Presentation on the launch of Unlocking the energy Efficiency Opportunity report - Jim Scheer, SEAI.
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.
2. • Technical and economic
potential
• Key opportunities per
sector
• Consumer decision
making analysis
• Key policy
recommendations
• Exchequer perspective
and wider economics
• Beyond 2020
3. €700m
annual
savings
Advice and
mentoring
to over 3,000
SME’s
160 largest
industry
users
activated
Over
300,000
homes
upgraded
200
community
based
projects
Building
regulations
Public sector
programme
Tax
measures
4. €
€ €
€ €
Investment
Value of savings
+ Health, wellbeing
+ Competitiveness
+ Reduced import bill
+ more…
Multiple benefits
6. The business case is clear …
• Expand on the achievements to date
• Make our energy efficiency target
• Multiply these benefits for households and business
7. How do we accelerate
uptake of energy
efficiency across the
economy?
We know..
• There is no silver bullet
• It does not happen by itself
11. 38% 40% 38%
22% 26%
25% 18%
28%
25%
28%
35% 40%
29%
47% 40%
Retail Warehouse
and storage
6%
OfficeHotel
5%
Restaurant/
public house
3% 3%
6%
12. Influencing consumer choices with policy
Information campaigns,
promoting services, audits
Financial support, loans,
EPC, tax incentives
Regulation
13. Some specific policy interventions
• Low interest finance in the residential sector can
unlock savings
• Reaching an aware consumers through regulation
requiring targeted information
• Active promotion of the ESCO market
• A focus on behavioural change in transport
15. Getting it done
• Targeted policy package
• Interactive and reinforcing policies
• Raising awareness of personal
gains available
• Informed and engaged citizens