The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge...
Transcript of The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge...
![Page 1: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/1.jpg)
The LED lighting revolution
A Triple-Win for Climate, Economy and Society in the 21st Century
Lighting
![Page 2: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/2.jpg)
2
![Page 3: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/3.jpg)
Contents
Huge savings despite growing demand for energy 5
From a linear to circular economy 7
Growth in demand for lighting 9
LED lighting provides a viable solution 10
LED lighting energy savings potential 12
Benefits beyond efficiency 14
Barriers to switch 15
Next steps to acceleration 17
Conventional vs. LED lighting 19
Broader economic benefits of energy efficiency 20
Benefits ripe for the picking 23
The LED and Digital Revolution 24
Business Enablers: potential investment models 45
3
![Page 4: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/4.jpg)
4
![Page 5: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/5.jpg)
Huge savings despite growing demand for energy
• Three global challenges
· Population growth
· Urbanization
· Rise of the middle class
• By 2030 these global trends will lead to an estimated 35%
increase in number of lightpoints worldwide.
Enormous energy savings can be achieved by accelerating
renovation of the installed base, and leapfrogging to
efficient and connected LED lighting technologies for
new cities and buildings.
5
![Page 6: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/6.jpg)
6
![Page 7: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/7.jpg)
From a linear to circular economy
In recent decades we have refined a model for business and society
where the priority is to pay the lowest initial cost.
The result is a linear economy, which extracts and consumes huge
amounts of resources (energy, material, food and water).
The expansion of our linear society is underpinned by our use
of Gross Domestic Product (GDP) as the preferred indicator and
measure of progress.
7
![Page 8: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/8.jpg)
Global trends
35%
Due to population growth,
urbanization and the rise of the
middle class, the total number of
lightpoints throughout the world
is projected to grow by 35%
by 2030.
increase in lightpointscompared to 2006
8
![Page 9: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/9.jpg)
Growth in demand for lighting
The world needs energy and services which enable
well-being of both people and planet... That means:
• The world needs more light to cope with increased demand
• The world needs energy-efficient light to reduce the economic and environmental impacts
• The world needs smart, connected light to maximize the benefits
9
![Page 10: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/10.jpg)
Four drivers for change
LED lighting provides a viable solution
1 2Rising energy prices
Security of energy supply
10
![Page 11: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/11.jpg)
Lighting currently consumes 15% of the world’s electricity.
1 value propositionLED lighting can now be used in all applications.
It can also be connected to lighting management
systems and adjusted to produce new lighting
experiences. This makes it an energy-efficient
lighting technology to drive sustainable
development.
3 4Climate change
Economic growth
11
![Page 12: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/12.jpg)
LED lighting energy savings potential
Region € bn Carbon mt # Power Plant
Global 272 1400 1250
EU (incl. RCA) 85 198 267
NA 48 301 273
Latam 24 34 94
Asia 71 601 403
Middle East & Africa 42 266 212
Even with the huge growth in lightpoints by 2030, LED lighting can
deliver huge savings (compared with baseline 2006 figures): 12
![Page 13: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/13.jpg)
A saving of
1250A decline of € 272 billion 1400 million in energy savings
compared to ‘business
as usual’ per year
tons in carbon
emissions per year
power plants compared
to ‘business as usual’
The lighting share of global electricity consumption has evolved
from 19% in 2006 (before the lighting market transition, after Philips called for
a global agreement to phase out incandescent light bulbs) to 15% in 2014, and
is projected to further decline to 8% by 2030
13
![Page 14: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/14.jpg)
Benefits beyond efficiency
Next to energy efficiency,
cost savings and reduced carbon
emissions, LED lighting provides
additional benefits beyond
efficiency. With lighting levels that
can be adjusted and no compromise
in light quality, it can be
used to create:
• Safer roads and streets
• More productive offices
• More liveable cities and attractive public spaces
• More patient-friendly hospitals
14
![Page 15: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/15.jpg)
Barriers to the Switch
• Lighting is not widely recognised as
a key to energy efficiency
• People don’t see the electricity
costs associated with lighting
• They are unaware of new, energy-
efficient lighting technologies
• Often decision makers are
not lighting experts
Lack of awareness
– people are simply not sufficiently
aware of the many benefits of good
quality LED lighting.
