The impact of Minimum Energy Efficiency Standards: some evidence from the London office market

McAllister, P. and Nase, I. (2019) The impact of Minimum Energy Efficiency Standards: some evidence from the London office market. Energy Policy, 132. pp. 714-722. ISSN 0301-4215 doi: 10.1016/j.enpol.2019.05.060

Abstract/Summary

This paper provides a preliminary evaluation of staged introduction of the Minimum Energy Efficiency Standards in England and Wales in the period after announcement but before policy implementation. A process evaluation of the specific policy design focussing on potential sources of policy failure is provided. Drawing upon a database of all EPCs registered for offices in London, preliminary empirical evidence is presented on policy outcomes post-announcement and pre-implementation period. The extent to which EPC G and F rated office buildings in London have improved their EPC rating in anticipation of the introduction of the policy between 2011 until 2017 is analysed. It is found that a maximum of 0.65% of the properties affected by the introduction of minimum standards had modifications that could have been triggered by the policy intervention in the period prior to policy implementation.

Item Type	Article
URI	https://reading-clone.eprints-hosting.org/id/eprint/84242
Identification Number/DOI	10.1016/j.enpol.2019.05.060
Refereed	Yes
Divisions	Henley Business School > Real Estate and Planning
Publisher	Elsevier
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