A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance

The version of record of this article, first published in [Journal name], is available online at Publisher’s website: https://doi.org/10.1007/s12053-022-10035-y

Detalles Bibliográficos
Autores: Dell'Anna, Federico, Marmolejo Duarte, Carlos Ramiro|||0000-0001-7051-7337, Bravi, Marina, Bottero, Marta Carla
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/368098
Acceso en línea:https://hdl.handle.net/2117/368098
https://dx.doi.org/10.1007/s12053-022-10035-y
Access Level:acceso abierto
Palabra clave:Housing -- Prices
Dwellings -- Energy conservation
Sustainable energy financing
Energy decision
Stated preference survey
User perception
Housing market
Habitatge -- Preus
Habitatges -- Estalvi d'energia
Àrees temàtiques de la UPC::Urbanisme
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spelling A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable financeDell'Anna, FedericoMarmolejo Duarte, Carlos Ramiro|||0000-0001-7051-7337Bravi, MarinaBottero, Marta CarlaHousing -- PricesDwellings -- Energy conservationSustainable energy financingEnergy decisionStated preference surveyUser perceptionHousing marketHabitatge -- PreusHabitatges -- Estalvi d'energiaÀrees temàtiques de la UPC::UrbanismeThe version of record of this article, first published in [Journal name], is available online at Publisher’s website: https://doi.org/10.1007/s12053-022-10035-yThe challenges currently facing the EU in the energy sector include increasing import dependence, limited diversification, high and volatile energy prices, decarbonization, and slow progress in energy efficiency. EU energy policy has provided a wide range of measures to achieve an integrated energy market and sustainability of the building sector. Various incentives and financial instruments have been promoted and financed by governments to help consumers in energy retrofit processes. These include direct investments and fiscal, financial, and market instruments. Public measures have been widely studied but private initiatives have not. In this study, the energy-efficiency mortgage (EEM) is investigated as a credit scheme to attract young people to a real estate market for sustainable buildings, characterized by high sale prices. A choice experiment (CE) was modelled to investigate the preferences of potential young buyers of a new home. The results of this exploratory survey showed an appreciation of the purchase of new A-rated properties according to the Energy Performance Certificate, compared to those that need to be retrofitted or not retrofitted. Consumers like the option of a home energy efficiency renovation being fully managed by a third party (i.e., following the one-stop shop model). The key appeal of energy efficiency for consumers ranges from its ability to support better energy management, to better property value management. The EEM seems to be a promising tool to stimulate investments in energy efficiency and to promote the accessibility and affordability of housing in the sustainable housing market. The results of this study can help private financial institutions to propose appropriate credit plans, which limit the risk of default by the borrower. They can also help public incentive policymakers to propose complementary instruments to EEM.Peer Reviewedspringer-Verlag20222022-06-0120222022-06-07journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/2117/368098https://dx.doi.org/10.1007/s12053-022-10035-yreponame:UPCommons. Portal del coneixement obert de la UPCinstname:Universitat Politècnica de Catalunya (UPC)InglésengAgencia Estatal de Investigación http://doi.org/10.13039/501100011033 Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020 PID2019-104561RB-I00 ALLENDE LOS EPC. REQUERIMIENTOS, POTENCIAL Y RIESGOS DE LAS HIPOTECAS DE EFICIENCIA ENERGETICA EN LA PROMOCION RESIDENCIAL EFICIENTE E IMPACTO DE LOS NZEB EN LOS VALORESopen accesshttp://purl.org/coar/access_right/c_abf2Attribution 4.0 Internationalhttp://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:upcommons.upc.edu:2117/3680982026-05-27T15:37:01Z
dc.title.none.fl_str_mv A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
title A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
spellingShingle A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
Dell'Anna, Federico
Housing -- Prices
Dwellings -- Energy conservation
Sustainable energy financing
Energy decision
Stated preference survey
User perception
Housing market
Habitatge -- Preus
Habitatges -- Estalvi d'energia
Àrees temàtiques de la UPC::Urbanisme
title_short A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
title_full A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
title_fullStr A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
title_full_unstemmed A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
title_sort A choice experiment for testing the energy-efficiency mortgage as a tool for promoting sustainable finance
dc.creator.none.fl_str_mv Dell'Anna, Federico
Marmolejo Duarte, Carlos Ramiro|||0000-0001-7051-7337
Bravi, Marina
Bottero, Marta Carla
author Dell'Anna, Federico
author_facet Dell'Anna, Federico
Marmolejo Duarte, Carlos Ramiro|||0000-0001-7051-7337
Bravi, Marina
Bottero, Marta Carla
author_role author
author2 Marmolejo Duarte, Carlos Ramiro|||0000-0001-7051-7337
Bravi, Marina
Bottero, Marta Carla
author2_role author
author
author
dc.subject.none.fl_str_mv Housing -- Prices
Dwellings -- Energy conservation
Sustainable energy financing
Energy decision
Stated preference survey
User perception
Housing market
Habitatge -- Preus
Habitatges -- Estalvi d'energia
Àrees temàtiques de la UPC::Urbanisme
topic Housing -- Prices
Dwellings -- Energy conservation
Sustainable energy financing
Energy decision
Stated preference survey
User perception
Housing market
Habitatge -- Preus
Habitatges -- Estalvi d'energia
Àrees temàtiques de la UPC::Urbanisme
description The version of record of this article, first published in [Journal name], is available online at Publisher’s website: https://doi.org/10.1007/s12053-022-10035-y
publishDate 2022
dc.date.none.fl_str_mv 2022
2022-06-01
2022
2022-06-07
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/2117/368098
https://dx.doi.org/10.1007/s12053-022-10035-y
url https://hdl.handle.net/2117/368098
https://dx.doi.org/10.1007/s12053-022-10035-y
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.relation.none.fl_str_mv Agencia Estatal de Investigación http://doi.org/10.13039/501100011033 Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020 PID2019-104561RB-I00 ALLENDE LOS EPC. REQUERIMIENTOS, POTENCIAL Y RIESGOS DE LAS HIPOTECAS DE EFICIENCIA ENERGETICA EN LA PROMOCION RESIDENCIAL EFICIENTE E IMPACTO DE LOS NZEB EN LOS VALORES
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution 4.0 International
http://creativecommons.org/licenses/by/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Attribution 4.0 International
http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv springer-Verlag
publisher.none.fl_str_mv springer-Verlag
dc.source.none.fl_str_mv reponame:UPCommons. Portal del coneixement obert de la UPC
instname:Universitat Politècnica de Catalunya (UPC)
instname_str Universitat Politècnica de Catalunya (UPC)
reponame_str UPCommons. Portal del coneixement obert de la UPC
collection UPCommons. Portal del coneixement obert de la UPC
repository.name.fl_str_mv
repository.mail.fl_str_mv
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