Study: Energy Consumption to Drop 5 to 15 Percent by 2020
September 27, 2011 11:57 AM
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The conclusions come from a survey of 50 government, academic and industry experts
It's common to walk into stores and see certain appliances with the Energy Star label, meaning these refrigerators and washing machines are energy efficient. Efforts such as this are made to reduce our
, and while the International Energy Outlook 2011 report from the U.S. Energy Information Administration predicts that worldwide energy will increase 53 percent by 2035, two economists say otherwise.
According to a paper written by economists Ahmad Faruqui and Doug Mitarotonda, who work for consulting firm The Brattle Group, the consumption of electricity will decrease 5 to 15 percent by 2020. The conclusions come from a survey of 50 government, academic and industry experts, according to
Faruqui and Mitarotonda say that the drop will occur due to Energy Star appliances, less usage of incandescent light bulbs, incentives that encourage users not to consume as much energy during peak hours (such as tiered pricing and
smart meter technology
), and other programs that raise awareness of people's energy consumption.
"The survey results clearly repudiate the notion that the age of energy efficiency has come to an end," wrote Faruqui and Mitarotonda in the paper. "On the contrary, they herald a new beginning for energy efficiency."
Faruqui and Mitarotonda referred to this age of energy efficiency as integrated demand-side management, or iDSM. This era, according to the economists, encompasses the above-mentioned practices taking place to lessen energy use.
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RE: In other news...
9/28/2011 10:46:35 AM
Energy costs are expected to increase by 50-150% by 2020.
Do you have a reference for this prediction? Have you seen the cost of solar panels recently? Here is one article to show that creative programs using solar panels will be bringing the cost of electricity down.
the cost for panels continues to decrease (there are many technological innovations in the pipeline that will continue to push the price down). I hope the cost of utility power goes up 150% in the next 9 yrs - more power to alternatives.
Thanks, hippie tree huggers!!!!!!!!
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