Does the Balance Exist between Cost Efficiency of Different Energy Efficiency Measures? DH Systems Case

Ieva Pakere, Dace Lauka and Dagnija Blumberga
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Ieva Pakere: Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia
Dace Lauka: Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia
Dagnija Blumberga: Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia

Energies, 2020, vol. 13, issue 19, 1-16

Abstract: The main aim of this study is to evaluate the results achieved by implementation of different support policies in form of subsidies for energy efficiency improvements and transition to renewable energy sources. The article compares the energy efficiency measures in district heating systems with other support program. In order to assess the effectiveness of implementation of different renewable energy technologies and energy efficiency projects, the levelized costs of saved energy for different support programs were determined. Authors compared different co-financed projects related to replacement of fossil fuel energy sources in district heating (mainly to biomass) and the installation of new biomass boilers, heat pumps, solar collectors and other local technologies in municipal buildings. Results show that financial support for energy efficiency measures in industrial enterprises and district heating systems has been most cost-effective, mainly due to the low co-financing rate (30%) and the high potential for energy savings in different production processes. Authors have identified the blind-spots within the funding allocation for different municipalities, which is not always dedicated to achieved energy savings.

Keywords: energy efficiency measures; efficient district heating system; cost of saved energy; renewable energy policies (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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