A Danish case: Portfolio evaluation and its impact on energy efficiency policy

Mikael Togeby, Kirsten Dyhr-Mikkelsen, Anders Larsen, Peter Bach

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    A political agreement from 2005 stated that an evaluation of the entire Danish energy efficiency policy portfolio must be carried out before the end of
    2008, with the aim to assess the following: (1) Is the policy portfolio sufficient to meet the energy efficiency targets? (2) Do the policies enable the national goals to
    be met in a cost-effective manner? (3) Is the overall design of the policy portfolio appropriate? The evaluation gave recommendations on how to improve and
    develop the portfolio, mainly using cost-effectiveness as criteria. The evaluation was completed in December 2008, and this paper presents the main findings and the subsequent impact on Danish policy. A key lesson learned is the importance of including all energy efficiency policies in the evaluation. Examining the entire portfolio of policies (as opposed to only selected policies) gave way to findings that would otherwise not have been captured. With its broad perspective, the evaluation found that the policy instruments prioritised
    the commercial and industrial sectors less than the household and public sectors. The recommendations made by the authors contributed to the implementation
    of new taxes for the commercial and industrial sectors together with the reform of the Electricity Saving Trust to a Centre for Energy Savings charged with energy
    savings within all sectors, except transport—both which have been important steps towards a more cost-effectivesolution.
    A political agreement from 2005 stated that an evaluation of the entire Danish energy efficiency policy portfolio must be carried out before the end of
    2008, with the aim to assess the following: (1) Is the policy portfolio sufficient to meet the energy efficiency targets? (2) Do the policies enable the national goals to
    be met in a cost-effective manner? (3) Is the overall design of the policy portfolio appropriate? The evaluation gave recommendations on how to improve and
    develop the portfolio, mainly using cost-effectiveness as criteria. The evaluation was completed in December 2008, and this paper presents the main findings and the subsequent impact on Danish policy. A key lesson learned is the importance of including all energy efficiency policies in the evaluation. Examining the entire portfolio of policies (as opposed to only selected policies) gave way to findings that would otherwise not have been captured. With its broad perspective, the evaluation found that the policy instruments prioritised
    the commercial and industrial sectors less than the household and public sectors. The recommendations made by the authors contributed to the implementation
    of new taxes for the commercial and industrial sectors together with the reform of the Electricity Saving Trust to a Centre for Energy Savings charged with energy
    savings within all sectors, except transport—both which have been important steps towards a more cost-effectivesolution.
    LanguageEnglish
    JournalEnergy Efficiency
    Volume5
    Issue number1
    Pages37-49
    ISSN1570-646X
    DOIs
    StatePublished - 1 Mar 2012

    Keywords

    • Denmark
    • Energy efficiency
    • Policy
    • Portfolio evaluation
    • Triangulation

    Cite this

    Togeby, Mikael ; Dyhr-Mikkelsen, Kirsten ; Larsen, Anders ; Bach, Peter . / A Danish case : Portfolio evaluation and its impact on energy efficiency policy. In: Energy Efficiency. 2012 ; Vol. 5, No. 1. pp. 37-49
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    abstract = "A political agreement from 2005 stated that an evaluation of the entire Danish energy efficiency policy portfolio must be carried out before the end of 2008, with the aim to assess the following: (1) Is the policy portfolio sufficient to meet the energy efficiency targets? (2) Do the policies enable the national goals to be met in a cost-effective manner? (3) Is the overall design of the policy portfolio appropriate? The evaluation gave recommendations on how to improve and develop the portfolio, mainly using cost-effectiveness as criteria. The evaluation was completed in December 2008, and this paper presents the main findings and the subsequent impact on Danish policy. A key lesson learned is the importance of including all energy efficiency policies in the evaluation. Examining the entire portfolio of policies (as opposed to only selected policies) gave way to findings that would otherwise not have been captured. With its broad perspective, the evaluation found that the policy instruments prioritised the commercial and industrial sectors less than the household and public sectors. The recommendations made by the authors contributed to the implementation of new taxes for the commercial and industrial sectors together with the reform of the Electricity Saving Trust to a Centre for Energy Savings charged with energy savings within all sectors, except transport—both which have been important steps towards a more cost-effectivesolution.",
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    A Danish case : Portfolio evaluation and its impact on energy efficiency policy. / Togeby, Mikael; Dyhr-Mikkelsen, Kirsten ; Larsen, Anders; Bach, Peter .

    In: Energy Efficiency, Vol. 5, No. 1, 01.03.2012, p. 37-49.

    Research output: Contribution to journalJournal articleResearchpeer-review

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