US: Energy efficiency gets a boost under Obama
Good news for energy efficiency market continues.
Since 2009, Obama administration has created nearly 50 rules amd regulations that will deliver the biggest energy savings of any president in history, eliminating demand in 2030 equal to the electricity produced by 96 power plants. Many of these initiatives are relevant for businesses and industry.
Last month, a regulation drives shrinking the energy used by commercial rooftop air conditioners and furnaces, an effort the U.S. government projects that are calculated to save 1.7 trillion kilowatt-hours of electricity over 30 years. More than any other initative since efficiency laws were enacted in 1975. Making these devices more efficient under the new standard will, according to the Department of Energy, translate into $167 billion in saved costs for businesses over the life of the standard, as well as 885 million tons fewer carbon dioxide emissions.
According to Steve Nadel, Executive Director of the American Council for an Energy Efficient Economy (ACEEE), “These standards are a game-changer for the commercial sector. [...] These new standards will bring down the cost of doing business and improve bottom lines by letting companies invest money they used to spend on heating and cooling. This will in turn stimulate the economy, create jobs, and bring us closer to the finish line of the president’s climate goals for appliance standards.”
About Dusan Jakovljevic
Dusan Jakovljevic is co-founder and Director of Policy & Communications of Energy Efficiency in Industrial Processes (EEIP). Educated at the London School of Economics, Dusan has been working in EU public affairs and energy policy since 1999 in London and Brussels. Advocating broadest collaborations among energy transition actors, Dusan supports over 40 associations at Tw4SE (Twitter for Sustainable Energy), and is the engagement expert at DecarbEurope (EEIP is one of over 20 members).