Incentives for Improving Energy Efficiency When Renovating Large-Scale Housing Estates: A Case Study of the Swedish Million Homes Programme

Lovisa Högberg, Hans Lind and Kristina Grange
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Lovisa Högberg: Division of Building & Real Estate Economics, KTH Royal Institute of Technology, Drottning Kristinas väg 30, SE-100 44 Stockholm, Sweden
Hans Lind: Division of Building & Real Estate Economics, KTH Royal Institute of Technology, Drottning Kristinas väg 30, SE-100 44 Stockholm, Sweden
Kristina Grange: Division of Urban & Regional Studies, KTH Royal Institute of Technology, Drottning Kristinas väg 30, SE-100 44 Stockholm, Sweden

Sustainability, 2009, vol. 1, issue 4, 1-17

Abstract: Sweden has adopted ambitious energy savings objectives for buildings, but at the current rate of energy efficiency investments the objectives are unlikely to be reached. In this article we report the early findings of how real estate owners reason and act in energy efficiency investment decisions. Based on the results from interviews with the real estate companies, the companies have been divided into four ideal types that illuminate the differences in energy efficiency ambition and strategies; the Strict Profit Maximizing Company, the Little Extra Company, the Policy Led Ambitious Company and the Administration Led Ambitious Company. The different strategies will determine how the companies respond to incentives to invest in energy efficiency, and affect the overall result in the energy efficiency work. The ideal types hence are important to have in mind when designing policies to increase energy efficiency.

Keywords: energy efficiency in buildings; sustainable renovation; incentives for energy efficiency; ideal types (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (22)

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