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"White and Green": Comparison of market-based instruments to promote energy efficiency

Farinelli, Ugo LU ; Johansson, Thomas B LU ; McCormick, Kes LU ; Mundaca, Luis LU ; Oikonomou, V.; Ortenvik, M.; Patel, M. and Santi, F. (2005) In Journal of Cleaner Production 13(10-11). p.1015-1026
Abstract
The "White and Green'' project completed under the EU SAVE Programme reviewed policies and measures to promote energy efficiency, which involved analysing the experience with instruments that are already implemented, and assessing innovative instruments that are proposed. In particular, the practicability of using ''White Certificates" energy efficiency) along the same lines as "Green Certificates" (renewable energy) was explored. Several of the policies. and measures, were simulated using technical-economic model of the MARKAL family. The results show that by 2020 it is possible to increase energy effiency by 15% at no cost without taking externalities into account. If externalities are considered, an increase of 30-35% with respect to... (More)
The "White and Green'' project completed under the EU SAVE Programme reviewed policies and measures to promote energy efficiency, which involved analysing the experience with instruments that are already implemented, and assessing innovative instruments that are proposed. In particular, the practicability of using ''White Certificates" energy efficiency) along the same lines as "Green Certificates" (renewable energy) was explored. Several of the policies. and measures, were simulated using technical-economic model of the MARKAL family. The results show that by 2020 it is possible to increase energy effiency by 15% at no cost without taking externalities into account. If externalities are considered, an increase of 30-35% with respect to the business-as-usual scenario is justified. The wealth of information obtained through the models and analysis provides a set of recommendations for policy-makers including: (1) the need for closer co-ordination between energy policies and environmental and climate policies; (2) the opportunity to establish more ambitious targets for energy efficiency; (3) the scope for increased EU co-ordination; (4) the extension of White Certificates to the medium and low energy-intensive industries; (5) the need to support White Certificates with accompanying actions, such as running information campaigns, promoting energy service companies, and, providing dedicated credit lines; (6) the need to develop similar instruments for transport and(7) the continuing need for energy research and development. (c) 2005 Published by Elsevier Ltd. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
white certificates, green certificates, renewable, energy policies, energy efficiency, energy
in
Journal of Cleaner Production
volume
13
issue
10-11
pages
1015 - 1026
publisher
Elsevier
external identifiers
  • wos:000228788100006
  • scopus:14844356505
ISSN
0959-6526
DOI
10.1016/j.jclepro.2004.12.013
language
English
LU publication?
yes
id
75bccd56-27d6-42e3-843e-a197bde0119b (old id 1416540)
alternative location
http://www.journals.elsevier.com/journal-of-cleaner-production
date added to LUP
2009-06-16 14:33:36
date last changed
2017-10-22 04:43:57
@article{75bccd56-27d6-42e3-843e-a197bde0119b,
  abstract     = {The "White and Green'' project completed under the EU SAVE Programme reviewed policies and measures to promote energy efficiency, which involved analysing the experience with instruments that are already implemented, and assessing innovative instruments that are proposed. In particular, the practicability of using ''White Certificates" energy efficiency) along the same lines as "Green Certificates" (renewable energy) was explored. Several of the policies. and measures, were simulated using technical-economic model of the MARKAL family. The results show that by 2020 it is possible to increase energy effiency by 15% at no cost without taking externalities into account. If externalities are considered, an increase of 30-35% with respect to the business-as-usual scenario is justified. The wealth of information obtained through the models and analysis provides a set of recommendations for policy-makers including: (1) the need for closer co-ordination between energy policies and environmental and climate policies; (2) the opportunity to establish more ambitious targets for energy efficiency; (3) the scope for increased EU co-ordination; (4) the extension of White Certificates to the medium and low energy-intensive industries; (5) the need to support White Certificates with accompanying actions, such as running information campaigns, promoting energy service companies, and, providing dedicated credit lines; (6) the need to develop similar instruments for transport and(7) the continuing need for energy research and development. (c) 2005 Published by Elsevier Ltd.},
  author       = {Farinelli, Ugo and Johansson, Thomas B and McCormick, Kes and Mundaca, Luis and Oikonomou, V. and Ortenvik, M. and Patel, M. and Santi, F.},
  issn         = {0959-6526},
  keyword      = {white certificates,green certificates,renewable,energy policies,energy efficiency,energy},
  language     = {eng},
  number       = {10-11},
  pages        = {1015--1026},
  publisher    = {Elsevier},
  series       = {Journal of Cleaner Production},
  title        = {"White and Green": Comparison of market-based instruments to promote energy efficiency},
  url          = {http://dx.doi.org/10.1016/j.jclepro.2004.12.013},
  volume       = {13},
  year         = {2005},
}