Mind the Gap [electronic resource]: Quantifying Principal-Agent Problems in Energy Efficiency /
International Energy Agency.
International Energy Agency.
Organisation for Economic Co-operation and Development.
T'Serclaes, Philippine de.
Jollands, Nigel.
Paris : OECD Publishing,
2007.
Mind the Gap is an unprecedented 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 unique 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, 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.
Acknowledgements; Foreword; CONTENTS; Executive Summary; Introduction; THEORY; 1 Market barriers to energy efficiency improvements: locating Principal-Agent problems within the broader context; 2 Agency Theory and Principal-Agent problems; 3 Methodology; COMMERCIAL SECTOR: CASE STUDIES; 4 Principal-Agent problems in the commercial offices sector; 5 Energy use affected by Principal-Agent problems in Japanese commercial office space; 6 Principal-Agent problems in commercial offices in the Netherlands; 7 Principal-Agent problems in commercial office space leasing in Norway
RESIDENTIAL SECTOR: CASE STUDIES8 Principal-Agent problems in the residential sector; 9 Refrigerator, water heater, space heating and residential lighting energy use affected by the Principal-Agent market failure; 10 Space heating in rented houses in the Netherlands; 11 Set-top boxes: energy use affected by the Principal-Agent problem in the United States; END-USE APPLIANCES: CASE STUDIES; 12 Principal-Agent problems in end-use appliances: vending machines; 13 A case study on Principal-Agent problems for Japanese vendingmachines and display cabinets
14 Vending machine energy use in Australia affected by Principal-AgentproblemsCONCLUSIONS; 15 Conclusions and policy implications; 16 Annex and references
"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).
Mind the Gap is an unprecedented 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 unique 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, 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.
Energy conservation.
Energy consumption.
Energy policy.