Publication: Implementing Energy Efficiency and Demand Side Management : South Africa’s Standard Offer Model
Date
2011-06
ISSN
Published
2011-06
Author(s)
World Bank
Abstract
This report evaluates opportunities for
South Africa to adopt a low carbon development pathway
through a standard offer model. The standard offer aims to:
provide customers and energy service companies a
predetermined amount for delivered energy or demand savings,
allow them to efficiently and rapidly structure and propose
energy efficiency and demand side management projects,
streamline the project approval process and scale-up project
development and implementation, simplify the contracts
between the utility and the energy service companies or
customers, reduce the burden on the utility staff for
project evaluation and processing, provide transparency to
project proponents on the payments for delivered savings,
facilitate the leveraging of commercial financing for energy
efficiency projects, and reduce the utility's risk by
making the payments. The report concludes that while South
Africa has taken important steps towards implementing key
elements of a national mitigation strategy; some practical
problems, capacity limitations, and market and institutional
barriers have affected the progress to date. The support
outlined in this briefing note has helped to diagnose and
address some of these limitations and barriers by adapting
lessons from international experience to South Africa.
Citation
“World Bank. 2011. Implementing Energy Efficiency and Demand Side Management : South Africa’s Standard Offer Model. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/b784a174-8e5c-5481-9917-5615b37b2caa License: CC BY 3.0 IGO.”