By reducing overall energy demand, efficiency can reduce reliance on imports of oil, gas and coal. 1) This webinar was held with the kind support of the Ministry of Energy (SENER) and was originally based on the IEA’s Capturing the Multiple Benefits of Energy Efficiency published in 2014. The International Energy Agency kicked off a three-day workshop on Monday titled Beyond energy savings: The multiple benefits of energy efficiency, to emphasize the reach and impact of energy efficiency policies. It defines energy efficiency and renewable energy and describes why quantifying the multiple benefits of energy efficiency and renewable energy may be valuable to a decision maker or analyst. Action 18: energy efficiency improvements of industrial process cooling and refrigeration; Action 19: energy efficiency improvements of process specific use of electricity, mainly electrochemical processes in non ferrous metals and chemicals; Action 20: energy efficiency improvements of motor drive systems, including pumps, Multiple Benefits of Energy Efficiency" were also appreciated. Multiple Benefits of Energy Efficiency - Analysis and key findings. Energy efficiency savings in 11 IEA countries rival TFC of major energy consuming countries and regions. More than 70 participants from the public and private sectors are attending the event and discuss the latest thinking on designing, evaluating and communicating […] This session will examine how to evaluate the monetised value of energy efficiency measures using numerous categories for multiple benefits. Efficiency delivers a global energy productivity bonus The 2016 intensity improvement represents an additional USD 2.2 trillion of value created from global energy use, equivalent to twice the size of the Australian economy. Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency Quantifying the Multiple Benefits of Energy Efficiency and Renewable Energy: A Guide for State and Local Governments, updates a previous version the U.S. Environmental Protection Agency (EPA) last released in 2011. Energy efficiency improvements over the last 25 years saved a cumulative USD 5.7 trillion in energy expenditures. economic growth and energy security. Energy efficiency reduces the amount of energy needed to deliver services, such as mobility, lighting, heating and cooling. This virtual supply of energy generates multiple benefits for governments, businesses and households, including greater energy security from reduced dependence on energy imports and billions of tonnes of greenhouse gas emissions reductions. Multiple Benefits of Energy Efficiency 14 March 2012 | PREPARED BY Christine Patterson, Senior Advisor Evaluation . Hear from international experts on the multiple benefits of energy efficiency. Key point A multiple benefits approach to energy efficiency reveals a broad range of potential IEA Measures Multiple Benefits of Energy Efficiency story highlights. e.g. energy efficiency work and increased disposable income can generate direct and indirect jobs in energy and other sectors. The multiple benefits approach to energy efficiency policy seeks to expand the perspective of energy efficiency beyond the traditional measures of reduced energy demand and lower greenhouse gas (GHG) emissions by identifying and measuring its impacts across many different spheres. Multiple benefits of energy efficiency improvements Energy efficiency is a means to enhance energy security, support economic and social development, promote Please note that this publication is subject to specific restrictions that limit its use and distribution. 12. Why do companies ignore energy efficiency? In light of the emergence of the multiple benefit framing of energy efficiency and in line with Kingdon's multiple streams framework, the analysis here considers the potential for multiple, diverse, policy problem streams - multiple benefits - to converge with a single policy solution stream – retrofit – to excite political will and move an issue onto the political agenda. This report is the IEA’s review of global developments in energy efficiency. IEA has done a lot of work here: two years, four workshops and 300 specialists involved. Perspectives on the multiple benefits of energy efficiency for Brazil - Event listed by the International Energy Agency A book by the International Energy Agency (IEA) identifies and quantifies a broad range of positive impacts of energy efficiency, repositioning it as a mainstream tool for economic and social development. Cumulative investments in energy efficiency of $12 trillion are more than offset by fuel savings & trigger economic growth of a cumulative $18 trillion GDP in Efficient World Scenario versus New … Spreading the Net: Capturing the Multiple Benefits of Energy Efficiency Improvements (OECD/IEA, 2012) Expert Roundtable on Macroeconomic Benefits Paris, January 2013 Expert Roundtable on Health & Wellbeing Impacts Copenhagen, April 2013 The IEA estimates that SMEs use more than 13% of global total final energy demand, around 74 exajoules (EJ) and that cost-effective energy efficiency measures can save SMEs up to 22 EJ – more energy than Japan and Korea consume per year combined. The aim of this book is two-fold: to build knowledge of the multiple benefits of energy efficiency, and to demonstrate how policy makers and other stakeholders can use existing tools to measure and maximise the benefits they seek. The term was coined in the IEA’s 2014 publication, Capturing the Multiple Benefits of Energy Efficiency, and refers to the idea that energy efficiency can have impacts beyond energy savings, including for the environment, health and economic prosperity. It aims to build knowledge of the multiple benefits of energy efficiency, and demonstrate how policymakers and other stakeholders can measure and maximize related benefits to economy and society. EECA Evaluation Tools Examining the potential – 5 tools Evaluative Requirements – 7 tools Methodologies – 4 tools and counting . The Multiple Benefits of energy efficiency project works with businesses to quantify all benefits and impacts to competitive advantage. Last but not least, warm thanks go to Jenny Gell for formatting assistance and to the IEA Publications Unit for their support, in particular Cheryl Haines for editing, Robert Youngblood for coordinating, and Angela Gosmann Purpose: To teach the fundamentals of how to evaluate both energy and non-energy benefits (the