A Review on Energy Consumption from a Socio-Economic Perspective: Reduction Through Energy Efficiency and Beyond

34 Pages Posted: 9 Jan 2014

See all articles by Stephan Schmidt

Stephan Schmidt

University of Basel

Hannes Weigt

WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel

Date Written: December 17, 2013

Abstract

Reducing energy demand and increasing energy efficiency are seen as major elements of the ongoing transformation of energy systems in multiple national and international programs like the EU 20-20-20 targets. Despite the predominately socio-economic nature of energy demand such interdisciplinary viewpoints – albeit on the rise – are still the minority within energy related research. In this paper we provide a review on energy demand both from an economics and a social science perspective. In particular, we aim to identify potential fields for combined socio-economic research efforts oriented at three questions: ‘What drives energy demand?’, ‘Why do consumers behave the way they do?’ and finally ‘How can (end user) energy consumption be influenced?’.

Keywords: energy consumption, energy efficiency, energy conservation, economics, sociology, political science

Suggested Citation

Schmidt, Stephan and Weigt, Hannes, A Review on Energy Consumption from a Socio-Economic Perspective: Reduction Through Energy Efficiency and Beyond (December 17, 2013). Available at SSRN: https://ssrn.com/abstract=2376169 or http://dx.doi.org/10.2139/ssrn.2376169

Stephan Schmidt

University of Basel ( email )

Petersplatz 1
Basel, CH-4003
Switzerland

Hannes Weigt (Contact Author)

WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel ( email )

Basel, 4051
Switzerland

HOME PAGE: http://fonew.unibas.ch/

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