Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia
Armenia and Georgia are taking climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways including preparation of low carbon development strategies for their future economic growth. The improvement of energy efficiency is one of the key ele...
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okr-10986-293382021-05-25T10:54:44Z Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia Timilsina, Govinda R. Sikharulidze, Anna Karapoghosyan, Eduard Shatvoryan, Suren CLIMATE CHANGE MITIGATION ENERGY EFFICIENCY MARGINAL ABATEMENT COST BUILDING SECTOR LOW CARBON DEVELOPMENT LIGHT BULBS GREENHOUSE GAS EMISSIONS Armenia and Georgia are taking climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways including preparation of low carbon development strategies for their future economic growth. The improvement of energy efficiency is one of the key elements of the low carbon development strategies. This study develops a methodology to estimate marginal abatement cost (MAC) curve for energy efficiency measures and apply in the building sector in both countries. The study finds that among the various energy efficiency measures considered, the replacement of energy inefficient light bulbs (i.e., incandescent lamps) with efficient light bulbs is the most cost effective measure in saving energy and reducing greenhouse gas (GHG) emissions from the building sector. Most energy efficiency improvement options considered in the study would produce net economic benefits even if the value of reduced carbon is not taken into account. While the MAC analysis conducted demonstrates the cost competitiveness of various energy efficiency measures in Armenia and Georgia, the study also offers a caution to policy makers to have supplemental analysis before prioritizing the implementation of these measures or introducing policies to support them. 2018-02-08T16:48:28Z 2018-02-08T16:48:28Z 2017-09 Journal Article Energy Policy 0301-4215 http://hdl.handle.net/10986/29338 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research Europe and Central Asia Armenia Georgia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
topic |
CLIMATE CHANGE MITIGATION ENERGY EFFICIENCY MARGINAL ABATEMENT COST BUILDING SECTOR LOW CARBON DEVELOPMENT LIGHT BULBS GREENHOUSE GAS EMISSIONS |
spellingShingle |
CLIMATE CHANGE MITIGATION ENERGY EFFICIENCY MARGINAL ABATEMENT COST BUILDING SECTOR LOW CARBON DEVELOPMENT LIGHT BULBS GREENHOUSE GAS EMISSIONS Timilsina, Govinda R. Sikharulidze, Anna Karapoghosyan, Eduard Shatvoryan, Suren Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia |
geographic_facet |
Europe and Central Asia Armenia Georgia |
description |
Armenia and Georgia are taking climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways including preparation of low carbon development strategies for their future economic growth. The improvement of energy efficiency is one of the key elements of the low carbon development strategies. This study develops a methodology to estimate marginal abatement cost (MAC) curve for energy efficiency measures and apply in the building sector in both countries. The study finds that among the various energy efficiency measures considered, the replacement of energy inefficient light bulbs (i.e., incandescent lamps) with efficient light bulbs is the most cost effective measure in saving energy and reducing greenhouse gas (GHG) emissions from the building sector. Most energy efficiency improvement options considered in the study would produce net economic benefits even if the value of reduced carbon is not taken into account. While the MAC analysis conducted demonstrates the cost competitiveness of various energy efficiency measures in Armenia and Georgia, the study also offers a caution to policy makers to have supplemental analysis before prioritizing the implementation of these measures or introducing policies to support them. |
format |
Journal Article |
author |
Timilsina, Govinda R. Sikharulidze, Anna Karapoghosyan, Eduard Shatvoryan, Suren |
author_facet |
Timilsina, Govinda R. Sikharulidze, Anna Karapoghosyan, Eduard Shatvoryan, Suren |
author_sort |
Timilsina, Govinda R. |
title |
Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia |
title_short |
Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia |
title_full |
Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia |
title_fullStr |
Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia |
title_full_unstemmed |
Development of Marginal Abatement Cost Curves for the Building Sector in Armenia and Georgia |
title_sort |
development of marginal abatement cost curves for the building sector in armenia and georgia |
publisher |
Elsevier |
publishDate |
2018 |
url |
http://hdl.handle.net/10986/29338 |
_version_ |
1764469098650009600 |