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Unlocking Energy Efficiency in the U.S. Economy

Author
H.C. Granade, J.Creyts, A.Derkach et al.
Source
McKinsey Global Energy and Materials
Publisher
McKinsey & Company
Publication date
July 2009
Type
Reports
Category
Environment/Climate Change
Discipline
Environmental Management
Language
English
Link
Unlocking Energy Efficiency in the U.S. Economy
Free/Pay for content
Free
 

In this report, McKinsey & Company offers a detailed analysis of the magnitude of the efficiency potential in non-transportation uses of energy, a thorough assessment of the barriers that impede the capture of greater efficiency, and an outline of the practical solutions available to unlock the potential.

Five observations will be relevant to a national debate about how best to pursue energy efficiency opportunities of the magnitude identified and within the timeframe considered in this report. Specifically, an overarching strategy would need to:
  • Recognize energy efficiency as an important energy resource that can help meet future energy needs while the nation concurrently develops new no- and low-carbon energy sources
  • Formulate and launch at both national and regional levels an integrated portfolio of proven, piloted, and emerging approaches to unlock the full potential of energy efficiency Identify methods to provide the significant upfront funding required by any plan to capture energy efficiency
  • Identify methods to provide the significant upfront funding required by any plan to capture energy efficiency
  • Forge greater alignment between utilities, regulators, government agencies, manufacturers, and energy consumers
  • Foster innovation in the development and deployment of next-generation energy efficiency technologies to ensure ongoing productivity gains.
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