World Energy Consumption Increased by 60 Percent. World energy consumption increased by 60% during the last 26 years. Energy use in the U.S. increased by 81% during the same time period and continues to increase every year with new gadgets and appliances that require electricity to function.
The U.S. is now competing with emerging economies, such as China and India, for energy resources. Along with the demand increase, prices are increasing, too. Requirements to reduce greenhouse gas emissions are pressuring utilities to find alternate sources of supply. These costs will be added to the system. There are many ways to reduce energy use, thereby decreasing total energy costs and becoming more environmentally sensitive.