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What would be the average cost per megawatt-hour gained from energy efficiency improvements? In average, how much is spent to save 1MWh?
What would be the average cost per megawatt-hour gained from energy efficiency improvements? In average, how much is spent to save 1MWh?
Expert Solution
The average cost per megawatt hour gained from energy efficiency improvement is around $195 according to Mckinsey report. It looks at net present value which shows the improvement in industrial, residential etc. According to Mckinsey report, the estimate require that $195 spent to save 1 MWH.
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