Energy Efficiency Market Report 2014
The evidence is clear: energy efficiency has played, and continues to play, a large
and valuable role in the sustainable development of the global economy. The energy
demand that is avoided as a result of steady improvements in the efficiency of energy-using
stock such as buildings, cars and appliances is larger than the total final consumption
from coal, oil or gas in IEA member countries.
The market for energy efficiency investments is very large – estimated between USD
310 billion and USD 360 billion in 2011 – and this market is producing results: total
final consumption in IEA countries is estimated to be 60% lower today because of energy
efficiency improvements over the last four decades. Since 2001, investments in energy
efficiency in 18 IEA countries have helped to avoid over 1 700 million tonnes of oil-equivalent
from being consumed.
This year’s report includes an in-depth look at energy efficiency developments in
the transport sector and in finance. Huge new waves of demand for mobility are emerging
in OECD non‑member economies, bringing with them the challenges of pollution and congestion
already faced in OECD countries. Fuel-economy standards and other policies are expected
to help shape the market for more energy-efficient vehicles in the years to come.
In financial markets, energy efficiency is becoming an important segment in its own
right, aided by a growing range of financial products. We document the growing scale
and diversity of energy efficiency products and actors.
Finally, this report reviews national energy efficiency market developments in various
jurisdictions around the world, including Canada, China, the European Union, India
and Italy. These case studies provide snapshots of specific energy efficiency sub-markets,
and insights into how these markets may evolve in the coming years.
Published on October 08, 2014