Month: April 2018

Market Snapshot: Building Energy Efficiency

The concepts of green building and building energy efficiency seem to be everywhere, but what do they really mean, and how do they impact both our lives and the economy? The Department of Energy’s Building Technologies Office’s (BTO’s) Multi-Year Program Plan (MYPP) for Fiscal Years 2016-2020 is a helpful resource to learn about energy use in the buildings sector, new opportunities for cost-effective energy savings, the barriers to their achievement, and BTO’s strategies and goals for achieving significant reductions in building energy use intensity. According to the BTO, “We spend more than $400 billion each year to power our homes and commercial buildings, consuming approximately 74% of all electricity used in the United States, about 40% of our nation’s total energy bill. And much of this energy and money is wasted—over 30% on average. If we cut the energy use of U.S. buildings by 20%, we could save approximately $80 billion annually on energy bills and help create jobs.” Continue reading “Market Snapshot: Building Energy Efficiency”