IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v140y2020ics030142152030166x.html
   My bibliography  Save this article

Understanding technology ownership to reveal adoption trends for energy efficiency measures in the Greek residential sector

Author

Listed:
  • Spyridaki, Niki-Artemis
  • Stavrakas, Vassilis
  • Dendramis, Yiannis
  • Flamos, Alexandros

Abstract

This article explores technology ownership patterns to reveal adoption trends for energy efficiency measures (EEMs) in the Greek residential sector. To do so, we couple observational survey data with discrete choice modeling. Household preferences are revealed through EEMs owned by Greek householders, after having been questioned for a variety of end-use measures and details about their specification. Our results confirm prior evidence on traditional determinants οf technology adoption and extend those by validating that households familiar with information and communication technologies (ICTs) are more likely to own EEMs with smart features. We were also able to highlight the positive influence of participation in subsidy, as well as other support programmes for vulnerable consumers in households’ ownership of EEMs. Our results are then used to simulate the change in technology ownership rates, under no and full participation in a subsidy programme, for three income levels. Simulation outcomes suggest that, for almost all EEMs, the probability for technology ownership is greater for higher-income households benefitting from a subsidy. Nevertheless, the change in the probability of technology ownership due to the subsidy is larger for low- and medium-income households participating in the programme, further encouraging, thus, support for financial policies targeting lower-income households.

