Efficiency Potential & Market Analysis
Portfolio of Policies and Programs Could Meet 13% of Electricity and 10% of Natural Gas Demand, Create 32,000 Jobs, and Generate $4.3 billion in Economic Growth by 2025
Intelligent efficiency refers to a systematic approach to saving energy that marries traditional energy efficiency with wireless and cloud-based computer technologies. These technologies enhance our ability to gather, interpret, and act upon energy information in order to improve performance and achieve new levels of energy savings.
Over the past several years, the energy efficiency community has worked hard to engage lenders in what is estimated to be a $279 billion market. At ACEEE’s annual Finance Forums, we have witnessed tremendous progress.
Today Is the 40th Anniversary of the 1973 Oil Crisis and the Midpoint on the Path to a Truly Energy-Efficient Economy
Today marks the 40th anniversary of the 1973 Middle East Oil Embargo. On this day 40 years ago, Middle East oil ministers recommended an embargo against nations supporting Israel in the Yom Kippur war and mandated a cut in oil exports.
Congress is now on its summer recess, but just before leaving, the Senate made the Energy Savings and Industrial Competitiveness Act (S. 1392) the official order of business on the Senate floor upon the members’ return on September 9th. The bill was drafted by Senators Shaheen (D-NH) and Portman (R-OH) and contains useful provisions on building codes, industrial energy efficiency, and efficiency improvements to federal facilities.
Observers of U.S. energy policy might think of energy efficiency as a useful investment strategy to smartly manage the growth of energy consumption. They might also see it as a cost-effective means to ease our transition into a post-carbon world. And yes, the evidence does support both of these notions.
Over the past several years, financing for energy efficiency investments has been widely viewed as a promising solution to reducing upfront cost barriers to investment in energy efficiency. However, several markets, including multi-tenant commercial office and multi-family, remain stubbornly hard to reach.
Like the great river that is its namesake, Mississippi has been moving swiftly along on efforts to save residents and businesses money on their energy bills, and as a result is becoming a regional leader in energy efficiency. Governor Phil Bryant, the Mississippi Legislature, and the Mississippi Public Service Commission (MPSC) have all taken major steps recently to improve energy efficiency.
Louisiana’s Opportunity to Create Jobs and Save Residents and Business Billions on Their Energy Bills
Soon Louisiana could join the majority of states in the nation, including its neighbor Arkansas, in realizing the vast benefits of energy efficiency for its electric and natural gas customers.