Table 9.
Society's perspective of stricter MEPS in BAU and High Growth scenarios.
| MEPS (W/W) | Cumulative Electricity Savings (GWh) |
Increment in Equipment Cost (millions USD) |
Net Present Value (millions USD) |
Cumulative CO2e Emissions Mitigation (Mt) |
||||
|---|---|---|---|---|---|---|---|---|
| BAU | High Growth | BAU | High Growth | BAU | High Growth | BAU | High Growth | |
| 3.4 | 190 | 217 | 1.0 | 1.3 | 15.4 | 18.1 | 0.17 | 0.20 |
| 3.6 | 318 | 365 | 4.9 | 6.0 | 22.7 | 26.5 | 0.29 | 0.33 |
| 3.8 | 460 | 527 | 9.1 | 11.1 | 30.8 | 35.8 | 0.41 | 0.47 |
| 4.3 | 653 | 748 | 12.7 | 15.6 | 43.9 | 51.1 | 0.59 | 0.67 |
| 4.7 | 782 | 896 | 22.3 | 27.3 | 45.4 | 52.5 | 0.70 | 0.81 |
| 5.2 | 936 | 1073 | 32.7 | 40.0 | 48.5 | 55.5 | 0.84 | 0.97 |
| 5.5 | 1039 | 1190 | 39.4 | 48.3 | 50.6 | 57.7 | 0.94 | 1.07 |
Unlike the benefits obtained for consumers, those related to society are calculated from a standard year, introducing an important temporary component to the analysis. The savings are small in the first year after MEPS implementation since the standard affects only the units purchased that year. Over time, the stock is increasingly impacted by the adopted standard, obtaining more significant benefits. Due to this reason, the best option for the consumer does not coincide with the best option from the point of view of society.