|[June 24, 2014]
EU must abandon voluntary approach to energy efficiency if it wants to cut reliance on Russian gas say 1E and E3G
LONDON --(Business Wire)--
Europe must abandon its current voluntary approach to energy efficiency
if it is to succeed in reducing its heavy energy import reliance whilst
also cutting emissions, warns Sumir Karayi, CEO of 1E and board member
of the European Alliance to Save Energy. Karayi's warning comes as EU
leaders prepare to meet in Brussels this week to debate Europe's new
energy security strategy and climate goals for 2030.
1E, founded by Karayi in 1997 with £500 in start up funds, pioneered PC
power management with the launch of its NightWatchman tool. To date, its
technology has prevented 12.4 million tons of CO2 emissions
and saved more than $1.4 billion in energy costs, for organizations
including Arup, Aviva, Kiwi (News - Alert) Bank, the US Department of State and Parker.
The UK operation of Lloyds Banking Group alone has saved significant
costs by automating the process of shutting down and putting to sleep
PCs using the 1E NightWatchman PC power management tool. Lloyd's drive
towards power saving won a Computer Weekly European User Award for
Enterprise Software this month, recognizing the significant impact that
energy efficiency technology has made in removing millions of pounds in
Despite these impressive results, the company finds poor awareness of
energy saving among businesses. The EU spends over €1 billion every day
on energy imports, but has only a non-binding efficiency goal for 2020,
which it is due to miss by an amount of energy equal to twice the annual
consumption of Austria.
Sumir Karayi, CEO of 1E, comments: "EU companies are failing to invest
in making energy savings in the absence of clear leadership from
Governments on efficiency. Setting a 40% energy svings target for 2030
would help to stimulate demand and drive investment in the low carbon
technologies that will deliver the EU's climate and energy security
aims. We have clear evidence that technology can deliver impressive CO2
savings so the potential to remove billions in energy costs from EU
businesses is huge."
The call to action from Karayi is supported by E3G, a fellow member of
the European Alliance to Save Energy (EUASE).
Nick Mabey, CEO of E3G and vice chairman of EUASE, comments: "The EU is
searching for answers to its energy security problems and gas import
dependency must be cut. A 40% final energy saving target, combined with
a new suite of measures to unlock demand, could remove dependency on
Russian gas imports entirely in the next decade. The EU must create a
positive investment climate for innovative companies like 1E who are
developing the technologies that offer a fast route to cutting EU energy
demand and emissions while also saving businesses money. The European
Council must make demand reduction its first priority."
- Ends -
NOTES TO EDITORS
E3G and 1E are members of the European
Alliance to Save Energy (EUASE), which promotes energy efficiency to
achieve a healthier economy, a cleaner environment, and greater energy
1E is changing the world of IT and empowering organizations to run IT
for less. Its suite of disruptive IT operations management tools saves
billions, solves problems and simplifies the management of large,
complex IT environments - in record time. Designed with a singular focus
to help drive down costs, 1E's solutions include tools for IT asset
management, Windows systems management and BYOPC.
1E's solutions have helped more than 1,700 organisations in 42 countries
save a total of $2.5 billion in IT costs and created heroes out of
countless IT executives who have delivered proven value to their
organizations since deployment. For more information, visit: www.1e.com
E3G is an independent, non-profit organisation operating in the public
interest to accelerate the global transition to sustainable development.
E3G builds cross-sector coalitions to achieve carefully defined
outcomes, chosen for their capacity to leverage change.
E3G works closely with like-minded partners in government, politics,
civil society, science, the media, public interest foundations and
For more information, visit: http://www.e3g.org
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