Exercise 2. Complete the text with missing words

While conservation obviously cannot solve the nation's _________ - term energy problems __ its own, such

efforts are slowing energy __________ far more than even the most optimistic forecasts and have graduated

from the turning-down-the-thermostat phase to a second-stage effort. This is being fueled by an accelerating

capital investment in new energy-______ equipment and booming sales in ___________ conservation

products such as insulation.

Analysts are convinced that ____________ efforts have __________ for a significant part of the energy

saving. The easy steps toward ____________ energy have already been taken by the industry. But industry

is taking the harder steps by ______________ in new equipment and technology. At the same time, home

owners are investing more in such items as storm windows, insulation, and caulking. The Energy Dept.

maintains that the energy _____________ by the average home could be ____________ 60%.

Already, a conservation industry to supply the products is taking shape. At least 178 companies, for example,

are ____________ some type of computer-controlled energy management system for commercial buildings.

These systems typically slice 25% or more from energy __________ by maintaining temperatures and

lighting conditions for various work areas at different times of the day.

Nearly 1,000 "energy stores" have popped up around the country in the last couple of years, ready to provide

audits for ______________ and install energy saving products from insulation to high-___________ heating

systems. Last year home owners ____________ tax credits on an estimated $4 billion and estimates are

that such expenditures could ______________ to $30 billion a year.

Energy conservation is becoming a big ____________ for the producers of pumps, compressors, computers,

and other components of energy-efficient manufacturing equipment. Over the next five years industry could

spend as much as $60 billion retrofitting its plants with energy-efficient components. Most of that

___________ waste, burns trash as fuel, recaptures waste heat, or _______________ process steam.

One older technology getting a lot more attention these days from industry is _____________, which uses

steam twice, for heating and ______________ a turbine to _____________ electricity.

The market for _____________ is being spurred by a 1978 law that requires local utilities to buy

____________ power from industrial ______________.

Energy conservation is becoming so important to energy-____________ manufacturers that those without

ready _____________ to capital could be in trouble.

The average rate of ____________ on sales for most energy-intensive industries is only about 3.9%, leaving

little capital ______________ for new equipment and developing new processes. There are some

companies that might just not make it as a result of their inability to ___________ enough capital to do the

needed conservation work.