Definition:
Using less energy to perform the same task, thereby reducing energy waste and increasing overall system efficiency.
Key Components:
- High-efficiency appliances
- Industrial energy management
- Smart grid technology
Use Cases/Industries:
- Building design and HVAC systems
- Industrial manufacturing
- Transportation sector (fuel-efficient vehicles)
Advantages:
- Reduces overall energy consumption
- Lowers operational costs
- Minimizes environmental impact
Challenges:
- High upfront costs for efficiency upgrades
- Requires behavioral and policy changes
- Dependent on technology adoption rates
Related Terms:
Sustainable Technology, Electrification, Decarbonization
Example:
LED lighting consumes 75% less energy than traditional incandescent bulbs, making it a leading energy efficiency solution.
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Synonyms:
Energy Conservation, Energy Optimization, Power Efficiency