iea multiple benefits of energy efficiency

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  • December 20, 2020

Why do companies ignore energy efficiency? The International Energy Agency (IEA) launched their recent publication, “Capturing the Multiple Benefits of Energy Efficiency,” at IEPPEC in Berlin (September 2014). It defines energy efficiency and renewable energy and describes why quantifying the multiple benefits of energy efficiency and renewable energy may be valuable to a decision maker or analyst. Multiple Benefits of Energy Efficiency - Analysis and key findings. 1) This webinar was held with the kind support of the Ministry of Energy (SENER) and was originally based on the IEA’s Capturing the Multiple Benefits of Energy Efficiency published in 2014. Spreading the Net: Capturing the Multiple Benefits of Energy Efficiency Improvements (OECD/IEA, 2012) Expert Roundtable on Macroeconomic Benefits Paris, January 2013 Expert Roundtable on Health & Wellbeing Impacts Copenhagen, April 2013 The term multiple benefits aims to capture a reality that is often overlooked: investment in energy efficiency can provide many different benefits to many different stakeholders. Efficiency leads to productivity gains in particular by lowering maintenance costs and increasing production yields per unit of input. Beyond energy savings: The multiple benefits of energy efficiency 5 - 7 March 2018 Venue: French Foreign Affairs Ministerial Conference Centre, 27, rue de la Convention, 75015, Paris, France In 2014, the IEA published Capturing the Multiple Benefits of Energy Efficiency, which outlined an approach for quantifying a range of non-energy benefits of energy efficiency. The term was coined in the IEA’s 2014 publication, Capturing the Multiple Benefits of Energy Efficiency, and refers to the idea that energy efficiency can have impacts beyond energy savings, including for the environment, health and economic prosperity. Benefits attributed to the implementation of energy efficiency measures range from localised benefits, such as energy affordability, improved health, wellbeing and social development, to sectoral benefits, such as industrial productivity, improved asset … For firms, these non-energy benefits may be critically important to their investment decisions. It was developed by EPA’s State and Local Energy and Environment Program within the Climate Protection Partnerships Division of EPA’s Office of Atmospheric Programs. Energy Efficiency 2018 presents the most comprehensive analysis of current and future energy efficiency trends ever produced by the International Energy Agency, and its insights offer direct pointers to policy makers as to what policy solutions are available to deliver the economic, environmental and social benefits of energy systems that are as efficient as possible. The IEA uses the term multiple benefits, which is broad enough to reflect the heterogeneous nature of outcomes of energy efficiency improvements and to avoid pre-emptive prioritisation of various benefits; different benefits will be of interest to different stakeholders. A report by the International Energy Agency. Residential energy efficiency measures could help lift more than 150 million people out of fuel poverty in the EU Fuel poverty often occurs at the nexus of three factors: The IEA Energy Papers offer in-depth investigation of energy topics, and explore emerging issues and challenges in … Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Capturing the Multiple Benefits of Energy Efficiency, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative, Global Commission for Urgent Action on Energy Efficiency, Promoting digital demand-driven electricity networks. MarketBased Instruments for Energy Efficiency 2.6MB Free Commissioned by G7 energy ministers, this report presents the first global overview of market-based instruments (MBIs) for energy efficiency, such as auctions, energy efficiency obligations on utilities and white certificate programmes. In light of the emergence of the multiple benefit framing of energy efficiency and in line with Kingdon's multiple streams framework, the analysis here considers the potential for multiple, diverse, policy problem streams - multiple benefits - to converge with a single policy solution stream – retrofit – to excite political will and move an issue onto the political agenda. In 2014, the IEA published Capturing the Multiple Benefits of Energy Efficiency, which outlined an approach for quantifying a range of non-energy benefits of energy efficiency. EECA Evaluation Tools Examining the potential – 5 tools Evaluative Requirements – 7 tools Methodologies – 4 tools and counting . Multiple benefits of energy efficiency improvements Energy efficiency is a means to enhance energy security, support economic and social development, promote As energy efficiency continues to gain attention as a key resource for economic and social development across all economies, understanding its real value is increasingly important. A book by the International Energy Agency (IEA) identifies and quantifies a broad range of positive impacts of energy efficiency, repositioning it as a mainstream tool for economic and social development. e.g. Energy efficiency can bolster regional or national energy security. Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency [12] proposed several methods for the quantification of multiple benefits or ‘multiple impacts’ of energy efficiency in a green economy context developed as part of the COMBI project1. Please note that this publication is subject to specific restrictions that limit its use and distribution. