Comparison of energy efficiency incentive programs: Rebates and white certificates

Transue, Morghan; Felder, Frank A.

doi:10.1016/j.jup.2009.12.003

Cited by 24 publications

(8 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Voluntary agreements are more straightforward to implement, thus requiring lower administration costs than EEOs (Transue and Felder 2010). The participation of a relatively small number of energy intensive industries and the exclusive focus on electricity savings could have been a factor keeping the costs of the scheme low.…”

Section: Resultsmentioning

confidence: 99%

Implications of an energy efficiency obligation scheme for the Swedish energy-intensive industries: an evaluation of costs and benefits

2016

View full text Add to dashboard Cite

Implications of an energy efficiency obligation scheme for the Swedish energy-intensive industries: an evaluation of costs and benefits. Highlights A Swedish energy efficiency obligation scheme would result in a positive benefit-to-cost ratio.  The break-even cost ranges from 83.3 €/MWh to 86.9 €/MWh in different scenarios for energy and emission allowance prices.  An energy efficiency obligation scheme can be attractive for energy intensive industries.  Implementing an efficiency obligation scheme could help Sweden meet the target of the European Energy Efficiency Directive. AbstractThe EU Energy Efficiency Directive (EED) aims at improving energy efficiency by implementing actions in all sectors of the economy in the EU. Article 7 of the EED sets the target of 1.5% cumulative annual energy end-use savings. An energy efficiency obligation scheme (EEO) is one of the policy mechanisms proposed to reach this target. This paper assesses the impact of implementing a Swedish EEO, and the implications that such a scheme may have for Swedish energy intensive industries. The assessment was based on Cost-Benefit Analysis (CBA) methodology. The Benefit to Cost Ratio (BCR) ranges from 1.56 to 2.17 and the break-even cost ranges from 83.3 €/MWh to 86.9 €/MWh with sensitivity analyses performed for the emission allowance prices and eventual costs of the EEO. The annual energy savings potential is estimated to be 1.25 TWh/year. A Swedish EEO could motivate investments in energy efficiency measures, and thus help Sweden reach the energy efficiency targets set in the EED.

show abstract

Section: Resultsmentioning

confidence: 99%

Implications of an energy efficiency obligation scheme for the Swedish energy-intensive industries: an evaluation of costs and benefits

2016

View full text Add to dashboard Cite

show abstract

“…Although there is no energy-consuming right trading policy in other countries, the white certificate scheme in European countries is similar. Transue and Felder. (2010), Stede (2017), Franzò et al (2019), and Meran and Wittmann.…”

Section: Literature Reviewmentioning

confidence: 99%

The improvement of energy-consuming right trading policy on the efficiency of urban green development

Guo

Hu²,

Zhang³

et al. 2023

Front. Environ. Sci.

View full text Add to dashboard Cite

As a measure to promote the reform of China’s ecological civilization system, the energy-consuming right trading policy has great potential to reduce pollutant emissions and achieve green development in China. Based on the panel data of 254 cities in China from 2005 to 2019, this paper uses difference-in-differences (DID) model and super-efficiency slacks-based measure (Super-SBM) to investigate the impact of energy-consuming right trading policy on the efficiency of urban green development. The findings are as follows. i) The energy-consuming right trading policy can significantly promote the efficiency of urban green development. The conclusion still holds after a series of robustness tests. ii) The energy-consuming right trading policy can improve the efficiency of urban green development by promoting green technology innovation. This finding supports the Porter Hypothesis. iii) Heterogeneity analysis shows that the energy-consuming right trading policy can significantly improve the green development efficiency of cities in the eastern region. On the contrary, there is no significant effect on the green development efficiency of cities in the central and western regions. The government should expand the scope of energy-consuming right trading policy implementation according to local conditions. At the same time, the government should also stimulate enterprises to innovate green technologies and maximize the effect of the energyconsuming right trading policy on the efficiency of green development.

show abstract

“…A number of researchers [5][6][7][27][28][29][30][31][32] argue that energy efficiency is an important means to reducing energy consumption and lessening greenhouse gas emissions. Societal sentiments around energy efficiency have evolved over the decades, particularly in light of new environmental knowledge about climate change, and energy efficiency is now seen as an important tool in a portfolio of options intended to increase our energy security, lessen greenhouse gas emissions, and help manage spikes in demand for energy for heating, cooling, and electricity.…”

Section: Energy Efficiencymentioning

confidence: 99%

Understanding the Drivers of National-Level Energy Audit Behavior: Demographics and Socioeconomic Characteristics

Hewitt

Wang

2020

Sustainability

View full text Add to dashboard Cite

The energy audit-an assessment of a home's energy systems performed by a trained auditor in order to provide the resident with strategies for saving energy and money-is provided by many utility companies throughout the United States for free or at a reduced cost. The uptake of such programs is generally low, and little is known about audit participants. Importantly, as more evidence points to the need to look beyond physical building characteristics to increase energy efficiency, this work explores if specific characteristics of the individual are correlated with increased participation in audit programs. This research analyzes the most recent (2015) national level Residential Energy Consumption Survey (RECS) data through a binary logit regression to determine what socioeconomic and demographic factors, if any, are statistically significant in linking to the decision to undertake an audit, while controlling for physical building characteristics. The findings indicate that age has a significant and positive relationship with the decision to undertake an audit, as does being non-white, while renting has a significant and negative relationship. Knowledge about national-level participation in audit programs can help policy makers craft more strategic incentives to increase participation and, ultimately, help connect the audit decision to the more important next step of retrofits and upgrades to save energy.

show abstract

Comparison of energy efficiency incentive programs: Rebates and white certificates

Cited by 24 publications

References 3 publications

Implications of an energy efficiency obligation scheme for the Swedish energy-intensive industries: an evaluation of costs and benefits

Implications of an energy efficiency obligation scheme for the Swedish energy-intensive industries: an evaluation of costs and benefits

The improvement of energy-consuming right trading policy on the efficiency of urban green development

Understanding the Drivers of National-Level Energy Audit Behavior: Demographics and Socioeconomic Characteristics

Contact Info

Product

Resources

About