1a.Smith, M (2015) Doubling Energy & Resource Productivity by 2030 - Transitioning to a Low Carbon Future through Sustainable Energy and Resource Management (Game Changing Report)
In July of 2014 the Australian Alliance to Save Energy commenced the Australian Energy Productivity (2xEP) Roadmap initiative with the support of governments, businesses, industry associations and thought leaders from a range of institutions.
Energy productivity is a stated policy priority for Commonwealth and State governments. Improving energy productivity is about increasing the economic value added per dollar of energy spend. In a period of rapidly increasing energy prices in Australia, a holistic approach to energy productivity can make a major contribution to Australia’s overall productivity and hence competitiveness.
Energy productivity utilises a wide range of strategies to both increase economic output and reduce the relative demand for energy per dollar output. It is not energy efficiency by another name. Traditional energy management, which generally focuses on using less energy to deliver the same service, is only one of three strategies to enhance the returns from energy used.
This report provides an introduction to the rationale for making a significant improvement in the economic value created from the energy consumed in Australia, as well as the determinants of energy productivity. It also demonstrates the multiple dividends from investing in energy productivity, as well as discusses potential metrics, and provides an initial estimate of the scale of the step change in performance required to double energy productivity by 2030.