Financial
Although energy-efficient lighting technologies cost a little
more initially, they offer attractive levels of payback and save
large amounts of both energy and money during their lifetime.
15
![Page 16: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/16.jpg)
16
![Page 17: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/17.jpg)
Next steps to acceleration
• Technology exists: there’s no need to delay adoption
• Policy frameworks: renovation of
existing lighting systems combined with green public procurement
• Financing: unleash public private
financing mechanisms
• Communicate tangible benefits:
impacting voting and buying behavior
17
![Page 18: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/18.jpg)
Global sales of incandescent lightbulbs have fallen sharply,
from a stable level of 12 billion pieces per year in 2006.
Collective efforts to adopt more efficient lighting have
halved the annual market for incandescent light bulbs
to 6 billion pieces.
Over the years, the use of conventional
light bulbs has been steadily decreasing
as people become more aware of the benefits
of energy saving alternatives.
Conventional vs... 18
![Page 19: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/19.jpg)
...LED lighting
In years to come we will see the total disappearance of 19th
century incandescent light bulbs - the end of the first mass
electric appliance! - to be replaced by 21st century efficient
connected LED lighting systems and technologies.
19
![Page 20: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/20.jpg)
Global trends (population growth, urbanization, rise of the
middle class) lead to an annual growth in energy demand of 3%.
At the same time, our society is only making gains in energy
efficiency of close to 1.5% more efficient per year.
If we double the rate of energy efficiency improvement to 3%
per year, we can unlock significant economic benefits.
The broader economic benefits of energy efficiency
20
![Page 21: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/21.jpg)
• €2300 / US$ 2500 billion reduction in annual fuel bill by 2030
• reduction of household energy bills by one third
• More than 6 million jobs (already by 2020)
Doubling the rate of energy improvement provides
From “The 2015 Energy Productivity and Economic Prosperity Index”, ‘How efficiency will drive growth, create jobs and spread wellbeing throughout society’; Ecofys, The Lisbon Council, Quintel, 2015
21
![Page 22: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/22.jpg)
22
![Page 23: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/23.jpg)
Benefits ripe for the pickingYou can make significant progress in saving energy,
reducing carbon emissions and cutting costs by switching
to LED lighting. By connecting LED lighting to smart controls,
networks, devices and apps, Philips enables new levels
of energy efficiency, amazing lighting experiences and
outstanding business outcomes. To fully realize the potential,
accelerated renovation of urban infrastructure and buildings
is needed. Cities, states and regions can take the lead by
partnering with progressive companies. Energy efficiency and
connected LED lighting systems and solutions are fruits lying
on the ground waiting to be picked up. Philips looks forward to
working with you on your lighting projects.
23
![Page 24: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/24.jpg)
The LED and Digital Revolution
• Analog - Lamps • Stand-alone - ‘Dumb’• Products - Replacement sales
Technology and business model transition
• Digital - LEDs • Connected - ‘Smart’• Systems & Services - Projects
Offering Lighting Products
Leading EE lighting Solutions
Connected LED lighting integrated in infrastructure Eco-systems
24
![Page 25: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/25.jpg)
Transition from analog to digital:
• Switch from lighting replacement products to financing and leasing lighting as a service
This will reap not only the direct economic benefits of lighting but also the benefits beyond lighting fully in line with the transition from a linear to a circular society.
25
![Page 26: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/26.jpg)
26
![Page 27: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/27.jpg)
Real life Madrid case
Madrid is advancing its city infrastructure by swapping
100% of its street-lighting with Philips LED and other
Philips energy-efficient lighting technologies.
This street-lighting renovation project is the largest in
the world to date. This renewal project delivers a 50%
saving in energy compared to the old installation.
