The Energy Efficiency Forum 2012 North America is set to take place this week in Washington, D.C. amid compelling statistical evidence that a comprehensive energy policy could be essential to building a strong economy, creating new jobs, and making America more competitive with other countries.
Published on the event website, the statistics indicate that energy demand continues to increase while energy management remains at the forefront of people’s minds:
- U.S. demand for all types of energy is expected to increase by 31% within 25 years; U.S. electricity demand will grow by at least 40% by 2032. (2012 DOE).
- The energy needed to support just one office worker for a day produces twice as much greenhouse gas emissions as that person’s drive to work. (2012 DOE).
- The total market for energy efficiency in buildings will reach $103.5 billion by 2017, an increase of more than 50% from the 2011 market value of $67.9 billion. (2011 Pike Research)
- Seven in 10 global executives say energy management is extremely or very important to their organizations. (2011 Energy Efficiency Indicator)
- The biggest drivers for energy efficiency are cost, government/utility incentives and enhanced public image. (2011 Energy Efficiency Indicator)
So, what are we going to do about it? The chemistry industry continues to work hard to create and improve the innovations that enable everyday Americans to use energy more efficiently. ACC members themselves often rely on products enabled by chemistry to improve operational energy efficiency.
For example, ACC member company Croda, Inc. has implemented a 305 kilowatt (kW) solar energy system which provides more than 50 percent of the energy to power its North American Headquarters and Innovation Center in Edison, New Jersey. To put that into perspective, the energy savings produced from Croda’s efforts could power 42 average sized homes each year!
We invite you to learn more about supporting a comprehensive energy strategy that maximizes the development of all our energy resources while promoting energy efficiency, renewables and alternative sources such as energy recovery.