Overcoming Market Barriers and Using Market Forces to Advance Energy Efficiency
Overcoming Market Barriers and Using Market Forces to Advance Energy Efficiency

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Publisher:

Published: 2013

Total Pages: 0

ISBN-13:

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"The United States has made much progress in energy efficiency in recent decades. U.S. energy use is approximately half of what it would have been if we had not improved our efficiency over the past 40 years. Still, there are large, cost-effective opportunities to increase energy efficiency much further, thereby helping us to cut energy bills, reduce pollution, and encourage economic growth. However, a variety of market failures and market barriers contribute to keeping us from fully realizing our energy efficiency potential. This report analyzes several targeted policies that leverage market forces and address specific market failures and barriers to energy efficiency without requiring substantial spending or government mandates."--Publisher's description (viewed Apr. 1, 2013).

Energy Efficiency
Energy Efficiency

Author: Ming Yang

Publisher: Springer

Published: 2015-02-21

Total Pages: 200

ISBN-13: 1447166663

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This book discusses how energy efficiency benefits the global environment, national energy security, local pollution mitigation, natural resource conservation, and utility bill reduction. In addition, this book provides many hands-on skills and knowledge to identify and develop energy efficiency projects. The literature review shows that energy efficiency has become the first fuel in the world energy supply. With empirical analyses, this book indicates that without continued investment in energy efficiency, neither China nor the U.S. could achieve their carbon emission reduction targets that were announced on November 13, 2014 during the Beijing 2014 APEC meeting. The authors argue that energy efficiency will become the first tool to mitigate climate change. These include (1) identifying energy efficiency barriers, (2) developing energy policies, (3) investing in energy efficient technologies, (4) undertaking project cost-effectiveness analysis, (5) de-risking and financing energy efficiency projects; (6) developing and managing energy service companies, and (7) promoting urban transport efficiency. Two case studies in energy efficiency improvement in electrical motors and industrial boilers are also presented. This book is written for college and university students, practitioners, researchers, consultants, project developers, and policy makers who want to dedicate their professional careers in global energy efficiency improvement, climate change mitigation, local clean air initiatives, and energy bill reduction.

The Economics of Energy Efficiency
The Economics of Energy Efficiency

Author: Steve Sorrell

Publisher: Edward Elgar Publishing

Published: 2004

Total Pages: 368

ISBN-13:

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This book examines energy management practices within a wide range of public and private sector organisations.

Market Barriers to Energy Efficiency
Market Barriers to Energy Efficiency

Author:

Publisher:

Published: 1996

Total Pages: 67

ISBN-13:

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This report reviews current perspectives on market barriers to energy efficiency. Ratepayer-funded utility energy-efficiency programs are likely to change in scope, size, and nature as the deregulation process proceeds; the authors research focuses on understanding to what extent some form of future intervention may be warranted and how they might judge the success of particular interventions, especially those funded by ratepayers. They find that challenges to the existence of market barriers have, for the most part, failed to provide a testable alternative explanation for evidence suggesting that there is a substantial ''efficiency gap'' between a consumer's actual investments in energy efficiency and those that appear to be in the consumer's own interest. They then suggest that differences of opinion about the appropriateness of public policies stem not from disputes about whether market barriers exist, but from different perceptions of the magnitude of the barriers, and the efficacy and (possibly unintended) consequences of policies designed to overcome them. They conclude that there are compelling justifications for future energy-efficiency policies. Nevertheless, in order to succeed, they must be based on a sound understanding of the market problems they seek to correct and a realistic assessment of their likely efficacy. This understanding can only emerge from detailed investigations of the current operation of individual markets.

