Review and update of energy efficiency market assessment. Final energy intensity measures the energy efficiency of the economy against final energy consumption that is the amount of energy finally available to different sectors after conversion of energy sources. The energy efficiency market report eemr 2015 was prepared by the international energy agency iea directorate of sustainable energy policy and technology, led by director kamel ben naceur, and in cooperation with other iea divisions. The iea works with policy makers and stakeholders to scale up action on energy efficiency to mitigate climate change, improve energy security and grow economies while delivering environmental and social benefits. Improving the efficiency with which energy is consumed by endusers is a central theme of the european unions energy policy. Database documentation 2019 edition international energy agency 1. Reforming the energy vision rev is governor cuomos plan to seize that opportunity, creating a cleaner, more resilient, and. This publication presents an adapted version of the commission staff working documents swd 2014 310 final and swd 2014 311 final accompanying the communication progress towards completing the internal energy market com 2014 634 final of october 2014. Market segmentation and energy efficiency program design. Addressing market barriers to energy efficiency in buildings. Energy efficiency 2018 looks at why efficiency s massive potential remains untapped, and through the new efficient world scenario explores what would happen if countries maximized all available costeffective efficiency potential between now and 2040, highlighting what policy makers can do to realise this opportunity. Likewise, policies to improve state utility commission. Our analysis demonstrates that necessary preconditions for identifying the right measure of the energy efficiency gap include understanding and disentangling market failure and non market failure explanations for the gradual diffusion of energy efficient.
Many of these policies work with and seek to leverage market forces. The declines in 2011 and 2012 were due primarily to much warmer than normal weather, as well as the impact of higher propane prices and continuing efficiency trends. Oil and natural gas remain important energy soures and require significant investment. Addressing market barriers to energy efficiency in. From this, rmb 270 billion usd 41 billion came from the energy saving sector. It would enable faster growth, create more jobs, create cleaner cities and improve overall welfare.
Topics include energy efficiency, transportation, community planning and design, solid waste and materials management, and renewable energy. Energy efficiency in wholesale capacity markets alberta energy efficiency conference. Market segmentation and energy efficiency program design prepared by steven j. Creative technology solutions are expected on both supply and demand sides, but more effort is still needed. Energy efficiency 2017 is the key global tracker of energy efficiency progress and a vital information resource for policy makers and companies seeking to reap the multiple benefits of energy efficiency. Assessment of the market for compressed air efficiency. The members of the ad hoc evaluation committee are. The aim of this research was to create a snapshot report covering key insights into the energy efficiency and low carbon market in scotland from both a demand and supply perspective. Energy efficiency market assessment summit blue consulting was engaged by the bpu in september 2005 to perform an assessment of the energy efficiency marketplace. The iea is working to improve understanding of the status, drivers and benefits of energy efficiency. Global improvements in primary energy intensity, 20002018. Maximizing supermarket refrigeration energy efficiency. Energy efficiency activities between 2010 and 2012 resulted in enough energy savings to power nearly 800,000 homes for a year and cut carbon dioxide. During this period, the renewable energy industry continued to expand and grow.
This work was supported by the national electricity delivery division of the u. Doe would like to thank the following organizations for their. Due to the states efficiency programs, per capita energy use has remained flat, while the rest of the us has increased by about 33 percent. Market assessment of energy efficiency opportunities in laboratories et project number. A guide for local governments january 2011 i acknowledgments doe funded the development of this guide through the solar market transformation subprogram. The large body of evidence for this document on successful policies and measures was provided among others by.
New jerseys clean energy program energy efficiency and. Energy efficiency is one of the fastest and most cost effective ways to reduce co 2 emissions, contribute to energy security, and help to create new jobs and make european organisations more competitive the jrc provides key scientific support to. California has led the nation in energy efficiency programs since the 1970s. Foreword energy efficiency 2017 3 foreword energy efficiency stands at a crossroads today. Good practice in energy efficiency european commission. Jeff beresini pacific gas and electric company paul delaney southern california edison kate zeng san diego gas and electric prepared by. Blair collins, northwest energy efficiency alliance ted jones. This belief justifies continued government intervention in energy service markets to correct or overcome the distortions inherent in market based resource allocations. The guide represents a collaborative effort among multiple solar market transformation partners. Climate change concerns increasing energy related ghg emissions new investments determine ghgs for the next 20 30 years climate change impacts vulnerable west african energy systems e. Energy efficiency and savings potentials to promote a common understanding of energy efficiency in the south african context, the definition of energy efficiency, the benefits of and barriers to improvements, and potential energy savings opportunities that exist in south africa are described below. Uks energy efficiency services sector is large in absolute terms, it appears to be relatively small in comparison with those of comparable economies. The energy efficiency finance market today while the level of total spending on energy efficiency is likely just a best guess, the international energy agency iea estimates the market at hundreds of billions of dollars globally iea 2014.
The energy efficiency market has encountered significant development over the recent years and is foreseen to grow tremendously over the forecast period. Changes from last edition the iea strives to release as complete and timely data as possible. Policies are grouped according to the categories defined above. Evaluation, measurement, and verification working group december 2012.
Energy intensity is an indicator of the amount of energy used to produce a unit of economic output. The industry still does not effectively incorporate energy efficiency into most commercial, multifamily, and residential loans. This report contains information on current size and remaining market potential of the u. Network is a state and local effort facilitated by the federal government that helps states, utilities, and other local stakeholders take energy efficiency to. Cubed with assistance from kerry fleisher san francisco community power prepared for ciee behavior and energy program edward vine, program manager california institute for energy and environment 33 broadway, suite 240 oakland, ca 946121918 november, 2008. Executive summary this is the tenth annual report on nmgcs energy efficiency program program, and it.
Price suppression is also relevant to the assessment of the effects of energy efficiency on. For example, vehicle and appliance labeling seek to address the information barrier by making consumers more informed. For purposes of estimating revenues and remaining market potential, we define escos as firms that provide energy efficiency related and other valueadded services and for which. Strong efficiency gains continued to be made in 2016, even as energy prices fell. Price effects as a benefit of energyefficiency programs. Several activities related to market assessments are planned for 2006 as described below. Acknowledgements 4 mediumterm energy efficiency market report 2015 acknowledgements the energy efficiency market report eemr 2015 was prepared by the international energy agency iea directorate of sustainable energy policy and technology, led by director kamel ben naceur, and in cooperation with other iea divisions.
Market assessment of energy efficiency opportunities in. Energy service company industry, prepared for the u. Energy efficiency program administrators should provide the greatest incentive for the highesttier energy efficient equipment i. The future of utility customerfunded energy efficiency programs in the united states. Et14pge7591, et15sce1070, et14sdg1111 project managers. But at the same time, governments are not coming up with new policies.
Energy efficiency market by product type and application. Increased energy efficiency and a shift to lower carbon energy sources will help curb co2 emissions, but not sufficiently to reach a 2ocpathway. Energy efficiency california public utilities commission. The energy efficiency market report 20 complements other iea work that has highlighted the importance and potential of energy efficiency for meeting multiple economic, energy, and environmental policy objectives. Department of energy office of energy efficiency and renewable energy, weatherization and intergovernmental program.
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