Matthieu Glachant, Professor of economics, MINES Paristech, PSL Research University Director, CERNA – Centre for industrial economics
Slides presentation and the article La rénovation thermique réduit-elle vraiment votre facture d’énergie ? in The Conversation
What is the impact of energy renovation of housing on energy consumption? Ex post evaluation on panel data
This article provides an ex post evaluation of the impact of energy renovation works in the residential sector on energy expenditure using data from the Energy Management survey carried out by TNS-SOFRES for the ADEME in 2000 to 2013. The model with fixed effects and instrumental variables identifies a very modest effect of the work since an additional € 1,000 spent leads to an average reduction in the annual energy bill of € 8.29 (or – 0.64%). Consequently, the discounted net profit from the renovation of an average dwelling is very negative. These results question the relevance of subsidies and public aid for renovation if they are motivated solely by energy savings.
If you wish to receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
The Friday Lunch Meeting will be in french and will take place via the tool Zoom.
The link will be communicated once your complete registration
11 am – 12:30 pm