Suggested Citation

  • Spyridaki, Niki-Artemis & Stavrakas, Vassilis & Dendramis, Yiannis & Flamos, Alexandros, 2020. "Understanding technology ownership to reveal adoption trends for energy efficiency measures in the Greek residential sector," Energy Policy, Elsevier, vol. 140(C).
    • Handle: RePEc:eee:enepol:v:140:y:2020:i:c:s030142152030166x
    DOI: 10.1016/j.enpol.2020.111413
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S030142152030166X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2020.111413?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Nair, Gireesh & Gustavsson, Leif & Mahapatra, Krushna, 2010. "Factors influencing energy efficiency investments in existing Swedish residential buildings," Energy Policy, Elsevier, vol. 38(6), pages 2956-2963, June.
    2. Mills, Bradford & Schleich, Joachim, 2014. "Household transitions to energy efficient lighting," Energy Economics, Elsevier, vol. 46(C), pages 151-160.
    3. Spyridaki, Niki-Artemis & Banaka, Stefania & Flamos, Alexandros, 2016. "Evaluating public policy instruments in the Greek building sector," Energy Policy, Elsevier, vol. 88(C), pages 528-543.
    4. Radenković, Miloš & Bogdanović, Zorica & Despotović-Zrakić, Marijana & Labus, Aleksandra & Lazarević, Saša, 2020. "Assessing consumer readiness for participation in IoT-based demand response business models," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    5. Michelsen, Carl Christian & Madlener, Reinhard, 2012. "Homeowners' preferences for adopting innovative residential heating systems: A discrete choice analysis for Germany," Energy Economics, Elsevier, vol. 34(5), pages 1271-1283.
    6. Mills, Bradford F. & Schleich, Joachim, 2010. "Why don't households see the light?: Explaining the diffusion of compact fluorescent lamps," Resource and Energy Economics, Elsevier, vol. 32(3), pages 363-378, August.
    7. Panagiotis Anagnostopoulos & Niki-Artemis Spyridaki & Alexandros Flamos, 2017. "A “New-Deal” for the Development of Photovoltaic Investments in Greece? A Parametric Techno-Economic Assessment," Energies, MDPI, vol. 10(8), pages 1-25, August.
    8. Gelegenis, J. & Diakoulaki, D. & Lampropoulou, H. & Giannakidis, G. & Samarakou, M. & Plytas, N., 2014. "Perspectives of energy efficient technologies penetration in the Greek domestic sector, through the analysis of Energy Performance Certificates," Energy Policy, Elsevier, vol. 67(C), pages 56-67.
    9. Joshua Graff Zivin and Kevin Novan, 2016. "Upgrading Efficiency and Behavior: Electricity Savings from Residential Weatherization Programs," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    10. Andrew Leicester & George Stoye, 2017. "Factors Associated with the Presence of Domestic Energy Efficiency Measures in England," Fiscal Studies, Institute for Fiscal Studies, vol. 38, pages 331-356, June.
    11. Mills, Bradford & Schleich, Joachim, 2010. "What's driving energy efficient appliance label awareness and purchase propensity?," Energy Policy, Elsevier, vol. 38(2), pages 814-825, February.
    12. Li, Jia & Just, Richard E., 2018. "Modeling household energy consumption and adoption of energy efficient technology," Energy Economics, Elsevier, vol. 72(C), pages 404-415.
    13. Tyralis, Hristos & Karakatsanis, Georgios & Tzouka, Katerina & Mamassis, Nikos, 2017. "Exploratory data analysis of the electrical energy demand in the time domain in Greece," Energy, Elsevier, vol. 134(C), pages 902-918.
    14. Boudet, Hilary S. & Flora, June A. & Armel, K. Carrie, 2016. "Clustering household energy-saving behaviours by behavioural attribute," Energy Policy, Elsevier, vol. 92(C), pages 444-454.
    15. Papada, Lefkothea & Kaliampakos, Dimitris, 2016. "Measuring energy poverty in Greece," Energy Policy, Elsevier, vol. 94(C), pages 157-165.
    16. Dendramis, Y. & Tzavalis, E. & Varthalitis, P. & Athanasiou, E., 2020. "Predicting default risk under asymmetric binary link functions," International Journal of Forecasting, Elsevier, vol. 36(3), pages 1039-1056.
    17. Meredith Fowlie & Michael Greenstone & Catherine Wolfram, 2018. "Do Energy Efficiency Investments Deliver? Evidence from the Weatherization Assistance Program," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(3), pages 1597-1644.
    18. Willis, Ken & Scarpa, Riccardo & Gilroy, Rose & Hamza, Neveen, 2011. "Renewable energy adoption in an ageing population: Heterogeneity in preferences for micro-generation technology adoption," Energy Policy, Elsevier, vol. 39(10), pages 6021-6029, October.
    19. Sardianou, Eleni, 2007. "Estimating energy conservation patterns of Greek households," Energy Policy, Elsevier, vol. 35(7), pages 3778-3791, July.
    20. Stavrakas, Vassilis & Papadelis, Sotiris & Flamos, Alexandros, 2019. "An agent-based model to simulate technology adoption quantifying behavioural uncertainty of consumers," Applied Energy, Elsevier, vol. 255(C).
