Economic and Technical Feasibility of Metering and Sub-metering Systems for Heat Accounting

Authors

  • Luca Celenza University of Cassino and Southern Lazio
  • Marco Dell'Isola University of Cassino and Southern Lazio
  • Giorgio Ficco University of Cassino and Southern Lazio
  • Marco Greco University of Cassino and Southern Lazio http://orcid.org/0000-0002-6935-7775
  • Michele Grimaldi University of Cassino and Southern Lazio

Abstract

The Energy Efficiency Directive 2012/27/EU (EED) requires that final users in multi-apartment buildings supplied by common central heating source should be provided by 31 December 2016 with accounting systems, as long as technical feasibility and reasonable costs in relation to the potential energy savings can be demonstrated. Such systems would reflect users actual thermal energy consumption. The typical configuration of Italian multi-apartment buildings implies quite expensive installation costs and sometimes even prevents the installation for technical reasons. Coherently with EED, in such cases alternative cost-efficient methods for heat accounting should be adopted, such as indirect methods. This study assesses the economic and technical feasibility of the most common heat accounting systems. In this paper, after a brief analysis of the different approaches adopted in EU member states, the authors present a cost/benefit analysis that considers the main capital and running costs of individual heat accounting systems with respect to the potential energy savings achievable.

Keywords: energy efficiency, heat accounting, cost efficiency.

JEL Classifications: O31, O33

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Author Biography

Marco Greco, University of Cassino and Southern Lazio

Marco Greco is Assistant Professor at the Department of Civil and Mechanical Engineering at the University of Cassino and Southern Lazio. Graduated with honors in Business Engineering at the University of Rome “Tor Vergata”, he gained the Ph.D. degree in Business and Economic Engineering at the “Tor Vergata” University of Rome. His research interests cover three disciplines: open innovation, strategic management and negotiation models. He serves as a reviewer for several managerial journals and is member of the editorial board of the International Journal of Management and Decision Making. His manuscripts have been published in reputed journals such as European Management Journal, European Journal of Innovation Management, Journal of Business Research and International Journal of Innovation Management.

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Published

2016-07-22

How to Cite

Celenza, L., Dell’Isola, M., Ficco, G., Greco, M., & Grimaldi, M. (2016). Economic and Technical Feasibility of Metering and Sub-metering Systems for Heat Accounting. International Journal of Energy Economics and Policy, 6(3), 581–587. Retrieved from https://www.econjournals.com/index.php/ijeep/article/view/2457

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