Policy - 08/August/2019

Urgent action on energy efficiency catalysed in Dublin

Maximising the potential of the world’s first fuel

Saving energy to cut the cost of the transition to renewables would seem to be an obvious and necessary action, but energy efficiency tends not to be treated as a policy imperative. The International Energy Agency intends to make it one and is introducing actions to drive global change

Savings potential: The International Energy Agency (IEA) estimates 40% of the greenhouse gas emission cuts needed to reach the Paris climate agreement can be delivered by energy efficiency

Boosting action: To bring greater momentum to international energy efficiency efforts, the IEA launched two new initiatives with support from governments and business at a recent conference in Dublin, Ireland

Key quote: It is time to stop asking the consumer to do the heavy lifting on energy efficiency and demand and expect more of the energy industry

Collaboration between governments, business leaders and energy experts is vital if energy efficiency is to enable a “meaningful energy transition”, said Fatih Birol, head of the International Energy Agency (IEA) at an international conference hosted by the organisation in Dublin, Ireland. Reducing volumes of wasted energy is often touted as key to creating a clean energy economy, but improvements in this direction have slowed in recent years. Various new initiatives are being set up to try to rectify this and reap the full potential of energy efficiency.

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