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% of electricity is generated by renewables only, and 74% of CO2 reduction is possible by 2050. If the maximum energy …, which are the source of CO2 emissions. In this case, renewable energy sources play a vital role in securing sustainable … energy without environmental emissions. This paper examines the effects of renewable energy use in electricity supply systems …
Persistent link: https://www.econbiz.de/10011118441
Space heating accounts for a large fraction of the primary energy consumption and CO2 emissions of residential … buildings. Besides targeting the insulation standard, residential heating systems (RHS) based on renewable energy sources offer … the potential to reduce energy demand for space heating. Therefore, understanding the determinants of the homeowners …
Persistent link: https://www.econbiz.de/10008860741
In this paper we estimate residential electricity demand elasticities and conduct an analysis of the causal relationship between electricity demand, disposable income and electricity price for a group of several OECD members. We apply panel cointegration and Granger causality testing to a data...
Persistent link: https://www.econbiz.de/10008861725
to reducing the attractiveness of investments in energy-efficient large-scale CHP plants that feed into DH networks. In …
Persistent link: https://www.econbiz.de/10008861728
rebound effect, i.e. the amount of energy consumption “taken back” when energy efficiency rises, income and ownership matter … is reversed (31% vs. 49%). We conclude that energy rebound effects in the residential sector should be tackled in energy … policy making in a differentiated way, and certainly not ignored in energy efficiency policies. …
Persistent link: https://www.econbiz.de/10008861729
In this paper, we apply a spread-based real options approach to analyze the decision-making problem of an investor who has the choice between an irreversible investment in a condensing power plant without heat utilization and a plant with combined heat-and-power (CHP) generation. Our...
Persistent link: https://www.econbiz.de/10008642306
In this paper we use multivariate cointegration analysis to estimate electricity demand elasticities at the subsectoral industry level. This enables us to reap the benefits of lower heterogeneity within the electricity-consuming sectors investigated and of retaining additional information...
Persistent link: https://www.econbiz.de/10008725718
In this paper we analyze residential natural gas demand in twelve OECD countries using time series data from 1980 to 2008. We estimate long-run demand elasticities with regard to real disposable income and real residential price of natural gas using the autoregressive distributed lag (ARDL)...
Persistent link: https://www.econbiz.de/10010840296
understanding of the adoption and diffusion of energy-efficient and renewables-based residential heating systems (RHS) is of high …Heating demand accounts for a large fraction of the overall energy demand of private households in Germany. A better … policy relevance, particularly against the background of climate change, security of energy supply and increasing energy …
Persistent link: https://www.econbiz.de/10010840305
This paper investigates key drivers and barriers behind homeowners’ decisions to switch from a fossil fuel (i.e. oil or gas boiler) to a renewable residential heating system (RHS). For this purpose, we draw on data from a 2010 questionnaire survey among owners of existing 1-family or 2-family...
Persistent link: https://www.econbiz.de/10010840306