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Transforming the Way We Use Energy

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INTERNATIONAL ENERGY AGENCY. AGENCE INTERNATIONALE DE L'ENERGIE. Transforming the Way ... Capital stock turnover You don't kill the 'cash cow. ... – PowerPoint PPT presentation

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Title: Transforming the Way We Use Energy


1
Transforming the Way We Use Energy
  • Richard A. Bradley, PhD
  • Head, Energy Efficiency and Environment Division
  • International Energy Agency

2
LONG-TERM MITIGATION OBJECTIVE
CO2 emissions must approach zero for all
stabilization levels, even for 1000ppm which is
nearly 3 times current concentrations.
IPCC 2001
Source Adapted from Haroon S. Kheshgi
3
Other Objectives
Economic Growth
Energy Security
Environmental Protection
Bridging the Welfare Gap
4
Atmosphere 790 PgC
5
Mitigation Policy Technology
Capital Stock Turnover Rates
  • Capital stock turnoverYou dont kill the cash
    cow. Thus, the margin for learning is the new
    capital stock market.
  • Increasing marginal cost of rapid deployment.

Early market signals and technology RD can work
together to assist the market transition
Policies and RD are inseparable!
Source Adapted from PNL/U of Maryland
6
Are We On Track?
7
Global Energy-Related CO2 Emissions
In 2030, CO2 emissions are 16 lower than in the
Reference Scenario, but are still more than 50
higher than 1990
8
Contributory Factors in CO2 Reduction 2002-2030
100
80
60
40
20
0
Improvements in end-use efficiency contribute
more than half renewables 20 of the reduction
in emissions
9
(No Transcript)
10
The Transition Challenges
  • Near term policy implementation
  • Energy efficiency
  • Technology Development and Rapid Diffusion
  • Institutional change

11
Actual Energy Use and Hypothetical Energy Use
Without Intensity Reductions, IEA-11
Without 25 years of energy savings, energy
consumption would have been almost 50 higher
12
Projected additional potential savings by
end-use for IEA-Europe
TWh/year
13
Key lighting findings no-policies,
current-policies and LLCC-scenarios
14
Recommended illumination levels vary
Source Market Research on the use of
energy-efficient lighting in the commercial
sector C.Kofod et al
15
Lighting level acceptance a moving variable?
16
Policy Challenges for the Future
  • Considerable potentials for improved energy
    efficiency still exist, but
  • Energy efficiency potential has some of the
    character of energy reserves.
  • Public policy efforts are essential to
  • Internalise the cost of environmental
    consequences in energy prices.
  • Adopt norms and standards.
  • Stimulate the development of more efficient
    technologies.
  • Energy efficiency is not easy, nor glamorous
    ITS THE SMALL THINGS THAT MATTER!

17
The G8 Gleneagles Plan of Action
  • It builds the analytical foundation for targeting
    market failures and applying the appropriate
    response for mapping out the energy efficiency
    potential.
  • Where are we using energy in industry and how
    efficiently? Assessment of energy performance
    experience.
  • What policies are in place? a database on
    policies, codes and standards by major sector
  • How can we do better? analysis and
    identification of best policy practice.
  • Brings major energy users together in a dialogue.
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