Energy efficiency is first step to sustainable energy, says WEC

 

SYDNEY, Australia, 2004-09-15 (Refocus Weekly)

“Adequate pricing” is necessary to promote energy efficiency, according to a study conducted by the World Energy Council and Agence de l'Environnement et de la Maîtrise de l'Energie.

“The first step in developing any energy efficiency policy is to adjust energy prices in order to give correct signals to consumers,” it concludes in ‘Energy Efficiency Policies: A Worldwide Review’ that was released at the World Energy Congress in Australia. The report evaluates energy efficiency policies in 63 countries, based on specific policy measures dealing with minimum energy efficiency standards, innovative energy efficiency funds, agreements on energy efficiency, local energy information centres and packages of measures.

“The primary long-term drivers of energy efficiency policies are security of energy supply, efficiency of national economies, environmental concerns, including global warming and, in developing countries, investment constraints on the energy supply side,” says Norberto de Franco Medeiros of WEC. “The enormous potential of energy efficiency improvements at all stages of energy production and use is widely recognized, but realising this potential remains a global challenge.”

“Development of a more energy efficient global economy is a first step on the path towards sustainable energy development and, like all first steps, is not easy to take,” he adds. “The experience the World Energy Council has accumulated in this area can help make this step a little easier.”

Energy sector liberalisation and the globalisation of economies make the intervention of governments much more difficult because unilateral measures, such as energy taxes, can weaken domestic industries facing international competition, it concludes. Climate change will impose a constraint on energy consumption, even if flexibility mechanisms temporarily alleviate this constraint. Tradable permits for CO2 emissions may allow developed countries to avoid major controls on their industries in the short term but, in the long term, the price of permits will increase and raise the price of energy.

Coordination of certain policies and measures at the international level would help to overcome the obstacles in the implementation of both standards and price signals, it adds. Infrastructure investment decisions should incorporate the possibility of increased energy prices and constraints on CO2 emissions.

“This new report and the associated WEC Energy Efficiency project aim to facilitate the global exchange of information and experience relating to energy efficiency and can be extremely useful in helping to identify the most effective policy measures for countries which have recently embarked on the development and implementation of energy demand management policies,” says François Moisan of ADEME, who was chair of the study.


Click here for more information

Visit http://www.sparksdata.co.uk/refocus/ for your international energy focus!!

 

Refocus © Copyright 2004, Elsevier Ltd, All rights reserved.