Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations
Electric utilities are key actors in the quest to induce large-scale energy savings among end users. But often it is not enough simply to mandate utilities to achieve a specific target. Three new market-based mechanisms are available for utilities...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/06/19670618/exploiting-market-based-mechanisms-meet-utilities-energy-efficiency-obligations http://hdl.handle.net/10986/18678 |
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okr-10986-186782021-06-14T10:26:18Z Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations Sinton, Jonathan de Wit, Joeri ACCESS TO ELECTRICITY ALTERNATIVE METHODS APPROACH AUCTION BARRIERS TO ENERGY EFFICIENCY BLACK CARBON BOTTOM LINE BURNING COAL CARBON DIOXIDE CARBON ENERGY CLIMATE CLIMATE CHANGE CO CO2 COAL COMBUSTION DEMAND-SIDE MANAGEMENT DISTRIBUTION OF ENERGY DISTRIBUTION SYSTEM DISTRIBUTIONAL IMPACTS ECONOMIC MODEL EFFICIENCY IMPROVEMENT ELECTRIC UTILITIES ELECTRICITY ELECTRICITY DEMAND ELECTRICITY MARKETS ELECTRICITY PRICING EMISSIONS ENERGY CONSULTANT ENERGY CONSUMERS ENERGY CONSUMPTION ENERGY DATA ENERGY DEVELOPMENT ENERGY ECONOMICS ENERGY EFFICIENCY ECONOMICS ENERGY EFFICIENCY MEASURES ENERGY GENERATION ENERGY INDUSTRIES ENERGY MARKET ENERGY MIX ENERGY POLICY ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANY ENERGY SYSTEM ENERGY SYSTEMS ENERGY TAXES ENERGY USE ENERGY-EFFICIENCY GAP FOSSIL FOSSIL FUELS GENERATION GENERATION CAPACITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS INVENTORY GREENHOUSE GASES HEAT HEAT GENERATION HOUSEHOLD SECTOR IMPROVEMENTS IN ENERGY EFFICIENCY INCOME INTERNATIONAL ENERGY AGENCY LOW-CARBON MARKET BARRIERS MARKET CLEARING PRICE MARKET FAILURE MEMBER STATES METHANE OIL PETROLEUM PIPELINE PORTFOLIO POWER PROMOTING ENERGY EFFICIENCY RENEWABLE ENERGY RENEWABLE PORTFOLIO STANDARD RENEWABLE SOURCES SOURCE OF ENERGY TRANSACTION COSTS TRANSMISSION SYSTEM WASTE WIND WIND POWER WIND POWER CAPACITY WIND SITES WORLD ENERGY Electric utilities are key actors in the quest to induce large-scale energy savings among end users. But often it is not enough simply to mandate utilities to achieve a specific target. Three new market-based mechanisms are available for utilities to use in promoting energy efficiency. Historically, mechanisms of demand-side management may be classified as regulatory, policy-based, market-based, and load-targeting. This knowledge note is important, because electric utilities are well-positioned to help raise energy efficiency. The three new market-based mechanisms to help achieve this goal include Establish a white certificates scheme establishing a white certificates scheme, establishing energy efficiency auctions, and establishing energy efficiency feed-in tariffs. These new market-based models are available for utilities to use in promoting energy efficiency, in concert with other means of procurement. Whatever the design, program effectiveness will depend on technically competent and trusted verification of energy savings and their costs, long-term commitment to maintaining the efficiency program, and flexibility in adjusting it over time to ensure that programs keep performing. 2014-06-17T16:01:57Z 2014-06-17T16:01:57Z 2014-06-13 Brief http://documents.worldbank.org/curated/en/2014/06/19670618/exploiting-market-based-mechanisms-meet-utilities-energy-efficiency-obligations http://hdl.handle.net/10986/18678 English en_US Live Wire, 2014/18 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO ELECTRICITY ALTERNATIVE METHODS APPROACH AUCTION BARRIERS TO ENERGY EFFICIENCY BLACK CARBON BOTTOM LINE BURNING COAL CARBON DIOXIDE CARBON ENERGY CLIMATE CLIMATE CHANGE CO CO2 COAL COMBUSTION DEMAND-SIDE MANAGEMENT DISTRIBUTION OF ENERGY DISTRIBUTION SYSTEM DISTRIBUTIONAL IMPACTS ECONOMIC MODEL EFFICIENCY IMPROVEMENT ELECTRIC UTILITIES ELECTRICITY ELECTRICITY DEMAND ELECTRICITY MARKETS ELECTRICITY PRICING EMISSIONS ENERGY CONSULTANT ENERGY CONSUMERS ENERGY CONSUMPTION ENERGY DATA ENERGY DEVELOPMENT ENERGY ECONOMICS ENERGY EFFICIENCY ECONOMICS ENERGY EFFICIENCY MEASURES ENERGY GENERATION ENERGY INDUSTRIES ENERGY MARKET ENERGY MIX ENERGY POLICY ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANY