New data shows that the global increase in LED lighting, clean car engines and smart refrigerators has helped create an energy-saving market with an annual size of at least $310 billion.
According to a report by the International Energy Agency, more environmentally friendly products are beginning to have a huge impact on energy consumption in many countries.
In the 18 countries surveyed in the report (including the United States, Japan, South Korea, and the United Kingdom), from 2001 to 2011, terminal energy consumption decreased by 5%, mostly due to investment in energy efficiency.
But the most influential area of ​​energy efficiency improvement is the household sector. Since 2001, energy efficiency has increased and household energy consumption has fallen by 5%.
In most countries surveyed, the demand for white goods such as refrigerators and washing machines has not increased as much as before, and these appliances have become smarter in terms of electricity consumption.
The increase in the number of TVs, smartphones, personal computers and other devices has increased and consumed more energy than ever before.
But the implementation of some related policies is also helping to save energy. These policies encourage the replacement of older incandescent lamps with more energy-efficient bulbs such as energy-saving lamps and LED lights.
Scientists in Japan and the United States won the 2014 Nobel Prize in Physics for inventing LED technology this week, which allows LED lights to be found all over the world.
Another factor driving energy efficiency improvements are fuel economy standards, which cover 70% of the world's light passenger vehicle market.
According to the International Energy Agency, the wider application of these standards is expected to result in investments in this standard vehicle reaching $80 billion per year for at least the next five years, and fuel costs will be saved by $40 billion to $190 billion.
This is the second annual report of the International Energy Agency on energy efficiency initiatives and a potential effort to control carbon dioxide emissions, with scientists seeing the increase in carbon dioxide emissions as the root cause of climate change.
The latest report found that the financial market related to energy efficiency has reached 120 billion US dollars per year, and products such as corporate environmental bonds and climate finance plans are increasing.
Philippe Benoit, head of the Energy Efficiency and Environment Division of the International Energy Agency and co-author of the report, said that although total energy efficiency investments are now at least $310 billion a year, more money is needed to reduce carbon dioxide emissions. Scientists believe that the level of risk of climate change can be avoided.
He said: "We estimate that in the next 20 years, we need an average of about 600 billion US dollars of investment each year."
According to a report by the International Energy Agency, more environmentally friendly products are beginning to have a huge impact on energy consumption in many countries.
In the 18 countries surveyed in the report (including the United States, Japan, South Korea, and the United Kingdom), from 2001 to 2011, terminal energy consumption decreased by 5%, mostly due to investment in energy efficiency.
But the most influential area of ​​energy efficiency improvement is the household sector. Since 2001, energy efficiency has increased and household energy consumption has fallen by 5%.
In most countries surveyed, the demand for white goods such as refrigerators and washing machines has not increased as much as before, and these appliances have become smarter in terms of electricity consumption.
The increase in the number of TVs, smartphones, personal computers and other devices has increased and consumed more energy than ever before.
But the implementation of some related policies is also helping to save energy. These policies encourage the replacement of older incandescent lamps with more energy-efficient bulbs such as energy-saving lamps and LED lights.
Scientists in Japan and the United States won the 2014 Nobel Prize in Physics for inventing LED technology this week, which allows LED lights to be found all over the world.
Another factor driving energy efficiency improvements are fuel economy standards, which cover 70% of the world's light passenger vehicle market.
According to the International Energy Agency, the wider application of these standards is expected to result in investments in this standard vehicle reaching $80 billion per year for at least the next five years, and fuel costs will be saved by $40 billion to $190 billion.
This is the second annual report of the International Energy Agency on energy efficiency initiatives and a potential effort to control carbon dioxide emissions, with scientists seeing the increase in carbon dioxide emissions as the root cause of climate change.
The latest report found that the financial market related to energy efficiency has reached 120 billion US dollars per year, and products such as corporate environmental bonds and climate finance plans are increasing.
Philippe Benoit, head of the Energy Efficiency and Environment Division of the International Energy Agency and co-author of the report, said that although total energy efficiency investments are now at least $310 billion a year, more money is needed to reduce carbon dioxide emissions. Scientists believe that the level of risk of climate change can be avoided.
He said: "We estimate that in the next 20 years, we need an average of about 600 billion US dollars of investment each year."
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