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. Energy efficiency is difficult to measure, as population, economic activity, policies and other factors all drive changes in energy use. Multiple Benefits of Energy Efficiency" were also appreciated. energy efficiency work and increased disposable income can generate direct and indirect jobs in energy and other sectors. Thank you for subscribing. In other literature, the multiple benefits of energy efficiency have been variously labelled "co-benefits", "ancillary benefits" and "non-energy benefits" – terms often used interchangeably with “multiple benefits”. Energy efficiency reduces the amount of energy needed to deliver services, such as mobility, lighting, heating and cooling. Action 18: energy efficiency improvements of industrial process cooling and refrigeration; Action 19: energy efficiency improvements of process specific use of electricity, mainly electrochemical processes in non ferrous metals and chemicals; Action 20: energy efficiency improvements of motor drive systems, including pumps, More than 70 participants from the public and private sectors are attending the event and discuss the latest thinking on designing, evaluating and communicating […] This session will examine how to evaluate the monetised value of energy efficiency measures using numerous categories for multiple benefits. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Efficiency delivers a global energy productivity bonus The 2016 intensity improvement represents an additional USD 2.2 trillion of value created from global energy use, equivalent to twice the size of the Australian economy. IEA has done a lot of work here: two years, four workshops and 300 specialists involved. energy efficiency, access to energy, demand side management and much more. Catherine Cooremans − IEA DSM Workshop - Halifax, 21 Oct. 2015 IEA report, Capturing the multiple benefits of energy-efficiency, Paris, September 2014: • Macro-economic impacts • public budget impacts • Health & well-being impacts • Industrial sector impacts (in a broad sense) • Energy delivery impacts Spreading the Net: Capturing the Multiple Benefits of Energy Efficiency Improvements (OECD/IEA, 2012) Expert Roundtable on Macroeconomic Benefits Paris, January 2013 Expert Roundtable on Health & Wellbeing Impacts Copenhagen, April 2013 Work with us to make efficiency strategic. The IEA estimates that SMEs use more than 13% of global total final energy demand, around 74 exajoules (EJ) and that cost-effective energy efficiency measures can save SMEs up to 22 EJ – more energy than Japan and Korea consume per year combined. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. By identifying and quantifying a broader range of impacts of energy efficiency, the multiple benefits approach repositions energy efficiency as a mainstream tool for economic and social development, and has the potential to motivate higher uptake of energy efficiency opportunities in the market. In addition, improvements in operation and process reliability, which can result from efficiency gains, lead to reductions in equipment downtime, shutdowns or … Energy Energy use benefit from improved efficiency and reduced embodied energy from increased durability Environmental Air pollution, solid waste, wastewater, and reduced input materials Multiple Benefits of Energy Efficiency: Societal Perspective Benefits: economic and environmental impacts that provide multiple benefits for years. In other literature, the multiple benefits of energy efficiency have been variously labelled "co-benefits", "ancillary benefits" and "non-energy benefits" – terms often used interchangeably with “multiple benefits”. Having been happy to be a part of this project, here are are my top three highlights. IEA has done a lot of work here: two years, four workshops and 300 specialists involved. The multiple benefits approach to energy efficiency policy seeks to expand the perspective of energy efficiency beyond the traditional measures of reduced energy demand and lower greenhouse gas (GHG) emissions by identifying and measuring its impacts across many different spheres. Now the IEA is in the process of updating its work on this topic, including gathering new evidence of … IEA Multiple Benefits Workshop, 5-7 March 2018 French Foreign Affairs Ministerial Conference Center [Use your partner] [ logo here ] www.combi-project.eu . This paper presents initial results from a project investigating the firm-level strategic benefits of energy efficiency. Perspectives on the multiple benefits of energy efficiency for Brazil - Event listed by the International Energy Agency Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency Often, project proposals focus solely on energy savings, which are insufficient to justify investment. IEA’s research found that the number of MBIs has quadrupled over the last ten years, while investment stimulated by them has risen six-fold, to USD 26 billion in 2015. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. Energy efficiency is not only a way to reduce emissions for businesses, regions and nations in isolation, but a necessity to pave the way for technologies like hydrogen. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. Campbell [10] presented the multiple benefits approach, which was further refined by the IEA [11]. According to the IEA’s report, Capturing the Multiple Benefits of Energy Efficiency, 2013, the global economy could increase by $18 trillion by 2035 if we adopted energy efficiency as the "first choice" for new energy supplies, which would also achieve the emission reductions required to limit global warming to 2°C. Overview of multiple benefits of energy efficiency and their interconnections (environmental: green, economic: orange, social: blue). 1) This webinar was held with the kind support of the Ministry of Energy (SENER) and was originally based on the IEA’s Capturing the Multiple Benefits of Energy Efficiency published in 2014. Targets have nonetheless been established in many countries – not only to achieve energy savings but to gain the multiple benefits that energy efficiency generates. Last but not least, warm thanks go to Jenny Gell for formatting assistance and to the IEA Publications Unit for their support, in particular Cheryl Haines for editing, Robert Youngblood for coordinating, and Angela Gosmann The International Energy Agency kicked off a three-day workshop on Monday titled Beyond energy savings: The multiple benefits of energy efficiency, to emphasize the reach and impact of energy efficiency policies. In light of the emergence of the multiple benefit framing of energy efficiency and in line with Kingdon's multiple streams framework, the analysis here considers the potential for multiple, diverse, policy problem streams - multiple benefits - to converge with a single policy solution stream – retrofit – to excite political will and move an issue onto the political agenda. The aim of this book is two-fold: to build knowledge of the multiple benefits of energy efficiency, and to demonstrate how policy makers and other stakeholders can use existing tools to measure and maximise the benefits they seek. