This analysis, undertaken by the American Council for an Energy-Efficient Economy (ACEEE) (with the modeling assistance of Energy and Environmental Analysis (EEA)), shows that energy efficiency and renewable energy could cost-effectively reduce natural gas prices and volatility, while significantly reducing consumer natural gas expenditures. Much of the recent growth in natural gas use has been fueled by new natural gas-powered electricity generation, so it is important to understand the linkages between the natural gas and electric power sector. The analysis incorporated price, consumption and expenditure effects of aggressive, but readily achievable efficiency programs and renewable energy resources in the lower 48 states.

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98 pp., 2003, $50.00, E032