Energy efficiency is a good decision for businesses, homeowners and the government, John Mandyck, chief sustainability officer, at UTC Climate, Controls & Security told attendees at the Energy Efficiency Global Forum in Washington, D.C. yesterday.
Just hours after being sworn in as the newest U.S. Secretary of Energy, Dr. Ernest Moniz affirmed that energy efficiency will be a major focus of his policy agenda.
Depending on who you ask, you'll likely get a different definition of energy efficiency. Among the definitions might be reducing overall consumption; focusing on investing in better and smarter infrastructure; or working toward clean and renewable sources of energy generation. But at its core, energy efficiency is about doing more with less. This push to reduce energy usage is reaching new heights as the energy industry bands together to create a more reliable and sustainable future.
The traditional way utilities think about the energy-efficiency consumer is changing. This paradigm shift is taking energy efficiency from boring to intelligent.
The traditional paradigms of utility energy-efficiency and demand response are changing as more sophisticated analytics tools provide utilities more clarity as it relates to their customers' electricity consumption.
Eleven SDG&E customers have saved more than 34 million kilowatt hours of electricity and more than 2 million therms of natural gas.
Energy-efficiency opportunities in the building and commercial and industrial sectors are vast, and utilities can get involved in a number of technology areas -- the most lucrative being lighting, HVAC and energy storage.
Green building codes might not be the juiciest aspect of the energy industry, but their potential impact on energy conservation can't be discounted -- especially given that buildings are responsible for 40 percent of total U.S. energy consumption.
The potential for software and information technology to move energy efficiency forward is huge, but it will move at a pace similar to that of the traditional energy market -- slow -- rather than the IT market where adoption cycles are rapid.
Everyone knows that energy efficiency is a vast untapped energy resource. New research is now identifying how energy efficiency is evolving into "intelligent efficiency" -- a term originally coined by the American Council for an Energy-Efficient Economy -- providing value for energy providers and their customers, facility owners and managers, among others.