GeezerVison is showing www.aceee.org — Estimating the Value of Energy Efficiency to Reduce Wholesale Energy Price Volatility
Wholesale energy prices have historically been volatile, and this can impose significant costs on electricity buyers and sellers. This report examines these costs in electricity markets and demonstrates the value of energy efficiency as a low-risk supply option. It estimates the value at risk in the PJM service territory and finds that volatility adds as much as a 25% cost premium in extreme years and a 14% premium in more representative years. Well-designed energy efficiency investments can significantly reduce the amount of risk utilities and their customers bear and should be included in resource planning processes.
Bridging the Equity Gap for Utility Energy Efficiency Programs
Bridging the Equity Gap for Utility Energy Efficiency Programs
Utility energy efficiency programs have increased investment in low-income households, but significant gaps remain. This report examines spending and savings trends across 48 major U.S. utilities, identifies barriers to expanding low-income programs and highlights policies and program strategies that can improve energy affordability and equitable access to efficiency upgrades.
Efficiency Saves: Cutting Energy Waste Can Save $31,000 per Household
Efficiency Saves: Cutting Energy Waste Can Save $31,000 per Household
The United States faces interlocking energy challenges: rising home energy bills and gasoline prices; new demand for electricity from data centers and other loads; high greenhouse gas emissions from burning fossil fuels.
Now, a new era of energy efficiency progress in our buildings, transportation, and industry is needed to meet this moment. This wide-ranging study finds a massive opportunity.
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