US Economic Growth Decoupled from Electricity Demand

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US Economic Growth Decoupled from Electricity Demand

Gita Subramony for Zondits, February 11, 2015

According to the Sustainable Energy in America factbook from Bloomberg New Energy Finance, USA’s demand for electricity has remained flat since 2007 despite economic growth of 8%. Benchmarking requirements for commercial facilities and more stringent energy codes have helped slow the country’s demand for energy. This trend shows that energy efficiency policies are in fact contributing to lessening our demand for energy and suggests that snapback or the rebound effect on the whole is not as devastating as previously thought.

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Sustainable Energy in America 2015 Factbook

 

1 comments

Interesting charts and figures – but how is natural gas “sustainable”? What if the reason that electricity demand fell was due to fuel switching to less efficient gas appliances and equipment, and not energy efficiency improvements? How is that a “sustainable” trend? What if some of the CHP systems are fueled by coal or imported oil? How is that more “green”?

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