On the optimal allocation of grants to energy conservation investments

A criterion is presented for the allocation of grants by a state agency to energy conservation investments which maximizes the expected value of the resulting energy savings, subject to a constraint on the total expenditure for these grants. The allocation formula that follows from the application o...

Full description

Saved in:
Bibliographic Details
Published inResources and Energy Vol. 6; no. 1; pp. 61 - 68
Main Author Magirou, Vangelis F.
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.03.1984
North-Holland
Amsterdam :Elsevier Science Publishers,1993
Subjects
Applied sciences
Economic data
Energy
Energy economics
Exact sciences and technology
General, economic and professional studies
Greece
Energy conservation
Criterion
Energy economy
Subsidy
Optimization
Investment
Online AccessGet full text

Cover

More Information
Summary:A criterion is presented for the allocation of grants by a state agency to energy conservation investments which maximizes the expected value of the resulting energy savings, subject to a constraint on the total expenditure for these grants. The allocation formula that follows from the application of the above criterion has certain properties that do not depend on the precise value of the relevant parameters and which are a desirable feature of any grant allocation scheme.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
ISSN:0165-0572
0928-7655
1873-0221
DOI:10.1016/S0165-0572(84)80005-5