Accelerate efficiency: Meeting rising demand with smarter energy
With energy uncertainty biting and the roll out of new data centres expected to vastly increase energy demand by 2030, more than 100 leading international companies are mitigating this cost shock through their energy efficiency investments.
As the world faces its second sharp energy price spike this decade, this report uncovers how Smart Energy Coalition members are benefiting from millions in saved energy costs.
Report key findings
- Smart Energy Coalition Members are reporting US$183 million in saved energy costs last year thanks to energy efficiency improvements at their sites.
- Last year, members collectively cut 60 million metric tonnes of CO₂e, equivalent to the electricity consumed by 12.5 million homes in the US.
- Our members also achieved an average 8.6% annual energy efficiency improvement last year – far surpassing average global energy efficiency progress of 1-2% per year.
Download 'Accelerate efficiency: Meeting rising demand with smarter energy' here.
This Smart Energy Coalition progress and insights report details how our members have saved 1,560 TWh of energy to date by working more efficiently, which is more than the total annual electricity use of Japan and the Republic of Korea in 2024. This adds up to US$1.7 billion in total cost savings to date by Smart Energy Coalition members.
Energy security is now front of mind for governments and businesses around the world. Those investing in energy efficiency are cutting costs and protecting themselves against volatile price spikes. To drive further progress, policymakers must work with ambitious companies, like those in the Smart Energy Coalition, to incentivise deep energy efficiency improvements.
Helen Clarkson, CEO, Climate Group
This year's report demonstrates how companies in our network are not only slashing emissions and costs but also helping to stabilise energy systems stretched by rising demand from new digital infrastructure.
This moment calls for both urgency and foresight. Resource efficiency must become a non-negotiable principle of data centre operations, and we must plan for data centres to serve as essential partners in a flexible, efficient, and resilient energy system.
Sara Vad Sørensen, VP, Head of Public Affairs, Danfoss
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