Exploring transaction costs in passive house-oriented retrofitting
Kiss, Bernadett LU
and Mundaca, Luis
LU
(2014)
14th International Association for Energy Economics (IAEE) European Conference
- Abstract
- In order to tap the energy saving and climate mitigation potential of the building sector, transaction costs of implementing energy efficient technologies need to be better understood and ultimately reduced. The objective of this paper is to identify and analyze the nature and scale of transaction costs resulting from the application of the passive house concept in energy efficient renovations. Related conceptual choices are also discussed. Our study explores measures to promote learning and knowledge development as potential strategies to reduce transaction costs. It focuses on transaction costs borne by building owners and building developers in the planning and implementation phases of a passive house-oriented renovation in Sweden.... (More)
- In order to tap the energy saving and climate mitigation potential of the building sector, transaction costs of implementing energy efficient technologies need to be better understood and ultimately reduced. The objective of this paper is to identify and analyze the nature and scale of transaction costs resulting from the application of the passive house concept in energy efficient renovations. Related conceptual choices are also discussed. Our study explores measures to promote learning and knowledge development as potential strategies to reduce transaction costs. It focuses on transaction costs borne by building owners and building developers in the planning and implementation phases of a passive house-oriented renovation in Sweden. Results reveal three main sources of transaction costs: due diligence, negotiations and monitoring. The analysis shows that transaction costs are non-negligible, and for individual cost sources the scale can be 200% higher than for conventional renovations. To reduce transaction costs, various strategies such as study visits, demonstration projects, new forms of meetings and new channels of (written) information were found. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/5141723
- author
- Kiss, Bernadett
LU
and Mundaca, Luis
LU
- organization
- publishing date
- 2014
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- keywords
- Transaction costs, Energy efficiency, Passive house
- categories
- Higher Education
- host publication
- Sustainable Energy Policy and Strategies for Europe : 14th IAEE European Energy Conference - 14th IAEE European Energy Conference
- pages
- 17 pages
- publisher
- International Association for Energy Economics
- conference name
- 14th International Association for Energy Economics (IAEE) European Conference
- conference location
- Rome, Italy
- conference dates
- 2014-10-28 - 2014-10-31
- language
- English
- LU publication?
- yes
- id
- 2795ede5-df5a-4b2f-af6a-6c2d5db98070 (old id 5141723)
- date added to LUP
- 2016-04-04 10:29:04
- date last changed
- 2023-04-18 18:40:04
@inproceedings{2795ede5-df5a-4b2f-af6a-6c2d5db98070,
abstract = {{In order to tap the energy saving and climate mitigation potential of the building sector, transaction costs of implementing energy efficient technologies need to be better understood and ultimately reduced. The objective of this paper is to identify and analyze the nature and scale of transaction costs resulting from the application of the passive house concept in energy efficient renovations. Related conceptual choices are also discussed. Our study explores measures to promote learning and knowledge development as potential strategies to reduce transaction costs. It focuses on transaction costs borne by building owners and building developers in the planning and implementation phases of a passive house-oriented renovation in Sweden. Results reveal three main sources of transaction costs: due diligence, negotiations and monitoring. The analysis shows that transaction costs are non-negligible, and for individual cost sources the scale can be 200% higher than for conventional renovations. To reduce transaction costs, various strategies such as study visits, demonstration projects, new forms of meetings and new channels of (written) information were found.}},
author = {{Kiss, Bernadett and Mundaca, Luis}},
booktitle = {{Sustainable Energy Policy and Strategies for Europe : 14th IAEE European Energy Conference}},
keywords = {{Transaction costs; Energy efficiency; Passive house}},
language = {{eng}},
publisher = {{International Association for Energy Economics}},
title = {{Exploring transaction costs in passive house-oriented retrofitting}},
url = {{https://lup.lub.lu.se/search/files/5549867/5141729.pdf}},
year = {{2014}},
}