Mapping energy efficiency barriers

Abstract

In the E2KW Conference we present the research we are following in collaboration with ANESE (Asociación de Empresas de Servicios Energéticos) to check the interaction among barriers that previous studies have identified. We focus our research question in the information problems that include a number of specific problems such as lack of information, asymmetric information and the well-documented principle-agent problem. Asymmetric information problems occur when one party involved in a transaction has more information that the other, which may lead to suboptimal energy decisions. The fact that energy efficiency cannot be observed (ie. it is ?invisible?) further intensifies this asymmetric information barrier.