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

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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)

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    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.

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    Bibliographic Info

    Article provided by MDPI, Open Access Journal in its journal Sustainability.

    Volume (Year): 1 (2009)
    Issue (Month): 4 (December)
    Pages: 1349-1365

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    Handle: RePEc:gam:jsusta:v:1:y:2009:i:4:p:1349-1365:d:6548

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    Web page: http://www.mdpi.com/

    Related research

    Keywords: energy efficiency in buildings; sustainable renovation; incentives for energy efficiency; ideal types;

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    Cited by:
    1. Lind, Hans & Annadotter, Kerstin & Björk, Folke & Högberg, Lovisa & af Klintberg, Tord, 2014. "Sustainable renovation strategy in the Swedish Million Homes Programme: A case study," Working Paper Series 14/2, Department of Real Estate and Construction Management & Centre for Banking and Finance (cefin), Royal Institute of Technology.

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