“The Giant Wakes and ROARS”:Progress and Potential of Energy Efficiency Policy in the U.S.
Kateri Callahan, PresidentAlliance to Save Energy
February 17, 2010Eilat- Eilot: International Renewable Energy Conference
Presentation Overview
History of Energy Efficiency in the U.S.
Quiet but Working Hard for 30 Years
Awakening the Giant
Strong Federal Policies & Increased Investment
Unleashing the Full Potential of the GiantCreating the Decade of Energy Efficiency
What is the Alliance to Save Energy ?Mission :
To promote energy efficiency worldwide to achieve a healthier
economy, a cleaner environment, and greater energy
security.
Organization: Staffed by 60+ professionals32 years of experience$12 million annual budgetRecognized as premier EE
organization in the world
What is the Alliance to Save Energy? An Alliance of the Leading Voices from Business, Government, Academia ,
Environmental and Consumer Groups
Governed by Strong Board of Directors
Chaired by Senator Mark Pryor (D-Ark.) and Peter Darbee, Pres./CEO of PG&E
Working with and Across All Sectors of the Economy - 170 companies, organizations, and institution in Associates Program
- Associates Program membership represents all economic sectors - Initiatives underway in research, policy advocacy, education, technology
deployment, market transformation and communications
EE: Quietly Delivering for 3 Decades
4
Creates Enormous Savings•AVOIDING roughly 2.5 billion tons of CO2 annually
•Saving roughly $400 billion annually
Deploying EE in the U.S.: A Foundation of Public Policy
To encourage technological innovation
To gain foothold in market
To achieve market penetration
To lock in savings for consumers and businesses
“Quiet Giant” Created Through State Leadership
National Policy Awakens the Giant
EISA 2007: A marriage of…EPAct 2005:
EE provisions for:-Buildings-Transportation-R&D-Utilities-Tax Incentives
And Policies Matter! The Energy Use Outlook After EPAct and EISA
–Reduce electricity use 15% by 2020–Net-zero energy buildings by 2030–Overhaul federal appliance standards–By 2014, reduce energy use in new
federal buildings 45%; 25% in existing federal buildings
–Flip incentives for utilities–Invest in a “smart grid”–Weatherize 1 million homes/year–Incentives for “livable cities”
Candidate Obama: Energy Efficiency Advocate
Opening the Decade of Energy Efficiency
Stimulus package
President’s Fiscal Year
2010 budget
President’s new CAFÉ standards
January 2009
June July
House Passes
Climate Legislation
Ongoing appropriations in House/Senate
climate/energy bills
DOE: new lighting standards
October
November
Executive Order on federal
energy use
Outdoor Lighting standards
HVAC standards
agreement
House Passes $75B “Jobs for
Main Street” bill
Bilateral agreement: U.S.-China Energy
Efficiency Action Plan
December
COP15: Secretary Chu announces Climate
REDI Program
May
Source: Consortium for Energy Efficiency, 2009 Annual Report
And Investment is Increasing!
Stimulus: $65B Related to Energy Efficiency
Funding in Millions of US Dollars
EE: The Roar Grows Louder and Stronger !A “headstart” on renewables and other climate-related business
Global revenues from climate-related businesses rose by 75 percent in 2008 to $530 billion
Climate-related business revenue could exceed $2 trillion by 2020
Energy efficiency recorded the highest investment return at 30%
Keeping up the pace…
Energy efficiency will receive $184 billion (53%) of the $350 billion in
global green stimulus funds
Source: HSBC Global Research Report, September 2009
Roaring into the Decade: Forecast for U.S. Policy - 2010 Clean Energy Legislation w/ Strong EE
Building CodesAppliance StandardsInnovative Financing MechanismsSignificant Funding from Allowances
New Jobs BillLoan GuarantiesWorkforce TrainingResidential Retrofit RebatesSignificant FY 2011 Appropriations
Binding International Climate Treaties???