Andreas Gerster What Information Should Smart Meters Provide To Effectively Reduce Energy Consumption?

Andreas Gerster is the Acting Chair of Quantitative Economics at the University of Mannheim. Having completed his doctoral research at the Ruhr Graduate School of Economics, Gerster previously worked as a researcher at the RWI - Leibniz Institute for Economic Research. Gerster’s main research interests include environmental economics and public economics. He was joint recipient of the 2020 IIPF Young Economist Award.

Area of Research

Environmental and Resource Economics

since 2020

Acting Professor of Economics

University of Mannheim (Universität Mannheim) (more details)

Chair in Quantitative Economics

since 2018

RWI Research Fellow

RWI – Leibniz Institute for Economic Research

2019-2020

Postdoctoral Researcher

University of Mannheim (Universität Mannheim) (more details)

Department of Economics

2015-2018

Researcher

RWI – Leibniz Institute for Economic Research

2012-2017

Ph.D.

Ruhr Graduate School in Economics, Essen

2010-2012

M.Sc. in Economics

University of Münster (Westfälische Wilhelms-Universität Münster)

2006-2010

B.Sc. in International Economics and European Studies

University of Tübingen (Eberhard Karls Universität Tübingen)

2009-2010

B.Sc. in International Economics and European Studies

Université Paul Cézanne, Aix-en-Provence

- Canadian Journal of Economics

- Energy Journal

- Economics of Energy & Environmental Policy

- Energy Economics

Prizes

- IIPF Young Economist Award (joint with M. Kramm. 2020)

- USAEE/IAEE Working Paper Best Paper Award (2017)

- RWI Juniorpreis for the best Ph.D. student publication in 2016 at RWI

- “Information Preferences and the Short and Long Run Effects of Information”, funded by the German Research Foundation through CRC TR 224. Principal investigator (PI), EUR 12,000 (2019-2021)

- „Der Einfluss von sozialen Informationen, Anreizen und Gewohnheiten auf den Stromverbrauch privater Haushalte“, funded by Swiss National Science Foundation (SNF, 2015-2017)

- „Energiesparen in privaten Haushalten – ein Randomized Control Trial zur Wirkungsevaluierung einer Endverbrauchersensibilisierung“, funded by Stiftung Mercator (2014-2016)

University of Mannheim (Universität Mannheim)

Mannheim, Germany

For generations, the University of Mannheim has been preparing students to take on leadership roles in business, academia, and society. One of the university’s strengths in this task is its profile, which is characterized by the economic and social sciences. It is in these fields that the University of Mannheim has repeatedly been ranked as one of the top 20 European research institutions. Key focuses of Mannheim researchers include decision-making processes and elections, governance, regulation, competition and innovation, migration and multilingualism, and the culture of change. The campus surrounding Mannheim’s baroque palace is a place where bright minds from across the globe come together to learn, discuss, research, and prepare to make their mark on the world.

Institute

The Collaborative Research Center (CRC) TR 224 – EPoS

The Collaborative Research Center (CRC) TR 224 – EPoS is a cooperation between the University of Bonn and the University of Mannheim. Funded by the German Research Foundation (DFG), it aims to analyze and provide policy proposals that address three key societal challenges: how to promote equality of opportunity; how to regulate markets in light of the internationalization and digitalization of economic activity; and how to safeguard the stability of the financial system.

Map

The rollout of smart electricity meters is gathering pace in the EU as in the US. In this video, ANDREAS GERSTER asks what information smart meters should provide to bring about an optimal reduction in energy consumption. Comparing the effectiveness of aggregate data and appliance specific feedback, Gerster shows that more detailed information can help households to significantly limit their electricity use. Highlighting potential savings for German households of some €500-600M per annum, the research also develops a novel method of cost benefit analysis that can be used in settings where consumer misperceptions are an issue.

LT Video Publication DOI: https://doi.org/10.21036/LTPUB10900

Disaggregate Consumption Feedback and Energy Conservation

  • Mark Andor, Andreas Gerster and Lorenz Goette
  • Published in 2020
Mark Andor, Andreas Gerster and Lorenz Goette. "Disaggregate Consumption Feedback and Energy Conservation." (2020).