Worldwide Energy Demands Continue to Climb Rapidly

Published on April 05, 2019

According to the International Energy Agency (IEA), the amount of energy that is currently being used worldwide is almost double the amount that was used in 2010.

These findings are a part of the IEA’s recent analysis of global energy consumption and carbon emissions.

2018 was found to have the largest increase of energy demands of any year since 2010, showing a 2.3 percent increase worldwide - which also contributed towards the 1.7 percent rise in carbon emissions last year.

The biggest contributor towards the increase in carbon emissions came from energy generated by burning coal, accounting for 30 percent of all energy related carbon emissions

All types of fuel have seen higher demands, but natural gas demands have increased the most - they account for 45 percent of the total growth in energy demand worldwide.

Around 70 percent of worldwide energy consumption comes from three countries: China, India and the United States.

According to IEA, the rising global economy along with an increase in heating and cooling demands are behind the climb in global energy demands.

The need for more heating and cooling largely comes from the weather events that were experienced in 2018, which had record breaking hot and cold temperatures.

The IEA also found that Renewable energy sources have significantly contributed to the expansion of the electrical energy sector, accounting for almost 50 percent of electrical energy demand.

Reduce Home Energy Use with Energy Efficiency Improvements

For the average homeowner in Ontario, it is not uncommon for their home’s energy consumption to be greatly reduced simply by making a few small and affordable home improvements. Attic insulation and airtightness improvements are almost always the most cost-effective way for a homeowner to improve their home’s energy efficiency.

With a Home Energy Assessment from BSG, our Registered Energy Advisors can provide you with a full evaluation of your home, including its: energy efficiency, level of comfort, and health & safety; and our advisors will also give you a descriptive pathway for how these factors could be improved.  

This means that you are able to see every possible improvement you could make in your home, and what the expected energy and financial savings of each individual improvement would be. Some improvements are even simple enough to be done as a DIY, such as caulking the easy to reach air leaks that were marked during your home’s assessment.

By improving the energy efficiency of your home, you may notice a few changes, such as: an improved level of home comfort, better air quality, fewer drafts, significantly lower utility bills, and even a higher market value. By making energy efficiency improvements to your home, you are also contributing towards a decrease in global energy demand and carbon emissions, and you are working to become more prepared for possible energy shortages in the future.

Additionally, having a Home Energy Assessment conducted by BSG’s Registered Energy Advisors can help your home qualify for rebates that amount up to $5,000. These rebates are available to customers through either the Home Reno Rebate Program from Union Gas, or the Home Energy Conservation Program from Enbridge Gas, and with the help of our advisors, you can be sure that you will be receiving the best return possible.

Contact us now to schedule your appointment for a Home Energy Assessment, or to talk with one of our energy advisors about your home renovation and rebate options through our free phone consultation service.