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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 ...
Energy efficiency gap exists in various sectors, ranging from households, small businesses, corporations, and governments. [5] Many policies and programs have been developed to overcome those barriers and close the energy efficiency gap. Subsidies and incentives for energy-efficient technologies.
Energy economics is a broad scientific subject area which includes topics related to supply and use of energy in societies. [1] Considering the cost of energy services and associated value gives economic meaning to the efficiency at which energy can be produced. [2]
Common energy efficiency label on appliances to indicate their energy efficiency in a clear manner. Efficient energy use, or energy efficiency, is the process of reducing the amount of energy required to provide products and services. There are many technologies and methods available that are more energy efficient than conventional systems.
Measurable energy conservation and efficiency gains in the 1980s led to the 1987 Energy Security Report to the President (DOE, 1987) that "the United States uses about 29 quads less energy in a year today than it would have if our economic growth since 1972 had been accompanied by the less- efficient trends in energy use we were following at ...
It is an experience-curve law, a type of law quantifying efficiency gains from experience in production. The observation is named after Gordon Moore , the co-founder of Fairchild Semiconductor and Intel and former CEO of the latter, who in 1965 noted that the number of components per integrated circuit had been doubling every year , [ a ] and ...
Energy policy is the manner in which a given entity (often governmental) has decided to address issues of energy development including energy production, distribution and consumption. The attributes of energy policy may include legislation , international treaties, incentives to investment, guidelines for energy conservation , taxation and ...
Managing energy, peak demand and bills in community level may be more feasible and viable, because of the collective purchasing power, the bargaining power, more options in energy efficiency or storage, [24] more flexibility and diversity in generating and consuming energy at different times, e.g. using PV to compensate day time consumption or ...