Energy efficiency and the limits of market forces: The example of the electric motor market in France

Energy efficiency and the limits of market forces: The example of the electric motor market in... This paper addresses the limits of market forces as the exclusive driving force for energy efficiency. The electric motor market in France is analysed, with particular emphasis on the structure and functioning of the market, as well as the decision-making practices of the main agents. The study shows that market forces are constrained by the variety of transaction types and by the decision-making practices of agents, in an environment characterised by lack of information and split incentives for adopting energy-efficient technological options. The paper argues that public intervention is a necessary condition for organising the market and promoting energy efficiency. The article points out the main obstacles to the diffusion of efficient electric motor technologies and suggests some initiatives for market transformation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Energy Policy Elsevier

Energy efficiency and the limits of market forces: The example of the electric motor market in France

Loading next page...
 
/lp/elsevier/energy-efficiency-and-the-limits-of-market-forces-the-example-of-the-4Fq3SlNavq
Publisher site
See Article on Publisher Site

Abstract

This paper addresses the limits of market forces as the exclusive driving force for energy efficiency. The electric motor market in France is analysed, with particular emphasis on the structure and functioning of the market, as well as the decision-making practices of the main agents. The study shows that market forces are constrained by the variety of transaction types and by the decision-making practices of agents, in an environment characterised by lack of information and split incentives for adopting energy-efficient technological options. The paper argues that public intervention is a necessary condition for organising the market and promoting energy efficiency. The article points out the main obstacles to the diffusion of efficient electric motor technologies and suggests some initiatives for market transformation.

Journal

Energy PolicyElsevier

Published: Jul 1, 1998

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create folders to
organize your research

Export folders, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off