POV: Power Breakfast

Power Breakfast for May 12, 2016

EIA reports world energy consumption to grow by 48 percent; DOE’s Better Buildings Challenge shows energy cost savings of $1.3 billion


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The EIA’s International Energy Outlook 2016 reports that world energy consumption is projected to grow by 48 percent between 2012 and 2040. More than half of this projected increase is said to come from China and India, two non-OECD countries. Over the projected period, renewables and nuclear power are the two fastest-growing energy sources with renewable energy growing by 2.6 percent annually and nuclear power increasing by 2.3 percent per year.
  • The DOE’s Better Buildings Challenge has seen energy efficient commitments triple since 2011 which has resulted in energy cost savings of more than $1.3 billion. In total, there are 310 Better Building Challenge partners with a goal to reduce their energy consumption by at least 20 percent within 10 years. These 310 partners represent 34,000 buildings and facilities, 4.2 billion square feet and $5.5 billion in energy efficiency investment.  In 2016 alone, more than 60 new partners have joined the challenge.
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