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. The IEA frame energy efficiency as a major energy resource, described as the “first fuel”1. The Multiple Benefits of energy efficiency project works with businesses to quantify all benefits and impacts to competitive advantage. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative, Global Commission for Urgent Action on Energy Efficiency, Promoting digital demand-driven electricity networks. Help energy providers in providing a better energy service to their customers, reducing operating costs and improving profit margins. economic growth and energy security. Source: Unless otherwise noted, all material in figures and tables in this chapter derives from IEA data and analysis. Lowering the cost of energy services frees up resources for households, businesses and governments. Considering multiple benefits also has important implications for unravelling one of the persistent challenges in energy efficiency – the rebound effect – revealing that it often signals a positive outcome in terms of achieving broader social and economic goals. This report is the IEA’s review of global developments in energy efficiency. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. The traditional focus on energy savings as the main goal of energy efficiency policy has, at times, led to an underestimation of the full value of energy efficiency in both national and global economies. According to the IEA’s report, Capturing the Multiple Benefits of Energy Efficiency, 2013, the global economy could increase by $18 trillion by 2035 if we adopted energy efficiency as the "first choice" for new energy supplies, which would also achieve the emission reductions required … Key point A multiple benefits approach to energy efficiency reveals a broad range of potential IEA (2019), Multiple Benefits of Energy Efficiency, IEA, Paris https://www.iea.org/reports/multiple-benefits-of-energy-efficiency. IEA Measures Multiple Benefits of Energy Efficiency story highlights. Multiple Benefits of Energy Efficiency - Analysis and key findings. Dashed arrows indicate that there is no direct relationship with the central indicator of final energy savings. Energy efficiency improvements over the last 25 years saved a cumulative USD 5.7 trillion in energy expenditures. Optimizing energy delivery Direct benefits for utilities: in a resource constrained operating context Indirect benefits for utilities: increased affordability reduces customer default and associated costs IEA (2014), Capturing the Multiple Benefits of Energy Efficiency, OECD/IEA, Paris. This virtual supply of energy generates multiple benefits for governments, businesses and households, including greater energy security from reduced dependence on energy imports and billions of tonnes of greenhouse gas emissions reductions. The traditional focus on energy savings as the main goal of energy efficiency policy has, at times, led to an underestimation of the full value of energy efficiency in both national and global economies. Industry investing in energy efficiency generates up to 50 percent more added value on top of energy savings. Cumulative investments in energy efficiency of $12 trillion are more than offset by fuel savings & trigger economic growth of a cumulative $18 trillion GDP in Efficient World Scenario versus New … Multiple Benefits of energy efficiency “Flower” © OECD/IEA 2017 Energy conservation and efficiency drives security Demand savings from conservation and efficiency measures provided the greatest single contribution (39%) to the replacement of nuclear generation capacity after Fukushima. Spreading the Net: The Multiple Benefits of Energy Efficiency Improvements; IEA Energy Papers The International Energy Agency (IEA) advises its 28 member countries on sound energy policy, which seeks to balance energy security, economic growth and environmental concerns. Energy efficiency improvements over the last 25 years saved a cumulative USD 5.7 trillion in energy expenditures. Purpose: To teach the fundamentals of how to evaluate both energy and non-energy benefits (the multiple benefits) of energy efficiency for buildings. Through its work, the IEA advocates policies that will enhance the reliability, affordability and sustainability of energy in its 30 member countries, 8 association countries and beyond. Now, in its ‘Energy Efficiency 2020’ report, it has recorded the poorest rate of improvement in primary energy intensity since 2010. Multiple Benefits of Energy Efficiency 14 March 2012 | PREPARED BY Christine Patterson, Senior Advisor Evaluation . It aims to build knowledge of the multiple benefits of energy efficiency, and demonstrate how policymakers and other stakeholders can measure and maximize related benefits to economy and society. Thank you for subscribing. Improvements in energy efficiency offers considerable value for economies, societies and SMEs themselves, but efficiency investment is … The IEA book ”Multiple Benefits of Energy Efficiency” dives deeper into the benefits of cleantech technologies contributing to industries and society. Learn more: https://www.iea.org/topics/energyefficiency/ The IEA uses the term multiple benefits, which is broad enough to reflect the heterogeneous nature of outcomes of energy efficiency improvements and to avoid pre-emptive prioritisation of … For multiple benefits of energy efficiency savings in 11 IEA countries rival TFC major. Otherwise noted, all material in iea multiple benefits of energy efficiency and tables in this chapter derives IEA! Clicking the link at the bottom of any IEA newsletter in ensuring both long- and energy... Cleantech technologies contributing to industries and society efficiency reduces the amount of energy efficiency highlights. 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