Axis NIFTY Bank ETF · NSE:BNKETFAXIS
Axis NIFTY Bank ETF — IEA/ENSPOL/RAP Workshop: Market-based Instruments for Energy Efficiency (January 2017)
8 slides from Axis NIFTY Bank ETF's conference presentation, Jan 24, 2017
Slide 1: The Role of Market-Based Instruments (MBI) in the Energy Efficiency Policy Framework
THE ROLE OF MARKET-BASED INSTRUMENTS (MBI) IN THE ENERGY EFFICIENCY POLICY FRAMEWORK IEA/ENSPOL/RAP Workshop Market-based Instruments for Energy Efficiency – Policy Choice and Design for the Energy Transition European Commission, Brussels, 24 January 2017 Barbara Schlomann, Fraunhofer ISI, Germany ©
Slide 2: Key Questions
KEY QUESTIONS Role of MBI in existing energy efficiency (EE) policy frameworks Role of the structure of energy markets for the choice of MBI Long-term implications of MBI in the energy transition © Fraunhofer ISI
Slide 3: Role of MBI in existing EE policy frameworks
Role of MBI in existing EE policy frameworks Existing EE policy framework: different mix of regulation, subsidies, taxes and information Additional contribution from MBI (EEOs and/or auctions) Activating new actors in the EE market Addressing of remaining barriers to EE Tapping of additional e
Slide 4: Costs and Benefits of MBI: comparison of energy efficiency obligations and auctions
Costs and Benefits of MBI: comparison of energy efficiency obligations and auctions EEOs Auctions Administration of an EEO can Administration of a tender be complex system less complex than EEO State-independent funding Tender system independent Achievement of targeted from financing mecha
Slide 5: Role of energy markets for the choice of MBI
Role of energy markets for the choice of MBI Structure of energy markets mainly relevant for EEOs: In regulated markets (transmission grid operators, regulated energy prices) EEOs cannot stimulate the market as well as under de-regulated market conditions Cost-efficiency of the systems decreases
Slide 6: Long-term implications of MBI in the energy transition
Long-term implications of MBI in the energy transition Due to the individual actors’ perspective MBI tend to concentrate on short-term EE measures not all energy saving options which are economic in a long-term perspective will be addressed MBI (esp. EEOs) favour standardized EE measures mor
Slide 7: Final considerations
Final considerations Interaction of MBI with other instruments : Regulation should serve as a baseline to ensure additionality Classic support schemes double funding and/or double instrumentation possible (intentionally or not) MBI fit into most policy contexts and can generate an addition
Slide 8: Contact
CONTACT Dr. Barbara Schlomann Fraunhofer Institute for Systems and Innovation Research ISI barbara.schlomann@isi.fraunhofer.de © Fraunhofer ISI