Energy Trends to Watch

 

There’s plenty of buzz about energy these days. But what are some of the innovations that stand out?

 

Efficiency

 

Government studies predict that the U.S. energy intensity will continue to decline about 2 percent every year through 2040. While efficiency in a broad term is accelerating, the steep drop in energy usage will be in automobiles.

 

“At the same time, efficient use of electricity – which is used three-fourths in buildings, one-fourth in industry – is finally starting to pull out its decades-long doldrums.”

 

Renewables

 

Renewables are booming worldwide with solar systems and wind turbines being installed all around the world. Wind power added 45 GW of global capacity last year, and solar PVS added about 32 GW.

 

“These and other no-hydro renewables are continuing to win a quarter-trillion dollars’ private investment per year globally. It’s the core of the global market and increasingly central to the United States’ energy landscape.”

 

Distributed Power

 

The means of producing electricity have shifted from slow, gigantic projects to scalable, mass-produced manufactured products. This shift from centralized to distributed generators could be the future of energy and how it powers our homes and businesses.

 

“Distributed renewables save money, avoid price volatility and fuel insecurities, and prevent carbon emissions. But their unique strategic and marketing advantage is that if properly deployed in a largely distributed system, they can enable a resilient grid architecture that makes big cascading blackouts improbable by design.”

 

Source: Rocky Mountain Institute Solutions Journal

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.