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Diffusion of Cogeneration in Swiss Industries: Economics, Technical Change, Field of Application, and Framework Conditions

Reinhard Madlener and Marcel Wickart

Energy & Environment, 2004, vol. 15, issue 2, 223-237

Abstract: In this article we study the economics of the adoption and diffusion of cogeneration (CHP) systems. Based on microeconomic theoretical reasoning, we identify the main variables influencing the decision-making problem of firms that plan to adopt CHP technology, and how the adoption by other firms affects optimal adoption timing. We also consider CHP-related technical change, trends in the industries studied, field of application, and relevant framework conditions with a potential impact on CHP adoption and diffusion. In the descriptive analysis our focus is on industrial CHP systems in Switzerland (>1 MW e ), with particular emphasis on both the pulp and paper and the chemical industries.

Keywords: technology adoption and diffusion; cogeneration; CHP; technical change; Switzerland (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:engenv:v:15:y:2004:i:2:p:223-237

DOI: 10.1260/095830504323153423

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