INSULATION MEASURES DELIVERED [FIGURE 3] SOURCE – DESNZ – HOUSEHOLD ENERGY EFFICIENCY STATISTICS
1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 0
By the 2020s insulation installation had dropped to only 5% of the annual households of 2009-2012
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
1$/4 2 ''
*!/ *'$
Digital Evaluation of Household Emission Reductions Digital tools are essential for accurately assessing and tracking emissions reductions at scale. By leveraging smart meters, cloud-based systems, and real-time monitoring, policymakers can craft evidence-based strategies, derisk policy and thereby ensure accountability. This infrastructure enables transparent reporting and allows governments to identify and address gaps in energy efficiency programs effectively. Utilizing and Scaling Property-Linked Finance Addressing ownership and financability issues is critical for scaling energy efficiency. Property-linked finance allows decarbonization costs to be tied to the property rather than the owner, enabling smoother transitions between tenants and reducing financial barriers to technology uptake where there are still long payback periods. This model ensures that upgrades, such as insulation or efficient heating systems, can be implemented without requiring significant upfront investment from current occupants, unlocking opportunities and aligning incentives for all stakeholders.
Automation of Flexibility Benefits Automated technologies such as integrated energy management systems, smart appliances, and AI-driven flexibility tariff optimization can simplify consumer engagement and maximize energy efficiency. Wrapping these technologies into single-touch delivery models ensures adoption, streamlining the customer journey and ensuring maximum benefit for both the household and the grid, particularly for low-income and marginalized communities. In developing economies, where electrification has been growing steadily but unevenly and capacity constraints are more severe, automation can play a vital role in bridging gaps and delivering resiliency in addition to economic benefits. The path forward demands ambition, innovation, and collaboration across sectors. Energy efficiency offers a pathway to a sustainable future, delivering environmental, economic, and social benefits. While the energy transition will no doubt continue to prove demanding, by prioritizing the first fuel, we can build a world that is more resilient, equitable,and prepared for the challenges ahead.
NYE GORDON Nye Gordon is a Director in the Energy, Sustainability & Infrastructure team in Guidehouse. He advises global energy infrastructure providers on critical issues for the energy transition including energy efficiency and climate resilience. In past roles, he has advised Ofgem on how to incentivise energy efficiency improvements and support fuel poor communities. Nye also sits on an advisory panel for National Grid and Chairs the Governing Board for Cadent’s Warm Homes Network, a £2.4m fund to support fuel poor customers.
123
THE FUTURE OF ENERGY
Made with FlippingBook - Online magazine maker