Policy Analysis of Incentives to Encourage Adoption of the Superior Energy Performance Program

摘要

Given the significant energy reduction potential that energy management systems such asSuperior Energy Performance (SEP) can generate, policy intervention at the Federal level may beworthwhile to help address the barriers that impede SEP market penetration. Specifically, wedesign and evaluate a policy incorporating a production tax credit for energy-efficiency savings,energy-efficiency credits for compliance with energy portfolio requirements, grants to subsidizeinitial certification costs, and recognition programs to incentivize SEP adoption in the US. Thesame policy components could serve as a model of Global Superior Energy Performance (GSEP)deployment. Grounded in an understanding of industrial decision-making and the barriersimpeding efficiency improvements, this paper presents a detailed analysis of this policy option.This analysis includes examining the potential for leveraging of energy savings and CO2emissions with public investments, in addition to estimating more traditional benefit and costmetrics.