District Heating Regulation: Parameters for the Benchmarking Model

In general terms, a cost-efficient DH tariff depends on the investment choices, conditions of capital utilization and operations performance. Using the operation data of Latvian DH companies, the authors analyze which cost drivers and exogenous factors (e.g. heat load density, scale, resource prices, DH technical parameters, etc.) are the most relevant for reflection of the mentioned three aspects and could be useful for the benchmarking model.