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Retrospective Examination of Demand-side Energy-efficiency Policies

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  • Palmer, Karen

    ()
    (Resources for the Future)

  • Newell, Richard

    ()
    (Resources for the Future)

  • Gillingham, Kenneth

Abstract

Energy efficiency policies are a primary avenue for reducing carbon emissions, with potential additional benefits from improved air quality and energy security. We review literature on a broad range of existing non-transportation energy efficiency policies covering appliance standards, financial incentives, information and voluntary programs, and government energy use (building and professional codes are not included). Estimates indicate these programs are likely to have collectively saved up to 4 quads of energy annually, with appliance standards and utility demand-side management likely making up at least half these savings. Energy Star, Climate Challenge, and 1605b voluntary emissions reductions may also contribute significantly to aggregate energy savings, but how much of these savings would have occurred absent these programs is less clear. Although even more uncertain, reductions in CO2, NOX, SO2, and PM-10 associated with energy savings may contribute about 10% more to the value of energy savings.

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Bibliographic Info

Paper provided by Resources For the Future in its series Discussion Papers with number dp-04-19.

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Date of creation: 08 Jun 2004
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Handle: RePEc:rff:dpaper:dp-04-19

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Keywords: energy efficiency policy; appliance standards; information; incentives; voluntary programs;

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Cited by:
  1. Burtraw, Dallas & Palmer, Karen, 2005. "The Environmental Impacts of Electricity Restructuring: Looking Back and Looking Forward," Discussion Papers dp-05-07, Resources For the Future.
  2. Toshi H. Arimura & Shanjun Li & Richard G. Newell & Karen Palmer, 2011. "Cost-Effectiveness of Electricity Energy Efficiency Programs," NBER Working Papers 17556, National Bureau of Economic Research, Inc.
  3. Blonz Joshua & Burtraw Dallas & Walls Margaret A, 2010. "Climate Policy's Uncertain Outcomes for Households: The Role of Complex Allocation Schemes in Cap-and-Trade," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(2), pages 1-35, November.
  4. Daubanes, Julien, 2009. "Changement climatique, instruments économiques et propositions pour un accord post-Kyoto: une synthèse," TSE Working Papers 09-006, Toulouse School of Economics (TSE).
  5. Benjamin Sovacool, 2007. "Coal and nuclear technologies: creating a false dichotomy for American energy policy," Policy Sciences, Springer, vol. 40(2), pages 101-122, June.
  6. Jackson, Jerry, 2010. "Improving energy efficiency and smart grid program analysis with agent-based end-use forecasting models," Energy Policy, Elsevier, vol. 38(7), pages 3771-3780, July.
  7. Newell, Richard & Wilson, Nathan, 2005. "Technology Prizes for Climate Change Mitigation," Discussion Papers dp-05-33, Resources For the Future.
  8. Carley, Sanya, 2011. "Decarbonization of the U.S. electricity sector: Are state energy policy portfolios the solution?," Energy Economics, Elsevier, vol. 33(5), pages 1004-1023, September.
  9. Roland-Holst, David W., 2008. "Energy efficiency, innovation, and job creation in California," CUDARE Working Paper Series 1069, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
  10. Gillingham, Kenneth, 2009. "Economic efficiency of solar hot water policy in New Zealand," Energy Policy, Elsevier, vol. 37(9), pages 3336-3347, September.
  11. Sanya, Carley, 2010. "Decarbonization of the U.S. electricity sector: Are state energy policy portfolios the solution?," MPRA Paper 28256, University Library of Munich, Germany, revised 18 Jun 2010.
  12. Berry, David, 2008. "The impact of energy efficiency programs on the growth of electricity sales," Energy Policy, Elsevier, vol. 36(9), pages 3620-3625, September.
  13. Stavins, Robert & Jaffe, Adam & Newell, Richard, 2004. "A Tale of Two Market Failures: Technology and Environmental Policy," Discussion Papers dp-04-38, Resources For the Future.
  14. Fischer, Carolyn, 2005. "On the importance of the supply side in demand-side management," Energy Economics, Elsevier, vol. 27(1), pages 165-180, January.
  15. Sorrell, Steve & Harrison, David & Radov, Daniel & Klevnas, Per & Foss, Andrew, 2009. "White certificate schemes: Economic analysis and interactions with the EU ETS," Energy Policy, Elsevier, vol. 37(1), pages 29-42, January.

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