Energy Conservation can be divided into two types: Market driven energy conservation and Socially driven energy conservation.

Currently, worldwide, market forces of supply and demand establish prices that are set based on the scarcity of energy. The industrial sector that is the largest part of energy consumption has a highly optomized and constrained system for ensuring that energy usage is balanced against the investment costs needed to reduce energy consumption.

These market forces are socially adjusted by goverernmental regulations and taxes, producing an imbalance that drives investment. Opinions vary on the adverse consequences that this imposes on society's ability to provide basic needs including food preservation, heating and cooling.

A secondary and positive affect to regulation is the forced investment into innovation that produces engineered solutions that would not otherwise be available to the market. One example is the establishment of minimum performance requirements on air conditioning systems that made new technology available with the benefit of economy of scale, resulting in cost benefits for more efficient and expensive products. Thus the impact of the price increases are mitigated.

Investment in computer controls and AI to manage automated energy use can have extreme savings as is seen at computer server farms where AI is trained to reduce consumption without significantly affecting compute performance.

In general, forced energy conservation results in an imbalanced, less efficient economy when other Sustainable goal are considered, including the need for food preservation, life sustaining heating in frozen climates and the need to provide safe drinking water in arid climates.

Dr Richard DeVos thank you for your contribution to the discussion

Energy conservation refers to efforts taken to reduce energy consumption in order to preserve resources for the future use and to reduce environmental pollution. Energy conservation is a crucial process in that everyone should take part. Making efforts to save energy helps protect the natural environment. It cuts down greenhouse gas emissions, which slows down global warming. It also saves money by reducing electricity usage. Energy conservation is the effort to reduce wasteful energy consumption by using fewer energy services. This can be done by using energy more effectively or changing one's behavior to use less service. Energy conservation is a key part of this goal. A large portion of the world's energy is consumed by industries. Adopting energy-efficient technologies and practices can significantly reduce the energy demand of these industries, leading to more sustainable production patterns. The principle of physics states that the energy of interacting bodies or particles in a closed system remains constant. Kinetic energy, or energy of motion, was the first type of energy to be identified. Conservation of energy, principle of physics according to which the energy of interacting bodies or particles in a closed system remains constant and first kind of energy to be recognized was kinetic energy, or energy of motion. Conservation of energy is an action made to decrease energy consumption by any means. This can be done by using less energy. It is important for saving our natural resources. India's other ambitious reforms include the decision to open the national oil and gas markets and allow private-sector investments in coal mining. These steps are vital from the point of view of energy security and attaining energy efficiency. The total energy of an isolated system is constant. Energy is neither created nor destroyed; it can only be transformed from one form to another or transferred from one system to another.Conservation of energy does not mean saving energy. Instead, the law of conservation of energy says that energy is neither created nor destroyed. When people use energy, it doesn't disappear. Energy changes from one form of energy into another form of energy. The goal with energy conservation techniques is to reduce demand, protect and replenish supplies, develop and use alternative energy sources, and to clean up the damage from the prior energy processes. Energy efficiency means to use less energy to perform the same task. Basically to eliminate energy waste and energy conservation is to not use energy. As, turning lights off in an unused room is energy conservation while switching to more energy efficient lights such as LEDs is energy efficiency. Energy efficiency generally pertains to the technical performance of energy conversion and consuming devices and building materials. Energy conservation generally includes actions to reduce the amount of energy end use. Energy transfer is the movement of energy from one location to another. Energy transformation is the changing of energy from one type of energy to another. Energy conservation means that the total amount of energy always remains the same. Energy conservation is the process of saving energy by reducing energy use and waste, Energy efficiency is the percentage of energy put into a system that does useful work.