Using White Certificates to Create a Market for Energy Efficiency

Rising energy prices and concerns about the environment are leading governments to consider mandating reductions in energy usage. Similar to mandates on renewable energy or carbon reduction, the most efficient way to implement an energy efficiency mandate is through the competitive market. To enable competition in implementing energy efficiency projects, a means of standardizing, measuring, and verifying energy savings is needed. The tool to accomplish this is the White Certificate.

Using White Certificates to Create a Market for Energy Efficiency provides an understanding of what White Certificates are, how they can be implemented, and the benefits they can provide. The report aims to provide the reader with an understanding of energy efficiency and how it can help resolve many of the issues facing the electric industry. It also aims to provide an understanding of how White Certificates operate, the benefits they provide, and the keys to successfully implementing a White Certificate scheme. It provides the information necessary for industry participants to start thinking about the potential benefits of White Certificates, including how they will add credibility and reliability to energy efficiency programs.