About

Daire McCoy is a Principal Economist at Ofgem and a Visiting Fellow at the LSE Grantham Research Institute. His primary role at Ofgem has been to set up an evaluation unit and deliver a related programme of work across energy markets and infrastructure. Daire is also on the editorial board of the journal Energy Efficiency and on the Advisory Boards of The Energy Demand Observatory and Laboratory at University College London and the University of Oxford and The Centre for Energy Policy at the University of Strathclyde.

Background

Prior to joining Ofgem, he was Head of Behavioural Economics at the Sustainable Energy Authority of Ireland. Before joining the public sector, he spent 10 years in academia, as Assistant Research Professor at the London School of Economics, Grantham Research Institute and also at the Economic and Social Research Institute in Dublin. Daire has consulted for the OECD, the European Commission, national governments and the private sector.

He holds a PhD in energy economics from Trinity College Dublin along with undergraduate and master’s degrees in statistics and economics from University College Dublin.

Research Interests

  • energy and environmental economics
  • energy efficiency
  • consumer welfare and behaviour
  • policy design and evaluation

Research

Research - 2022

This research uses a novel experiment to elicit the willingness to accept of 2,430 nationally representative UK households for smart meter installation. Randomized information treatments allow for assessment of the impact on adoption and willingness to accept of oft-cited market failures, namely imperfect information asymmetries and diffusion externalities Read more

Research - 2021

Research - 2020

This paper describes an experiment on a nationally representative sample of UK households that aimed to quantify resistance to smart meter adoption and test for the existence of commonly cited market failures that inhibit the adoption of energy-saving technologies. The authors measured if households would adopt a smart meter without financial compensation and, for those households unwilling to do so, the subsidy level that would be necessary to persuade them. Read more

Research - 2018

Research - 2017

Policy

Policy - 2021

Policy - 2019

Policy - 2018

Policy - 2017

Events

Events - 2023

Events - 2018

News

News - 2019

News - 2017

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