Unexplored territory: energy efficiency on the supply side

Speakers: Alain Berger, VP European Affairs and Head of the Brussels Office and Denis  Cochet, Senior VP for Global Power Sales

Energy efficiency, a key driver to achieve climate change goals, is about supply as well as about demand. The IEA estimates that of all the effort required to deliver a 50% reduction in global emissions by 2050:
 
• 24% will need to come from end use fuel efficiency 
• 12% will need to come from end use electricity efficiency, and 
• a further 7% will need to come from power generation efficiency: i.e. from the supply side of the energy market

There is a scope and urgency for action to improve energy efficiency in existing and new power plants in Europe. Not to mention that the G8 have recognised the urgency of this too.

The speakers discussed with the audience about the potential of savings through energy efficiency measures in power plants.