Energy efficiency and the cost of GHG abatement: A comparison of bottom-up and hybrid models for the US

Energy Policy

Volumn 39, Issue 11, 2011, Pages 7146-7155

  Murphy, Rose ^a   Jaccard, Mark ^a  

^a SIMON FRASER UNIVERSITY   (Canada)

Author keywords

Energy efficiency; Greenhouse gas; McKinsey

Indexed keywords

BOTTOM UP APPROACH; CARBON CAPTURE AND STORAGE; CONSULTING FIRMS; ENERGY-ECONOMY MODELS; FUEL SWITCHING; GREENHOUSE GAS EMISSIONS REDUCTIONS; HYBRID MODEL; LOW COSTS; MARGINAL COSTS; MCKINSEY; TECHNOLOGY COSTS;

COMPUTER SIMULATION; COST BENEFIT ANALYSIS; COST REDUCTION; GAS EMISSIONS; GAS FUEL STORAGE; GLOBAL WARMING; GREENHOUSE GASES; PROFITABILITY;

ENERGY EFFICIENCY;

ABATEMENT COST; ANALYTICAL FRAMEWORK; BOTTOM-UP APPROACH; CARBON SEQUESTRATION; COMPUTER SIMULATION; ENERGY EFFICIENCY; GREENHOUSE GAS;

UNITED STATES;

EID: 80054851333     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2011.08.033     Document Type: Article

References (39)

