“Why is it important?
Energy efficiency is called the “first fuel” in clean energy transitions, as it provides some of the quickest and most cost-effective CO2 mitigation options while lowering energy bills and strengthening energy security. Together, efficiency, electrification, behavioural change and digitalisation shape global energy intensity – the amount of energy required to produce a unit of GDP, a key measure of energy efficiency of the economy.
What is the role in clean energy transitions?
Energy efficiency is the single largest measure to avoid energy demand in the Net Zero Emissions by 2050 Scenario. Furthermore, most efficiency measures result in cost savings to consumers, lowering energy bills and helping cushion the effects of unexpected price spikes, such as occurred after Russia’s invasion of Ukraine…”
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