In industry and commerce, there are substantial opportunities to use energy more efficiently and thus reduce energy consumption. This helps to protect the climate and cuts costs for companies. Industry's economically viable potential for energy saving by the year 2020 amounts to between 20 and 40 percent of consumption.
Electrical drive systems alone account for around two-thirds of industry's electricity consumption. The use of electronic speed regulators could cut consumption by 15 percent, thereby saving more than 4000 megawatts – equivalent to the output of three to four large power stations. This potential must be exploited to the full.
Germany is already the world leader in renewables growth, and we are almost on a par with Japan when it comes to energy efficiency. But we could still do better: we want to become the world champion in energy efficiency.