Photovoltaics and the solar rebound: Evidence for Germany

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dc.contributor.authorFrondel, Manuel
dc.contributor.authorKaestner, Kathrin
dc.contributor.authorSommer, Stephan
dc.contributor.authorVance, Colin
dc.date.accessioned2020-10-05T09:40:41Z
dc.date.available2020-10-05T09:40:41Z
dc.date.issued2020
dc.description.abstractRecent research suggests that households would increase their electricity consumption in the aftermath of installing photovoltaics (PV) panels, a behavioral change commonly referred to as the solar rebound. Drawing on panel data originating from the German Residential Energy Consumption Survey (GRECS), we employ panel estimation methods and the dynamic system estimator developed by Blundell and Bond (1998) to investigate the solar rebound effect, thereby accounting for simultaneity and endogeneity issues relating to PV installation and the electricity price. Our empirical results suggest that PV panel adoption of households hardly reduces the amount of electricity taken from the grid. As we derive theoretically, this outcome implies that the rebound reaches a maximum that is bounded by about 30% for German households. Yet, we are skeptical of whether there is such a large solar rebound effect given the strong economic incentives to feed solar electricty into the public grid in the past.en
dc.identifier.urihttp://hdl.handle.net/2003/39758
dc.identifier.urihttp://dx.doi.org/10.17877/DE290R-21650
dc.language.isoende
dc.relation.ispartofseriesDiscussion Paper / SFB823;27/2020
dc.subjectFeed-in tariffsen
dc.subjectGerman Residential Energy Consumption Survey (GRECS)en
dc.subjectGMM system estimatoren
dc.subject.ddc310
dc.subject.ddc330
dc.subject.ddc620
dc.subject.rswkFotovoltaikanlagede
dc.subject.rswkEnergieverbrauchde
dc.subject.rswkVerbraucherverhaltende
dc.subject.rswkHaushaltde
dc.titlePhotovoltaics and the solar rebound: Evidence for Germanyen
dc.typeTextde
dc.type.publicationtypeworkingPaperde
dcterms.accessRightsopen access
eldorado.secondarypublicationfalsede

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