Energy Use is Falling Despite GDP Increasehttp://www.alpineutilities.co.uk/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 David David http://0.gravatar.com/avatar/c0af84839713104cb87bc94d9fcce0c5?s=96&d=mm&r=g
EiBI reports in its October issue that overall energy usage has declined from 196.8 million tonnes of oil equivalent (mtoe) in 1964 to 187.9 mtoe in 2014. At the same time GDP has gone up by almost 270%. Gas consumption is now also no higher than 30 years ago. Since 2005 overall nergy usage has fallen by 18%. Just in the past year energy sales fell by 6.6% despite GDP increase by 2.8%.
This is great news and proves that energy saving efforts can bring great results.