ENERGY SYSTEM ENERGY SYSTEMS ENERGY TAXES ENERGY USE ENERGY-EFFICIENCY GAP FOSSIL FOSSIL FUELS GENERATION GENERATION CAPACITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS INVENTORY GREENHOUSE GASES HEAT HEAT GENERATION HOUSEHOLD SECTOR IMPROVEMENTS IN ENERGY EFFICIENCY INCOME INTERNATIONAL ENERGY AGENCY LOW-CARBON MARKET BARRIERS MARKET CLEARING PRICE MARKET FAILURE MEMBER STATES METHANE OIL PETROLEUM PIPELINE PORTFOLIO POWER PROMOTING ENERGY EFFICIENCY RENEWABLE ENERGY RENEWABLE PORTFOLIO STANDARD RENEWABLE SOURCES SOURCE OF ENERGY TRANSACTION COSTS TRANSMISSION SYSTEM WASTE WIND WIND POWER WIND POWER CAPACITY WIND SITES WORLD ENERGY |
| spellingShingle |
ACCESS TO ELECTRICITY ALTERNATIVE METHODS APPROACH AUCTION BARRIERS TO ENERGY EFFICIENCY BLACK CARBON BOTTOM LINE BURNING COAL CARBON DIOXIDE CARBON ENERGY CLIMATE CLIMATE CHANGE CO CO2 COAL COMBUSTION DEMAND-SIDE MANAGEMENT DISTRIBUTION OF ENERGY DISTRIBUTION SYSTEM DISTRIBUTIONAL IMPACTS ECONOMIC MODEL EFFICIENCY IMPROVEMENT ELECTRIC UTILITIES ELECTRICITY ELECTRICITY DEMAND ELECTRICITY MARKETS ELECTRICITY PRICING EMISSIONS ENERGY CONSULTANT ENERGY CONSUMERS ENERGY CONSUMPTION ENERGY DATA ENERGY DEVELOPMENT ENERGY ECONOMICS ENERGY EFFICIENCY ECONOMICS ENERGY EFFICIENCY MEASURES ENERGY GENERATION ENERGY INDUSTRIES ENERGY MARKET ENERGY MIX ENERGY POLICY ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANY ENERGY SYSTEM ENERGY SYSTEMS ENERGY TAXES ENERGY USE ENERGY-EFFICIENCY GAP FOSSIL FOSSIL FUELS GENERATION GENERATION CAPACITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS INVENTORY GREENHOUSE GASES HEAT HEAT GENERATION HOUSEHOLD SECTOR IMPROVEMENTS IN ENERGY EFFICIENCY INCOME INTERNATIONAL ENERGY AGENCY LOW-CARBON MARKET BARRIERS MARKET CLEARING PRICE MARKET FAILURE MEMBER STATES METHANE OIL PETROLEUM PIPELINE PORTFOLIO POWER PROMOTING ENERGY EFFICIENCY RENEWABLE ENERGY RENEWABLE PORTFOLIO STANDARD RENEWABLE SOURCES SOURCE OF ENERGY TRANSACTION COSTS TRANSMISSION SYSTEM WASTE WIND WIND POWER WIND POWER CAPACITY WIND SITES WORLD ENERGY Sinton, Jonathan de Wit, Joeri Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations |
| relation |
Live Wire, 2014/18 |
| description |
Electric utilities are key actors in
the quest to induce large-scale energy savings among end
users. But often it is not enough simply to mandate
utilities to achieve a specific target. Three new
market-based mechanisms are available for utilities to use
in promoting energy efficiency. Historically, mechanisms of
demand-side management may be classified as regulatory,
policy-based, market-based, and load-targeting. This
knowledge note is important, because electric utilities are
well-positioned to help raise energy efficiency. The three
new market-based mechanisms to help achieve this goal
include Establish a white certificates scheme establishing a
white certificates scheme, establishing energy efficiency
auctions, and establishing energy efficiency feed-in
tariffs. These new market-based models are available for
utilities to use in promoting energy efficiency, in concert
with other means of procurement. Whatever the design,
program effectiveness will depend on technically competent
and trusted verification of energy savings and their costs,
long-term commitment to maintaining the efficiency program,
and flexibility in adjusting it over time to ensure that
programs keep performing. |
| format |
Brief |
| author |
Sinton, Jonathan de Wit, Joeri |
| author_facet |
Sinton, Jonathan de Wit, Joeri |
| author_sort |
Sinton, Jonathan |
| title |
Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations |
| title_short |
Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations |
| title_full |
Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations |
| title_fullStr |
Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations |
| title_full_unstemmed |
Exploiting Market-Based Mechanisms to Meet Utilities' Energy Efficiency Obligations |
| title_sort |
exploiting market-based mechanisms to meet utilities' energy efficiency obligations |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/06/19670618/exploiting-market-based-mechanisms-meet-utilities-energy-efficiency-obligations http://hdl.handle.net/10986/18678 |
| _version_ |
1764442483440222208 |