LHEES: guidance on strategy level socio-economic assessments
Draft methodology and guidance on how to appraise the socio-economic impacts of Local Heat and Energy Efficiency Strategies (LHEES), through the implementation of Multi-Criteria Analysis (MCA).
Footnotes
1. https://consult.gov.scot/energy-and-climate-change-directorate/lhees-and-dhr2/
2. Mateo J.R.S.C. (2012) Multi-Criteria Analysis. In: Multi Criteria Analysis in the Renewable Energy Industry. Green Energy and Technology. Springer, London
3. Department for Communities and Local Government, Multi-criteria analysis: a manual, 2009. UK
4. Interventions being appraised over time periods of greater than 30 years require a different discounting approach and value. A discount rate of 3% should be adopted for interventions that cover 31-75 years (HM Treasury’s Green Book, 2018).
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