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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

Suggested Citation

  • 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. Jackson, Jerry, 2010. "Promoting energy efficiency investments with risk management decision tools," Energy Policy, Elsevier, vol. 38(8), pages 3865-3873, August.
    2. 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.
    3. 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.
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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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