Energy Efficiency and Electrical Power Generation

Abstract

Energy efficiency is the most influential means of achieving sustainable energy future. It will significantly economize on energy use, reduce investments in energy infrastructure, reduce costs and maximize consumer welfare; as important it cuts off on emissions. In its World Energy Outlook 2010, the International Energy Agency (IEA), adopted the BLUE Map scenario which sets a goal of halving global energy-related CO2 emissions by 2050, compared to 2005 levels, and sets out the least-cost pathway to achieve that goal; through the deployment of existing low-carbon technologies (IEA-WEO 2010).