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Effectiveness of energy efficiency certificates as drivers for industrial energy efficiency projects

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  • Di Foggia, Giacomo

Abstract

Policies for steering energy efficiency projects have multiple implications. Among others: economic opportunity, decrease of greenhouse gas emissions, security of supply, technological development. One of the key new instruments foreseen to support energy efficiency improvements is the energy efficiency certificate (EEC). Focusing on the industrial business case, the objective of this study is twofold. First, the paper analyses and discuss the energy performance contract, second it shows how EECs concur in supporting the investment. Specifically, results suggest that thanks to this instrument the payback time would be around 20% below the baseline hypothesis

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  • Di Foggia, Giacomo, 2020. "Effectiveness of energy efficiency certificates as drivers for industrial energy efficiency projects," SocArXiv s8jma, Center for Open Science.
    • Handle: RePEc:osf:socarx:s8jma
    DOI: 10.31219/osf.io/s8jma
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    References listed on IDEAS

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    1. Giacomo DI FOGGIA & Valentina LAZZAROTTI, 2013. "Business Implications Of Local Development Policies: The Case Of Dubai And The Travel Industry," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 8(1), pages 78-91, February.
    2. Jackson, Jerry, 2010. "Promoting energy efficiency investments with risk management decision tools," Energy Policy, Elsevier, vol. 38(8), pages 3865-3873, August.
    3. Fang, Wen Shwo & Miller, Stephen M. & Yeh, Chih-Chuan, 2012. "The effect of ESCOs on energy use," Energy Policy, Elsevier, vol. 51(C), pages 558-568.
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    Cited by:

    1. Anna Dahlqvist & Patrik S derholm, 2019. "Industrial Energy Use, Management Practices and Price Signals: The Case of Swedish Process Industry," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 30-45.
    2. repec:eco:journ2:2017-04-08 is not listed on IDEAS
    3. Grzegorz Zimon & Hossein Tarighi & Mahdi Salehi & Adam Sadowski, 2022. "Assessment of Financial Security of SMEs Operating in the Renewable Energy Industry during COVID-19 Pandemic," Energies, MDPI, vol. 15(24), pages 1-18, December.
    4. Di Foggia, Giacomo, 2021. "Energy-Efficient Products and Competitiveness in the Manufacturing Sector," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7(1).
    5. Grzegorz Zimon & Marek Sobolewski & Grzegorz Lew, 2020. "An Influence of Group Purchasing Organizations on Financial Security of SMEs Operating in the Renewable Energy Sector—Case for Poland," Energies, MDPI, vol. 13(11), pages 1-17, June.
    6. Grzegorz Zimon, 2020. "Financial Liquidity Management Strategies in Polish Energy Companies," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 365-368.
    7. John William Grimaldo Guerrero & Andr s David Rodr guez Toscano & Lucelys Vidal Pacheco & Jos Osorio Tovar, 2018. "Analysis of the Energetic and Productive Effects Derived by the Installation of a Conveyor Belt in the Metal-mechanic Industry," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 196-201.
    8. Giacomo Di Foggia & Massimo Beccarello & Marco Borgarello & Francesca Bazzocchi & Stefano Moscarelli, 2022. "Market-Based Instruments to Promote Energy Efficiency: Insights from the Italian Case," Energies, MDPI, vol. 15(20), pages 1-16, October.
    9. Mulualem G. Gebreslassie, 2022. "Comparative assessment of the challenges faced by the solar energy industry in Ethiopia before and during the COVID‐19 pandemic," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 11(2), March.
    10. Giacomo Di Foggia & Massimo Beccarello, 2023. "Opportunity Cost of Carbon Pricing and White Certificate Programs: A Business Case," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 15(5), pages 150-150, May.
    11. Ainur O. Ongdash & Amalbek D. Omirtay & Manshuk T. Bayetova & Ernur Ongdashuly, 2020. "Economic Growth Modeling for the Republic of Kazakhstan Based on the Higher Energy Efficiency Level," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 396-403.
    12. Di Foggia, Giacomo, 2018. "Smart metering projects: an interpretive framework for successful implementation," OSF Preprints zcf34, Center for Open Science.

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    More about this item

    JEL classification:

    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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