Methods of evaluating the long-term financial effects of energy efficiency projects

Are investments in energy efficiency profitable? The answer largely depends on the applied methodology within investment analysis, but because of their wide impact energy efficiency investments should not be evaluated only by "normal" investment criteria. After a comprehensive literature review, we establish a new conceptual framework for the analysis of energy efficiency methodology and exhibit three main factors of evaluation: scope, timing, and approach. Stakeholders of energy efficiency projects can employ this framework when choosing the appropriate methodology for their investment analysis.


Issue Date:
2017-2017-2017
Publication Type:
Journal Article
ISSN:
1804-1205
Language:
English
Published in:
Business and Economic Horizons (BEH), Volume 13, Issue 3
Page range:
295-311
JEL Codes:
C18; C49; Q40; Q51




 Record created 2017-11-06, last modified 2017-11-06

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