Presentation on The Multiple Benefits of Energy Efficiency: An overview by Nina Campbell, Databuild Research & Solutions at the Unlocking the energy Efficiency Opportunity report launch 2015. The seminar presented new insights including the scale of the energy efficiency opportunity; the costs and benefits of 2020 target achievement; and policy options based on a new analysis of investor behaviour and decision-making. The launch of the report was accompanied by presentations from exemplar projects from the SEAI energy efficiency programmes and a panel discussion exploring how we might accelerate the pace of retrofit in Ireland. New insights into the attitudes of investors was presented and the multiple benefits of energy efficiency explored.

1. The Multiple Benefits of
Energy Efficiency: An overview
Nina Campbell, Databuild Research & Solutions
Unlocking the Irish Energy Efficiency Opportunity
Dublin, Ireland
10 June 2015

2. Overview
• Rationale for a multiple benefits
approach
• The benefits
• Implications for policy

3. Overview
• Rationale for a multiple benefits
approach
• The benefits
• Implications for policy

4. 2/3 of the economic potential to improve energy efficiency
remains untapped in the period to 2035
Huge opportunities going unrealised
IEA (2014), Capturing the Multiple Benefits of Energy Efficiency, OECD/IEA, Paris.

5. EE has multiple benefits
IEA (2014), Capturing the Multiple Benefits of Energy Efficiency, OECD/IEA, Paris.

6. Cumulative investments in energy efficiency of $12 trillion are more than offset
by fuel savings & trigger economic growth of a cumulative $18 trillion
GDP in Efficient World Scenario versus New Policies Scenario, 2035
1%
2%
3%
4%
Japan & Korea OECD Europe United States China India
EE drives economic prosperity
IEA (2012), World Energy Outlook, OECD/IEA, Paris.

7. Overview
• Rationale for a multiple benefits
approach
• The benefits
• Implications for policy

8. Overarching macroeconomic
impacts
IEA (2014), Capturing the Multiple Benefits of Energy Efficiency, OECD/IEA, Paris.

9. Energy Efficiency →
Warmth as Medicine
Carefully executed energy efficiency can deliver USD 99 billon
in annual savings for Europe’s public health sector by 2020

10. Boosting industrial productivity
Competitiveness Eg. Reduced production costs; ability to
enter new markets; corporate risk reduction
Production Eg. Capacity utilisation; improved product
quality and value
Operations and
maintenance
Eg. Reduced downtime; reduced need for
maintenance
Working environment Eg. Improved site comfort (thermal, lighting,
acoustic); worker health and safety
Environment Eg. Reduced air pollution; solid waste;
wastewater; input materials

11. Optimizing energy delivery
 Direct benefits for utilities: in a resource constrained operating context
 Indirect benefits for utilities: increased affordability reduces customer
default and associated costs
IEA (2014), Capturing the Multiple Benefits of Energy Efficiency, OECD/IEA, Paris.

12. Overview
• Rationale for a multiple benefits
approach
• The benefits
• Implications for policy

13. A multiple benefits approach
A multiple benefits approach in the policy process:
 Planning: Consider which benefits are relevant in the
particular economic and social context
 Monitoring and Evaluation: Pay more attention to impact
assessment; broader measurement
 Decision-making and policy development: Take more
holistic approach to decision-making

14. A multiple benefits approach
A multiple benefits approach to evaluation:
 Take an innovative approach
 Ask a broad-based question: ‘what changed?’
 Engage a range of stakeholders; community level experts
 Seek to attribute value to ALL impacts
 Adapt existing tools to capture hard-to-measure impacts
 Integrate qualitative methods in early stages
 Build consensus on methods for data collection and
assessment

15. Thank you
For more info contact: Nina.Campbell@data-build.co.uk
For info on IEA’s continuing work: Samuel.Thomas@iea.org