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ID127907
Title ProperAnalysis of UK policies for domestic energy reduction using an agent based tool
LanguageENG
AuthorLee, Timothy ;  Yao, Runming ;  Coker, Phil
Publication2014.
Summary / Abstract (Note)This paper introduces a new agent-based model, which incorporates the actions of individual homeowners in a long-term domestic stock model, and details how it was applied in energy policy analysis. The results indicate that current policies are likely to fall significantly short of the 80% target and suggest that current subsidy levels need re-examining. In the model, current subsidy levels appear to offer too much support to some technologies, which in turn leads to the suppression of other technologies that have a greater energy saving potential. The model can be used by policy makers to develop further scenarios to find alternative, more effective, sets of policy measures. The model is currently limited to the owner-occupied stock in England, although it can be expanded, subject to the availability of data.
`In' analytical NoteEnergy Policy Vol. 66, No. ; March 2014: p.267-279
Journal SourceEnergy Policy Vol. 66, No. ; March 2014: p.267-279
Key WordsEnergy Policy ;  Energy Saving ;  Energy Conservation ;  Energy Consumption ;  Energy Strategy ;  United Kingdom - UK ;  Domestic Energy Reduction ;  Energy Politics ;  Domestic Energy Supply ;  Domestic Energy Demand ;  Policy Analysis ;  Economic Interest ;  Agent Based Model ;  Alternative Energy Sources ;  Statistical Data Analysis