multiple benefits) of energy efficiency for buildings. Efficiency leads to productivity gains in particular by lowering maintenance costs and increasing production yields per unit of input. Improvements in energy efficiency offers considerable value for economies, societies and SMEs themselves, but efficiency investment is … Overview of multiple benefits of energy efficiency and their interconnections (environmental: green, economic: orange, social: blue). Spreading the Net: The Multiple Benefits of Energy Efficiency Improvements; IEA Energy Papers The International Energy Agency (IEA) advises its 28 member countries on sound energy policy, which seeks to balance energy security, economic growth and environmental concerns. Work with us to make efficiency strategic. In other literature, the multiple benefits of energy efficiency have been variously labelled "co-benefits", "ancillary benefits" and "non-energy benefits" – terms often used interchangeably with “multiple benefits”. Campbell [10] presented the multiple benefits approach, which was further refined by the IEA [11]. By identifying and quantifying a broader range of impacts of energy efficiency, the multiple benefits approach repositions energy efficiency as a mainstream tool for economic and social development, and has the potential to motivate higher uptake of energy efficiency opportunities in the market. This virtual supply of energy generates multiple benefits for governments, businesses and households, including greater energy security from reduced dependence on energy imports and billions of tonnes of greenhouse gas emissions reductions. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. It was developed by EPA’s State and Local Energy and Environment Program within the Climate Protection Partnerships Division of EPA’s Office of Atmospheric Programs. A report by the International Energy Agency. Lowering the cost of energy services frees up resources for households, businesses and governments. A report by the International Energy Agency. Industry investing in energy efficiency generates up to 50 percent more added value on top of energy savings. energy efficiency, access to energy, demand side management and much more. Catherine Cooremans − IEA DSM Workshop - Halifax, 21 Oct. 2015 IEA report, Capturing the multiple benefits of energy-efficiency, Paris, September 2014: • Macro-economic impacts • public budget impacts • Health & well-being impacts • Industrial sector impacts (in a broad sense) • Energy delivery impacts Targets have nonetheless been established in many countries – not only to achieve energy savings but to gain the multiple benefits that energy efficiency generates. MarketBased Instruments for Energy Efficiency 2.6MB Free Commissioned by G7 energy ministers, this report presents the first global overview of market-based instruments (MBIs) for energy efficiency, such as auctions, energy efficiency obligations on utilities and white certificate programmes. Energy Efficiency 2018 presents the most comprehensive analysis of current and future energy efficiency trends ever produced by the International Energy Agency, and its insights offer direct pointers to policy makers as to what policy solutions are available to deliver the economic, environmental and social benefits of energy systems that are as efficient as possible. In light of the emergence of the multiple benefit framing of energy efficiency and in line with Kingdon's multiple streams framework, the analysis here considers the potential for multiple, diverse, policy problem streams - multiple benefits - to converge with a single policy solution stream – retrofit – to excite political will and move an issue onto the political agenda. The traditional focus on energy savings as the main goal of energy efficiency policy has, at times, led to an underestimation of the full value of energy efficiency in both national and global economies. Multiple Benefits of energy efficiency “Flower” © OECD/IEA 2017 Energy conservation and efficiency drives security Demand savings from conservation and efficiency measures provided the greatest single contribution (39%) to the replacement of nuclear generation capacity after Fukushima. IEA’s research found that the number of MBIs has quadrupled over the last ten years, while investment stimulated by them has risen six-fold, to USD 26 billion in 2015. Five key benefits areas – macroeconomic development; public budgets; health and wellbeing; industrial productivity; and energy delivery – are investigated in-depth, showing compelling returns when the value of multiple benefits is calculated alongside traditional benefits of energy demand and greenhouse gas emissions reductions. Energy provider and infrastructure benefits e.g. Benefits attributed to the implementation of energy efficiency measures range from localised benefits, such as energy affordability, improved health, wellbeing and social development, to sectoral benefits, such as industrial productivity, improved asset … Dashed arrows indicate that there is no direct relationship with the central indicator of final energy savings. Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative, Global Commission for Urgent Action on Energy Efficiency, Promoting digital demand-driven electricity networks. Source: Unless otherwise noted, all material in figures and tables in this chapter derives from IEA data and analysis. Considering multiple benefits also has important implications for unravelling one of the persistent challenges in energy efficiency – the rebound effect – revealing that it often signals a positive outcome in terms of achieving broader social and economic goals. It was drafted by the IEA Energy Efficiency and Environment Division. In other literature, the multiple benefits of energy efficiency have been variously labelled "co-benefits", "ancillary benefits" and "non-energy benefits" – terms often used interchangeably with “multiple benefits”. Energy efficiency can therefore play a crucial role in ensuring both long- and short-term energy security in a cost-effective manner. The term multiple benefits aims to capture a reality that is often overlooked: investment in energy efficiency can provide many different benefits to many different stakeholders. This paper presents initial results from a project investigating the firm-level strategic benefits of energy efficiency. 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