Seminars & webinars
8 October, 2015

Rebound Effects in Europe

Where: Milano

Fondazione Eni Enrico Mattei
Corso Magenta 63
20123 Milan

at FEEM Venice

How to reach: Google map
Event's Timetable:

h. 12.00 Seminar


Seminars Office,


Elena Verdolini, Fondazione Eni Enrico Mattei


This seminar is based on a paper co-authored by Elena Verdolini and Michele Maurizio Malpede.

The term "rebound effect" indicates a reduction in the expected gains associated with increases the energy efficiency due to behavioural or other systemic responses. Specifically, increased energy efficiency can be seen as a reduction in the relative price of using energy. As a result, demand for energy would increase, partly offsetting the benefits of the energy efficiency improvement. In this paper, we apply the methodology of Saunders (2013) to estimate the rebound effect for 5 major European economies (Germany, France, Italy, the UK and Spain) over the years 1995-2009. We show that computing rebound estimates only accounting for improvements in the efficiency of energy use gives rise to estimated in the range of 50-60\%. Conversely, if the methodology accounts for improvements in all factors of production (labor, capital, energy and material), results consistently indicate historic back-fire. This analysis suggests that the emission reduction potential of energy efficiency improvements should be carefully assessed, as it may currently be overstated.

Download file
Download PDF file
Download file
Download PDF file
Rebound Effects in Europe

FEEM Newsletter & Update

Subscribe to stay connected.

Your personal data will be processed by Fondazione Eni Enrico Mattei. – data Controller – with the aim of emailing the FEEM newsletter & Update. The use of Your email address is necessary for the implementation of the newsletter service. You are invited to read the Privacy Policy in order to obtain additional information about the protection of Your rights.

This Website uses technical cookies and cookie analytics, as well as “third party” profiling cookies.
If you close this banner or you decide to continue navigating on this Website, you express consent to the use of cookies. If you need additional information or you wish to express selective choices on the use of cookies, please refer to the   Cookie PolicyI agree