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DOI | 10.1016/j.enpol.2020.112059 |
Evaluation of the efficiency of Chinese energy-saving household appliance subsidy policy: An economic benefit perspective | |
Nie H.; Zhou T.; Lu H.; Huang S. | |
发表日期 | 2021 |
ISSN | 03014215 |
卷号 | 149 |
英文摘要 | China has made great efforts to control energy consumption and reduce environmental pressure in recent decades. In the residential sector, the dramatic increase in the ownership of household appliances has driven the growth of electricity consumption, which calls for effective energy-saving policies. In this study, we exemplified the sales of refrigerators in Beijing, aiming to evaluate the effectiveness of current subsidy policies for stimulating the purchase of energy-efficient household appliances. In specific, we first selected ten pairs of refrigerators from six brands having similar functions, however different in their energy efficiency grades (EEG). By applying a combination of net present value (NPV) difference method and Conversion Method of Electrical Engineering Coefficient, we calculated and compared the changes in the NPV difference and dynamic investment payback period (DIPP) to evaluate the effectiveness of the policy. The results revealed that economic benefits were mainly generated in EEG2; thereby we suggest that the government can cancel subsidies for EEG2 refrigerators, and increase the subsidy amount for EGG1 refrigerators at a potential rate of 24% in the future. © 2020 Elsevier Ltd |
关键词 | Economic benefitEnergy efficiency labelEnergy saving subsidyHousehold appliance |
英文关键词 | Domestic appliances; Energy efficiency; Energy utilization; Investments; Purchasing; Refrigerators; Conversion methods; Difference method; Economic benefits; Electricity-consumption; Energy efficiency grades; Environmental pressures; Net present value; Residential sectors; Economic and social effects; consumption behavior; electricity generation; energy efficiency; energy use; future prospect; household energy; China |
语种 | 英语 |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205277 |
作者单位 | School of Economics and Management, Changchun University of Science and Technology, Changchun, China; Shantou University Business School, Shantou, China; Cardiff University Business School, Cardiff, United Kingdom |
推荐引用方式 GB/T 7714 | Nie H.,Zhou T.,Lu H.,et al. Evaluation of the efficiency of Chinese energy-saving household appliance subsidy policy: An economic benefit perspective[J],2021,149. |
APA | Nie H.,Zhou T.,Lu H.,&Huang S..(2021).Evaluation of the efficiency of Chinese energy-saving household appliance subsidy policy: An economic benefit perspective.Energy Policy,149. |
MLA | Nie H.,et al."Evaluation of the efficiency of Chinese energy-saving household appliance subsidy policy: An economic benefit perspective".Energy Policy 149(2021). |
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