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. Overview of multiple benefits of energy efficiency and their interconnections (environmental: green, economic: orange, social: blue). Dashed arrows indicate that there is no direct relationship with the central indicator of final energy savings. 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”. Hear from international experts on the multiple benefits of energy efficiency. It was drafted by the IEA Energy Efficiency and Environment Division. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. According to the IEA’s report, Capturing the Multiple Benefits of Energy Efficiency, 2013, the global economy could increase by $18 trillion by 2035 if we adopted energy efficiency as the "first choice" for new energy supplies, which would also achieve the emission reductions required to limit global warming to 2°C. A report by the International Energy Agency. Energy efficiency is not only a way to reduce emissions for businesses, regions and nations in isolation, but a necessity to pave the way for technologies like hydrogen. The IEA Energy Papers offer in-depth investigation of energy topics, and explore emerging issues and challenges in … IEA Measures Multiple Benefits of Energy Efficiency story highlights. 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. 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. Work with us to make efficiency strategic. 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. 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. The Multiple Benefits of energy efficiency project works with businesses to quantify all benefits and impacts to competitive advantage. The multiple benefits of energy efficiency for individual busi-nesses have not received sufficient research attention. 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. 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. e.g. Energy efficiency reduces the amount of energy needed to deliver services, such as mobility, lighting, heating and cooling. EECA Evaluation Tools Examining the potential – 5 tools Evaluative Requirements – 7 tools Methodologies – 4 tools and counting . 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 … Perspectives on the multiple benefits of energy efficiency for Brazil - Event listed by the International Energy Agency 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. The IEA book ”Multiple Benefits of Energy Efficiency” dives deeper into the benefits of cleantech technologies contributing to industries and society. This report is the IEA’s review of global developments in energy efficiency. Their recent study investigating the “multiple benefits” of energy efficiency raises the profile of the overlooked poten-tial that remains in delivering against the domestic social and IEA has done a lot of work here: two years, four workshops and 300 specialists involved. Through its work, the IEA advocates policies that will enhance the reliability, affordability and sustainability of energy in its 30 member countries, 8 association countries and beyond. energy efficiency work and increased disposable income can generate direct and indirect jobs in energy and other sectors. Improvements in energy efficiency offers considerable value for economies, societies and SMEs themselves, but efficiency investment is … 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. This paper presents initial results from a project investigating the firm-level strategic benefits of energy efficiency. Campbell [10] presented the multiple benefits approach, which was further refined by the IEA [11]. Energy efficiency can bolster regional or national energy security. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. In partnership with EPE and the Ministry of Mines and Energy, IEA will promote a webinar on Multiple Benefits of Energy Efficiency This webinar is part of the scope of the joint work plan of Brazil and the IEA and will be held in September 19th,from 10:00 to 11:00 (Brasilia time), from the from the IEA's headquarters in Paris, France. Why do companies ignore energy efficiency? You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. IEA (2015), Capturing the Multiple Benefits of Energy Efficiency, IEA, Paris https://www.iea.org/reports/capturing-the-multiple-benefits-of-energy-efficiency. According to the IEA’s report, Capturing the Multiple Benefits of Energy Efficiency, 2013, the global economy could increase by $18 trillion by 2035 if we adopted energy efficiency as the "first choice" for new energy supplies, which would also achieve the emission reductions required … [12] proposed several methods for the quantification of multiple benefits or ‘multiple impacts’ of energy efficiency in a green economy context developed as part of the COMBI project1. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Help energy providers in providing a better energy service to their customers, reducing operating costs and improving profit margins. Now the IEA is in the process of updating its work on this topic, including gathering new evidence of … Optimizing energy delivery Direct benefits for utilities: in a resource constrained operating context Indirect benefits for utilities: increased affordability reduces customer default and associated costs IEA (2014), Capturing the Multiple Benefits of Energy Efficiency, OECD/IEA, Paris. Now, in its ‘Energy Efficiency 2020’ report, it has recorded the poorest rate of improvement in primary energy intensity since 2010. 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 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 Key point A multiple benefits approach to energy efficiency reveals a broad range of potential 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. Lowering the cost of energy services frees up resources for households, businesses and governments. 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. Energy Energy use benefit from improved efficiency and reduced embodied energy from increased durability Environmental Air pollution, solid waste, wastewater, and reduced input materials Multiple Benefits of Energy Efficiency: Societal Perspective Benefits: economic and environmental impacts that provide multiple benefits for years. (For interpretation of the references to colour in this figure legend, the reader is referred to the Web version of this article). Evaluating the Multiple Benefits of Energy Efficiency, A Technical Workshop with a focus on the Buildings Sector - Event listed by the International Energy Agency 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. 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. 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. A report by the International Energy Agency. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. In addition, improvements in operation and process reliability, which can result from efficiency gains, lead to reductions in equipment downtime, shutdowns or … 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, Having been happy to be a part of this project, here are are my top three highlights. 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 … economic growth and energy security. Often, project proposals focus solely on energy savings, which are insufficient to justify investment. By reducing overall energy demand, efficiency can reduce reliance on imports of oil, gas and coal. Multiple Benefits of Energy Efficiency - Analysis and key findings. This workshop report was prepared for the workshop on Evaluating the Multiple Benefits of Energy Efficiency held in March 2012 at the IEA headquarters in Paris, France. 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 More than 70 participants from the public and private sectors are attending the event and discuss the latest thinking on designing, evaluating and communicating […] Source: Unless otherwise noted, all material in figures and tables in this chapter derives from IEA data and analysis. Energy efficiency can bring multiple benefits, such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals and increasing prosperity. Perspectives on the multiple benefits of energy efficiency for Brazil - Event listed by the International Energy Agency Thank you for subscribing. 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. Industry investing in energy efficiency generates up to 50 percent more added value on top of energy savings. 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. The International Energy Agency has released the latest in its series of annual reports on the field of energy efficiency. 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. Quantifying the Multiple Benefits of Energy Efficiency and Renewable Energy: A Guide for State and Local Governments State and local energy efficiency and renewable energy investments can produce significant benefits, including lower fuel and electricity costs, increased grid reliability, better air quality and public health, and more job opportunities. The IEA uses the term multiple benefits, which is broad enough to reflect the heterogeneous nature of outcomes of energy efficiency improvements and to avoid pre-emptive prioritisation of … 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. 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 IEA uses the term multiple benefits, which is broad enough to reflect the heterogeneous nature of outcomes of energy efficiency improvements and to avoid pre-emptive prioritisation of various benefits; different benefits will be of interest to different stakeholders. 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