To achieve the climate target, CO2 emissions in the residential subsector must be reduced to 9.7 Mton CO2 emissions by 2030. The proposed policy measures and energy prices will provide sufficient sustainability measures for households to be economically viable within the technical lifetime to achieve this target. However, a large number of households do not implement all these sustainability measures due to factors other than the payback period. This means that additional policy is needed.
CE Delft studied pricing options and other additional policy instruments to achieve the emission reduction targets for the residential sector. We conclude that focusing solely on pricing could work, but only with high CO2 prices. Policy packages combining standards, incentives and pricing achieve emission targets at a lower cost to households than policies that focus solely on pricing.