Heat savings and heat generation technologies: Modelling of residential investment behaviour with local health costs

Erika Zvingilaite and Henrik Klinge Jacobsen

Energy Policy, 2015, vol. 77, issue C, 31-45

Abstract: The trade-off between investing in energy savings and investing in individual heating technologies with high investment and low variable costs in single family houses is modelled for a number of building and consumer categories in Denmark. For each group the private economic cost of providing heating comfort is minimised. The private solution may deviate from the socio-economical optimal solution and we suggest changes to policy to incentivise the individuals to make choices more in line with the socio-economic optimal mix of energy savings and technologies.

Keywords: Energy savings; Externalities; Modelling; Residential heating; Rebound (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:77:y:2015:i:c:p:31-45

DOI: 10.1016/j.enpol.2014.11.032

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