Over 15 years of voluntary energy efficiency agreements
The energy efficiency of individual companies has been improved since the late-1990s by voluntary energy efficiency agreements. These are based on a framework agreement between Finnish business sector and the State to which individual companies have subscribed.
Energy efficiency agreement 2008-2016 accounts for most of Finland’s energy use, production, transfer, distribution and retail:
energy intensive industry as an own group
|-||medium size industry: food and drink, chemical, plastic, wood product and technology and general|
|-||private services: commerce, hotel and restaurant, motor trades and repairs and general|
|-||energy: production and services|
Implementation of the energy efficiency agreements have played a central role in the national implementation of the EU Energy Services Directive. This directive applies to companies that are not part of the emissions trading scheme. The goal is to make their energy use 9 per cent more efficient by 2016.
Since companies and communities subscribing to energy efficiency agreements fulfill their commitments through these agreements, no other mechanisms are needed to monitor their operations.
Companies subscribing to the agreements undertake to carry out energy audits or analyses in their own properties and production plants, to draw up an energy efficiency plan, and to implement cost-effective conservation measures. In addition, subscribing companies undertake to monitor energy efficiency continuously and to introduce energy-efficient technologies wherever possible.
An effective way of promoting energy efficiency
Energy efficiency agreements have proven to be the best practical way of promoting energy efficiency among companies. Finnish companies voluntarily invested over EUR 283 million in energy efficiency during the period 2008-2011. These investments have helped save cumulatively 5.3 TWh/a of fuel, heat and electricity.