s energy consumption to gauge how responsive households are to changes in energy prices, which should inform the development of future policy initiatives. The paper estimated an energy demand system for the residential sector for four fuel categories: electricity, gas, oil (incl. kerosene, diesel, LPG and petroleum coke) and solid fuels (incl. sod peat, peat briquettes and coal) and uses data from the period 1970 to 2013.

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    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > energy policy (Including international arena)
    Countries > Ireland
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Research Bulletin
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 09 Sep 2019 10:35
    Number of Pages: 3
    Last Modified: 09 Sep 2019 10:35
    URI: http://aei.pitt.edu/id/eprint/98635

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