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20 Energy Industry Statistics That You Can Use Today

February 11, 2016 / by Max Dworkin

Explaining the intricacies of the energy industry, or trying to understand the future of energy services in the U.S. and beyond can be challenging. But every conversation is made clearer with the use of concrete data. The following energy statistics were culled from a deep library of energy industry studies, assessments, and projections.

The Outlook for Energy: a View to 2040

1. The CO2 intensity of the global economy will be cut in half by 2040. Tweet This


2. From 2014 to 2040, global demand for energy will rise by 25%.  Tweet This


3. In 2040, oil and natural gas will be nearly 60% of global supply while nuclear and renewables will be approaching 25%. Tweet This.


4. By 2040, up to 65% of the world’s citizens will live in cities, up from 55% in 2014. Tweet This


5. By 2040, the generation of electricity is expected to account for 40 percent of all the energy used in the world. Tweet This

 

Mapping the Gap: a Road from Paris

6. A world working to achieve the goals of the Paris Climate Agreement – to limit temperature change to 2oC or below – will see investment in new renewable power generation increase 75% above business-as-usual. Tweet This

 

Energy Manager Today

7. Energy costs could quadruple from $1 billion last year to $4 billion per year by the end of the decade – in North America alone. Tweet This


8. The cable industry believes that it can achieve cost avoidance of $1 billion per year by the end of the decade while maintaining or even improving feature parity. The intent is to do this by driving down grid dependency by 10%, cutting power consumption by 20% on a per unit basis, reducing energy costs by 25% on a unit basis and optimizing technical facilities and datacenter footprints by 20%. Tweet This


9. Global spending by telecommunications companies on distributed generation and energy storage will grow from $2.4 billion this year to $3.4 billion in 2024. Tweet This

 

McKinsey & Company

10. Operational improvements can reduce energy consumption by 10 percent to 20 percent. Tweet This

 

11. Global manufacturing – which the research says accounts for half of all global energy use – could save $600 billion annually by implementing innovative technologies. Tweet This

Association of Energy Engineers®  2015 Market Trends Survey

12. 70% of companies are considering installing renewable technologies at their facilities with 63% most likely to install photovoltaics. Tweet This

National Grid US: Managing Energy Costs in Office Buildings

13. In a typical office building, lighting, heating, and cooling represent between 54 and 71 percent of total use. Tweet This


14. Continuously monitoring a building’s energy systems can lead to reductions of 10 to 15 percent in annual energy bills. For the typical 50,000-square-foot office building, that’s equal to about $11,000 in savings per year. Tweet This


15. Americans purchased about 320 million ENERGY STAR certified products in 2014 across more than 70 product categories for a cumulative total of more than 5.2 billion products since 1993. Tweet This


16. 30% of energy in buildings is used inefficiently or unnecessarily. Tweet This


17. Because of the ENERGY STAR program, nearly 35 million MtCO2e greenhouse gas emissions have been prevented. Tweet This

CBEA Annual Report

18. $1 billion in energy savings if all 10 to 20 ton commercial RTUs are replaced with units built to the RTU Challenge specification. Tweet This.


19. 40% achievable savings on energy bills for parking structures utilizing the specifications developed by the Lighting and Electrical Project Team. Tweet This


20. $245,000 yearly savings from retrofitting light fixtures with new lighting technology at Alliance member Gundersen Lutheran Health System. Tweet This. 


5 Shortcuts to Customer Commitment

Topics: energy costs, energy partners

Max Dworkin

Written by Max Dworkin

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