Report outlines economic savings of energy efficiency in Ohio

Posted on March 25, 2009
Filed Under Energy Management | Leave a Comment

Columbus, OH (March 25, 2009) – Ohio could save over $19 billion by using energy efficiency strategies that are available right now, says a study released today by the American Council for an Energy-Efficient Economy (ACEEE), an independent, Washington, D.C. nonprofit research group.

Ohio could also create more than 32,000 net new jobs by 2025, including well-paying trade and professional jobs needed to design, install, and operate energy efficiency measures.

In total, the direct and indirect jobs created would be equivalent to nearly 250 new manufacturing plants relocating to Ohio, but without the demand for infrastructure and other energy needs, the study says. Investments in energy efficiency policies and programs have the added benefit of creating new, high-quality “green-collar” jobs in Ohio and increasing both wages and Gross State Product (GSP).

The study, Shaping Ohio’s Energy Future: Energy Efficiency Works, was conducted by ACEEE researchers with support from a team of national experts in energy use. The 183-page report outlines policies to reduce electricity demand through improved energy efficiency, combined heat and power, and demand-response recommendations that reduce peak demand. The energy efficiency policies would reduce peak demand by 18% by 2025, while the demand response savings policies would reduce conventionally generated electricity by an additional 11%, for a total reduction of 29%.

The report includes a summary of past experience with energy efficiency programs in Ohio’s electricity sector, a discussion of the key issues that must be addressed in shaping a new set of electricity policies on energy efficiency, and detailed recommendations.

The report is based on ACEEE’s nearly 30 years of experience working with many other states across the U.S. on similar issues, and reflects the organization’s experience with evaluating program “best practices” from around the country.

Click here for link to free pdf download (minor registration log-in required, if new user): Shaping Ohio’s Energy Future: Energy Efficiency Works

A hard copy can also be purchased for $60 plus $5 postage and handling from ACEEE Publications, 529 14th St, N.W., Suite 600, Washington, D.C. 20045, phone: 202-507-4000, fax: 202-429-2248. You can contact ACEEE, using the e-mail address below.

E-mail:aceee_publications@aceee.org

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