Energy Efficiency as a Resource
The recent boom in shale gas production and the subsequent decrease in the price of natural gas have left some wondering what the role for energy efficiency will be in the future. As a new ACEEE white paper explains, energy efficiency measures are still cost-effective in any foreseeable natural gas price environment.
The economic benefits of energy efficiency extend far beyond lowering energy bills for consumers. Efficiency also contributes to economic development and job creation. But who benefits most from these economic opportunities? At every step of the economic value chain produced by efficiency investments (see figure below), there are opportunities to target the economic and social benefits to those households, businesses, geographies, or sectors for whom they will make the biggest difference.
Utilities across the Country Increasingly Turning to Energy Efficiency as the Lowest-Cost Energy Resource
Yes, U.S. Oil and Gas Production Is Increasing, but Energy Efficiency Is Still the Number One Resource
A variety of recent articles have trumpeted how U.S. oil and gas production is up. For example, Daniel Yergin, in a New York Times op ed, notes that U.S. oil production has increased 1.6 million barrels per day since 1998 and that a further 0.6 million barrel increase may be possible this year. He also notes how shale gas is now 37% of U.S.
ACEEE has collaborated with state and local stakeholders for decades, arming them with valuable, up-to-date resources on energy efficiency to facilitate effective program and policy development and deployment.
The promise of energy efficiency investments to boost the overall economy and to create and sustain jobs is becoming more widely accepted, as shown in part by the ever-growing number of cost-effective energy efficiency financing programs across the c
Statement by Steven Nadel, Executive Director of the American Council for an Energy-Efficient Economy, on the 2012 State-of-the-Union Address
Tonight President Obama stated that "the easiest way to save money is to waste less energy." We couldn't agree more. Our research has found that energy efficiency is our cheapest and cleanest energy resource. As the President said, if we waste less energy, "America will have less pollution, more manufacturing, and more jobs for construction workers who need them." In his State of the Union address the President proposed to help manufacturers eliminate energy waste in their factories and give businesses incentives to upgrade their buildings.