A theoretical and empirical analysis of district heating cost in Denmark

• Published in: Energy economics Vol. 99; p. 105304
• Main Authors: Boscan, Luis, Söderberg, Magnus
• Format: Journal Article
• Language: English
• Published: Kidlington Elsevier B.V 01.07.2021; Elsevier Science Ltd
• Subjects: Benchmarking; Benchmarks; Cost; Cost analysis; Costs; Density; District heating; Empirical analysis; Energy economics; Heating; Lower bounds; Mathematical models; Parameter estimation; Policy making; Specification; Specifications; Utilities; Values; Denmark; L52; Benchmarking; L95; L43; District heating; Cost

Policy-makers in Denmark have expressed a willingness to use benchmarks as a means to determine how much each district heating firm should reduce its cost. A reliable cost model should be based on a theoretically consistent specification, but no such model exists for vertically integrated district h...