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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Main Authors: Timilsina, Govinda R., Sikharulidze, Anna, Karapoghosyan, Eduard, Shatvoryan, Suren
Format: Journal Article
Published: Elsevier 2018
Subjects:
Online Access:http://hdl.handle.net/10986/29338
id okr-10986-29338
recordtype oai_dc
spelling 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