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8 December 2021

Behavioural economics, energy and climate policy: Lessons from the last three decades

Webinar video recording

Webinar: Wednesday 8th December – 2:00pm to 3:30pm

The BIEE’s Energy seminar series aims to promote discussion of broader issues of energy policy, cutting across sectoral concerns, in an independent and non-partisan environment. The seminars feature speaker presentations as well as an opportunity for audience members to participate in extended Q&A and contribute to the discussion.

The BIEE’s fourth webinar in 2021 will explore the topic of behavioural economics, energy and climate policy with guest speaker Luis Mundaca (Lund University).

Behavioural economics, energy and climate policy: Lessons from the last three decades

There has been growing scientific and policy attention on the role of behavioural economics to advance energy and climate mitigation policies. With a strong focus on consumers, several initiatives have been implemented around the world to, for example, promote energy conservation or boost the market uptake of electricity from renewable energy sources. The body of knowledge is growing fast and the energy sector and policy makers are increasingly asking, what are the main lessons learnt?

In this webinar, we take a close look at behavioural economics as applied to energy use and climate mitigation. We briefly review the conceptual and methodological foci in this context, and discuss several applications implemented over the last three decades. Particular attention is given to the impacts, uncertainties and implications for policymaking.

Speaker

Professor Luis Mundaca

Lund University, Sweden

Professor Luis Mundaca

Lund University, Sweden

Luis is Professor of Low-Carbon and Resource Efficient Economics and Policy at the International Institute for Industrial Environmental Economics (IIIEE) at Lund University, Sweden. He has over 20 years of experience working on the analysis of energy and climate policy. At the IIIEE, he leads the ‘Behavioural Insights Lab for Sustainable Energy Use and Rapid Decarbonisation’. Luis has advised numerous energy companies, international agencies and government ministries across the Americas, Asia and in Europe. He has served as a Lead Author on the 5th IPCC Assessment Report on Climate Change Mitigation (Working Group III) and the Global Energy Assessment. He was also a Lead Author on the IPCC ‘Special Report on Global Warming of 1.5ᵒC’. He sits on the editorial boards of ‘Applied Energy’, ‘Climate and Development’, and ‘Energy, Sustainability & Society’.

Chair

Melanie Sawaryn

bp / Advisor for Natural Gas

Melanie Sawaryn

bp / Advisor for Natural Gas

Mel is Advisor for Natural Gas working in bp’s Economic and Energy Insights team. She has worked in the energy industry for over 10 years with a focus on global gas and LNG market analysis. She joined bp in 2018, initially working in the company’s Trading and Shipping division, developing long term fundamental insight in support of the LNG bench’s origination strategy. She has previously held leadership roles in Platts Analytics’ (formerly Eclipse Energy) European gas and LNG market analysis teams in London and Denver. She has a BSc in Geography with Economics from the London School of Economics.

Resources

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I think consumer power is becoming much more impprtnat in eth energy sector. I'd be interested to hear about consumer behaviour buying goods like PV panels or EVs, as well as behaviours like being energy efficient. Can we use both routes to forward climate action?

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