Energy-conservation-investment decision making in developing countries: A review of project implementation in industry. Final report
Despite recent efforts in a number of developing countries to promote energy conservation (EC) and efficiency, only a fraction of EC potential has been captured, especially for projects that require significant investments. The document analyzes EC efforts in 11 countries where energy audit and/or feasibility study programs have been carried out (Bangladesh, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Jordan, Pakistan, Panama, the Philippines, and Sri Lanka), covering some 1,500 EC projects involving 242 industrial companies. Cost and length of payback seem to be the determining factors for companies considering EC measures; no-cost or low-cost projects with paybacks of less than a year (such as power factor improvement projects) had the highest rate of implementation, while expensive, complicated projects (e.g., cogeneration or fuel substitution projects) were most often rejected. The document concludes, however, that the rate of implementation of EC programs has been quite high, and recommends that inexpensive, short-term projects be featured in future EC programs and increased levels of TA and financial assistance be made available to companies implementing long-term EC measures.
- Research Organization:
- RCG/Hagler, Bailly, Inc., Washington, DC (USA)
- OSTI ID:
- 7027003
- Report Number(s):
- PB-90-224619/XAB; HBI-REF-89-4222-171
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
DEVELOPING COUNTRIES
ENERGY CONSERVATION
ENERGY EFFICIENCY
IMPLEMENTATION
COST BENEFIT ANALYSIS
DECISION MAKING
FINANCIAL ASSISTANCE
INTEREST RATE
INVESTMENT
PROGRESS REPORT
RESEARCH PROGRAMS
DOCUMENT TYPES
EFFICIENCY
FINANCIAL INCENTIVES
FINANCING
291000* - Energy Planning & Policy- Conservation