“The cheapest energy is the energy you do not consume“
As Jørgen Mads Clausen stated on the latest climate conference at Alsion in Sønderborg: “The cheapest energy is the energy you do not consume“. This has become a kind of mantra in this focus area.
It is about saving energy, utilizing the existing energy in the most efficient way, using the energy while there is a lot of it (e.g. when the wind turbines produce much power), but also about systems, solutions and products that are raising the efficiency of clean energy.
Energy efficiency is one of the easiest and most cost effective ways to combat climate change and at the same time improve the competitiveness of our businesses as well as to reduce energy costs for consumers. This project is working with universities, businesses and the research labs to improve innovation in a broad sense, to promote and support the development of new, energy-efficient technologies while boosting the efficiency of current technologies on the market.
By using energy more efficiently, we can lower energy bills, reduce reliance on external suppliers of oil and gas and help protect the environment. Energy efficiency has to be increased at all stages of the energy chain from generation to final consumption. At the same time, the benefits of energy efficiency must outweigh the costs, for instance those involved in renovations.
EU measures therefore focus on sectors where the potential for savings is greatest such as buildings. The energy efficiency targets for 2020 and 2030 has been set to 20% energy savings target by 2020 when compared to the projected use of energy in 2020 – roughly equivalent to turning off 400 power stations. At an EU summit in October 2014, EU countries agreed on a new energy efficiency target of 27% or greater by 2030. The European Commission had proposed 30% in its Energy Efficiency Communication.