Individual Choice in a residential building and heating model - An application case for Germany

Klaas Bauermann (klaas.bauermann@statkraft.de) and Christoph Weber (christoph.weber@uni-due.de)
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Christoph Weber: Chair for Management Sciences and Energy Economics, University of Duisburg-Essen

No 1501, EWL Working Papers from University of Duisburg-Essen, Chair for Management Science and Energy Economics

Abstract: In Germany and other Central and Northern European countries, energy demand for space heating dominates the energy demand of households. In line with European and national energy efficiency and emission reduction objectives, policy makers have identified the residential building sector potentials for the achieving of reduction targets. This paper presents an extended logit model approach for the residential heating market with special regard to the development of the built environment and the heating system choice. A policy as usual scenario for Germany is calculated as an application example to evaluate the likeliness of target achievement for the heating market, its energy demand and associated emissions.

Keywords: Intraday market; electricity; liquidity; fundamental model; trading model (search for similar items in EconPapers)
JEL-codes: Q42 Q48 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2015-02, Revised 2015-02
New Economics Papers: this item is included in nep-ene and nep-eur
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