initial estimate of progress to date on measures in the NEPP. This indicates that progress has been strong in the first year of the 15 year plan, but further measures will need to be considered to capture opportunities identified in the industry sectors. on modelling undertaken by ClimateWorks Australia in developing the NEPP, Figure 3 shows identified energy savings opportunities in 2030 (beyond business as usual) by sector. Current estimates of savings expected from NEPP measures underway are overlaid in blue. The estimated savings required to achieve the national energy productivity target, if gross domestic product continues to grow by 2.7 per cent per year, is nearly 400 petajoules in energy savings in 2030. Current impacts by sector include: Light vehicles work is well progressed and has potential for very strong impact. But it is not yet certain and the difference between conservative and more ambitious outcomes is large. The residential sector also shows significant impact, largely due to the estimates from the expanded appliance standards work (see the ) and initial work on higher residential building codes. Further identified potential includes retrofits to older residential buildings, which may be encouraged with future development of the residential ratings schemes. The commercial building sector work also progressed, with the expansion of the Commercial Buildings Disclosure program, commercial appliance standards, and more advanced work on commercial buildings standards. Further potential may in retrofits to mid-tier commercial buildings and wider types of commercial buildings beyond offices such as retail, hotels and hospitals. The impact in the industrial sectors and heavy vehicles is not yet certain. Activities in these sectors in the NEPP are driven largely by voluntary action and while there has been strong activity on sector roadmaps measures remain in early stages of development. This estimate may have missed some impact from measures such as the Emissions Reduction Fund and new funding for innovation. However, in general terms it is clear that further consideration of options in these sectors will be needed to meet objectives. This analysis only considers policies where direct savings of energy can be readily estimated. It does not yet consider the wider economic impacts of policies in the NEPP seeking to reduce the costs of energy, increase relative economic output or improve technologies in the longer term, through measures such as innovation and market competition. Work will be undertaken in the next year on further metrics for tracking the wider range of NEPP impacts.
initial estimate of progress to date on measures in the NEPP. This indicates that progress has been strong in the first year of the 15 year plan, but further measures will need to be considered to capture opportunities identified in the industry sectors. on modelling undertaken by ClimateWorks Australia in developing the NEPP, Figure 3 shows identified energy savings opportunities in 2030 (beyond business as usual) by sector. Current estimates of savings expected from NEPP measures underway are overlaid in blue. The estimated savings required to achieve the national energy productivity target, if gross domestic product continues to grow by 2.7 per cent per year, is nearly 400 petajoules in energy savings in 2030. Current impacts by sector include: Light vehicles work is well progressed and has potential for very strong impact. But it is not yet certain and the difference between conservative and more ambitious outcomes is large. The residential sector also shows significant impact, largely due to the estimates from the expanded appliance standards work (see the ) and initial work on higher residential building codes. Further identified potential includes retrofits to older residential buildings, which may be encouraged with future development of the residential ratings schemes. The commercial building sector work also progressed, with the expansion of the Commercial Buildings Disclosure program, commercial appliance standards, and more advanced work on commercial buildings standards. Further potential may in retrofits to mid-tier commercial buildings and wider types of commercial buildings beyond offices such as retail, hotels and hospitals. The impact in the industrial sectors and heavy vehicles is not yet certain. Activities in these sectors in the NEPP are driven largely by voluntary action and while there has been strong activity on sector roadmaps measures remain in early stages of development. This estimate may have missed some impact from measures such as the Emissions Reduction Fund and new funding for innovation. However, in general terms it is clear that further consideration of options in these sectors will be needed to meet objectives. This analysis only considers policies where direct savings of energy can be readily estimated. It does not yet consider the wider economic impacts of policies in the NEPP seeking to reduce the costs of energy, increase relative economic output or improve technologies in the longer term, through measures such as innovation and market competition. Work will be undertaken in the next year on further metrics for tracking the wider range of NEPP impacts.
NEPP%20Annual%20Report%202016.docx