Energy Efficiency as development driver Efficienza Energetica driver di sviluppo

Energy Efficiency as development driver

Energy Efficiency and its impact on economy, environment and employment. In such a difficult period for economy, investing in the Energy Efficiency can bring  to the whole Country, besides the advantage of immediately visible cost savings, a wide range of benefits.

According to a recent study published by the Polytechnic of Milan, in a scenario of moderate development of technologies for energy efficiency, in 2020 we would achieve  savings in annual run-rate of 195 TWh of energy and 50 Mt of CO2.

We also would record a total turnover of 352 billion Euros, about € 44 billion a year, and this would, of course, have major implications for employment for a total of 2.4 million AWU, resulting in a total number of new jobs between 103,000 and 206,000 units .

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When we consider a scenario of optimum development of technologies for energy efficiency, to 2020 we would achieve savings in annual run-rate of 288 TWh of energy and 72 Mt of CO2, with a total turnover of 511 billion Euros, about 64 billion Euros per year, and this would impact on employment rate with a total number of new jobs between 155,000 and 310,000 units .

Crucially, however, the balance of political support for energy efficiency taking into account the industrial supply chains and, where possible, their local content, in order to maximize the impact on employment for the Country and do not address them elsewhere, as it has   already seen for some renewable sources.

It is also advisable at the same time the introduction of industrial development policies targeted to activities with higher “value added” for the sectors involved , to ensure the long-term consequences of the actions of support for energy efficiency .

The photovoltaic market, for example, in 2012 gave a total turnover of 6.2 billion Euros and Italian companies have recorded a total turnover of 2.69 billion Euros (43% of the total).

When we look in detail at the distribution of turnover of the various parts of the supply chain, we can see that the economic impact of the enormous amount of installations driven by the energy accounts has therefore poured in large part on foreign firms, mainly present in the supply chain to high added value, while our Country will benefit most of the profits generated from operations.

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A second aspect to consider is the professionals involved : with the development of PV have been trained in Italy for the most professional technicians, losing the opportunity to form research strength, which is essential to ride the development of new technologies or new technological paradigms such as as energy efficiency.

Finally, the figures seem to show that Italy has the credentials to bet without hesitation on energy efficiency, to ensure its sustainable development and the financial and employment positive. Energy efficiency can also be a springboard to develop, from a long-term strategic, industrial supply chains that can represent the backbone of the country in a future medium to long term .

Source: State and perspectives of energy efficiency in Italy – Report October 2013 – Politecnico di Milano