Improving the electricity efﬁciency in South Africa through a benchmark-and-trade system
Roula Inglesi-Lotz, James N. Blignaut. Renewable and Sustainable Energy Reviews 30 (2014) 833-840
The improvement of energy efﬁciency is considered internationally as one of the ways to ensure energy security of supply, reduce greenhouse gas (GHG) emissions and mitigate the negative
consequences of the climate change. In this paper, we propose a benchmark-and-trade system to improve the electricity intensity in South Africa in an effort towards the reduction of the country's emissions. This theoretical system is then used into a calculative application, as a simplistic example, with 2006 being the base year. The results show that the majority of the economic sectors will
beneﬁt by participating in the system. Also, the system has the ability to decrease the electricity intensity of the country without affecting its economic output. The ﬁndings indicate that, compared to the implementa- tion of a carbon tax, this system gives the participants' stronger incentives to change their behaviour.