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Capturing the Multiple Benefits of Energy Efficiency

Author: International Energy Agency IEA December 01, 2014
Type:Technical Research Study

This publication is the result of an extensive review and synthesis of the state of the art of quantifying the multiple benefits of energy efficiency. More than 300 people from 27 countries and over 60 organisations were involved in the process and we believe this publication will lead to increased efforts to refine metrics and tools, build confidence in the multiple benefits approach and encourage innovation in energy efficiency policy design.

SUMMARY (extract):
Applying a multiple benefits approach to energy efficiency policy should enable a fuller understanding of the potential of energy efficiency. It signals a shift away from the traditional view of energy efficiency as simply delivering energy demand reductions, and recognises its important role in delivering concrete social and economic improvements. This shift could initiate a step-change in the uptake of energy efficiency opportunities and spur the international community onto an economically efficient path to achieving shared development goals. The multiple benefits approach could accelerate the shift of energy efficiency from its status as the “hidden fuel” to its emerging role as the “first fuel”. This book aims to articulate the scope and scale of several of these benefits, thereby building the case for considering multiple benefits as a matter of course in the energy efficiency policy process. A cross-section of emerging evidence provides evaluators with examples of how to better account for the benefits and costs of energy efficiency measures to support design and implementation of policy portfolios that maximize prioritised benefits. Ultimately, improved knowledge will enable governments to make their own assessment of the value of the multiple benefits approach, in line with national strategies. Significant further work is needed to deepen understanding of the policyoutcome dynamics at work, to improve metrics for measuring multiple benefits, and to continue building the evidence base to support policy decision making.

Each country taking steps towards a multiple benefits approach will have unique priorities, and will need to adapt the approach to its particular national context. This will influence evaluation requirements and data resources needed. Armed with more comprehensive information about the value of energy efficiency, countries will be better able to design energy efficiency policies that maximise these additional positive impacts within the context of achieving prioritised policy objectives.

CONTENT:

Taking a multiple benefits approach to energy efficiency
Macroeconomic impacts of energy efficiency
Public budget impacts of energy efficiency
Health and well-being impacts of energy efficiency
Industrial sector impacts of energy efficiency
Energy delivery impacts of energy efficiency
Conclusion: A new perspective on energy efficiency
Methodologies for the multiple benefits approach

The Multiple Benefits Network
Over 300 international experts participated in this research and consultation process. Those people now make up part of the Multiple Benefits Network established by the IEA in the context of this study. The Multiple Benefits Network will continue to facilitate information sharing with regards to policy and research on multiple benefits and support the building of consensus on assessment methods.
To join this network, please contact: nina.campbell@iea.org

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