How volume equipment purchases can build markets for energy-efficient technologies
- Pacific Northwest Lab., Richland, WA (United States)
Ever since the Energy Crisis of 1973--1974, the US and other countries have tried to bring more energy-efficient appliances, equipment, and practices into the market place at a more rapid pace than unmodified market forces would permit. The process of overcoming market barriers, also known as market transformation, requires: (1) the potential for manufacturing better equipment at acceptable costs; (2) informed buyers and sellers; (3) appropriate catalyst(s) to spur market forces; and (4) financing. Governments can provide several of these preconditions by organizing early volume purchases of new technology. Two recent examples of volume purchase programs organized by Pacific Northwest National Laboratory illustrate both the potential of such programs to transform markets and the types of issues that must be addressed in developing a successful program.
- OSTI ID:
- 6178830
- Journal Information:
- Strategic Planning for Energy and the Environment, Journal Name: Strategic Planning for Energy and the Environment Vol. 18:4; ISSN 1048-5236; ISSN SEENEJ
- Country of Publication:
- United States
- Language:
- English
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