Enhancing Energy Efficiency Standards and Labels to Combat GHG Emissions: Opportunities Ahead
120 likes | 244 Views
This document explores the significant role of energy efficiency standards and labels (S&L) in reducing greenhouse gas (GHG) emissions. It highlights their cost-effectiveness as a mitigation option and discusses implications for the electricity industry. By emphasizing current policies aimed at reducing electricity demand and CO2 emissions, it identifies future opportunities to promote awareness and expand S&L activities globally. The report shows the potential for increased net savings through improved standards across various sectors. Collaboration among governments and industries is essential for maximized impact.
Enhancing Energy Efficiency Standards and Labels to Combat GHG Emissions: Opportunities Ahead
E N D
Presentation Transcript
Objectives • Highlight the contribution energy efficiency standards and labels (S&L) can make to GHG emission reductions • It provides a very low cost mitigation option • Discuss the importance to the Electricity Industry • Identify future opportunities for increasing the awareness and coverage of S&L activities
Standards and labelling: dynamic policy measures to raise equipment efficiency
54+ countries with 80% of the world’s population have standards and labelling
What are the impacts of current standards & labelling policies? • Current policies across the IEA are on course to: • reduce electricity demand by 12.5% in 2020 • avoid 209 Mt-CO2 emissions per year by 2020 • The net cost of avoided CO2 in 2010 is projected to be: • $78/Tonne-CO2 in IEA-North America • 241 Euro/Tonne-CO2 in IEA-Europe • Substantially greater savings are possible
Residential electrical electricity consumption scenarios in IEA countries -35%
What is the impact of strengthening policies to deliver the lowest overall energy service cost? • For domestic electric appliances in IEA countries alone it would: • reduce electricity demand by 35% in 2020 • avoid 524 Mt-CO2 emissions per year • at a strong net negative cost! At a global level the emission reduction potential is very large • Just a 10% efficiency improvement delivers 1000mtpy CO2 reductions by 2020
But standards and labelling are still in their infancy • Beyond appliances they are increasingly being applied to other end-uses including: • Buildings (e.g. EU Energy Performance in Buildings Directive, US Energy Star) • Vehicles (EU, Japan, China) • Commercial equipment (refrigerated display cabinets, central air conditioners, office equipment etc.) • Industrial equipment (motors, boilers) • Non-energy using products (windows, tyres, insulation) C E F A
30 25 Base Case High Efficiency Case 20 TWh 15 10 5 0 2000 2005 2010 2015 2020 Distribution Transformer - India Total Electricity Consumption by Distribution Transformers in India Transformer losses can be significantly improved (>50%)
India - Impact of Energy Efficiency in 2020 • 4 products: 22% of electricity consumption in 2020, in business-as-usual case • If MEPS by 2010, estimated savings of 2.5% by 2020 • Cumulative CO2 reductions: 538 million tons • Net present value: US$5.5 billion
Future Directions and Outlook • S&L: vital tools of energy efficiency policies • But require international commitment by governments and industry • International alignment and coverage important • Electricity industry should support (increasing) minimum standards • Move to energy service provision – not just selling electricity • Active energy efficiency programs pay dividends • Load management, increased energy security and reduced system costs and investment requirements • Need to make the business case for international standards convergence and engaging the developing world
