Financing Energy Efficiency Measures for Residential Building Stock : Scaling Up Energy Efficiency in Buildings in the Western Balkans

Within the Western Balkans region, a secure energy supply is critical to sustaining economic growth. Currently, the region relies heavily on imported hydrocarbons and maintains high energy intensity relative to Gross Domestic Product, or GDP. This...

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Bibliographic Details
Main Author:	Kalkum, Bernd
Format:	Publications & Research
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014
Subjects:	ACCESS TO FINANCING ACCESS TO INFORMATION ADMINISTRATIVE BURDEN AFFORDABILITY AFFORDABLE FINANCING AGRICULTURAL SECTOR AGRICULTURAL SECTORS AIR AIR POLLUTION AIR QUALITY ALLOWANCES ANNUAL EMISSIONS APPLIANCE STANDARDS APPLICATION PROCEDURES APPROACH AVAILABILITY BANK FINANCING BANK LENDING BANK LOANS BARRIERS TO ENERGY EFFICIENCY BIOMASS BOILERS BORROWING BUILDING MATERIALS CARBON CASH FLOW CASH FLOWS CITIES CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE-CHANGE CO CO2 COAL COGENERATION COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMPACT FLUORESCENT BULBS CONDENSATION CONSUMPTION OF ENERGY CONSUMPTION OF FUEL COOPERATIVES COST-BENEFIT CREDIT LINE CREDIT LINES CREDITWORTHINESS CROSS-SUBSIDIES CUSTOMER BASE CUSTOMER BASES DISPOSABLE INCOME DISTRICT HEATING DUST ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATED CONSUMERS EFFICIENT LIGHTING ELECTRIC HEATERS ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY TARIFF ELIGIBLE APPLICANTS EMISSION EMISSIONS EMPLOYMENT ENERGY AUDIT ENERGY AUDITING ENERGY BALANCE ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY FINANCE ENERGY EFFICIENCY INVESTMENTS ENERGY EFFICIENCY MEASURES ENERGY IMPORTS ENERGY PRICING ENERGY SAVINGS ENERGY SECURITY ENERGY SERVICE COMPANY ENERGY SERVICES ENERGY SOURCES ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE ENVIRONMENTAL IMPACTS EQUIPMENT SUPPLIERS EQUITY CONTRIBUTIONS FINANCES FINANCIAL ANALYSIS FINANCIAL CONTRIBUTIONS FINANCIAL CRISIS FINANCIAL INCENTIVES FINANCIAL INSTITUTION FINANCIAL INSTRUMENT FINANCIAL INSTRUMENTS FINANCIAL MECHANISMS FINANCIAL RESOURCES FINANCIAL SUPPORT FINANCIAL TOOLS FOSSIL FOSSIL FUEL FOSSIL FUELS GAS BOILERS GAS PRICES GHGS GLOBAL ENVIRONMENT GLOBAL ENVIRONMENT FACILITY GREY MARKET GUARANTEE SCHEMES HARMFUL EMISSIONS HEAT HEAT GENERATION HEAT METERING HEAT METERS HEAT PRODUCTION HEAT PUMPS HEAT RECOVERY HEAT SUPPLY HEAT TRANSFER HEATING ENERGY HEATING SYSTEM HEATING SYSTEMS HIGH ENERGY INTENSITY HIGHER ENERGY PRICES HOME IMPROVEMENTS HOMEOWNER HOMEOWNERS HOT WATER HOUSEHOLD INCOMES HOUSEHOLDS HOUSING HYDROCARBONS IMPORTS INCOME GROUPS INCOME HOUSEHOLDS INEQUALITIES INTEREST RATE INTEREST RATES INVESTMENT DECISIONS INVESTMENTS IN ENERGY JOB CREATION JOB OPPORTUNITIES JOBS LACK OF ACCESS LACK OF AWARENESS LACK OF INFORMATION LACK OF KNOWLEDGE LOAN LOAN AMOUNT LOAN GUARANTEE LOAN GUARANTEES LOCAL ENVIRONMENT LOW-INCOME HOUSEHOLDS LOWER PRICES MARKET PENETRATION NATURAL GAS NOX OIL OIL EQUIVALENT OUTREACH PEAK LOADS PENALTIES PENETRATION RATES POLLUTANTS POWER POWER SYSTEMS PRIVATIZATION PROPERTY RIGHTS PUBLIC EDUCATION PUBLIC-PRIVATE PARTNERSHIP REAL ESTATE RENEWABLE ENERGY RENEWABLE ENERGY SOURCES REPAYMENT RESIDENTIAL BUILDING RESIDENTIAL BUILDINGS RESIDENTIAL CONSUMERS RESIDENTIAL ENERGY RESIDENTIAL ENERGY USE RESIDENTIAL SECTORS RETROFITTING REVOLVING FUND REVOLVING FUNDS SELF-FINANCING SO2 SOFT LOANS SOLAR SYSTEMS SOLAR THERMAL SOLAR THERMAL COLLECTORS SOLAR WATER HEATERS SOLAR WATER HEATING SOLAR WATER HEATING SYSTEMS SUPPLY SIDE TARGETED SUBSIDIES TAX CODE TAX CREDIT TAX CREDITS TAX PAYMENTS TAX REBATE TAX REDUCTIONS TECHNICAL ASSISTANCE TECHNICAL SUPPORT TEMPERATURE UNION URBAN DEVELOPMENT UTILITIES UTILITY BILL UTILITY BILLS UTILITY PROGRAMS VOLUNTARY AGREEMENTS WATER HEATING
Online Access:	http://documents.worldbank.org/curated/en/2014/05/19790587/scaling-up-energy-efficiency-buildings-western-balkans-financing-energy-efficiency-measures-residential-building-stock-guidance-note http://hdl.handle.net/10986/20044

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Summary:	Within the Western Balkans region, a secure energy supply is critical to sustaining economic growth. Currently, the region relies heavily on imported hydrocarbons and maintains high energy intensity relative to Gross Domestic Product, or GDP. This places a huge burden on companies, which require affordable and reliable infrastructure services to be competitive; the public sector, which spends significant budgetary resources on energy; and households, which have to pay a high portion of their income for energy services. As energy pricing is further rationalized, a higher burden will be placed on all sectors, especially poorer households. The residential sector is a significant energy consumer. Its share of total final energy consumption ranges from 28 percent to 32 percent (compared with the EU average of 27 percent). Fairly simple renovations such as insulation, heating system upgrades, and improvements to windows and lighting could reduce consumption in this sector by some 9 percent, with payback periods generally less than 8 years. Such improvements could help ease the impact of future tariff increases while helping reduce the region's projected energy supply and demand gap.

Financing Energy Efficiency Measures for Residential Building Stock : Scaling Up Energy Efficiency in Buildings in the Western Balkans

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