iea multiple benefits of energy efficiency

Help energy providers in providing a better energy service to their customers, reducing operating costs and improving profit margins. Energy efficiency improvements over the last 25 years saved a cumulative USD 5.7 trillion in energy expenditures. 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. Multiple Benefits of Energy Efficiency" were also appreciated. A report by the International Energy Agency. 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. 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 … Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency Ürge-Vorsatz et al. (For interpretation of the references to colour in this figure legend, the reader is referred to the Web version of this article). Energy efficiency reduces the amount of energy needed to deliver services, such as mobility, lighting, heating and cooling. Purpose: To teach the fundamentals of how to evaluate both energy and non-energy benefits (the multiple benefits) of energy efficiency for buildings. 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. [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. 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. 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. 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 Thank you for subscribing. 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, 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. The Multiple Benefits of energy efficiency project works with businesses to quantify all benefits and impacts to competitive advantage. Industry investing in energy efficiency generates up to 50 percent more added value on top of energy savings. economic growth and energy security. 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. In partnership with EPE and the Ministry of Mines and Energy, IEA will promote a webinar on Multiple Benefits of Energy Efficiency This webinar is part of the scope of the joint work plan of Brazil and the IEA and will be held in September 19th,from 10:00 to 11:00 (Brasilia time), from the from the IEA's headquarters in Paris, France. IEA has done a lot of work here: two years, four workshops and 300 specialists involved. 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. The IEA Energy Papers offer in-depth investigation of energy topics, and explore emerging issues and challenges in … Dashed arrows indicate that there is no direct relationship with the central indicator of final energy savings. Key point A multiple benefits approach to energy efficiency reveals a broad range of potential It was drafted by the IEA Energy Efficiency and Environment Division. 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. Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency e.g. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. The IEA book ”Multiple Benefits of Energy Efficiency” dives deeper into the benefits of cleantech technologies contributing to industries and society. Hear from international experts on the multiple benefits of energy efficiency. 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. IEA Measures Multiple Benefits of Energy Efficiency story highlights. 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. 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. IEA (2019), Multiple Benefits of Energy Efficiency, IEA, Paris https://www.iea.org/reports/multiple-benefits-of-energy-efficiency. Having been happy to be a part of this project, here are are my top three highlights. Why do companies ignore energy efficiency? 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. Quantifying the Multiple Benefits of Energy Efficiency and Renewable Energy: A Guide for State and Local Governments State and local energy efficiency and renewable energy investments can produce significant benefits, including lower fuel and electricity costs, increased grid reliability, better air quality and public health, and more job opportunities. 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”. Now the IEA is in the process of updating its work on this topic, including gathering new evidence of … The International Energy Agency has released the latest in its series of annual reports on the field of energy efficiency. Energy efficiency savings in 11 IEA countries rival TFC of major energy consuming countries and regions. 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. 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. Multiple benefits of energy efficiency improvements Energy efficiency is a means to enhance energy security, support economic and social development, promote 12. 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. energy efficiency work and increased disposable income can generate direct and indirect jobs in energy and other sectors. Improvements in energy efficiency offers considerable value for economies, societies and SMEs themselves, but efficiency investment is … 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. 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. 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. The multiple benefits of energy efficiency for individual busi-nesses have not received sufficient research attention. 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 Multiple Benefits of Energy Efficiency 14 March 2012 | PREPARED BY Christine Patterson, Senior Advisor Evaluation . 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. 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. 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. Five key benefits areas – macroeconomic development; public budgets; health and wellbeing; industrial productivity; and energy delivery – are investigated in-depth, showing compelling returns when the value of multiple benefits is calculated alongside traditional benefits of energy demand and greenhouse gas emissions reductions. 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 … Now, in its ‘Energy Efficiency 2020’ report, it has recorded the poorest rate of improvement in primary energy intensity since 2010. Perspectives on the multiple benefits of energy efficiency for Brazil - Event listed by the International Energy Agency Work with us to make efficiency strategic. 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 IEA Measures Multiple Benefits of Energy Efficiency story highlights. 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 IEA book ”Multiple Benefits of Energy Efficiency” dives deeper into the benefits of cleantech technologies contributing to industries and society. 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. 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 … Efficiency leads to productivity gains in particular by lowering maintenance costs and increasing production yields per unit of input. For firms, these non-energy benefits may be critically important to their investment decisions. Targets have nonetheless been established in many countries – not only to achieve energy savings but to gain the multiple benefits that energy efficiency generates. Overview of multiple benefits of energy efficiency and their interconnections (environmental: green, economic: orange, social: blue). By using analysis of policies, energy data, and technology trends, this report provides a comprehensive view of energy efficiency trends worldwide. Energy efficiency improvements over the last 25 years saved a cumulative USD 5.7 trillion in energy expenditures. Energy provider and infrastructure benefits e.g. 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]. 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. Multiple Benefits of Energy Efficiency - Analysis and key findings. More than 70 participants from the public and private sectors are attending the event and discuss the latest thinking on designing, evaluating and communicating […] 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: energy efficiency, access to energy, demand side management and much more. Perspectives on the multiple benefits of energy efficiency for Brazil - Event listed by the International Energy Agency Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. The IEA frame energy efficiency as a major energy resource, described as the “first fuel”1. 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. IEA (2015), Capturing the Multiple Benefits of Energy Efficiency, IEA, Paris https://www.iea.org/reports/capturing-the-multiple-benefits-of-energy-efficiency. Source: Unless otherwise noted, all material in figures and tables in this chapter derives from IEA data and analysis. 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. Note: This list is not exhaustive, but represents some of the most prominent benefits of energy efficiency identified to date. By reducing overall energy demand, efficiency can reduce reliance on imports of oil, gas and coal. This workshop report was prepared for the workshop on Evaluating the Multiple Benefits of Energy Efficiency held in March 2012 at the IEA headquarters in Paris, France. 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. A report by the International Energy Agency. 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. 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