A study recently released by the American Council for an Energy-Efficient Economy (ACEEE) examines emerging energy-efficient water heating technologies and practices as of 2011 that can save around $ 18 billion in energy consumption. The Japanese “Eco Cute” heat pump water heater is considered in the study as one of the potential applications.
According to the study, the new water heating technologies that are evaluated can result in approximately 37% energy savings in residential and commercial buildings by 2025 as water heating represents the second largest share in energy consumption after space heating and cooling. The “Eco Cute” heat pump using CO2 as working fluid is recognised by ACEEE in this study as an alternative technology that could considerably contribute to great product variability in a relatively small marketplace.
The study also estimates that nearly half of the evaluated technologies are cost effective with today’s product, installation and energy prices. By 2025, almost 70% of these technologies become cost effective.
The study reviews and examines several groups of products and services that vary not only by degree of market adoption, but also by the amount of “push” given to them by leading market transformation actors.
About the American Council for an Energy-Efficient Economy
Founded in 1980, the American Council for an Energy-Efficiency Economy is a non-profit organisation dedicated to improving energy-efficiency as a means of promoting economic prosperity, energy security and environmental protection. The organisation collaborates with the private sector, government, research institutions and other non-profit organisations on energy policy, research and communication projects.