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No-regret Potentials in Energy Conservation
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ISBN
:
9783790815399
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Publisher
:
Physica
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Subject
:
Industry & Industrial Studies, Economics, Religion & Beliefs
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Binding
:
PAPERBACK
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Pages
:
423
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Year
:
2003
₹
11941.0
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11463.0
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Description
The climate change debate has stimulated a controversy on the existence and size of potentials to reduce energy consumption at an economic benefit, so-called no-regret potentials. This book develops a theoretical evaluation framework with particular focus on transaction costs and real option theory. The resulting typology of no-regret potentials serves to re-evaluate the no-regret potential inherent in highly efficient electric motors and in energy service contracting. Both case studies confirm the existence of no-regret potentials, even if they indicate a certain spread of results around the original estimates. The book concludes with perspectives for deriving more aggregated model-based results.
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