By Tobias Wittmann
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Extra info for Agent-Based Models of Energy Investment Decisions
7%. 24 2 Model Design Private actors Private actors consume energy services and operate small conversion units such as boilers, solar thermal collectors, solar cells, and microcogeneration units to supply their own demand. Additionally, they buy energy from retail markets and sign contracts for longer time periods20. Any operational and structural decision undertaken by a private actor can only marginally affect the entire distribution system. Private actors include households, private building owners, real estate management companies, and small commercial energy demanders.
This typology provides information about the size of and distance between buildings, the availability of different infrastructures (gas grid, district heating grid, electricity grid) and the costs associated with connecting to them. Each building in a given district is then assigned to a building prototype (Hake et al. ). Each construction period refers to the dominating construction material and the technical regulations in place. The present state of the building is determined by the original building prototype and construction period, the energy efficiency measures carried out so far, and the heating system in place.
The couple has friends who share similar values. Susan and Tom spend their income selectively on high quality products. Their circle of friends is interested in technology and chat about innovations regularly. When purchasing, they look for leading products which are discussed in the relevant magazines and so forth. When planning a bigger investment they carefully read the relevant publications and consult experts and friends. They are always willing to experiment. Having a professional background, Susan knows how to evaluate investments.