Semiconductors are a foundation of modern computers, information technology, and communications products, and our products are also ubiquitous in advanced manufacturing processes, transportation systems, health care devices, building controls, energy generation equipment, and other sectors of the economy. As a result, semiconductors are a key enabling technology to improve energy efficiency and reduce energy consumption throughout the economy. In short, semiconductors are a key part to addressing global climate change while also advancing economic growth.
According to a study by the American Council for an Energy Efficient Economy (ACEEE), the adoption of semiconductor-enabled technologies has resulted in significant energy savings throughout the economy. Moreover, the study found that if new policies accelerated adoption of these technologies by just one percentage point per year, electricity demand in 2030 could be 1.2 trillion kilowatt-hours (kWh) lower than the Department of Energy’s reference case, a scenario that had already assumed substantial savings from implementation of semiconductor enabled efficiency applications compared to “frozen efficiency” case that posited continued reliance on today’s technologies.