    21. Balta-Ozkan, Nazmiye & Davidson, Rosemary & Bicket, Martha & Whitmarsh, Lorraine, 2013. "Social barriers to the adoption of smart homes," Energy Policy, Elsevier, vol. 63(C), pages 363-374.
    22. Corrado Di Maria & Susana Ferreira & Emiliya Lazarova, 2010. "Shedding Light On The Light Bulb Puzzle: The Role Of Attitudes And Perceptions In The Adoption Of Energy Efficient Light Bulbs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(1), pages 48-67, February.
    23. Heiskanen, Eva & Matschoss, Kaisa, 2017. "Understanding the uneven diffusion of building-scale renewable energy systems: A review of household, local and country level factors in diverse European countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 580-591.
    24. Pettifor, H. & Wilson, C. & Chryssochoidis, G., 2015. "The appeal of the green deal: Empirical evidence for the influence of energy efficiency policy on renovating homeowners," Energy Policy, Elsevier, vol. 79(C), pages 161-176.
    25. Mills, Bradford & Schleich, Joachim, 2012. "Residential energy-efficient technology adoption, energy conservation, knowledge, and attitudes: An analysis of European countries," Energy Policy, Elsevier, vol. 49(C), pages 616-628.
    26. Droutsa, Kalliopi G. & Kontoyiannidis, Simon & Dascalaki, Elena G. & Balaras, Constantinos A., 2016. "Mapping the energy performance of hellenic residential buildings from EPC (energy performance certificate) data," Energy, Elsevier, vol. 98(C), pages 284-295.
    27. Forouli, Aikaterini & Gkonis, Nikolaos & Nikas, Alexandros & Siskos, Eleftherios & Doukas, Haris & Tourkolias, Christos, 2019. "Energy efficiency promotion in Greece in light of risk: Evaluating policies as portfolio assets," Energy, Elsevier, vol. 170(C), pages 818-831.
    28. Urban, Jan & Ščasný, Milan, 2012. "Exploring domestic energy-saving: The role of environmental concern and background variables," Energy Policy, Elsevier, vol. 47(C), pages 69-80.
    29. Spyridaki, N.-A. & Flamos, A., 2014. "A paper trail of evaluation approaches to energy and climate policy interactions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 1090-1107.
    30. Balaras, Constantinos A. & Dascalaki, Elena G. & Droutsa, Kalliopi G. & Kontoyiannidis, Simon, 2016. "Empirical assessment of calculated and actual heating energy use in Hellenic residential buildings," Applied Energy, Elsevier, vol. 164(C), pages 115-132.
    31. Filippini, Massimo & Hunt, Lester C. & Zorić, Jelena, 2014. "Impact of energy policy instruments on the estimated level of underlying energy efficiency in the EU residential sector," Energy Policy, Elsevier, vol. 69(C), pages 73-81.
    32. Long, James E., 1993. "An econometric analysis of residential expenditures on energy conservation and renewable energy sources," Energy Economics, Elsevier, vol. 15(4), pages 232-238, October.
    33. Kenneth Gillingham, Matthew Harding, and David Rapson, 2012. "Split Incentives in Residential Energy Consumption," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    34. Dascalaki, E.G. & Balaras, C.A. & Gaglia, A.G. & Droutsa, K.G. & Kontoyiannidis, S., 2012. "Energy performance of buildings—EPBD in Greece," Energy Policy, Elsevier, vol. 45(C), pages 469-477.
    35. Schleich, Joachim, 2019. "Energy efficient technology adoption in low-income households in the European Union – What is the evidence?," Energy Policy, Elsevier, vol. 125(C), pages 196-206.
    36. Mills, Bradford F. & Schleich, Joachim, 2009. "Profits or preferences? Assessing the adoption of residential solar thermal technologies," Energy Policy, Elsevier, vol. 37(10), pages 4145-4154, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vangelis Marinakis & Alexandros Flamos & Giorgos Stamtsis & Ioannis Georgizas & Yannis Maniatis & Haris Doukas, 2020. "The Efforts towards and Challenges of Greece’s Post-Lignite Era: The Case of Megalopolis," Sustainability, MDPI, vol. 12(24), pages 1-21, December.
    2. Elissaios Sarmas & Vangelis Marinakis & Haris Doukas, 2022. "A data-driven multicriteria decision making tool for assessing investments in energy efficiency," Operational Research, Springer, vol. 22(5), pages 5597-5616, November.
    3. Niki-Artemis Spyridaki & Nikos Kleanthis & Dimitra Tzani & Mia Dragović Matosović & Alexandros Flamos, 2020. "A City Capability Assessment Framework Focusing on Planning, Financing, and Implementing Sustainable Energy Projects," Sustainability, MDPI, vol. 12(20), pages 1-23, October.
    4. Ahmad, Munir & Khan, Irfan & Shahzad Khan, Muhammad Qaiser & Jabeen, Gul & Jabeen, Hafiza Samra & Işık, Cem, 2023. "Households' perception-based factors influencing biogas adoption: Innovation diffusion framework," Energy, Elsevier, vol. 263(PE).
    5. Chappin, Emile J.L. & Schleich, Joachim & Guetlein, Marie-Charlotte & Faure, Corinne & Bouwmans, Ivo, 2022. "Linking of a multi-country discrete choice experiment and an agent-based model to simulate the diffusion of smart thermostats," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    6. Koasidis, Konstantinos & Marinakis, Vangelis & Nikas, Alexandros & Chira, Katerina & Flamos, Alexandros & Doukas, Haris, 2022. "Monetising behavioural change as a policy measure to support energy management in the residential sector: A case study in Greece," Energy Policy, Elsevier, vol. 161(C).
