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Motivations for Investment in Smart Technologies and Energy Efficiency (MISTEE): The Case of Residential Buildings
Project responsable Mehdi Farsi
Martin Jakob
   
Team member Sylvain Weber
Benedikt Maciosek

Jonas Müller
   
Abstract Along with energy innovations and related business models, there aris-es a paradigm shift in households’ investment in buildings’ energy effi-ciency and smart technologies. We argue that this shift needs to be adequately addressed in Switzerland’s energy policy. Various invest-ment opportunities especially in renewable energy sources, now availa-ble to both owners and tenants, bring about new trade-offs with previ-ously available investment options. New investment opportunities call for adapted policies, hence a need for understanding individual invest-ment motivations and barriers. We propose two micro-level surveys to study the decision mechanisms and motivations for household invest-ments for building owners as well as tenants of residential buildings. In particular we study the impact of various trade-offs on investment be-haviour across several groups of households. We apply a stated-preferences method to a sample of households including tenants. Moreover, we use the revealed-preferences approach for a sample of owners that benefited from existing subsidies.
   
Keywords Energy Efficiency, Residential Buildings, Renewable Energy
   
Type of project Applied research project
Research area Energy Economics
Method of financing Swiss Federal Office of Energy
Status Ongoing
Start of project 1-9-2019
End of project 31-6-2022
Contact Mehdi Farsi