Part Two in a series where ACEEE examines the most effective roles for energy efficiency programs and market-driven solutions in scaling deployment of energy efficiency.
Part One was about the false dichotomy between energy efficiency programs and market-driven solutions, pointing out the successes and limitations of market-based solutions. We should encourage the private market where it works well, experiment with new market-based approaches in other promising market segments, but also continue to use other proven approaches, such as utility and state energy-efficiency programs, particularly for market segments where the success of market-focused approaches has yet to be proven. This post summarizes research on the role of market-focused programs over the past few decades. The final installment will look at recent developments and potential opportunities ahead. A Look at the History of Efforts to Increase Reliance on Market Forces to Drive Energy Efficiency