Energy Efficiency Opportunity Study
USAID and its partners need to be able to quickly and effectively scale up energy efficiency around the world, so ICF developed and tested a methodology to evaluate market readiness for energy efficiency programs and identify the most effective investments to reduce energy demand. The Energy Efficiency Opportunity Study provides a framework for:
- Assessing the ability of a market to support programs (e.g., through policies)
- Identification of near-term activities with a strong chance of cost-effectively advancing efficiency
High variability between local end-use markets in different countries and regions make it challenging to determine which energy efficiency activities will be successful at a large scale. Cost of technology, availability of energy performance information, and the presence of a skilled workforce are all factors that influence whether a program will save energy cost-effectively and shift the market toward more energy efficient practices.
From May 2016 to March 2017 the Energy Efficiency Opportunity Study team assessed seven locations for potential energy efficiency policies and programs. ICF created a user-friendly tool to help evaluate basic technical and economic viability of appropriate interventions, political and administrative feasibility and distributional factors, and the likelihood of bringing programs to scale. Study results quantitatively highlight which programs can deliver the greatest energy savings at the lowest cost and suggest considerable savings opportunities in each of the seven locations.