Power Integrations, Inc. (Nasdaq:POWI), a leading supplier products that vastly reduce wasted energy when appliances are turned off (vampire power) should benefit from California's new stringent energy standards for appliances.
POWI's products can be used by electronics manufacturers to comply cost-effectively with the standards. The standards apply to an array of electronic products including cell phones, cordless phones, portable music players and game systems, toys, tools and many more.
"These new standards are an acknowledgement that proven, readily available technologies, such as our EcoSmart integrated circuits, are a highly cost-effective way to make power supplies more efficient," said Balu Balakrishnan, president and CEO of Power Integrations. "Our ICs enable manufacturers to meet all current and proposed energy standards worldwide, and are already being used to meet the requirements of Energy Star, the European Commission Code of Conduct, the U.S. One-Watt Executive Order, and many other regulations and standards around the world."
Ecos Consulting, an environmental consulting firm, estimates that there are at least 145 million external power supplies in service today in California, with an additional 28 million sold in the state annually. "Improving the efficiency of external power supplies offers a tremendous opportunity for energy savings," noted Chris Calwell of Ecos. "If all of the external power supplies currently in use in California were energy-efficient, California could be saving more than 360,000 tons of carbon-dioxide emissions annually, an amount equal to the annual emissions of more than 60,000 automobiles." For more information about Ecos Consulting's work on power supply efficiency, see www.efficientpowersupplies.org.