Market for Energy Efficiency & Environment (M3E) – Energy Efficiency Program in the Islamic Republic of Iran

Policy Paper 5

The present paper focuses on the review of article 12 in the process of development of energy efficiency programs. Article 12 and its bylaw has provided a basis for developing Market for Energy Efficiency & Environment (M3E). Establishment of Market for Energy Efficiency & Environment was approved in the Supreme National Energy Council of the Islamic Republic of Iran in February 2018. The present report is a communication note in the process of development and implementation of Market for Energy Efficiency & Environment and it is intended to clarify the concept of Market for Energy Efficiency and Environment (M3E). The relationship between article 12 and M3E shall be described in the present paper. M3E is also a measure that would enable the implementation of laws for “Targeted Subsidy Reform Act” and “Improvement of Energy Consumption Pattern”.

Link to Policy Paper [2.1 MB | en]