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  • Mahapatra, Krushna, 1974-, et al. (author)
  • Economics of diffusion of pellet heating systems - system boundaries, alternative model specifications, and policy issues
  • 2004
  • In: 2nd World Conference and Technology Exhibition on Biomass for Energy, Industry and Climate Protection, 10-14 May, Rome, Italy.
  • Conference paper (other academic/artistic)abstract
    • In this paper we introduce a microeconomic modelling framework for the analysis of the adoption and diffusion of wood pellet heating systems that explicitly takes into account the cost of competing systems, differences in service and maintenance costs, and system switching costs. We also introduce an aggregate technology diffusion model that allows for the inclusion of economic explanatory variables and a limited degree of heterogeneity among adopters. Furthermore, we touch upon the issue of system boundaries in the context of technology adoption decisions, how alternative environmental and energy policies may affect the adoption and diffusion of pellet heating systems, and what guidelines welfare economics theory proposes regarding the optimal speed of technological diffusion.
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Type of publication
conference paper (1)
Type of content
other academic/artistic (1)
Author/Editor
Mahapatra, Krushna, ... (1)
Gustavsson, Leif (1)
Madlener, R. (1)
University
Mid Sweden University (1)
Linnaeus University (1)
Language
English (1)
Research subject (UKÄ/SCB)
Engineering and Technology (1)
Year
2004 (1)

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