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August 15, 2016The Energy Journal

Energy Affordability and Subjective Well-Being: Evidence for European Countries

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Authors

HWHeinz WelschPBPhilipp Biermann

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Overview

Analyzed the effect of energy affordability on life satisfaction in Europe, suggesting economic implications for low-income households.

Key Points

  • This research aims to explore how the affordability of energy affects subjective well-being across diverse European countries.
  • Analyzed data on life satisfaction from over 100,000 individuals in 21 European countries from 2002 to 2011.
  • Investigated the effects of electricity, heating oil, and natural gas prices on subjective well-being.
  • Examined variations in effects based on income quartiles.
  • Higher energy prices significantly impact subjective well-being, especially in the lowest income quartile.
  • Effects of energy affordability on well-being are most pronounced when energy expenditures are elevated.
  • Findings align with the theory that increased fuel poverty leads to a stronger relationship between energy prices and well-being.

Cite This Study

Welsch et al. (2016) studied this question.

synapsesocial.com/papers/69d9acf90d540cafc5836dc4https://doi.org/10.5547/01956574.38.3.hwel
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