27
![Page 28: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/28.jpg)
Total
LED savings potential per region
Metric Global Europe NA Latam Asia MET
€ bn 272 85 48 24 71 42
M Co2 1400 198 301 34 601 266
# of power stations* 1250 268 273 94 403 212
* Average 2TWh power station
28
![Page 29: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/29.jpg)
29
![Page 30: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/30.jpg)
Home Lighting
LED savings potential per region
Metric Global Europe NA Latam Asia MET
€ bn 82 27 18 3 20 14
M Co2 437 65 116 4 166 86
# of power stations* 384 87 105 12 111 69
* Average 2TWh power station
30
![Page 31: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/31.jpg)
31
![Page 32: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/32.jpg)
Metric Global Europe NA Latam Asia MET
€ bn 21 6 4 3 6 3
M Co2 109 16 22 4 46 21
# of power stations* 101 22 19 12 31 17
* Average 2TWh power station
LED savings potential per region
Outdoor Lighting
32
![Page 33: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/33.jpg)
33
![Page 34: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/34.jpg)
Metric Global Europe NA Latam Asia MET
€ bn 49 15 6 5 14 8
M Co2 245 32 40 9 110 55
# of power stations* 221 44 36 23 74 44
* Average 2TWh power station
LED savings potential per region
Office Lighting
34
![Page 35: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/35.jpg)
35
![Page 36: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/36.jpg)
LED savings potential per region
Metric Global Europe NA Latam Asia MET
€ bn 34 9 6 7 8 4
M Co2 158 20 41 9 68 21
# of power stations* 150 27 37 23 45 17
* Average 2TWh power station
Retail Lighting
36
![Page 37: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/37.jpg)
37
![Page 38: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/38.jpg)
Metric Global Europe NA Latam Asia MET
€ bn 15 6 2 0 4 3
M Co2 80 12 10 1 38 18
# of power stations* 70 16 9 4 26 15
* Average 2TWh power station
LED savings potential per region
Hospitality Lighting
38
![Page 39: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/39.jpg)
39
![Page 40: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/40.jpg)
Metric Global Europe NA Latam Asia MET
€ bn 12 5 1 0 3 3
M Co2 60 14 7 0 25 13
# of power stations* 53 19 6 0 17 10
* Average 2TWh power station
LED savings potential per region
Health Lighting
40
![Page 41: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/41.jpg)
41
![Page 42: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/42.jpg)
Metric Global Europe NA Latam Asia MET
€ bn 58 17 11 7 17 7
M Co2 312 38 65 7 149 52
# of power stations* 272 52 59 20 100 42
* Average 2TWh power station
LED savings potential per region
Other
42
![Page 43: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/43.jpg)
43
![Page 44: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/44.jpg)
Phase out old inefficient technologies by setting minimum efficiency and quality requirements
• Incandescent lamps
• Halophosphate TL lamps
• High Pressure Mercury lamps
• EM ballasts for fluorescent lighting
Restrict SUPPLY of least efficient products
Stimulate DEMAND of most efficient products and systems
Policy measures; ‘supply’ and ‘demand’
National policies and legislation promoting efficient products and systems
• Green Public Procurement
• Lighting System Legislation
• Financing mechanisms
• Energy performance targets for all buildings and neighbourhoods, combined with renovation of existing ones
44
![Page 45: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/45.jpg)
Use new business models
• Utility funding schemes
• Public Private Partnership
• Energy Service Company
Private financing
• Installment payment
• Bank loan
• Financial lease
Fiscal measures
• VAT differentiation
• Import duties
• Tax deduction
Public Funding
• Subsidies
• Economic stimulus measures
Carbon financing
• Clean Development Mechanism
• Joint Implementation
• Carbon credits
• White certificates
Business Enablers: potential investment models
45
![Page 46: The LED - Philipsimages.philips.com/is/content/PhilipsConsumer/PDFDownloads/Global/... · Huge savings despite growing demand for energy 5 ... The LED and Digital Revolution 24 ...](https://reader035.fdocuments.us/reader035/viewer/2022062909/5af8af417f8b9abd588be7f7/html5/thumbnails/46.jpg)
www.philips.com
© 2016 Koninklijke Philips N.V. All rights reserved. Philips Lighting, a Royal Philips (NYSE: PHG, AEX: PHIA) company, is the global leader in lighting products, systems and services. Our understanding of how lighting positively affects people coupled with our deep technological know-how enable us to deliver digital lighting innovations that unlock new business value, deliver rich user experiences and help to improve lives. Serving professional and consumer markets, we sell more energy efficient LED lighting than any other company. We lead the industry in connected lighting systems and services, leveraging the Internet of Things to take light beyond illumination and transform homes, buildings and urban spaces. In 2015, we had sales of EUR 7.4 billion and employed 33,000 people worldwide.