The Multiple Benefits of the 2030 EU Energy Efficiency Potential

Johannes Thema, Felix Suerkemper, Johan Couder, Nora Mzavanadze, Souran Chatterjee, Jens Teubler, Stefan Thomas, Diana Ürge-Vorsatz, Martin Bo Hansen, Stefan Bouzarovski, Jana Rasch and Sabine Wilke
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Johannes Thema: Wuppertal Institute for Climate, Environment and Energy, Döppersberg 19, 42103 Wuppertal, Germany
Felix Suerkemper: Wuppertal Institute for Climate, Environment and Energy, Döppersberg 19, 42103 Wuppertal, Germany
Johan Couder: Department of Engineering Management, University of Antwerp, Prinsstraat 13, 2000 Antwerpen, Belgium
Nora Mzavanadze: School of Environment, Education and Development, University of Manchester, Oxford Road, Manchester M13 9PL, UK
Souran Chatterjee: Centre for Climate Change and Sustainable Energy Policy, Central European University, Nádor u. 9, 1051 Budapest, Hungary
Jens Teubler: Wuppertal Institute for Climate, Environment and Energy, Döppersberg 19, 42103 Wuppertal, Germany
Stefan Thomas: Wuppertal Institute for Climate, Environment and Energy, Döppersberg 19, 42103 Wuppertal, Germany
Diana Ürge-Vorsatz: Centre for Climate Change and Sustainable Energy Policy, Central European University, Nádor u. 9, 1051 Budapest, Hungary
Martin Bo Hansen: Copenhagen Economics, Langebrogade 1B, 1411 Copenhagen, Denmark
Stefan Bouzarovski: School of Environment, Education and Development, University of Manchester, Oxford Road, Manchester M13 9PL, UK
Jana Rasch: Wuppertal Institute for Climate, Environment and Energy, Döppersberg 19, 42103 Wuppertal, Germany
Sabine Wilke: Copenhagen Economics, Langebrogade 1B, 1411 Copenhagen, Denmark

Energies, 2019, vol. 12, issue 14, 1-19

Abstract: The implementation of energy efficiency improvement actions not only yields energy and greenhouse gas emission savings, but also leads to other multiple impacts such as air pollution reductions and subsequent health and eco-system effects, resource impacts, economic effects on labour markets, aggregate demand and energy prices or on energy security. While many of these impacts have been studied in previous research, this work quantifies them in one consistent framework based on a common underlying bottom-up funded energy efficiency scenario across the EU. These scenario data are used to quantify multiple impacts by energy efficiency improvement action and for all EU28 member states using existing approaches and partially further developing methodologies. Where possible, impacts are integrated into cost-benefit analyses. We find that with a conservative estimate, multiple impacts sum up to a size of at least 50% of energy cost savings, with substantial impacts coming from e.g., air pollution, energy poverty reduction and economic impacts.

Keywords: energy efficiency; cost-benefit analysis; impact assessment; multiple benefits; air pollutants; energy security; macro-economy; resources; fuel poverty (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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