Energy audits play an important role in promoting energy-efficiency measures in SMEs. This paper uses EIB Investment Survey data about energy audits and energy-efficiency investments of some 12,500 signatures from EU28 Member States per year. It suggests that: Energy audits are a useful tool for overcoming the information barriers and facilitating investments in energy-efficiency measures They are more important for small firms and for investments in things such as such as lighting, wall insulation etc. than in production processes such as the replacement of machinery and equipment The beneficial impact of energy audits ceases to exist, however, when firms are finance constrained Information campaigns are one of the most efficient available instruments among other instruments (regulatory, financial and voluntary agreements) for promoting energy audits in SMEs.
Energy efficiency is the best tool to improve sustainability and affordability of energy services. However, there are considerable challenges when it comes to identifying opportunities and measurement. This monograph provides a comprehensive understanding of the trends and progress made in terms of energy intensity in Latin America and the Caribbean (LAC) compared to other world regions and nationally by looking at the aggregate, industrial and household levels. Additionally, it discusses the limitations of using such indicator to measure energy efficiency in LAC. In order to complement perspectives resulting from this indicator, it investigates the counterpart challenge of promoting energy efficiency: creating incentives. To address this challenge, the present document proposes a conceptual framework through which to analyze energy efficiency policies and regulation across the region. This framework consists of four steps: Law and regulation, Types of incentives, Targets and Governance and Support. The analysis carried out leads to policy recommendations at both the national and regional levels.
The climate crisis and the COVID-19 pandemic remind us that we cannot face down our challenges alone--our solutions must be global. The European Investment Bank is at the heart of the push to turn EU policy initiatives into real development solutions on the ground. This report provides insights into our vital projects and initiatives outside the European Union, data on their impact and ideas for the future of development through a series of expert essays.
The Europe Union's massive efforts to rebuild after the coronavirus pandemic present a unique opportunity to transform its economy, making it more green and digital – and ultimately more competitive. The Investment Report 2020-2021 looks at the toll the pandemic took on European firms' investment and future plans, as well as their efforts to meet the demands of climate change and the digital revolution. The report's analysis is based on a unique set of databases and data from a survey of 12 500 firms conducted in the summer of 2020, in the midst of the COVID-19 crisis. While providing a snapshot of the heavy toll the pandemic took on some forms of investment, the report also offers hope by pointing out the economic areas in which Europe remains strong, such as technologies that combine green and digital innovation.
While energy efficiency projects could partly meet new energy demand more cheaply than new supplies, weak economic institutions in developing and transitional economies impede developing and financing energy efficiency retrofits. This book analyzes these difficulties, suggests a 3-part model for projectizing and financing energy efficiency retrofits, and presents thirteen case studies to illustrate the issues and principles involved.
The Investment Report, issued annually by the European Investment Bank, provides a comprehensive overview and analysis of investment and the financing of investment in the European Union. It combines the exploration of investment trends with in-depth analysis, focusing especially on the drivers and barriers to investment activity. The report leverages on a unique set of databases and survey data, including EIBIS, an annual survey of 13 500 firms in Europe, which focuses on their assessment of investment and investment finance conditions, and which allows analysis with firm balance sheet information. The report provides critical inputs to policy debates on the need for public action on investment, and on the types of intervention that can have the greatest impact.
Industrial energy efficiency is one of the most important means of reducing the threat of increased global warming. Research however states that despite the existence of numerous technical energy efficiency measures, its deployment is hindered by the existence of various barriers to energy efficiency. The complexity of increasing energy efficiency in manufacturing industry calls for an interdisciplinary approach to the issue. Improving energy efficiency in industrial energy systems applies an interdisciplinary perspective in examining energy efficiency in industrial energy systems, and discusses how “cross-pollinating” perspectives and theories from the social and engineering sciences can enhance our understanding of barriers, energy audits, energy management, policies, and programmes as they pertain to improved energy efficiency in industry. Apart from classical technical approaches from engineering sciences, Improving energy efficiency in industrial energy systems couples a sociotechnical perspective to increased energy efficiency in industry, showing that industrial energy efficiency can be expected to be shaped by social and commercial processes and built on knowledge, routines, institutions, and methods established in networks. The book can be read by researchers and policy-makers, as well as scholars and practicians in the field. “This book is extremely valuable for anyone who is designing or executing energy efficiency policies, schemes or projects aiming at SMEs. Both authors deserve the highest respect, and the combination of their expertise makes the results truly unique.” - Daniel Lundqvist, programme manager at the Swedish energy agency “For anyone interested in improving energy efficiency in industry, this is a must-read. The book combines tools from social science and engineering to discuss the state of art today as well as possible development path tomorrow. This is a compelling book that I find useful both in my teaching and my research.” - Kajsa Ellegård, Professor at Linköping University, Sweden "The book Improving energy efficiency in industrial energy systems is a novel approach on how improved levels of energy efficiency can be reached in industrial energy systems by merging engineering with social sciences. It is with delight that I can recommend their book to anyone interested in the field.”- Mats Söderström, Director Energy Systems Programme, Linköping University, Sweden
Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.
