IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v17y2024i17p4390-d1469649.html
   My bibliography  Save this article

Unlocking Energy Efficiency: Debunking Myths on the Road to Decarbonization

Author

Listed:
  • Paulomi Nandy

    (Oak Ridge National Laboratory, 1 Bethel Valley Rd, Oak Ridge, TN 37830, USA)

  • Wei Guo

    (Oak Ridge National Laboratory, 1 Bethel Valley Rd, Oak Ridge, TN 37830, USA)

  • Thomas Wenning

    (Oak Ridge National Laboratory, 1 Bethel Valley Rd, Oak Ridge, TN 37830, USA)

Abstract

Energy efficiency is widely recognized as the foundational and most critical strategy for decarbonizing the manufacturing sector. Misconceptions surrounding energy efficiency measures often hinder their widespread adoption. This article aims to debunk five common myths and provides data and resources to help implement efficiency projects faster and more effectively to achieve greater decarbonization. First, the article challenges the myth that organizations have exhausted all possible energy efficiency opportunities by achieving voluntary energy intensity goals or energy performance certification. Second, it also addresses the misconceptions that efficiency projects are capital-intensive, require many qualified specialists, and have long investment return periods. By presenting real-world case studies and referencing commonly found efficiency opportunities, the article illustrates that energy-savings opportunities are ubiquitous. Organizations can use various contracting mechanisms as well as financial and technical resources from utility companies and government programs to lessen their burden. The notion that efficiency measures can be implemented solely in proprietorship facilities is dispelled. This article emphasizes the importance of green leases and explains that aligning decarbonization goals between the lessor and lessee can help drive savings for both parties. Finally, using unbundled renewable energy certificates as the sole pathway to decarbonization is strongly discouraged. By debunking these prevalent myths, this article aims to foster a deeper understanding of energy efficiency’s potential as a cornerstone of decarbonization efforts and to embrace it as a critical pathway toward a sustainable future.

Suggested Citation

  • Paulomi Nandy & Wei Guo & Thomas Wenning, 2024. "Unlocking Energy Efficiency: Debunking Myths on the Road to Decarbonization," Energies, MDPI, vol. 17(17), pages 1-16, September.
  • Handle: RePEc:gam:jeners:v:17:y:2024:i:17:p:4390-:d:1469649
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/17/17/4390/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/17/17/4390/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Senthil Sundaramoorthy & Dipti Kamath & Sachin Nimbalkar & Christopher Price & Thomas Wenning & Joseph Cresko, 2023. "Energy Efficiency as a Foundational Technology Pillar for Industrial Decarbonization," Sustainability, MDPI, vol. 15(12), pages 1-24, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shuxin Liu & Jing Xu & Chaojian Xing & Yang Liu & Ersheng Tian & Jia Cui & Junzhu Wei, 2023. "Study on Dynamic Pricing Strategy for Industrial Power Users Considering Demand Response Differences in Master–Slave Game," Sustainability, MDPI, vol. 15(16), pages 1-21, August.
    2. Kalie Miera & Alex Botts & Paul Lemar & Dipti Kamath & Thomas Wenning, 2024. "Unlocking Manufacturing Sustainability: Energy Efficiency Opportunities through the US Department of Energy’s Better Plants Program Energy Treasure Hunts (2023–2024)," Sustainability, MDPI, vol. 16(18), pages 1-18, September.
    3. Hon Chung Lau & Steve C. Tsai, 2023. "Global Decarbonization: Current Status and What It Will Take to Achieve Net Zero by 2050," Energies, MDPI, vol. 16(23), pages 1-24, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:17:y:2024:i:17:p:4390-:d:1469649. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.