Transcript EMERGING CONSENSUS FROM TASK FORCE 2 • Trillions of dollars of private investment needed to reach scale on efficiency and renewables • Public.

EMERGING CONSENSUS FROM TASK FORCE 2
• Trillions of dollars of private investment needed to reach scale
on efficiency and renewables
• Public funds will never be sufficient, but smart policy can unlock
private investment at scale
• It is deeply challenging to develop and implement smart policy
in the energy sector
• Strategic funding for collaborative technical work, peer-to-peer
learning and technical assistance to policy makers could have
transformative long-term impact
o Policy funds offer extraordinary leverage (e.g. US appliance
standards program)
o Well-coordinated millions can unleash billions
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WHAT CAN SE4ALL DO?
• Bolster efforts of existing fora (e.g. CEM and regional efforts like
APEC, B20/G20) to encourage policy progress through collaborative
technical work, peer-to-peer exchange, and political dialog
• Catalyze commitments to leverage public and private investment
• Communicate the central role of smart policy to drive private
investment in efficiency and renewables
• Engage the private sector, including the investment community, on
efficiency and renewables policy design
• On request, help lower-capacity governments improve their clean
energy and efficiency policies through targeted technical assistance
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POSSIBLE IDEAS FOR TF2 ACTION WITHIN SE4ALL
• Encourage self-assessment by MDBs and/or bilateral aid agencies of
policy TA efficacy
• Compile policy status information (e.g. bolster Clean Energy Solutions
Center effort to establish continuously updated database of national and
state level clean energy policy for US, India, etc)
o Helps policy makers benchmark their efforts
o Helps private sector find investment opportunities
o Helps civil society advocate for better policy
• Launch “Doing Business in Clean Energy” report to monitor and recognize
clean energy policy progress
• On request, partner with proactive governments to help them reach their
policy objectives, e.g.
o Minimum standards for lighting or other appliances
o Fuel economy standards
o Net metering or other policies to enable distributed renewables
o Regulatory reforms to enable grid-connected renewables
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NEXT STEPS
• Draft report by Abu Dhabi meeting
• Assign sub-tasks to develop specific ideas
• Link to WG1 to address efficiency and renewables
role in energy access
• Possible interim working group meeting once
additional preparatory work completed
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NEED TO MODIFY TASK FORCE 1 SLIDES
National Polices
Grid Based
Business Models
Unconventional
Business Models
Host
Countries
Donors
Private
Sector
Civil Society
Best Practice:
Implementation
Tech. Support
Professional
Exchange
Professional
Exchange
Transparency
Technical Support,
Best Practice
Regulation
Global Capital
Markets
Regulation
National Banks and
Financial Institutions
Intermediaries,
5
Users
& consumers
Accountability
Standards
Regulation
Investment,
Technology, Good &
Services
Environmental
Impact
Finance,
Guarantees,
Insurance
Capital
Non-Bank Services,
Capital
Standards Training
Services Training
Services,
Distribution,
Feasibility Studies,
Training
Monitoring
Quality
Appendix
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MINIMUM PERFORMANCE STANDARDS CAN LEAD TO A
SIGNIFICANT DECLINE IN LIFECYCLE COSTS
Refrigerator LCC in Real Dollars (2009$)
$10,000.00
• Net savings of ~$300 billion cumulative since 1978
• Typical annual budget for entire US minimum
standards program ~$30 million
Pre-Standards
$1,000.00
Historical Standards
1978-2010
$100.00
10
100
U.S. Cumulative Refrigerator Shipments (millions)
Source: Data from US Bureau of Labor Statistics, US DOE, AHAM Factbooks and Rosenfeld (1999)
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1000
ONLY A FRACTION OF THE POTENTIAL FROM MINIMUM
PERFORMANCE STANDARDS IS CAPTURED CURRENTLY
2030 Electricity Consumption in
SEAD Countries (TWh)
14,000
13,000
12,000
11,000
10,000
Base Case
Rules
Effective
1/10-4/11
Rules Issued
Rules in
1/10-4/11 development
Best
Practices
With EE
Cooperation among SEAD partners’ national standard-setting bodies could save by 2030:
• 1,800 terawatt hours per year of electricity = as much as would be produced by 600
five-hundred megawatt power plants
• US$150 billion per year of net energy-related expenditures  Leads to significant
energy savings for households (e.g., Existing standards in the U.S. save an average of $285
per household per year )
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SUPER-EFFICIENT EQUIPMENT AND APPLIANCE
DEPLOYMENT INITIATIVE (SEAD)
SEAD aims to coordinate policy for efficient
appliances and equipment
• Regular and ongoing contact between
partner governments’ standard-setting
experts enables greater coverage of product
categories at lower public cost
• Harmonizing test procedures reduces trade
barriers for efficient products and facilitates
comparisons of efficiency programs
• For globally-traded products, coordination of
measures such as incentives, procurement,
and awards magnifies market
transformation benefits
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CLEAN ENERGY SOLUTIONS CENTER
• Track and share policies,
public investment trends,
and outcomes
• Identify best practices for
clean energy policy and
program development
• Engage stakeholders in
dialogue about policy and
public investment
opportunities
• Provide virtual training,
including videos and
webinars
• Build a user network of
policy makers and
technical experts
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