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

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  • Zvingilaite, Erika
  • Klinge Jacobsen, Henrik

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.

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  • Zvingilaite, Erika & Klinge Jacobsen, Henrik, 2015. "Heat savings and heat generation technologies: Modelling of residential investment behaviour with local health costs," Energy Policy, Elsevier, vol. 77(C), pages 31-45.
    • Handle: RePEc:eee:enepol:v:77:y:2015:i:c:p:31-45
    DOI: 10.1016/j.enpol.2014.11.032
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