Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting

Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting

Cities are among the world´s largest consumersof electric energy, accountable for two-thirdsof total electricity consumption and for over 70 percent of global greenhouse gases emissions. Publicstreet lighting systems contribute significantly toa ci...

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Bibliographic Details
Main Authors: Meyer, Megan, Maurer, Luiz, Freire, Javier, de Gouvello, Christophe
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
STREET LIGHTING
MUNICIPAL SERVICES
MUNICIPAL UTILITIES
CREDIT RISK
MUNICIPAL FINANCE
LED TECHNOLOGY
ENERGY EFFICIENCY
REGULATION
CLIMATE CHANGE
PUBLIC LIGHTING
BUSINESS MODEL
RISK MITIGATION
Online Access:http://documents.worldbank.org/curated/en/679281521548635917/Lighting-Brazilian-cities-business-models-for-energy-efficient-public-street-lighting
http://hdl.handle.net/10986/29537
id okr-10986-29537
recordtype oai_dc
spelling okr-10986-295372021-11-12T19:16:29Z Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting Meyer, Megan Maurer, Luiz Freire, Javier de Gouvello, Christophe STREET LIGHTING MUNICIPAL SERVICES MUNICIPAL UTILITIES CREDIT RISK MUNICIPAL FINANCE LED TECHNOLOGY ENERGY EFFICIENCY REGULATION CLIMATE CHANGE PUBLIC LIGHTING BUSINESS MODEL RISK MITIGATION Cities are among the world´s largest consumersof electric energy, accountable for two-thirdsof total electricity consumption and for over 70 percent of global greenhouse gases emissions. Publicstreet lighting systems contribute significantly toa city´s energy consumption. In Brazil, the cost of energy for public lighting already represents thesecond most expensive item of most municipalities’ budgets, surpassed only by payroll expenditures.Furthermore, new regulations require all themunicipalities to own the city’s public lightingassets, making public lighting one of the few sectors in which local authorities have direct control over energy-consuming assets (contrastedwith other high energy-consuming sectors such as transport). As a result, the local authorities willhave every incentive to invest in and implementlighting projects by themselves.In Brazil, the current public street lighting inventory primarily consists of mercury and HPS lamps, which over time will tend to be replaced by more efficient technologies such as Light-Emitting Diodes (LEDs). This new technology is already in operation in some major cities in other countries. The availability and increasing spread of LED technology offers a unique opportunity for Brazilian cities to reduce their energy consumption. This is especially important and beneficial to cities, considering the sharp increase in energy prices in recent years.In spite of the substantial benefits associated with the conversion of the installed public lighting network in Brazilian cities, major economic financial and institutional obstacles still need to be overcome.In order to reap the benefits of conversion to LED,it is necessary to design and implement business models that can enable the necessary investments.These business models must take into account the diversity of Brazil’s municipalities. Furthermore,consideration must be given to designing financial solutions that can raise private sector capital while mitigating municipal credit and project performance risks. 2018-03-28T18:44:44Z 2018-03-28T18:44:44Z 2017-04 Report http://documents.worldbank.org/curated/en/679281521548635917/Lighting-Brazilian-cities-business-models-for-energy-efficient-public-street-lighting http://hdl.handle.net/10986/29537 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: ESMAP Paper Latin America & Caribbean Brazil
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic STREET LIGHTING
MUNICIPAL SERVICES
MUNICIPAL UTILITIES
CREDIT RISK
MUNICIPAL FINANCE
LED TECHNOLOGY
ENERGY EFFICIENCY
REGULATION
CLIMATE CHANGE
PUBLIC LIGHTING
BUSINESS MODEL
RISK MITIGATION
spellingShingle STREET LIGHTING
MUNICIPAL SERVICES
MUNICIPAL UTILITIES
CREDIT RISK
MUNICIPAL FINANCE
LED TECHNOLOGY
ENERGY EFFICIENCY
REGULATION
CLIMATE CHANGE
PUBLIC LIGHTING
BUSINESS MODEL
RISK MITIGATION
Meyer, Megan
Maurer, Luiz
Freire, Javier
de Gouvello, Christophe
Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting
geographic_facet Latin America & Caribbean
Brazil
description Cities are among the world´s largest consumersof electric energy, accountable for two-thirdsof total electricity consumption and for over 70 percent of global greenhouse gases emissions. Publicstreet lighting systems contribute significantly toa city´s energy consumption. In Brazil, the cost of energy for public lighting already represents thesecond most expensive item of most municipalities’ budgets, surpassed only by payroll expenditures.Furthermore, new regulations require all themunicipalities to own the city’s public lightingassets, making public lighting one of the few sectors in which local authorities have direct control over energy-consuming assets (contrastedwith other high energy-consuming sectors such as transport). As a result, the local authorities willhave every incentive to invest in and implementlighting projects by themselves.In Brazil, the current public street lighting inventory primarily consists of mercury and HPS lamps, which over time will tend to be replaced by more efficient technologies such as Light-Emitting Diodes (LEDs). This new technology is already in operation in some major cities in other countries. The availability and increasing spread of LED technology offers a unique opportunity for Brazilian cities to reduce their energy consumption. This is especially important and beneficial to cities, considering the sharp increase in energy prices in recent years.In spite of the substantial benefits associated with the conversion of the installed public lighting network in Brazilian cities, major economic financial and institutional obstacles still need to be overcome.In order to reap the benefits of conversion to LED,it is necessary to design and implement business models that can enable the necessary investments.These business models must take into account the diversity of Brazil’s municipalities. Furthermore,consideration must be given to designing financial solutions that can raise private sector capital while mitigating municipal credit and project performance risks.
format Report
author Meyer, Megan
Maurer, Luiz
Freire, Javier
de Gouvello, Christophe
author_facet Meyer, Megan
Maurer, Luiz
Freire, Javier
de Gouvello, Christophe
author_sort Meyer, Megan
title Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting
title_short Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting
title_full Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting
title_fullStr Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting
title_full_unstemmed Lighting Brazilian Cities : Business Models for Energy Efficient Public Street Lighting
title_sort lighting brazilian cities : business models for energy efficient public street lighting
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/679281521548635917/Lighting-Brazilian-cities-business-models-for-energy-efficient-public-street-lighting
http://hdl.handle.net/10986/29537
_version_ 1764469664496222208

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