| Practice area: | Energy | Energy economics |
|---|---|
| Client: | N/A |
| Published: | June, 2015 |
| Keywords: | modelling |
London Economics presented an overview of different financial and economic modelling assumptions for heat network (district heating) modelling in the UK.
What impacts the financial viability of a district heating plant in the UK? How do the assumptions used by a purely private sector investor typically differ from the assumptions used by e.g. a local authority? How does district heat modelling compare in Denmark, where roughly 70% of the population heating needs are met by district heating?
There are significant differences in the assumptions used when modelling returns from district heating depending on who you are and where you are. In this presentation to the Heat Modelling Unit at the UK Department of Energy and Climate Change we described some of these key differences.