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

Author:
  • Ugo Farinelli
  • Thomas B Johansson
  • Kes McCormick
  • Luis Mundaca
  • V. Oikonomou
  • M. Ortenvik
  • M. Patel
  • F. Santi
Publishing year: 2005
Language: English
Pages: 1015-1026
Publication/Series: Journal of Cleaner Production
Volume: 13
Issue: 10-11
Document type: Journal article
Publisher: Elsevier

Abstract english

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.

Keywords

  • Social Sciences Interdisciplinary
  • white certificates
  • green certificates
  • renewable
  • energy policies
  • energy efficiency
  • energy

Other

Published
  • ISSN: 0959-6526
Kes McCormick
E-mail: kes.mccormick [at] iiiee.lu.se

Assistant head of department

The International Institute for Industrial Environmental Economics

+46 46 222 02 56

+46 72 223 12 27

53


International Institute for Industrial Environmental Economics (IIIEE)

Lund University P.O. Box 196, 22100 Lund, Sweden
Visiting Address: Tegnérsplatsen 4,Lund

Telephone: + 46 46 222 00 00 Fax: + 46 46 222 02 10