Energy Efficiency Policy Workshop: Economic Recovery through Energy Efficiency
| Published Date | February 2021 |
|---|---|
| Type of Publication | Proceedings |
| Publication Under | SOM Steering Committee on Economic and Technical Cooperation (SCE), Energy Working Group (EWG) |
| Accessed | 1365 |
| Pages | 21 |
| Download publication | Download |
Description
This publication summarises the discussion and outcomes of the Energy Efficiency Policy Workshop held online in November 2020. The context of COVID-19 and economic recovery packages provided the overarching theme, but other important themes and lessons learnt emerged between the different discussions, including:
- The importance of sharing knowledge and best practices;
- Aggregating demand through bulk government procurement and scale, as well as other innovative financing solutions, these can together help pave the market for more energy efficient products, which might otherwise have a hard time doing so due to their higher upfront cost, but lower total cost of ownership (TCO);
- Similarly, the importance of creating a solid evidence base and gathering data from the bottom-up. Without this improved data, it is hard to provide appropriate products for customers; and
- The importance of focusing more on co-benefits of energy efficiency, such as job creation and other economic opportunities.