This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...

A more sustainable heat supply of the built environment is needed to reach the policy goal of a climate-neutral economy in the Netherlands by 2050. This paper presents a method using a spatial energy model to calculate the most cost-effective CO2- reduction potential of a sustainable heat supply...