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SMARTS’s new publication: “Costs of demand-side solutions for decision-making”

2 days ago
1 min read

⚡❗Recent geopolitical tensions and volatile energy prices have intensified concerns about energy security, adding urgency to demand-side measures that reduce or shift how people and businesses use energy, rather than how it is supplied. Yet, without cost data comparable to that available for supply-side solutions like solar and wind, demand-side solutions remain underutilized in policy and investment decisions. This study closes the gap by providing a validated method for comparing the costs of demand-side interventions with supply-side alternatives.


Highlights:

💸 A standardized method to compare the costs of demand-side and supply-side solutions

🔎 The same energy service can cost 10%-94% lower than current lifetime baseline costs

📑 53-98% of demand-side solutions cost less than supply-side benchmarks

✅ Demand-side solutions act as resilience hedges and no-regret climate options 




#firstfuel #well-being #energy #demand #climate #mitigation #costs #marginalabatementcost #levelizedcostofenergy #avoid-shift-improveframework #technology-behavior-infrastructureframework

 
 

Contact Information

SMARTS Center

Asian Institute of Technology (AIT)

Pathum Thani, Thailand - 12120

E-mail: smarts@ait.asia

Tel: (+66-2) -524-5304,

(+66-) 82-076-7555 (Khun Sirayuth)

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