Power analysis Germany: Energy efficiency market report

Germany and IEA recently launched the new Energy Efficiency 2017 market report in the German capital in the presence of government officials, international stakeholders and diplomats.

Brigitte Zypries, Germany’s federal minister for Economic Affairs and Energy, and Dr Fatih Birol, the executive director of the International Energy Agency (IEA), recently launched the IEA’s new Energy Efficiency 2017 market report in the German capital in the presence of government officials, international stakeholders and diplomats.

Energy Efficiency 2017 details why more efficiency action is needed, highlighting the significant benefits to the global economy, energy system and the environment. Improvements in energy intensity have been the most significant factor in keeping global greenhouse gas emissions flat over the last three years. It also illustrates how a harmonised approach is needed to get the maximised benefits from policies to improve energy efficiency and to boost the deployment of renewables.

Importance of energy efficiency

In presenting the report, Dr Birol highlighted the importance of energy efficiency in reining in energy demand and carbon emissions. He said that efficiency codes and standards now cover about 32% of global energy use and that global energy intensity – the energy used per unit of gross domestic product – fell by 1.8% in 2016; a sign the global economy generated more value from its energy. Improvement seen in 2016 builds on the strong progress seen since the start of the decade.

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