PANEL: COST EFFECTIVENESS OF ENERGY SAVINGS
Moderator: Piet Boonekamp, ECN
Energy savings are generally presented as cost-effective; most studies point out that energy users and society are better off financially with saving measures. After three decades of energy savings the cost-effectiveness of (extra) energy efficiency measures is not obvious any more. For instance, recent EU energy and climate policy has chosen for lower savings targets then the available potentials ,in a trade-off with renewable energy as cheaper future alternative.
However, the underlying cost-effectiveness debate is not only impeded by differences for cost data, but also by differences in methodologies for the calculation of costs and benefits of energy savings. An important cause for differences is the perspective taken: national, end user, government, including external costs and benefits, etcetera.
The goal of the panel is to reduce confusion on how to calculate cost-effectiveness by discussing the different perspectives, the suitable calculation methods and parameters from each perspective , and the application of the results for different purposes.
The issue is highly relevant for society, as the low-hanging fruit for savings will become depleted. But it also highly relevant for IEPPEC participants that assess energy savings, and should be aware of the different perspectives and adjacent methods and parameters, in order to provide the right answer to the questions on cost-effective savings.
PANELISTS [panel summary]
- Introductory presentation by Joost Gerdes, ECN: Disentangling Definition Issues in Determining the Costs of Energy Efficiency Measures [paper] [presentation]
- Wolfgang Eichhammer, Fraunhofer-ISI (Cost-effective energy savings potentials in EU countries) [presentation]
- David de Jager, Ecofys/ECEEE (The Crucial Role of Discount Rates in EC Energy System Modelling) [presentation]
- Rados Horacek, EC/DG ENER
- Christian Deconninck, chairman of ATEE (Why Do Stakeholders Care About the Evaluation of Cost-Effectiveness of Energy Efficiency Policies: the Example of the EEPPEE Initiative) [presentation]