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IEA champions efficiency as new fuel source

The International Energy Agency (IEA) is championing energy efficiency as a major new fuel with huge potential to cut carbon emissions, as well as pollution, whilst providing cost effective energy security, writes Damon Evans

“Simply put the cleanest megawatt hour will be the one we never need and the most secure barrel of oil the one we never burn,” Maria van der Hoeven, executive director of the IEA said at WEC 2013. “Energy efficiency has been called a 'hidden fuel', yet it is hiding in plain sight,” she added. Energy efficiency markets deliver goods and services that reduce the energy needed to fuel our economies. “Indeed, the degree of global investment in energy efficiency and the resulting energy savings are so massive that they beg the following question: is energy efficiency not just a hidden fuel but rather the world’s first fuel?” said van der Hoeven. From 2005 to 2010, energy efficiency measures sav

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