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Energy crisis drives climate-friendly electricity savings: IEA


The IEA says that 1 out of every 8 cars sold globally is electric

The IEA says that 1 in 8 vehicles sold globally is electric.

The IEA says Russia’s invasion of Ukraine has spurred nations around the world to increase energy efficiency, creating “huge potential” to tackle high prices, security and climate change. Queen.

Governments have scaled up fossil fuel subsidies to cushion the impact of the increase Electricity bill for households after the conflict in Ukraine, which disrupted gas supplies and pushed up prices.

But a new report from the International Energy Agency shows it has also spurred policymakers and consumers to reduce their energy use, sparking record investment in energy efficiency measures, such as building renovations, and infrastructure for public transport and electric cars.

IEA chief executive Fatih Birol said that after the oil price shock of the 1970s, governments pushed for “significant improvements” in energy efficiency, particularly in cars, appliances and buildings.

“In the middle of today energy crisiswe are seeing signs that energy efficiency is once again taking precedence,” he said.

“Energy efficiency is essential to dealing with today’s crisis, with enormous potential to help address energy affordability challenges, Energy security and climate change.”

Governments, industry and households have invested a record $560 billion this year in energy efficiency measures, according to IEA research.

Preliminary IEA data for 2022 also show that global economy two percent more energy efficient than in 2021, nearly double the rate of the past five years.

The IEA says annual improvements will need to increase to 4% to meet the mid-century decarbonization targets.

But it said if current trends continue to improve, 2022 “could mark an important turning point” for efficiency, adding that this year’s developments have “changed change the dynamics of energy markets for decades to come.

Recent government initiatives to increase efficiency in buildings, automobiles and industry have included legislation in Europe, Japan and the United States that adds hundreds of billions of dollars in spending. pepper.

This energy-saving system draws warm air from outside to heat the air/water inside the building

This energy-saving system draws warm air from outside to heat the air/water inside the building.

‘Super efficient and climate friendly’

The IEA says that 1 in 8 vehicles sold globally is electric.

It said building codes are also being updated around the world, while awareness of energy efficiency is growing among consumers.

In Southeast Asia, all governments are developing policies for efficient cooling, which the IEA says is “crucial for a region with the fastest growth in electricity demand“.

Meanwhile, global heat pump sales are expected to hit a record in 2022, driven by surging demand in Europe, where nearly 3 million units are expected to be sold this year— increased from 1.5 million units in 2019.

“Heat pumps are an integral part of any plan to cut emissions and use of natural gas, and are an urgent priority in the European Union today,” Birol said in a statement. press this week.

If governments meet all energy and climate targets, the IEA says that “ultra-efficient and climate-friendly” heat pumps could meet nearly a fifth of global heating demand in buildings by 2030, up from 1/ 10 in 2021.

The first special report on the future of heat pumps, published Wednesday, says the technology, if powered by low-emission electricity, will be “at the heart” of the transition. global to sustainable heating.

The report estimates that heat pump has the potential to reduce global carbon dioxide emissions by at least 500 million tons by 2030—equivalent to the current level of annual CO2 pollution from cars in Europe.

© 2022 AFP

quote: Energy crisis promotes climate-friendly electricity savings: IEA (2022, December 2) accessed December 2, 2022 from https://techxplore.com/news/2022-12-energy- crisis-climate-friendly-power-iea.html

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