The Worldwide cooperation platform Known as The Energy Efficiency Hub is aimed at providing the social, economic, and environmental advantages of more efficient energy consumption, was unveiled on December 1st at an event held by the International Energy Agency in Paris.
Australia, Brazil, Canada, China, Argentina, Denmark, the European Commission, France, Germany, Japan, Korea, Luxembourg, Russia, Saudi Arabia, the U.k, and the U.s. are the Hub’s inaugural 16 members.
The Hub intends to encourage government-to-government contacts on efficiency policy, legislation, and implementation, with an emphasis on subjects relevant to its members’ real-world concerns. As areas of collaboration, the inaugural ceremony highlighted digitisation, efficient equipment and appliance deployment, top energy efficiency technology, and energy management best practices.
“Hub Members span the world, from East to West and North to South, accounting for more than 60% of energy usage and CO2 emissions,” said Ulrich Benterbusch, Deputy Director General of the German Federal Ministry of Economic Affairs and Energy, who will chair the Hub’s Steering Committee.
“In reality, each Member has tremendous successes in energy efficiency and recognizes the need of working together on it,” he continued. “Meeting global issues needs all countries to perform better, and the Hub will try to share its work more broadly and learn from others, working in collaboration with other international organizations.”
The Hub’s introduction comes on the heels of the IEA’s annual market analysis on the issue, Energy Efficiency 2021, which revealed that, while global energy efficiency improvements are returning to pre-pandemic levels, they are still far short of what is required to achieve net zero emissions by 2050.
“I consider energy efficiency to be the very first fuel,” said Fatih Birol, Executive Director of the International Energy Agency. “It is critical to address climate change and make our energy supply more secure while still leaving money in our pockets.” “I am delighted to see nations collaborating as part of the Energy Efficiency Hub to boost work in this crucial issue.”
“Being situated at the IEA will allow the Hub to efficiently collaborate with IEA specialists as well as the other significant programs and activities we host, like the Clean Energy Ministerial,” Dr. Birol stated. “The Hub’s debut is a clear and welcome indicator that global momentum is rising toward greater energy efficiency action.”
“Governments need to work significantly harder if they are to achieve the full promise of energy efficiency and place their energy systems on a road towards net zero,” said Brian Motherway, the IEA’s Head of Energy Efficiency. The Hub is a vital tool for nations to learn from one another and collaborate to improve their efficiency programs.”