We are very happy to see that EECA agree with what we are trying to do.
In their latest newsletter they say that energy efficiency is a key solution hiding in plain sight. It a long read but the relevant thing for us and our customers is that the best and easiest way to contribute to the fight against climate change is to invest in energy efficient technologies like hot water heat pumps and our super energy efficient solar thermodynamic hot water systems.
Below is an extract from the front page of their report, with a few highlights from us!
Energy Efficiency First: the Electricity Story
EECA's newly released modelling shows widespread uptake of energy efficient electrical technologies like LEDs and heat pumps could make a significant impact on decarbonising the electricity system and free up capacity for electrification of transport and process heat.
The ‘Energy Efficiency First: The Electricity Story’ modelling supports work led by the Interim Climate Change Commission (ICCC) on the government’s ambition towards 100% renewable electricity by 2035*. * in a normal hydrological year.
The study shows the savings from system wide uptake of modern technologies like LEDs, heat pumps, energy efficient water heating and electric motors could provide the system with the equivalent of 4,000 GWh of extra capacity, before any new renewable generation would be required.
This would require less capital investment and reduce national electricity costs, including costs for consumers.
EECA’s Chief Executive Andrew Caseley says the usual mind set is to build more renewable generation, but investment in energy efficient technology is often overlooked.
‘Energy efficient technology is a key solution hiding in plain sight. Mass uptake of these technologies would lead to significant electricity demand reduction and savings in factories, buildings and houses, so they would effectively play the same role as new renewable capacity.’
Mr Caseley says while there are costs to large-scale introduction of energy efficient technology, it is still cheaper than building new geothermal, wind or other renewable generation, and consumers will spend less on electricity as a result of the investment.
‘It’s time electricity efficiency receives the priority that it deserves’.
Read the whole report here (a downloadable .pdf file): "EECA's Energy Efficiency First: The Electricity story"