Energy Efficiency

• Situation
  • U.S. uses 75% more electricity per capita than virtually every developed economy
  • Energy costs can reach 35% of product costs in industrial processes
  • Home retrofits deliver up to 60% energy savings
  • Energy consumers demand 2-3 year paybacks on efficiency investments
  • Market imperfections (e.g., split incentives, information asymmetries)
  • $15 billion annual government subsidies of fossil fuels
• Market Opportunities
  • Aggregate market forecast to grow 7-9% (certain sub-segments growing 12% to 40%)
  • Energy-efficiency-retrofits for buildings alone offer a $279 billion investment opportunity
  • Demand for green building materials forecast to reach roughly $90 billion by 2017
  • Forecast annual growth for selected subsegments:
    • High efficiency AC in Data Centers: 13-15%
    • LED lighting: 40%
    • Green building materials: 12%
• NewWorld Investment Focus
  • Combined cooling, heating, and power (CCHP) infrastructure
  • Retrofits for commercial and residential buildings