LAPSE:2023.15652
Published Article

LAPSE:2023.15652
The Impact of Energy Policies on the Energy Efficiency Performance of Residential Properties in Portugal
March 2, 2023
Abstract
The effect of energy policies on the energy performance of residential properties/houses in nineteen Portuguese districts from 2014 to 2021 was investigated. A linear random-effects model regression was used as the method in this empirical investigation. The empirical results indicated that the income per capita has a negative effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a positive impact on residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the codes and standards energy policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A, B, and B−) and residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the fiscal and financial incentive policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect on residential properties with B− energy certificate, and also a negative effect on residential properties with low energy efficiency certificates (e.g., C and D) and a positive effect on residential properties with an F energy certificate; the information and education policies of energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and residential properties with low energy efficiency certificates (e.g., C, D, and E); and, finally, the consumer credit per capita has a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect on residential properties with low energy efficiency certificates (e.g., C, D, and F), as well as a positive effect on residential properties with an F energy certificate.
The effect of energy policies on the energy performance of residential properties/houses in nineteen Portuguese districts from 2014 to 2021 was investigated. A linear random-effects model regression was used as the method in this empirical investigation. The empirical results indicated that the income per capita has a negative effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a positive impact on residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the codes and standards energy policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A, B, and B−) and residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the fiscal and financial incentive policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect on residential properties with B− energy certificate, and also a negative effect on residential properties with low energy efficiency certificates (e.g., C and D) and a positive effect on residential properties with an F energy certificate; the information and education policies of energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and residential properties with low energy efficiency certificates (e.g., C, D, and E); and, finally, the consumer credit per capita has a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect on residential properties with low energy efficiency certificates (e.g., C, D, and F), as well as a positive effect on residential properties with an F energy certificate.
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Keywords
econometrics, Energy Efficiency, EPCs, incentive policies, Portugal
Subject
Suggested Citation
Fuinhas JA, Koengkan M, Silva N, Kazemzadeh E, Auza A, Santiago R, Teixeira M, Osmani F. The Impact of Energy Policies on the Energy Efficiency Performance of Residential Properties in Portugal. (2023). LAPSE:2023.15652
Author Affiliations
Fuinhas JA: CeBER and Faculty of Economics, University of Coimbra, Av. Dias da Silva 165, 3004-512 Coimbra, Portugal [ORCID]
Koengkan M: GOVCOPP-DEGEIT, University of Aveiro, 3810-193 Aveiro, Portugal [ORCID]
Silva N: CeBER and Faculty of Economics, University of Coimbra, Av. Dias da Silva 165, 3004-512 Coimbra, Portugal [ORCID]
Kazemzadeh E: Department of Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 1357, Iran [ORCID]
Auza A: Faculty of Economics, University of Coimbra, 3004-512 Coimbra, Portugal
Santiago R: NECE-UBI and Management and Economics Department, University of Beira Interior, 6200-209 Covilhã, Portugal [ORCID]
Teixeira M: Department of Economics, Federal Fluminense University, Niteroi 24210-201, Brazil [ORCID]
Osmani F: Department of Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 1357, Iran
Koengkan M: GOVCOPP-DEGEIT, University of Aveiro, 3810-193 Aveiro, Portugal [ORCID]
Silva N: CeBER and Faculty of Economics, University of Coimbra, Av. Dias da Silva 165, 3004-512 Coimbra, Portugal [ORCID]
Kazemzadeh E: Department of Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 1357, Iran [ORCID]
Auza A: Faculty of Economics, University of Coimbra, 3004-512 Coimbra, Portugal
Santiago R: NECE-UBI and Management and Economics Department, University of Beira Interior, 6200-209 Covilhã, Portugal [ORCID]
Teixeira M: Department of Economics, Federal Fluminense University, Niteroi 24210-201, Brazil [ORCID]
Osmani F: Department of Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 1357, Iran
Journal Name
Energies
Volume
15
Issue
3
First Page
802
Year
2022
Publication Date
2022-01-22
ISSN
1996-1073
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Original Submission
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PII: en15030802, Publication Type: Journal Article
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LAPSE:2023.15652
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