Study: Energy Consumption to Drop 5 to 15 Percent by 2020
September 27, 2011 11:57 AM
comment(s) - last by
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.
This article is over a month old, voting and posting comments is disabled
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!!!!!!!!
"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini
UPDATED: Obama's "Smart Grid" Initiative Appears to be Mostly Talk
June 13, 2011, 9:42 AM
Liverpool Receives Smart Metering Technology, Powerline Broadband
January 5, 2011, 12:21 PM
Obama Admin Looks to Revive Bill for Greater Media Protection in Wake of AP Controversy
May 16, 2013, 1:47 PM
Notre Dame Designs Camera to Detect Age of Bruise for Abuse Checks
May 16, 2013, 9:05 AM
Report: Climate Change Could Wash Away Historic Jamestown Site Within 100 Years
May 15, 2013, 5:39 PM
U.S. Navy Launches First Unmanned X-47B Aircraft from Carrier Flight Deck
May 15, 2013, 12:13 PM
Government Creates Global Warming "Refugee" Crisis in Alaska
May 15, 2013, 6:37 AM
Quick Note: ISS Astronaut Records David Bowie Cover from Space
May 13, 2013, 1:01 PM
Most Popular Articles
Report: Microsoft Eyes Return to "Dying" Windows 7 Path After Windows 8 Flop
May 13, 2013, 9:50 AM
Windows 8.1 Will Be Free; Microsoft Holds Onto Struggling ARM Variant
May 14, 2013, 2:57 PM
Bill Gates Gets Teary-Eyed While Discussing Steve Jobs, Shows Off Life-Saving Tech on 60 Minutes
May 13, 2013, 12:30 PM
Google Announces "Pure" Galaxy Nexus S4 for $649, Android Updates
May 15, 2013, 1:42 PM
Google's Eric Schmidt: "Don't Be Evil" was Stupid
May 14, 2013, 11:00 AM
Latest Blog Posts
Parents of Pre-Teen Drivers Commonly Practice Distracted Driving Says Study
May 9, 2013, 7:16 AM
Apple's iOS 7 Running Into Internal Delays Due to Massive Overhaul
May 1, 2013, 4:26 PM
Elon Musk Willing to Spend More Money on Widening of 405 Freeway
Apr 26, 2013, 7:28 PM
New $100 Bill Due in October
Apr 24, 2013, 11:52 PM
Volkswagen Shows off iBeetle in Shanghai
Apr 22, 2013, 9:29 PM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information