Florida Power & Light Company partners with PetroQuest Energy to develop natural gas production wells in southeastern Oklahoma; First Solar receives financing approval to build a 141-MW solar...
The most economical energy savings might be found in grid efficiency.
These industry demonstrations are intended to increase awareness, identify technology options, develop comprehensive measurement and verification protocols and validate the potential savings, which might lead to valuation of efficiency improvements in power delivery.
The bottom line is that the industry needs to look at all opportunities to use electricity more efficiently. There’s significant opportunity to improve energy efficiency of the electricity sector including the transmission and distribution system. And in order to unlock the potential, we need enabling technologies, industry demonstrations and supporting regulatory framework to achieve the full potential for power delivery efficiency that can help to realize a lower-carbon future.