Energy Efficiency, Market Failures, and Government Policy

Date Published
03/1994
Publication Type
Report
Authors
LBL Report Number
LBNL-35376
Abstract

This paper presents a framework for evaluating engineering-economic evidence on the diffusion of energy efficiency improvements. Four examples are evaluated within this framework. The analysis provides evidence of market failures related to energy efficiency. Specific market failures that may impede the adoption of cost-effective energy efficiency are discussed. Two programs that have had a major impact in overcoming these market failures, utility DSM programs and appliance standards, are described

Year of Publication
1994
Pagination
42
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