What will drive building investments in energy efficiency over the next 10 years? To find out, Lawrence Berkeley National Laboratory researchers reviewed academic literature, analyzed recent state actions on demand-side management, and interviewed and surveyed experts throughout the country.
A slide-deck report, Future of Energy Efficiency in Buildings: Drivers and Market Expectations summarizes identified drivers and insights about likely future attributes of building efficiency markets. The report is geared toward policy makers, utility regulators, utilities, the energy efficiency industry, and other stakeholders.
Berkeley Lab researchers found that the most important drivers for efficiency investments in buildings are (1) public policies and regulations, particularly related to decarbonization, and (2) the cost of energy, relative to the cost of energy efficiency. Other important drivers are efficiency technologies, economic conditions, societal priorities, and business practices of utilities and other efficiency service providers.
Among predictions in the report for the next 10 years: