Energy efficiency forgotten as easiest way to cut emissions: Energy efficiency has been forgotten as the easiest route to cut emissions.
This is according to a warning from DNV GL, which says it is vital to reduce the amount of energy consumed by individuals, corporations, and countries and enhance the availability and uptake of energy efficient technologies.
It says investment is behind across the efficiency sector, referred to as “one of the four pillars of deep decarbonisation”, close to increased electrification, reduced fossil fuel use & less non-combustion emissions such as methane leaks which is an issue as more investment and innovation is required to hit decarbonisation due dates on time.
Despite the “rapid uptake” of renewable energy seen around the world, as the organisation states, the energy transition is still not moving quick enough to achieve the goals of the Paris Agreement.
It appeals for new ways in selling energy efficiency and recommends that advancing the non-energy benefits of efficient technologies, such as occupant comfort or accident decline, can drive greater uptake.
DNV GL also mentions incentive policies, tougher regulations, creative financing structures & new technologies are needed in helping to cut emissions across buildings and manufacturing.
Ditlev Engel, CEO at DNV GL – Energy states: “Energy efficiency may not be the silver bullet to slowing climate change, but it is a secret weapon that is accessible to most and will accelerate the transition to a clean energy future.
“Strategies that enable individuals and companies to use less energy are one of the easiest, lowest-investment, and often simplest approaches to lowering carbon emissions, but we are seeing rates of adoption decline rather than speed up in some areas such as manufacturing and building design and operations.”
Energy efficiency forgotten as easiest way to cut emissions