New IEA report praises EEO
The Energy Efficiency Opportunities (EEO) program has been recognised as a 'leading-edge' energy management program by the International Energy Agency (IEA).
The 'Energy Management Programmes for Industry: Gaining through saving' report profiles Australia's EEO program alongside industrial energy management programs in Denmark, Sweden and Ireland, and cites EEO as a model for improving energy efficiency outcomes and addressing information failures.
The IEA report states that opportunities to improve energy efficiency are still under exploited in the industrial sector, which accounts for one third of global energy demand and more than 40 per cent in countries such as Australia and developing economies like China. The report notes however, that this requires the development of effective policies to address key information, organisational and capability barriers.
IEA Executive Director Maria van der Hoeven said the EEO Program was a successful example of how government can work with industry to reduce energy use.
“The IEA considers energy efficiency as the most cost effective option in the short to medium term to reduce global emissions. Australia’s EEO Program provides a leading-edge example of how best to reduce energy use and improve energy management systems,” Ms van der Hoeven said.
The report cites EEO’s assessment framework, support mechanisms for participants and public reporting requirements as being successful in reducing energy use, improving energy management systems and changing the way in which energy efficiency is viewed within participating organisations.
The program’s industry support strategies were also highlighted as key elements in the program’s success. Industry Support Officers, annual workshops and development of case studies and guidance material has ensured companies have a clear understanding of program requirements with best practice approaches and learnings shared among participating companies.
For more information on the IEA report, see the Institute for Industrial Productivity website.