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Policy report
Jun 2026
Multiple Benefits of Energy Efficiency for Business The business value of energy efficiency
Energy efficiency is often described as the “first fuel” because the cheapest and most secure energy is the energy that is not used. For businesses, this begins with a straightforward benefit: lower energy bills. In many cases, efficiency investments can pay back quickly through reduced energy costs alone, improving margins and reducing exposure to price volatility.However, the value of energy efficiency extends beyond energy savings. By improving how equipment, buildings and processes operate, efficiency measures deliver wide-ranging benefits that strengthen business competitiveness across several dimensions: Operational benefits Efficient and electrified equipment operates more reliably and with less stress…
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Contributor
Laura Cozzi
Director, Sustainability, Technology and Outlooks. Laura Cozzi was appointed the International Energy Agency’s Director of Sustainability, Technology and Outlooks in 2023. She leads and co-ordinates the IEA’s work on energy sustainability, encompassing energy technology policy and climate change. She is also the Agency’s Chief Energy Modeller, and in this capacity co-leads the World Energy Outlook, the IEA’s flagship publication series.Ms Cozzi joined the IEA in 1999 as a junior analyst in the World Energy Outlook team. She has co-led many editions of the Outlook and led multiple special reports. Prior to joining the IEA, Ms Cozzi worked for the Italian energy company ENI S.p.A. She holds a Master’s degree in Environmental Engineering from the Polytechnic University of Milan and a Master’s degree in Energy and Environmental Economics from Eni Corporate University.Ms Cozzi was awarded an Order of Merit of the Italian Republic (Cavaliere dell’ordine al merito della repubblica italiana) i...
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