Report Identifies Efficiency as Key Factor to Address Global Energy Demand

* Efficiency can contribute the most energy “supply” while reducing costs and greenhouse gases and increasing energy security
* Report discusses the role of investment-grade energy efficiency, consumer behaviour and technological innovation as key elements to develop an appropriate infrastructure for energy efficiency

The World Economic Forum today launched the Energy Vision Update 2010 – Towards a More Energy Efficient World report. The report explores the importance of energy efficiency to meet the world’s energy demands. Written in partnership with IHS Cambridge Energy Research Associates, the report argues that, of all the energy options available, efficiency can contribute the most energy “supply” while reducing costs and greenhouse gases and, at the same time, increasing energy security.

“Efficiency is at the core of a number of energy-related issues,” said Roberto Bocca, Senior Director, Head of Energy Industries, World Economic Forum. “Faced with multiple challenges like growing energy demand, climate change and energy security, efficiency has moved to the top of the energy agendas of both government and business.” (Click on the image to view the 3-minute video interview with Roberto Bocca)

See full Press Release.