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A master's thesis from Aalborg University
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The Future for Energy Neutral Renovations in the Netherlands: How alternatives to net metering affect the value of your investment

Translated title

The Future for Energy Neutral Renovations in the Netherlands

Author

Term

4. Term

Publication year

2016

Submitted on

Pages

84

Abstract

Afhandlingen undersøger fra et erhvervsøkonomisk perspektiv, hvordan alternative tekniske og finansielle tiltag til den nuværende nettomålerordning påvirker værdien af at investere i energineutrale boligrenoveringer (boliger, der producerer omtrent lige så meget energi, som de bruger). Ved hjælp af energisystem-simulationsværktøjet EnergyPRO og beregninger af nettoudgifter i nutidskroner (netto-nutidsomkostninger) vurderes økonomien. Resultaterne viser, at de langsigtede økonomiske fordele i høj grad afhænger af udviklingen i naturgasprisen, størrelsen af den indledende investering og renten på finansieringen. Effekten af feed-in tariffer (betaling for strøm, der sælges til elnettet), skattereduktioner, højere eltariffer for naturgasforbrugere og varmepumper med smart styring er begrænset og kan ikke matche de fordele, nettomålerordningen giver i dag. Afhandlingen anbefaler yderligere analyser af samfundsøkonomiske omkostninger samt udvikling af investeringsbaserede offentlige incitamentsordninger, der reducerer den indledende investering og tilbyder langfristede lån med lave renter.

This thesis examines, from a business-economic perspective, how alternative technical and financial measures to the current net metering policy affect the value of investing in energy-neutral home renovations (homes that produce roughly as much energy as they use). Using the EnergyPRO energy system simulation tool and net present cost calculations (expressing future costs in today’s money), the study finds that long-term economic benefits depend strongly on the future price of natural gas, the size of the upfront investment, and interest rates on financing. The effects of feed-in tariffs (payments for electricity fed into the grid), tax reductions, higher electricity tariffs for natural gas consumers, and smart-control heat pumps are limited and do not match the benefits currently provided by net metering. The thesis recommends further work on societal costs and on investment-based public incentive schemes that reduce upfront costs and provide long-term, low-interest loans.

[This abstract was generated with the help of AI]