Energy constraints driving energy efficiency globallyFierce Energy, July 25, 2014
Globally, residential and commercial buildings account for 35 to 40 percent of total final energy consumption. As the global economy becomes increasingly more constrained by energy cost and availability — as well as energy-related environmental regulations — many countries are looking to identify measures to address energy demand issues.
The increasing deployment of energy efficiency retrofits for commercial and public buildings provides an important pathway for increasing energy security, decreasing energy demand, as well as demand for new energy production and distribution facilities, and reducing GHG emissions, according to Navigant Research. Energy efficiency retrofits can also be used by commercial building owners and tenants to support greening efforts.