Energy efficiency market report 2016
As governments focus on implementing their commitments to save energy and reduce carbon emissions under the recently ratified Paris agreement, a new report from the International Energy Agency (IEA) highlights the progress made by energy efficiency policies around the world over the past year, particularly in China and other emerging economies. The role of energy efficiency in the global energy transition is examined in the IEA’s Energy Efficiency Market Report 2016, which finds that its importance cannot be overstated. Simply put, there are no realistic or affordable energy and climate change policy without a sizeable and vigorous energy efficiency component. Energy intensity — the amount of energy used per unit of GDP — improved by 1.8% percent last year, meaning the global economy needed less energy to grow. The improvement exceeded the 1.5% gain of 2014, and was triple the average rate seen over the past decade. What’s more, last year’s gains were achieved in spite of lower energy prices, which generally dampen the enthusiasm for energy savings.
Related Content
- Doing right by planet and people: the business case for health and wellbeing in green building
- World Energy Outlook 2017: executive summary
- Renewable energy in Europe 2017: recent growth and knock-on effects
- BP Energy Outlook 2017
- Roadmap for the consideration of establishment and operation of a Greenhouse Gas Emissions Trading System in Turkey
- Climatescope 2016: the clean energy country competitiveness index