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How Big Energy Efficiency?

How Big Energy Efficiency?. *. If Catalyzed by Broadband and Information Technologies.

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How Big Energy Efficiency?

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  1. How Big Energy Efficiency? * If Catalyzed by Broadband and Information Technologies John A. “Skip” LaitnerDirector, Economic and Social AnalysisAmerican Council for an Energy-Efficient Economy (ACEEE)FCC National Broadband Plan Workshop (Energy, Environment, and Transportation)Washington, DCAugust 25, 2009 * In the spirit and tradition of Nobel Laureate and former Caltech physicist Richard Feynman, in his 1959 visionary talk, “There’s Plenty of Room at the Bottom.” See, http://www.its.caltech.edu/~feynman/plenty.html.

  2. Working Definition: Energy Efficiency Investments • The cost-effective investment in the energy we don’t use to produce our goods and services. • Examples include: • The conventional: new electronic ballasts and lamps, sensors, building and piping insulation, and heat recovery systems installed to primarily save energy; • The supply side: Combined heat and power (CHP) and recycled energy systems with efficiencies of 70-90 percent; • The unexpected: Broadband and Information and communication technologies (ICT) whose secondary value can positively increase overall energy productivity; and • Infrastructure: Investments in the more innovative, high value-added infrastructure improvements, industries and services that power structural change, but do so in ways that also lower our overall energy-intensity. • The common denominator? Productive investments and informed behavior – increasingly enabled by semiconductor devices, broadband, and ICT.

  3. Semiconductor Technologies: The Potential to Revolutionize US Energy ProductivityJohn A. “Skip” Laitner, Chris Poland Knight, Vanessa L. McKinney, and Karen Ehrhardt-Martinez May 2009 ACEEE Report Number E094

  4. Exploring Future Efficiency Gains 1,896 Billion kWh Frozen Efficiency Reference Case 1,242 Billion kWh * Semiconductor/Broadband-Enabled Efficiency Scenario *Accelerated investments in semiconductor-related technologies stimulated by smart policies (from the May 2009 ACEEE assessment on the impact of the semiconductor industry)

  5. Exploring Future Efficiency Gains • Under a semiconductor-enabled efficiency scenario, the market would require new productive investment on the order of $500 billion by 2030. • The savings to consumers and businesses would likely grow to nearly $1.3 trillion over that period of time. • Our estimates indicate that this higher level of energy productivity would stimulate a net average annual increase of 500,000 jobs. • Carbon dioxide emissions would decrease by an average of ~400 million metric tons. • Yet these returns are available only if we choose to develop and invest in this resource opportunity.

  6. The difficulty lies not with the new ideas, but in escaping the old ones. . . . John Maynard Keynes

  7. Contact Information John A. “Skip” Laitner Director, Economic and Social Analysis jslaitner@aceee.org American Council for an Energy-Efficient Economy (ACEEE) National Press Building 529 14th Street NW, Suite 600 Washington, DC 20045 o: (202) 509-4029 For more information and updates visit: www.aceee.org and www.BECCconference.org

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