Regional energy rebound effect The impact of economy-wide and sector level energy efficiency improvement in Georgia, USA》.pdf

Energy Policy 87 (2015) 250–259 Contents lists available at ScienceDirect Energy Policy journal homepage: /locate/enpol Regional energy rebound effect: The impact of economy-wide and sector level energy efficiency improvement in Georgia, USA Xuewei Yu a,n, Juan Moreno-Cruz b, John C. Crittenden a a Brook Byers Institute for Sustainable Systems and School of Civil and Environmental Engineering, Georgia Institute of Technology, 828 West Peachtree St., Suite 320, Atlanta, GA 30332, USA b School of Economics, Georgia Institute of Technology, 221 Bobby Dodd Way, Atlanta, GA 30332, USA H I G H L I G H T S We developed a CGE model to investigate economy-wide energy rebound in Georgia, USA. The CGE model has detailed treatment for different energy inputs for production. The model has a highly disaggregated sector profile helpful for policy making. We compared the economy-wide impact shocks in different epicenter sectors. We analyzed why epicenters generate dramatically different economy-wide impacts. a r t i c l e i n f o a b s t r a c t Article history: Rebound effect is defined as the lost part of ceteris paribus energy savings from improvements on energy Received 3 April 2015 efficiency. In this paper, we investigate economy-wide energy rebound effects by developing a compu- Received in revised form table general equilibrium (CGE) model for Georgia, USA. The model adopts a highly disaggregated sector 11 July 2015 profile and highlights the substitution possibilities between different energy sources in the produc