14 June 2007 02:04 [Source: ICIS news]
WASHINGTON (ICIS news)--The US Department of Energy (DoE) has identified ways for the country to save more than 50,000bn Btu/year, Energy Secretary Samuel Bodman said on Wednesday.
DoE teams have identified potential home and industry energy savings equivalent to the natural gas used in 700,000 American homes, Bodman said at the 18th Annual Energy Efficiency Forum.
“While this sounds like a lot of energy, and it certainly is meaningful, it only represents 0.1% of our nation’s annual energy usage,” Bodman said.
Natural gas is a key feedstock for the ?xml:namespace>
DoE teams have worked with about 200 of the most energy-intensive
Those cuts would yield an average annual savings of $2.5m (€1.9m)/plant, Bodman said.
Bodman also announced the DoE would make $40m in funding available during the next five years to fund research into ways to save energy in new residential housing.
($1 = €0.75)
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