Creating Markets for Energy Technologies: Executive Summary
This book is a result of the International Energy Agency's (IEA) project aimed at understanding and improving strategies for deploying environmentally sound technologies globally. It synthesizes insights from various case studies and perspectives on market development policy. The main objective is to facilitate the adoption of clean and efficient energy technologies, which can help reduce greenhouse gas emissions and enhance energy security.
Key Points
1. Three Perspectives
- Research, Development & Deployment: Focuses on reducing costs and reaching large-scale markets through strategic investments and learning.
- Market Barriers: Analyzes economic mechanisms that hinder the deployment of new technologies, aiming to identify second-best solutions to overcome these barriers.
- Market Transformation: Considers the role of market actors and practical techniques to stimulate technological change, emphasizing the importance of a network approach.
2. Design and Implementation
- Successful deployment programs require vision from all three perspectives. They involve learning processes, investments in research and development, understanding market mechanisms, and stimulating market actors.
3. Case Studies
- The book draws upon case studies from diverse countries, covering various sectors such as end-use technologies, energy efficiency, technology procurement, building sector programs, renewable energy technologies, fossil-based technologies, and technology transfer.
4. Methodology
- The project group analyzed the case studies from the three perspectives using reports from experts and researchers. These analyses and workshops formed the basis of the book.
Conclusion
The book underscores the critical role of comprehensive approaches to market development policy in creating viable markets for energy technologies. It highlights the importance of addressing market barriers and transforming markets through strategic planning, investment, and collaboration. By integrating insights from different perspectives, policymakers and stakeholders can more effectively facilitate the adoption of cleaner and more efficient energy solutions, contributing to both environmental sustainability and enhanced energy security.
