How Do We Prioritize the GHG Mitigation Options? Development of a Marginal Abatement Cost Curve for the Building Sector in Armenia and Georgia

37 Pages Posted: 19 Jul 2016

See all articles by Govinda R. Timilsina

Govinda R. Timilsina

World Bank - Development Research Group (DECRG)

Anna Sikharulidze

Sustainable Development Centre Remissa

Eduard Karapoghosyan

Scientific Research Institute of Energy - Energy Strategy Center

Suren Shatvoryan

Scientific Research Institute of Energy - Energy Strategy Center

Date Written: June 16, 2016

Abstract

Armenia and Georgia are taking the climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways, including preparation of low-carbon development strategies for their future economic growth. The improvement of energy efficiency is one of the key elements of the low-carbon development strategies. This study develops a methodology to estimate a marginal abatement cost curve for energy efficiency measures and applies it to the building sector in both countries. The study finds that among the various energy efficiency measures considered, the replacement of energy inefficient lightbulbs (incandescent lamps) with efficient lightbulbs is the most cost-effective measure in saving energy and reducing greenhouse gas emissions from the building sector. Most energy efficiency improvement options considered in the study would produce net economic benefits even if the value of reduced carbon is not taken into account.

Keywords: Environment and Energy Efficiency, Energy Consumption, Energy Conservation & Efficiency, Climate Change Mitigation and Green House Gases

Suggested Citation

Timilsina, Govinda R. and Sikharulidze, Anna and Karapoghosyan, Eduard and Shatvoryan, Suren, How Do We Prioritize the GHG Mitigation Options? Development of a Marginal Abatement Cost Curve for the Building Sector in Armenia and Georgia (June 16, 2016). World Bank Policy Research Working Paper No. 7703. Available at SSRN: https://ssrn.com/abstract=2811351

Govinda R. Timilsina (Contact Author)

World Bank - Development Research Group (DECRG) ( email )

1818 H Street NW
MSN3-311
Washington, DC 20433
United States

Anna Sikharulidze

Sustainable Development Centre Remissa

Tbilisi
Georgia

Eduard Karapoghosyan

Scientific Research Institute of Energy - Energy Strategy Center

5/1 M4
Yerevan
Armenia

Suren Shatvoryan

Scientific Research Institute of Energy - Energy Strategy Center

5/1 M4
Yerevan
Armenia

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