The project seeks to advance the understanding of consumer decisions in relation to both the use of energy and the adoption of energy-efficient technologies. By paring with energy utilities and retailers in different European countries, the project will conduct field experiments through A/B testing which will enhance the design of policies aiming at maximizing energy efficient behaviors. PENNY will address the two distinct decisions in the energy efficiency space: energy usage, and adoption of energy efficient products.
The project will use novel data from different European countries to take into consideration institutional and political factors. PENNY will assess the impacts of different energy efficiency policies in a medium-term perspective and the role of energy efficiency in strengthening the Paris climate agreement to limit the global warming to 1.5-2 degrees Celtius.
The project brings together interdisciplinary research teams, with expertise in psychology, sociology, energy economics and policy, behavioural science and information technology. The project is coordinated by Fondazione Eni Enrico Mattei – FEEM, for a total of 6 partners (ETH Zurich, University of Münster, University of Groningen, University of Debrecen and Politecnico of Milan).