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DOI10.1016/j.enpol.2020.111851
The impact of political instruments on building energy retrofits: A risk-integrated thermal Energy Hub approach
Ahlrichs J.; Rockstuhl S.; Tränkler T.; Wenninger S.
发表日期2020
ISSN03014215
卷号147
英文摘要Thermal building retrofits are one of the key approaches to mitigate greenhouse gas emissions. Nevertheless, the current rate of retrofits in Germany is around 1%, and the building sector lags behind environmental goals of saving damaging emissions. A potential reason inhibiting investments is the financial risk connected to thermal building retrofits. While recent research focuses on various political instruments to promote environmental investments, their influence on the financial risk of energy efficiency investments has scarcely been considered. In this study, a method to include risk in the financial evaluation of thermal building retrofits is developed. With this method, named as the Risk-Integrated Thermal Energy Hub, the impact of various political instruments such as emission taxes, subsidies, and energy efficiency insurances on investment decisions of homeowners is analyzed. Based on real-world data of 342 one and two-family houses in Germany, this study illustrates how political instruments influence the financial risk and return of example building retrofits. The findings reveal the effectiveness of energy efficiency insurances in mitigating risk, by promoting environmentally friendlier investments relatively cost-efficient compared to subsidies. Further, this case study indicates that emission taxes need to exceed 140€ per CO2 ton to significantly impact investment decisions. © 2020 Elsevier Ltd
关键词Energy efficiency investmentEnvironmental policyGerman energy transitionGreenhouse gas emissionsPareto analysisThermal building retrofit
英文关键词Buildings; Energy efficiency; Gas emissions; Greenhouse gases; Retrofitting; Thermal energy; Building retrofits; Building sectors; Energy efficiency investments; Environmental investments; Financial evaluation; Investment decisions; Recent researches; Thermal buildings; Investments; carbon dioxide; carbon emission; energy efficiency; energy policy; greenhouse gas; investment; Germany
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/204527
作者单位FIM Research Center, University of Augsburg, Universitätsstr. 12, Augsburg, 86159, Germany; Project Group Business & Information Systems Engineering of the Fraunhofer FIT, Universitätsstr. 12, Augsburg, 86159, Germany; University of Applied Sciences Augsburg, An der Hochschule 1, Augsburg, 86161, Germany
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Ahlrichs J.,Rockstuhl S.,Tränkler T.,et al. The impact of political instruments on building energy retrofits: A risk-integrated thermal Energy Hub approach[J],2020,147.
APA Ahlrichs J.,Rockstuhl S.,Tränkler T.,&Wenninger S..(2020).The impact of political instruments on building energy retrofits: A risk-integrated thermal Energy Hub approach.Energy Policy,147.
MLA Ahlrichs J.,et al."The impact of political instruments on building energy retrofits: A risk-integrated thermal Energy Hub approach".Energy Policy 147(2020).
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