Linking market-based energy efficiency programs to economic growth, sustainable development and climate change objectives
Market-based energy efficiency programs provide a means to simultaneously meet energy and environmental objectives, while also stimulating economic growth. Cost-effective energy efficiency programs provide a no regrets strategy for reducing air emissions. The case study presents in this paper applies economic and energy modeling techniques to examine the aggregate economic and environmental benefits of building sector energy efficiency programs initiated by the New York State Energy Research and Development Authority (NYSERDA). While research by energy efficiency and environmental advocates has emphasized the long-term economic benefits of pursuing energy efficiency measures, such research is typically based on engineering estimates of technical potential of various technologies. In contrast, the data presented in this paper are derived, to the extent possible, from on-site evaluations at specific customer locations in New York. More importantly, this paper focuses on proven program mechanisms, developed and successfully applied by NYSERDA, for overcoming market barriers and delivering the energy efficiency measures. The analysis provides compelling evidence that investments in energy efficiency are good business, not only for program participants, but for society in general. As New York enters the next century, market-based energy efficiency programs can provide customers and government decision-makers with the tools necessary to move toward a more sustainable economy that is growing, clean, and efficient. Furthermore, NYSERDA's energy efficiency programs and open planning process provide a model of implementation that can be replicated in other states to provide benefits similar to those identified in this study.
- Research Organization:
- New York State Energy Research and Development Authority, NY (US)
- OSTI ID:
- 20006377
- Report Number(s):
- CONF-980815-; TRN: IM200007%%433
- Resource Relation:
- Conference: 1998 ACEEE Summer Study on Energy Efficiency in Buildings, Pacific Grove, CA (US), 08/23/1998--08/28/1998; Other Information: 10 volume set available for $200.00; PBD: 1998; Related Information: In: 1998 ACEEE summer study on energy efficiency in buildings: Proceedings, [3100] pages.
- Country of Publication:
- United States
- Language:
- English
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