UK Declared 5th Most Energy Efficient in the World
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.