The Smart Grid will use automated meters, two-way communications and advanced sensors to improve electricity efficiency and reliability.
These are capable of converting sunlight into electricity with an efficiency of 22%.
Some of the latest solar cells, for instance, can covert sunlight into electricity with an efficiency of more than 40%.
Even with the ability to convert sunlight into electricity with high efficiency using photovoltaic solar cells, many challenges prevent us from being able to power all our energy needs with solar panels.
The Isle of Wight, off the south coast in the Solent, aspires to become self-sufficient in energy over the next few decades through a combination of tidal power, a waste-to-electricity plant and efficiency savings.
And lastly, increasing the efficiency of electricity supply and demand could reduce carbon dioxide emissions by up to 10 percent.
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He has written studies on energy taxes, the oil market, electricity regulation, energy efficiency, renewable energy, sustainable development and trade and the environment.
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But taking into account electricity costs, the increased efficiency in 2015 will make them cheaper to own within a year, as opposed to three years at present.
Between 2002 and 2011, states without efficiency goals exhibited an average increase in per-capita electricity consumption of 9%, while states with efficiency goals had a per-capita increase of only 5%.
It means losing the big efficiency savings that most electricity privatisations have generated.
As far as climate benefits, supposedly it generates electricity at 50-55% conversion efficiency.
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Each year U.S. electric utilities waste tens of billions of cubic feet of natural gas on "spinning reserves, " for example, generators that are running below top efficiency so they can supply electricity on a moment's notice.
The paper also says that responsibility for renewables subsidies should remain with the UK government, as well as regulation of electricity, gas and nuclear, and energy efficiency schemes which require regulation.
In an earlier report, the Royal Academy of Engineering had mapped out the scale of the task involved in moving to a low-carbon electricity supply - with a mix of energy efficiency, renewables, nuclear and clean coal.
For a power plant, that includes its location and the efficiency with which it transforms gas into electricity.
In the case of a power plant, that includes the location of the plant and the efficiency with which it transforms gas into electricity.
The firm said the turbine would contribute to the energy efficiency of its farms and generate enough electricity to power the equivalent of 364 homes.
He avowed that IBM will continue to create solutions that help their clients increase efficiency through cloud computing services and infrastructure and electricity monitoring and analytics systems.
The three big efficiency stories--oil, gas and electricity--are all remarkable.
Although the amount of gas used to generate electricity rose 82% between 1997 and 2010, increasing efficiency in appliances that use natural gas has led to declining consumption of gas per customer over time.
On the demand side, it could promote market-led efficiency by encouraging real-time metering of all electricity use.
Prizes could be used to increase energy efficiency, cost-effectively convert solar energy to electricity, waste reduction efforts, and drive advancements on any number of environmental issues.
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There will without doubt be improvements in the efficiency of the economy - more output from less electricity through better machines or ways of doing things or better materials.
Because this infrastructure is quickly aging and the ability to produce more electricity is limited in some parts of the country, energy efficiency will undoubtedly be a key factor in addressing this growth.
The report insists that, in hand with a combination of energy efficiency and fuel-switching measures, this growth in electricity production would be enough to supplant all fossil fuel use (coal, gas and oil), including that for transport and space-heating.
With on-bill repayment, commercial property owners in California can tap third-party financing to pay for energy efficiency and renewable energy upgrades and repay the loans via monthly electricity bills.
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The Energy Star program was created to promote energy efficiency by letting consumers know which appliances, which electronics would save electricity and, therefore, would save them money over time.
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McCain also said the government should use its purchasing power to promote energy efficiency, buying fuel-efficient vehicles and retrofitting federal offices to use less electricity.
And this only builds on the work of your governor, who has endeavored to make Massachusetts a clean energy leader -- from increasing the supply of renewable electricity, to quadrupling solar capacity, to tripling the commonwealth's investment in energy efficiency, all of which helps to draw new jobs and new industries. (Applause.) That's worth applause.
There was no wind-generated electricity, and we didn't have the nation's most advanced building and appliance efficiency standards as we later adopted.
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