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Market transformation describes both a policy objective and a program strategy [1] to promote the value and self-sustaining presence of energy-efficient technologies in the marketplace. It is a strategic process of market intervention which aims to alter market behavior by removing identified barriers and leveraging opportunities to further the ...
The main goal of SEM is to help a company achieve continuous improvement in its energy performance over a longer-term period. Some energy benefits of SEM include reduced energy consumption through improved energy efficiency and energy conservation, improved peak demand management and reduced demand charges, decreased overall energy cost, reduced energy costs, greenhouse gas (GHG) emissions and ...
2004 – From 2000 to 2004, CLASP provided assistance for the development and implementation of 21 new minimum energy performance standards, energy efficiency endorsement labels, and energy information labels that will save 250 megatons of CO 2 by 2014. 2005 – CLASP became an independent 501(c)(3) non-profit corporation.
The strategy tries to evaluate the energy consumption and greenhouse gas emissions of products and operations and sets reduction targets accordingly. [20] Furthermore, their environmental efforts is based on four key issues: substance management, energy efficiency, recycling, promoting environmental sustainability. [21]
These include the Energy Efficiency Network Initiative aimed at companies, new obligations on non-SMEs to carry out regular energy audits, increased funding for energy efficient commercial renovation and new-build, and a new Energy Efficiency Strategy for Buildings (ESG) that may result in an "almost climate-neutral building stock".
Energy efficiency—using less energy to deliver the same goods or services, or delivering comparable services with less goods—is a cornerstone of many sustainable energy strategies. [ 36 ] [ 37 ] The International Energy Agency (IEA) has estimated that increasing energy efficiency could achieve 40% of greenhouse gas emission reductions ...
The logo of the Renewable Energy and Energy Efficiency Partnership (REEEP), including tagline " Developing Clean Energy Markets" The Renewable Energy and Energy Efficiency Partnership (REEEP) is a Vienna-based Quasi-International Organisation [1] that advances markets for renewable energy and energy efficiency with a particular emphasis on the emerging markets and developing countries.
Energy efficiency was a lower priority when energy was cheap and awareness of its environmental impact was low. In 1975 the average fuel economy of a car in the US was under 15 miles per gallon [ 6 ] Incandescent light bulbs, which were the most common type until the late 20th century, waste 90% of their energy as heat, with only 10% converted ...