UK Declared 5th Most Energy Efficient in the World
Posted on Aug 2, 2016
Energy Efficient Countries
The UK has been declared the fifth most energy efficient country in the world! It is refreshing to receive such positive news this week in comparison to recent news stories flooding the headlines.
ACEEE also known as American Council for an Energy Efficient Economy created a report ranking 23 countries, 75% of all energy consumption is represented in these 23 countries.
The report evaluated the energy efficiency in multiple sectors involving transportation, building and industry also, the national efforts calculated to control energy use.
The UK received the honour of 5th place due to the changes such as abandoning the Green Deal, a 20% cut to future spending and a 33% cut to the countries energy efficiency obligations target.
The report displayed that the nation has strong policies to improve fuel economy and advance vehicle technologies, much more can be done to help improve the overall efficiency of the freight and passenger transport systems.
Germany, unsurprisingly won first place with Italy and Japan not far behind. Brazil, Saudi Arabia and South Africa ranked at the bottom of the list.
Steven Nadel, the Executive Director at ACEEE spoke about how energy efficiency is underutilised throughout Governments, he said:
“Energy efficiency is often the lowest cost means of meeting new demand for energy. Governments that encourage investment in energy efficiency and implement supporting policies save citizens money, reduce dependence on energy imports and reduce pollution. Yet energy efficiency remains massively underutilised globally despite its proven multiple benefits and its potential to become the single largest resource to meet growing energy demand worldwide.”
More than £43 billion has been invested in the energy industry in the UK. Resulting in 54, 000 jobs being implemented into the economy.
A £200 billion investment plan is in place to improve the energy industry in the UK by 2020. This will involve closing down old power stations, an upgrade of the powerlines which fuel our homes and also an improvement must be made regarding the use of low carbon energy.
D-ENERGi have started to roll out smart meters to its valuable portfolio of customers. By the end of 2020, around 50 million smart meters will be fitted in over 26 million households across Wales, Scotland and England. This is the biggest national infrastructure project of our lifetimes. D-ENERGi are planning to switch all of its customers to smart metering by end of September 2015. This is a whopping 5 years ahead of any of the big six are expected to complete their national rollout of smart meters.
Fossil fuels as we most commonly know them are coal, oil and natural gas. Oil and natural gas are namely known for being located in underground reservoirs but they can also be found in other locations such as shale gas and tar sands. Previously these were considered to be too costly to excavate and make them commercially viable, it is only thanks to the advancements made over the last ten years in drilling technology that these can now be accessed and sold at a profit.
As with many countries Britain is a source of shale gas but this is an as yet untapped resource and yet one that is understandably becoming more and more appealing to businesses and the government. The North Sea oil rig is one of the main contributors to the British Economy and quite often the economy rises and falls with the output of these oil fields; the economy shrank by 0.3% in the final quarter of 2012 because of declining gas and oil output.
“Shale gas could be a new North Sea for Britain, creating tens of thousands of jobs, supporting our manufacturers and reducing gas imports.”
The above statement was made by Corin Taylor, Senior Economic Adviser and author of a new report from the IoD regarding the potential impact of frakking for shale gas on the British economy. Such statements will undoubtedly incite excitement in a government that is looking for an immediate solution to their fiscal woes.
The report cited government figures that estimate 76% of the UK’s gas would be imported by 2030 the cost of which would be around £15.6bn. per year. However, according to this report, if shale gas were to be aggressively pursued gas imports would be reduced to around 37% by 2030 at a total cost of around £7.5bn. per year.
The above figures are clearly an encouraging incentive and shale gas has been somewhat of a revolutionary natural resource in countries that have found themselves with an abundance of it. The two most hotly discussed examples can be found in Northern America. The USA is hoping to be nearly entirely self sufficient regarding energy thanks to their vast reserves of shale gas and Canada is looking for a major boom to it’s economy thanks to their recently discovered tar sands, also known as oil sands. However, what on the surface appears to be the answer to all our looming fears over the future of global energy production could potentially force climate change into an irreversible state.
The process by which shale gas is extracted is called ‘frakking’ and involves drilling a well to the depth at which the shale rock sits and then blasting the rock with water and chemicals. As the water and chemicals produce fissures in the rock natural gas is released and can subsequently be siphoned off and used as energy. One of the most commonly cited issues with frakking is that the chemicals used in the process can contaminate local water suppliers as only 50-70% of surplus water is recovered. However, these figures are regularly disputed and though there are examples of this, such as in Pennsylvania as outlined in this study, they appear to be isolated incidents and are yet to be corroborated by other communities located near frakking sites.
There are obvious benefits to excavating the shale gas resources, the economic boost alone is incredibly appealing, but surely this can only be seen as a desperate attempt to hold onto a system that will ultimately fail us. These resources can only ever be finite, and whilst they are available to be used their use will ultimately push climate change to such a degree that there is no stopping it and certainly no returning from it. We should see the dwindling supply of fossil fuels as a reason to pursue something new, to invest in renewable energy solutions that could potentially reverse the devastating impact that carbon emissions have had.