Reasons for and against acquiring energy efficient technologies

64 The development of low-energy products depends amongst other things on perceived feasibility. And that perception is in turn determined by the presence of knowledge of the opportunities to develop low-energy products and by the priority the company places on the development of energy efficient technology rather than other business processes. Apart from attitude, corporate culture is an important explanatory factor for a companys willingness to develop low-energy products. Figure 10 Reasons for and against the development of low -energy products

5.4 Agreement between policy instruments and reasons

for and against energy savings In this section we describe the extent to which the governments policy instruments to save energy in manufacturing agree with the reasons and conditions that influence a companys decisions. 36 We also consider whether lack of agreement can explain the underachievement of the energy saving targets. 36 The survey did not ask about energy tax because companies cannot opt in or out. 65 Multiyear energy efficiency agreements The multiyear energy efficiency agreements agree most with the reasons and conditions that determine a manufacturing companys decision- making processes. They offer the prospect of cost savings and inform participants of potential grants and tax schemes. Participants receive advice on how to save energy that is tailored to their business and on how to share energy saving information and experiences within the industry. Furthermore, the compulsory introduction of energy management and energy saving reports increases the companies knowledge of their own energy consumption. Our survey found that companies thought they did not have enough knowledge. More than a quarter 27 said they did not have enough knowledge. This was true of 29 of the small companies, 24 of the medium-sized companies and 11 of the large companies. A breakdown of the large companies shows that those with between 250 and 1,000 employees, in particular, do not have enough knowledge. Only companies with more than 3,000 employees said they had enough knowledge. It is assumed that voluntary agreements create social pressure to save energy. However, the social pressure of the current agreements in the manufacturing industry does not seem to have a decisive influence on the companies behaviour. The effect of the second generation of multiyear agreements is due to their influence on the expected consequences of energy savings and the extent to which companies think they can make energy savings. Our audit revealed that companies thought multiyear agreements provided the greatest incentive and that participants acquired energy efficient technology and worked on energy savings in the production chain more often than non-participants. The final self- reported percentage energy saving, however, did not differ from that of non-participants. Benchmarking Agreement The Benchmarking Agreement only partially agrees with the relevant reasons and conditions. Furthermore, its effect was weakened when the target for 2012 and the agreements obligations were largely abandoned upon the introduction of the CO 2 emissions trading system. Tax schemes and grants Small and medium-sized companies found tax schemes and grants to be the most effective instruments. The schemes and grants used by the government to encourage energy savings agree with the financial aspects of a companys economic rationalism. Financial incentives influence the