In an article for Strategies, Navigant says progress in energy efficiency is not expected to be altered by federal policy changes
While industry stakeholders have expressed concern about the Trump administration’s actions to reduce funding for federal agencies responsible for efficiency programs and research, state and local levels of government, as well as corporations and technology manufacturers, are still driving energy efficiency adoption forward.
In a recent article for Strategies, AESP’s monthly member magazine, Navigant’s Frank Stern, Rob Neumann, and Christopher Lau say that federal energy policy changes will not change the positive direction of energy efficiency in the United States.
“Energy regulation and policy are developed at multiple levels, with federal policy as one of many levers of power. At the international, state, municipal, and corporate levels, the momentum to adopt energy efficient technologies is strong,” according to the authors. “The pace of technology development and the positive economics of energy efficiency investments will continue to drive energy efficiency adoption, independent of federal policy.”
The role of energy efficiency in the U.S. energy market has grown rapidly, driven by the need to reduce reliance on large generation assets, to modulate energy demand, and to mitigate climate change. Further, according to the article, the U.S. is still on a positive trajectory to achieve Clean Power Plan goals earlier than planned after largely moving away from coal and toward natural gas, while implementing renewables and increased energy efficiency. This, coupled with increasing improvements in appliance standards, has led to significant decreases in electricity generation and consumption.