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....

This paper provides a survey-based analysis of investment decisions and structural shifts related to onshore and offshore wind power supply chains. Insights on cost reductions are obtained from a detailed stakeholder survey conducted amongst the European wind power industry in 2012. Overall, a...

In this paper, we analyze how the development of the carbon capture and storage (CCS) technology used in coal-fired power plants affects its market diffusion. Specifically, we (1) show the significant variance in expectations about the economics of commercial-grade CCS hard coal power plants...

Space heating accounts for a large fraction of the primary energy consumption and CO2 emissions of residential buildings in Germany. Besides targeting the insulation standard, innovative (i.e. renewable energies-based and/or energy-efficient) residential heating systems (RHS) offer the potential...

We conceptualize and model the decision-making problem of an industrial investor having the choice to adopt either some cogeneration or some heat-only generating technology, or a combination of the two. The deterministic model suggested is specified in continuous time, takes a lifetime...

This paper studies energy conversion technology adoption in the electricity supply sector from the perspective of irreversible investments under uncertainty, and with a particular interest in environmental sustainability. We develop a dynamic technology adoption model that is firmly rooted in...