Energy Efficiency Evolution: New Opportunities for Utility Programs
- Jul 26, 2022 7:23 am GMT
This item is part of the Energy Efficiency - July 2022 SPECIAL ISSUE, click here for more
Energy efficiency has delivered huge benefits over the last 40 years. Roughly 20 percent of the carbon dioxide (CO2) reductions in the electric power sector have been the result of reduced energy use; and, the magnitude of energy efficiency savings (211 billion kWh) was more than double the output of solar generation (96 billion kWh in 2018). Yet, we’re at an inflection point today. Efficiency is growing more expensive as incremental savings targets grow, and more pressure is put on energy efficiency programs as a key part of reaching deep carbon reduction.
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