Market Barriers to Energy Efficiency
Market Barriers to Energy Efficiency

Author:

Publisher:

Published: 1992

Total Pages: 28

ISBN-13:

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Discussions of energy policy in an environmentally constrained world often focus on the use of tax instruments to internalize the external effects of energy utilization or achieve specified reductions in energy use in the most cost-effective manner. A substantial literature suggests, however, that significant opportunities exist to reduce energy utilization by implementing technologies that are cost-effective under prevailing economic conditions but that are not fully implemented by existing market institutions. This paper examines the theory of the market for energy-using equipment, showing that problems of imperfect information and transaction costs may bias rational consumers to purchase devices that use more energy than those that would be selected by a well-informed social planner guided by the criterion of economic efficiency. Consumers must base their purchase decisions on observed prices and expectations of postpurchase equipment performance. If it is difficult or costly for individuals to form accurate and precise expectations, the level of energy efficiency achieved by competitive markets will vary from the socially efficient outcome. Such ''market barriers'' suggest a role for regulatory intervention to improve market performance at prevailing energy prices.

Real Prospects for Energy Efficiency in the United States
Real Prospects for Energy Efficiency in the United States

Author: National Research Council

Publisher: National Academies Press

Published: 2010-06-10

Total Pages: 349

ISBN-13: 0309156866

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America's economy and lifestyles have been shaped by the low prices and availability of energy. In the last decade, however, the prices of oil, natural gas, and coal have increased dramatically, leaving consumers and the industrial and service sectors looking for ways to reduce energy use. To achieve greater energy efficiency, we need technology, more informed consumers and producers, and investments in more energy-efficient industrial processes, businesses, residences, and transportation. As part of the America's Energy Future project, Real Prospects for Energy Efficiency in the United States examines the potential for reducing energy demand through improving efficiency by using existing technologies, technologies developed but not yet utilized widely, and prospective technologies. The book evaluates technologies based on their estimated times to initial commercial deployment, and provides an analysis of costs, barriers, and research needs. This quantitative characterization of technologies will guide policy makers toward planning the future of energy use in America. This book will also have much to offer to industry leaders, investors, environmentalists, and others looking for a practical diagnosis of energy efficiency possibilities.

America's Energy Future
America's Energy Future

Author: National Research Council

Publisher: National Academies Press

Published: 2010-01-15

Total Pages: 736

ISBN-13: 0309116023

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For multi-user PDF licensing, please contact customer service. Energy touches our lives in countless ways and its costs are felt when we fill up at the gas pump, pay our home heating bills, and keep businesses both large and small running. There are long-term costs as well: to the environment, as natural resources are depleted and pollution contributes to global climate change, and to national security and independence, as many of the world's current energy sources are increasingly concentrated in geopolitically unstable regions. The country's challenge is to develop an energy portfolio that addresses these concerns while still providing sufficient, affordable energy reserves for the nation. The United States has enormous resources to put behind solutions to this energy challenge; the dilemma is to identify which solutions are the right ones. Before deciding which energy technologies to develop, and on what timeline, we need to understand them better. America's Energy Future analyzes the potential of a wide range of technologies for generation, distribution, and conservation of energy. This book considers technologies to increase energy efficiency, coal-fired power generation, nuclear power, renewable energy, oil and natural gas, and alternative transportation fuels. It offers a detailed assessment of the associated impacts and projected costs of implementing each technology and categorizes them into three time frames for implementation.

Cryptic Barriers to Energy Efficiency
Cryptic Barriers to Energy Efficiency

Author: Alice Stover

Publisher:

Published: 2013

Total Pages: 0

ISBN-13:

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"Much time and effort has been invested in addressing the market barriers that inhibit greater investment in energy efficiency technologies and practices in the buildings sector. In addition to these common and well-known barriers (e.g., split incentives, asymmetrical information, higher first costs, etc.), there is a class of barriers that has received less attention. These barriers are cryptic in the sense that they are hidden or unrecognized; they do not stem from the same market failures that have been the subject of extensive study and the target of many policy and program interventions. Cryptic barriers reflect several different underlying problems, including regulatory uncertainty, archaic or legacy regulations, and inaccurate ratings and standards. This report is a first effort to characterize and explore cryptic barriers in some detail. We selected cryptic barrier case studies from the results of a broad survey to identify as many cryptic barriers as possible and start a compendium. Drawing on these cases, the objective of this report is to suggest opportunities for policy actions that could improve residential building efficiency and to propose potential tools to eliminate cryptic barriers"--Publisher's description viewed Sept. 6, 2013.