The idea that we might be better off foregoing energy efficiency efforts and instead use the saved money to fuel inefficient buildings, is a compelling thought. Although environmentalists would certainly have something to say about it, and it is a depressing thought for those that have strived to develop the energy efficiency sector. Recent comments from some in Brussels, to the effect of “Energy efficiency is too expensive, it will increase costs to consumers and push people into energy poverty,” have sparked a series of research reports to test this potentially game-changing theory. What is the reality? Analysis by the Regulatory Assistance Project shows that the cost of energy efficiency improvements delivered through public policies are typically around 2 cents (€) per kWh, which is well below the cost of supplied energy, which is on average more than 10 cents per kWh. Data provided by the De-risking Energy Efficiency Platform – the largest pan-EU open-source […]