What Is Policy Measures Necessary To Create Market Conditions For Efficient Equipment?

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3. Discussion on sector specific policies: Policy measures are necessary to create market conditions for efficient equipment and also to drive consumer choices towards long term cost effective energy efficient options. The main objective of any measure should be to speed up the development and deployment of energy efficiency in various sectors of the economy (Eusterfeldhaus and Barton 2011). In the New Zealand economy, Transport sector with 35.24% was the highest energy consuming sector which was followed by industrial sector with 30.96%. Other energy intensive sectors includes residential, commercial and agriculture sector which in total consumes around 34% of total energy consumption of New Zealand. New Zealand is currently implementing many …show more content…
As per IEA, in the year 2012 the total consumption of industrial sector was around 3.99 Million ton of oil equivalent(Mtoe) which was second highest energy consuming sector after transport consuming 4.55 Mtoe in the year 2012. Government is providing different kind of support and grants to invest in energy efficiency projects. Group wide energy management support and technology demonstration support are the important initiatives to improve energy efficiency in a category of industrial facilities and to encourage collaboration among different enterprises to help them identify sustainable energy solutions. Group wide energy management support program basically focuses on those energy conservation projects by which actual and significant energy savings in a longer term can be achieved. Technology support grant is basically designed to encourage the uptake of new technologies which are not well proved but has potential to improve the industrial performance. The New Zealand business can collaborate with EECA registered technology suppliers to develop a demo project and can apply for funding. At the same time EECA is also in the process of registering technology suppliers to take part in the program. The eligibility of the project gets evaluated on the basis of energy benefit, non-energy benefit, replicability and …show more content…
As per the World Energy Council Report on energy efficiency policies published in 2013, this sector has the largest potential for energy efficiency improvements worldwide and many countries have set specific targets for energy savings or energy efficiency improvements in buildings. A major part of the commercial buildings includes education facilities, healthcare, offices and other public housings. An estimation done by EECA informs that around 50% energy saving is possible by improving energy efficiency in lighting, heating, cooling and ventilation systems. New Zealand Green Building Council (NZGBC) is also actively working in a strong collaboration with EECA to accelerate and develop the adoption of green building practices and to deliver a sustainable built environment across New Zealand. In 2013, a program NABERSNZ (National Australian Built Environment Rating system to New Zealand) was launched by EECA and NZGBC to improve energy efficiency in commercial buildings. This is a voluntary scheme for providing the certified ratings of how well a building is using energy. EECA is giving different kinds of support for improving energy efficiency in all public buildings essentially, everything except residential

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