Energy efficiency has emerged as a major environmental issue that, due to regulation and higher energy prices, is now a growing and important energy business segment in its own right. Economic growth and consumer trends, combined with technological improvements, will only reinforce this emerging industry that is increasingly targeted by both utilities and energy services companies.
Scope
Insight into how energy efficiency is tied to economic growth and what are the trends in both to 2014. An examination of the relationship between home construction, large appliances and energy use across Europe. A case study on the world's most successful energy efficiency labelling program. Market sizes and projections for the energy services industry across European countries.
Highlights
Labour productivity will have increased 352% and 158% in the US and EU7, respectively, from 1990 to 2015. In contrast, power consumption will only have increased 77% and 68% for the US and EU7, respectively, over the same period, leading to major gains in measures of energy efficiency. Environmental regulations, technological improvements and voluntary compliance with tougher performance standards mean that some appliance categories are approaching the level where further cost effective energy efficiency gains are no longer possible. In the EU from 2003 to 2006, there was an 89% correlation between new home construction and purchases of major residential appliances. This highlights the fact that the greatest residential energy efficiency gains through improvements appliances arise through new home construction.
Reasons to Purchase
Understand trends in economic growth and energy efficiency improvements across Europe. Identify home product categories in which consumption is growing, and how this relates to energy efficiency improvements. Understand which European markets hold the greatest market potential for the sale of energy services.
View Table of ContentsPublication Date: August 2007
Publisher: Datamonitor
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