Environmental Research Digest – January 2012
The Brattle Group released a report on energy efficiency and its impact on electricity consumption. The report is based on a survey of 50 energy experts from utilities, non-profits, government, universities, research labs and consulting firms.
- Energy efficiency is likely to bring down U.S. electricity consumption by five to 15 percent by 2020.
- It finds that electric peak demand is likely to drop by 7.5 to 15 percent, and natural gas consumption by five to 10 percent, compared to forecast trends.
- These reductions will likely be caused by the rising cost of electricity and natural gas, advances in appliance and building technology, new rate designs, and cultural shifts, among other factors.
- 10 to 30 percent of commercial and industrial customers will participate in dynamic pricing programs, compared to between 7.5 and 20 percent of residential consumers.
The Brattle Group