Aims and Objectives: To help new, more efficient boilers penetrate the market and break through the first cost barrier and to increase their share of the boilers market from 15% to 33%.
1999 – 2001
How it Works:
A subsidy scheme was introduced in 1999 to improve the market share of gas fired condensing boilers. The Danish Energy Agency gave a bonus of 2.500 DKK (€335.21) or a rebate of the same amount for purchases of a new condensing gas boiler.
In 1999, before the scheme began, the percentage of condensing gas boilers on the market was between 10 and 15%. By 2000 the Danish Energy Agency reported that the percentage had grown to 35%. Although the scheme was closed in 2001 due to budgetary limits, the market share of gas fired condensing boilers had reached over 50%. The percentage kept growing until the sold gas boilers in Denmark today account for 100% of the market. This share persisted because the retail sector accepted condensing boilers and became familiar with them. They have also continued to recommend this boiler technology to home owners.
Market share of condensing gas boilers:
- 1999: between 10% and 15%
- 2000: 35%
- 2001: 50%
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