Energy Efficiency as a Resource
The impact that hydraulic fracturing, or fracking, has had on the energy picture in the U.S. has been profound. Natural gas prices have plummeted. Supplies have increased sharply. The long-term outlook for natural gas is a radical departure from historic trends, with apparently abundant supplies and low costs forecast, rather than scarcity and high prices. It’s no wonder that natural gas fracking has overshadowed almost all other energy news of the past year.
New Report Reveals How Next Generation Energy Efficiency Programs Can Help Utilities Achieve High Energy Savings
Washington, D.C.—New technologies and innovative program designs are combining to create the next generation of energy efficiency programs that can meet the aggressive saving targets being set by many states, finds a new report.
Washington, D.C.—The United States and Canada are leading the world with their innovative programs that deliver industrial energy efficiency services to customers, says a new report by the Institute for Industrial Productivity (IIP) and the American Council for an Energy-Efficient Economy (ACEEE).
Congratulations are in order to energy efficiency supporters in Ohio who were able to thwart an attempt by FirstEnergy to ram through an amendment to gut Ohio’s energy efficiency resource standard (EERS) during the current lame duck legislative session.
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.