1. Ang B.W. The LMDI approach to decomposition analysis: a practical guide. Energy Policy 2005, 33:867-871.
2. Arimura, T.H., Newell, R.G., Palmer, K., 2009. Cost-Effectiveness of Electricity Energy Efficiency Programs. Discussion Paper DP 09-48, Resources for the Future, Washington, DC.
3. Axsen J., Mountain D., Jaccard M. Combining stated and revealed choice research to simulate preference dynamics: the case of hybrid electric vehicles. Resource and Energy Economics 2009, 31:221-238.
4. Bataille C., Jaccard M., Nyboer J., Rivers N. Towards general equilibrium in a technology-rich model with empirically estimated behavioral parameters. The Energy Journal 2006, 27:93-112. (Hybrid Modeling of Energy-Environment Policies: Reconciling Bottom-up and Top-down).
5. Bohringer C. The synthesis of bottom-up and top-down in energy policy modeling. Energy Economics 1998, 20:233-248.
6. Energy Information Administration Annual Energy Outlook 2007 2007, US Department of Energy, Washington, DC.
7. Energy Information Administration An Updated Annual Energy Outlook 2009 Reference Case Reflecting Provisions of the American Recovery and Reinvestment Act and Recent Changes in the Economic Outlook 2009, US Department of Energy, Washington, DC.
8. Energy Information Administration The National Energy Modeling System: An Overview 2009 2009, US Department of Energy, Washington, DC.
9. Fickett A.P., Gellings C.W., Lovins A.B. Efficient use of electricity. Scientific American 1990, 263(3):64-75.
10. Frei C.W., Haldi P., Sarlos G. Dynamic formulation of a top-down and bottom-up merging energy policy model. Energy Policy 2003, 31:1017-1031.
11. Hirst E. Actual energy savings after retrofit: electrically heated homes in the Pacific Northwest. Energy 1986, 11:299-308.
12. Hourcade J.-C., Jaccard M., Bataille C., Ghersi F. Hybrid modeling: new answers to old challenges. The Energy Journal 2006, 27:1-12. (Hybrid Modeling of Energy-Environment Policies: Reconciling Bottom-up and Top-down).
13. Interagency Task Force on Carbon Capture and Storage, 2010. Report of the Interagency Task Force on Carbon Capture and Storage.
14. Intergovernmental Panel on Climate Change Climate Change 1995: Economic and Social Dimensions of Climate Change. Contribution of Working Group III to the Second Assessment Report of the Intergovernmental Panel on Climate Change 1995, Cambridge University Press, Cambridge, UK and New York, USA.
15. Climate Change 2001: Mitigation. Contribution of Working Group III to the Third Assessment Report of the Intergovernmental Panel on Climate Change 2001, Intergovernmental Panel on Climate Change, Cambridge University Press, Cambridge, UK and New York, USA.
16. Jaccard M. Combining top-down and bottom-up in energy-economy models. International Handbook on the Economics of Energy 2009, 311-331. Edward Elgar, Cheltenham, UK. J. Evans, L.C. Hunt (Eds.).
17. 2 emission reduction costs in the residential sector: behavioral parameters in a bottom-up simulation model. The Energy Journal 1996, 17(4):107-134.
18. Jacobsen H.K. Integrating the bottom-up and top-down approach to energy-economic modelling: the case of Denmark. Energy Economics 1998, 20:443-461.
19. Jaffe, A.B., Newell, R.G., Stavins, R.N., 1999. Energy-Efficient Technologies and Climate Change Policies: Issues and Evidence. Climate Issue Brief No. 19, Resources for the Future, Washington, DC.
20. Jaffe A.B., Stavins R.N. The energy efficiency gap: what does it mean?. Energy Policy 1994, 22:804-810.
21. Joskow P., Marron D. What does a negawatt really cost? Evidence from utility conservation programs. The Energy Journal 1992, 13(4):41-74.
22. Koopmans C.C., te Velde D.W. Bridging the energy efficiency gap: using bottom-up information in a top-down energy demand model. Energy Economics 2001, 23:57-75.
23. Loughran D., Kulick J. Demand side management and energy efficiency in the United States. The Energy Journal 2004, 25(1):19-43.
24. Lovins A.B. Soft Energy Paths: Toward a Durable Peace 1977, Friends of the Earth International, San Francisco and Ballinger Publishing, Cambridge, USA.
25. 2 Problem 1981, Brick House Publishing, Andover, USA.
26. Mau P., Eyzaguirre J., Jaccard M., Collins-Dodd C., Tiedemann K. The neighbour effect: simulating dynamics in consumer preferences for new vehicle technologies. Ecological Economics 2008, 68:504-516.
27. McKinsey&Company, 2007. Reducing US Greenhouse Gas Emissions: How Much at What Cost?
28. McKinsey&Company, 2009. Unlocking Energy Efficiency in the US Economy.
29. Metcalf G., Hassett K. Measuring the energy savings from home improvement investments: evidence from monthly billing data. The Review of Economics and Statistics 1999, 81:516-528.
30. Morris S.C., Goldstein G.A., Fthenakis V.M. NEMS and MARKAL-MACRO models for energy-environmental-economic analysis: a comparison of the electricity and carbon reduction projections. Environmental Modeling and Assessment 2002, 7:207-216.
31. Nadel, S., 1990. Lessons Learned: A Review of Utility Experience with Conservation and Load Management Programs for Commercial and Industrial Customers. Report No. 1064-EEED-AEP-88, American Council for an Energy-Efficient Economy, New York.
32. 2 policies in Sweden. International Journal of Environment and Pollution 1999, 12:323-342.
33. Peters, J., Bataille, C., Rivers, N., Jaccard, M., 2010. Taxing Emissions, Not Income: How to Moderate the Regional Impact of Federal Environment Policy. Commentary No. 314, C.D. Howe Institute.
34. Pindyck R. Irreversibility, uncertainty and investment. Journal of Economic Literature 1991, 29:1110-1152.
35. Rivers N., Jaccard M. Useful models for simulating policies to induce technological change. Energy Policy 2006, 34:2038-2047.
36. Sanstad A.H., DeCanio S.J., Boyd G.A., Koomey J.G. Estimating bounds on the economy-wide effects of the CEF policy scenarios. Energy Policy 2001, 29:1299-1311.
37. Sebold F., Fox E. Realized savings from residential conservation activity. The Energy Journal 1985, 6(2):73-88.
38. Sutherland R.J. Market barriers to energy efficiency investments. The Energy Journal 1991, 12(3):15-34.
39. von Weizsäcker E.U., Lovins A.B., Lovins L.H. Factor Four: Doubling Wealth, Halving Resource Use 1997, Earthscan Publications, London.