Call For Paper

Energy Efficiency Financing and Market-based Instruments

Nov 23, 2018, 09:00 AM
The Energy Studies Institute, National University of Singapore (ESI) and the Asian Development Bank Institute (ADBI) jointly welcome papers featuring the policy design and effectiveness of financial and market-based instruments to promote energy efficiency financing. Financial and market-based instruments are important as they deliver a price signal, which provides an incentive for firms to invest in innovation or implement more energy-efficient technologies and deliver energy savings whilst minimising costs.

Financial instruments include all policies and measures that assist with financing an activity to improve energy efficiency. Market-based instruments imply creating a market for energy efficiency improvements or energy savings directly through instruments such as energy efficiency obligations, voluntary agreements, and auction mechanisms.

We encourage enthusiastic researchers, policy experts and business specialists to submit quantitative or qualitative research papers based on rigorous analysis. The evidence-based research may cover global, regional, and national topics of policy significance related to energy efficiency financing and marketbased instruments. The study specific for energy efficiency schemes designed and conducted by major jurisdictions will be favoured.

Specific questions of interest include:

- How can we better design voluntary agreements, obligations schemes, and auction mechanisms for energy efficiency, in particular sector coverage, eligibility for energy savings, pricing and payment, compliance periods and enforcement issues?

- How can we monitor, verify and evaluate the policy effectiveness and cost effectiveness of financial and market-based instruments in driving energy efficiency?

- How and to what extent can these instruments tackle financial and non-financial impediments faced by the financial institutions and companies to unlock energy efficiency potential?

- What are the fiscal implications for the society and government?

- How can energy efficiency compete against supply resources in an integrated energy system through innovative business models and demand response schemes?

- What market structure is needed to enable the development of the energy services company (ESCO) industry?

ESI and ADBI will invite selected authors to participate in two workshops to be held in Singapore and Tokyo in March and May/June 2019 respectively to gain further insights to support policy decisionmaking and research programmes in this field.


- Selected participants will receive travel reimbursement for return economy airfare from the participant’s home country as well as accommodation for 2-3 nights in Singapore and Tokyo. Please indicate in your submission whether you need financial support.


- Extended abstracts should be between 2000 – 2500 words. Developed papers should be between 10,000 – 15,000 words.

- Submissions should include a title, methodology, data, results, conclusions and policy implications, and a brief biography of author(s) including name, institutional affiliation, and email contact.

- Submitted work will most likely be considered if it is fully readable and does not lack substantial sections.

- Please note that only previously unpublished papers or those not already committed elsewhere will be considered.

- Extended abstracts will be distributed among co-authors and editorial team for comments and feedback during the workshops.

- The use of graphs and tables in the submissions are recommended.

- All submissions accepted for presentation will be published by ESI/ADBI in a set of proceedings or working paper series. In addition, the organizers plan to publish a journal special issue or book with selected papers. By participating in the workshop, you agree to participate in the future publication plans (special issue/book chapters) of the organizers.

- Please submit your paper to Please contact Dr. LIU Yang at if you have any questions of an academic nature.


- Submission of extended abstract: 31 January 2019
- Outcome notification: 28 February 2019
- First workshop in Singapore: tentatively 20-21 March 2019
- Submission of 1st complete draft: 15 May 2019
- Second workshop in Tokyo: tentatively May/June 2019
- Submission of 2nd revised draft: 30 June 2019