Energy efficiency improvements in the U.S. electric power sector could reduce electric consumption by 7 to 11 percent more than currently projected over the next two decades if key barriers can be addressed, according to a preliminary analysis of potential energy savings released recently by the Electric Power Research Institute (EPRI) and the Edison Electric Institute (EEI) during an Edison Foundation conference which examined strategies to meet the growing demand for electricity which is expected to soar 30 percent by 2030, according to the U.S. Energy Information Administration.
“This study demonstrates the potential of energy efficiency to offset some of the projected need for new electric generation as cutting-edge technologies become available and are adopted. We think a 7-percent efficiency improvement is realistic – and gains of 11 percent or more are technologically feasible – depending on the degree to which various obstacles can be overcome.”
-- Dr. Michael Howard, senior vice president at EPRI
That demand growth projection would be even higher without the implementation of existing building codes, appliance standards and market-driven consumer incentives, which will shave electricity consumption by 23 percent, according to the EPRI-EEI study. However, additional efficiency gains could be achieved only by overcoming major market, regulatory and consumer barriers, the analysis found. . . .
Essential steps include increased consumer education; adoption and enforcement of aggressive building codes and appliance standards; creation of utility business models that promote increased efficiency within the power sector; and adoption of electricity pricing policies that more accurately reflect the cost of providing electricity to consumers – and give them the information they need to use it wisely. . . .
At the same time, consumers’ ever-increasing appetite for electricity-hungry devices – even with continuing efficiency improvements – will keep electricity demand on a steady upward trajectory. A 42-inch plasma television consumes two and a half times more energy (250 watts) than a standard 27-inch TV (100 watts). And while many large household appliances have become more efficient over the years, many smaller devices have not. Two 30-watt set-top television boxes, for example, may consume as much electricity as a large refrigerator.