Energy systems efficiency
Energy efficiency is considered a key step in addressing reductions of greenhouse gases together with renewable technologies. The objective is to find ways of effectively satisfying the provision of goods and services at a lower level of energy consumption. This would result in lower energy costs for consumers while also reducing the total energy demand and consequent need for new finance and infrastructure expansion. Energy efficiency measures can be implemented at many different levels from household to nations. At the household level, measures include changing home insulation, lighting or other appliances. At the industrial level, it can vary from technological improvements to changes in management routines. Many policies have been devised in the past years to create incentives and promote changes towards increased energy efficiency.
The work of ECS in the area of energy efficiency is focused on the industry. We are particularly interested in how different industrial sectors are evolving, and what the implications are in terms of energy demand and greenhouse gas emissions. In this context, we analyze energy efficiency improvement potentials and related requirements in terms of technological change and incentives to make it all happen. An important dimension of this topic is to verify whether energy efficiency can be used as a competitive tool or if it carries risks of displacing industries and jobs. Innovation and government policies play an important role in directing changes in this area. However, understanding the full implications of these changes for the competitive advantage of industries and sustainable development is important if we want to have full commitment and support of policy makers and industrial actors.