- It is by far the biggest resource.
- It is by far the cheapest, far cheaper than the current cost of unsustainable energy, so cheap that it helps pay for the other solutions.
- It is by far the fastest to deploy.
- It is “renewable” — the efficiency potential never runs out.
This post focuses on #1 — the tremendous size of the resource. Part 2 explains why it is The limitless resource, Part 3 explains why efficiency is The only cheap power left, and Part 4 explains How California does it so consistently and cost-effectively. Part 5 explains why efficiency has the highest documented rate of return of any federal program.
Of the 14 or so wedges we need to deploy globally by 2050, I have argued that about two are electricity efficiency, one is recycled energy (cogeneration), and one is vehicle fuel efficiency (cars globally averaging 60 mpg) — see “450 ppm (or less) Part 2: The Solution.” The International Energy Agency also thinks about four wedges are efficiency, see “IEA report, Part 2: the 450-ppm solution.” And so does Price Waterhouse Coopers, see here.
[I would also add that since plug-in hybrids are another core solution -- and since the electric motor is inherently more efficient than the gasoline engine -- you could also consider part of the plug-in wedge to be an efficiency gain.]
How big is the efficiency potential in this country? The global consulting firm McKinsey & Co. estimates that nearly 40% of the U.S. emissions reduction potential by 2030 is from energy efficiency (see here).
In the past three decades, electricity per capita has stayed flat in Californian while it has risen 60% in the rest of the country. If all Americans had the same per capita electricity demand as Californians, we would cut electricity consumption 40%. And if all of America adopted the same energy efficiency policies that California is now putting in place, the country would never have to build another power plant.
Energy efficiency is THE core climate solution.
- Car plant cuts energy costs $627,000 with 2-month payback (!) — with DOE help
- China’s immoral energy policy — Part II: The efficient alternative
- California makes efficiency “business as usual”
- McCain on energy efficiency: He is Cheney’s third term!
- California tightens building standards yet again
- U.S. News multiple stories on energy efficiency
- Bodman as Orwell: DOE erases “most successful” weatherization program from website
- Details on Bush’s anti-efficiency budget
- Some vampires suck energy not blood
- Bill Clinton (!) explains utility decoupling
- Maryland Embraces California-style Decoupling
- Energy Efficiency is Not Science Fiction
- Blue Dogs for Energy Efficiency
- Green Buildings Make Cents
- Conserve Energy, Splurge on the Technology
- Energy Efficiency in the News (Finally!)
- One Climate Solution for Utilities
- Energy Efficiency Redux
- Start Smart on Climate with Energy Efficiency
- Science Magazine Ignores Half the Solution
- DoE Drops the Efficiency Ball 34 Times!
- Recycled Energy — A core climate solution
- Plug-in hybrids and electric cars — a core climate solution
- Are biofuels a core climate solution?
- Wind Power — A core climate solution
Concentrated solar thermal powerSolar Baseload — a core climate solution
- Hot rocks are a rockin’ hot climate solution