    7. Tzani, Dimitra & Stavrakas, Vassilis & Santini, Marion & Thomas, Samuel & Rosenow, Jan & Flamos, Alexandros, 2022. "Pioneering a performance-based future for energy efficiency: Lessons learnt from a comparative review analysis of pay-for-performance programmes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Henningsen, Geraldine & Wiese, Catharina, 2019. "Do Household Characteristics Really Matter? A Meta-Analysis on the Determinants of Households’ Energy-Efficiency Investments," MPRA Paper 101701, University Library of Munich, Germany.
    2. Schleich, Joachim & Gassmann, Xavier & Faure, Corinne & Meissner, Thomas, 2016. "Making the implicit explicit: A look inside the implicit discount rate," Energy Policy, Elsevier, vol. 97(C), pages 321-331.
    3. Olsthoorn, Mark & Schleich, Joachim & Faure, Corinne, 2019. "Exploring the diffusion of low-energy houses: An empirical study in the European Union," Energy Policy, Elsevier, vol. 129(C), pages 1382-1393.
    4. Baldini, Mattia & Trivella, Alessio & Wente, Jordan William, 2018. "The impact of socioeconomic and behavioural factors for purchasing energy efficient household appliances: A case study for Denmark," Energy Policy, Elsevier, vol. 120(C), pages 503-513.
    5. Schleich, Joachim & Faure, Corinne & Meissner, Thomas, 2021. "Adoption of retrofit measures among homeowners in EU countries: The effects of access to capital and debt aversion," Energy Policy, Elsevier, vol. 149(C).
    6. Schleich, Joachim, 2019. "Energy efficient technology adoption in low-income households in the European Union – What is the evidence?," Energy Policy, Elsevier, vol. 125(C), pages 196-206.
    7. Kurdgelashvili, Lado & Shih, Cheng-Hao & Yang, Fan & Garg, Mehul, 2019. "An empirical analysis of county-level residential PV adoption in California," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 321-333.
    8. Mills, Bradford & Schleich, Joachim, 2012. "Residential energy-efficient technology adoption, energy conservation, knowledge, and attitudes: An analysis of European countries," Energy Policy, Elsevier, vol. 49(C), pages 616-628.
    9. Mills, Bradford & Schleich, Joachim, 2014. "Household transitions to energy efficient lighting," Energy Economics, Elsevier, vol. 46(C), pages 151-160.
    10. Wilson, C. & Pettifor, H. & Chryssochoidis, G., 2018. "Quantitative modelling of why and how homeowners decide to renovate energy efficiently," Applied Energy, Elsevier, vol. 212(C), pages 1333-1344.
    11. Ang, James B. & Fredriksson, Per G. & Sharma, Swati, 2020. "Individualism and the adoption of clean energy technology," Resource and Energy Economics, Elsevier, vol. 61(C).
    12. Morton, Craig & Wilson, Charlie & Anable, Jillian, 2018. "The diffusion of domestic energy efficiency policies: A spatial perspective," Energy Policy, Elsevier, vol. 114(C), pages 77-88.
    13. Schleich, Joachim & Gassmann, Xavier & Meissner, Thomas & Faure, Corinne, 2023. "Making the factors underlying the implicit discount rate tangible," Energy Policy, Elsevier, vol. 177(C).
    14. Dong, Xiao & Klaiber, H. Allen, 2019. "Consumer stockpiling in response to the U.S. EISA “light bulb ban”," Energy Economics, Elsevier, vol. 81(C), pages 566-576.
    15. Drivas, Kyriakos & Rozakis, Stelios & Xesfingi, Sofia, 2019. "The effect of house energy efficiency programs on the extensive and intensive margin of lower-income households’ investment behavior," Energy Policy, Elsevier, vol. 128(C), pages 607-615.
    16. Canepa, Alessandra & Fontana, Magda & Chersoni, Giulia, 2021. "The Role of Environmental and Financial Concerns on Energy-Saving Investments: A Stochastic Dominance Analysis," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202109, University of Turin.
    17. Bauwens, Thomas, 2019. "Analyzing the determinants of the size of investments by community renewable energy members: Findings and policy implications from Flanders," Energy Policy, Elsevier, vol. 129(C), pages 841-852.
    18. Schlomann, Barbara & Schleich, Joachim, 2015. "Adoption of low-cost energy efficiency measures in the tertiary sector—An empirical analysis based on energy survey data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 1127-1133.
    19. Faure, Corinne & Schleich, Joachim, 2020. "Poor energy ratings when appliances convey?," Energy Policy, Elsevier, vol. 139(C).
    20. Niki-Artemis Spyridaki & Anastasia Ioannou & Alexandros Flamos, 2016. "How Can the Context Affect Policy Decision-Making: The Case of Climate Change Mitigation Policies in the Greek Building Sector," Energies, MDPI, vol. 9(4), pages 1-22, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:140:y:2020:i:c:s030142152030166x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.