It’s a strong economic argument as well, increasingly important in a time of rampant energy price increases and a cost of living crisis. It argues that success means being smarter with how energy is being used, and using green power in the electrification of everything across industry, transport, and buildings. We have these goals but we need an implementation plan with a clear path on how to get there.” At the same time however, it can be easier to understand and assess the impact of a wind turbine than it is to think about power balancing or the role of radiators.ĭanfoss recently released a white paper which explores how energy efficiency should play a central role in all emissions reduction plans, The neglected demand side of the green equation. The real challenge is that efficiency is about a lot of little changes that add up to a major impact.įausing points out that we have the necessary technologies but there is a lack of an overall approach and co-ordination and says: “It’s hard because there is a limited degree of masterplan available.

In Singapore, efficiencies resulted in reducing the energy bill for cooling by 40% while also cutting emissions equivalent to 10,000 cars. Europe still has 500 million radiators without a thermostat – adding them could have an immediate impact. Kim Fausing, chief executive of Danish multinational Danfoss argues that the problem lies in a lack of understanding, which leads to a lack of demand. Between 20, energy intensity has improved on average by 1% per year but it's clear this needs to hit an annual rate of 4% to reach net zero. Yet even in the current energy and cost of living crisis, the rate of improvement in energy efficiency is slowing down.

Consumed by Felicia Fox