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We promote an effective energy system that integrates modern
energy generating technologies with locally available
mechanical energy in order to create a less capital intensive,
yet efficient energy solution that can be easily integrated
with existing infrastructure and adopted by the available work
force in the Developing World.
Higher energy productivity is a win-win for developing
economies; their households and businesses. By improving
demand-side efficiency, countries can cut down fuel imports and
scale back the expansion of the energy-supply infrastructure
that will otherwise be necessary—releasing resources to spend
elsewhere. Higher efficiency would also reduce energy costs to
businesses and consumers.
Recent estimate shows that lower energy consumption would
deliver cost savings that could reach $600 billion annually by
2020 and the investment required to capture the energy
productivity opportunity among end users would be some $90
billion annually for the next 12 years; estimated to be around
half what these economies would otherwise need to spend on their
energy infrastructure.
Energy efficiency is the key to driving incremental reductions
in energy intensity. It is one of the few policies that can
offer a solution across challenges as diverse as climate change,
energy security, industrial competitiveness, human welfare and
economic development.
Access to energy is a driving force behind economic and social
development. Sustainable energy services play a more important
role in tackling poverty and achieving sustainable human
development. An efficient utilisation of energy is needed to
increase productivity of labour, especially the day to day
activities of the poor in the developing countries. |
