Two excellent energy efficiency papers

The journal Energy Policy provides two excellent energy efficiency papers on the impact of energy labels and the possible role of how feed-in tariffs can be an option to promote energy saving.

The first paper, entitled The impact of energy labels and accessibility on office rents is by Nils Kok from Maastricht University and Maarten Jennen from RSM Erasmus, CBRE Global Investors.  Energy consumption in the commercial property sector offers an important opportunity for conserving resources.  The study evaluated the financial implications of two elements of “sustainability” – energy efficiency and accessibility – in the market for commercial real estate.  An empirical analysis of some 1100 leasing transactions in the Netherlands over the 2005-2010 period shows that buildings designated as inefficient command rental levels that are some 6.5 % lower as compared to energy efficient but otherwise similar buildings.  Furthermore, this study shows that office buildings in multi-functional areas, with access to public transport and facilities, achieve rental premiums over mono-functional office districts.  The results provide an indication on the effectiveness of the EU EPC as a market signal.  For more information, go to http:// dx.doi.org/10.1016/j.enpol.2012.04.015.

The second paper entitled Energy saving in energy market reform—The feed-in tariffs option is by Nick Eyre from Oxford’s Environmental Change Institute, School of Geography and Environment. The use of feed-in tariffs (FITs) is now widespread for renewable energy and under discussion for other low carbon electricity generation, but not for energy efficiency. There is a small literature on FITs for electricity demand reduction, but not energy efficiency more generally. The paper considers the general application of FITs on the demand side and sets out the economic arguments in the context of changing energy markets. It then discusses the implications of some practical issues, including the definitional problems arising from the difference between energy efficiency and demand reduction. Using experience from historical energy efficiency programmes, it considers the public benefits, payment methods and policy scope that need to be considered and how these might affect policy design. It makes some provisional estimates of economically justified payments in the context of the proposed UK energy market reform. It concludes that FITs for energy saving might be a powerful tool for incentivising energy efficiency.  More information is available from http://dx. doi.org/10.1016/j.enpol.2012.07.042

3 thoughts on “Two excellent energy efficiency papers

  1. Dear Editor:

    I am very interested in the paper on using the FiT concept for EE. As part of a World Bank team, I initiated the implementation of the Standard Offer program in South Africa for acquisition of energy savings, and am currently working on designing a similar effort in India.

    i would like to get a copy of the paper by Nick Eyre and/or his e-mail so I can exchange information with him. By the way, the link you have provided at the end of your news item does not work.

      1. Thank you for the link. I can access the paper there (for $19.95), but in the meantime, Nick Eyre has already responded to an e-mail I sent him and we have exchanged our respective papers on the subject of a standard offer or an FiT for EE.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.