Effectiveness of Energy Efficiency Certificates as Drivers for Industrial Energy Efficiency Projects

Giacomo Di Foggia

International Journal of Energy Economics and Policy, 2016, vol. 6, issue 2, 273-280

Abstract: The efficiency of policies in steering the implementation of energy efficiency (EE) projects has multiple implications including economic opportunity such as reduction of greenhouse gas emissions, security of supply, technological development opportunity for industry. One of the key new instruments foreseen to support EE improvements is the EE certificate (EEC). Focusing on the industrial business case, the purpose of this paper is two-fold. First the energy performance contact is analyzed and discussed, second this paper shows how EECs concur in supporting the viability of the investment. Specifically, results suggest including this instrument the payback time reduction would be around 20% below the baseline hypothesis

Keywords: Energy Efficiency Certificates; Energy Efficiency; Energy Policy; Payback Time; Energy Performance Contract (search for similar items in EconPapers)
JEL-codes: H3 L52 Q48 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Related works:
Working Paper: Effectiveness of energy efficiency certificates as drivers for industrial energy efficiency projects (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2016-02-16

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