Energy

Energy plays a vital role in modern society, enabling systems that meet basic human needs, improve standards of living, and provide mobility to populations.  As populations and economies grow, demand for energy is ever increasing.  In the face of constant growth, economic and market pressures, along with political and regulatory mandates,  the North American energy sector is being required to do more with less while still reducing costs, improving reliability, guaranteeing security, and minimizing carbon emissions.  These economic requirements and social mandates can only be achieved with fundamental changes in the way the we generate, manage, deliver, and consume energy.  Substantial investment opportunities continue to present themselves as the energy sector searches for solutions in a landscape of rapid technological innovation and a changing system thinking.

 

United States Energy Snapshot


U.S. CO2 Emissions By Source

32% Buildings  -  37% Power  - 31% Transportation

 

100

Quadrillion BTUs ("Quads") of energy produced in the US last year. 

 

80% 

The Amount of that energy that was generated from fossil fuels. 

 

60% 

The amount of that energy that was wasted to system inefficiencies. 

 

$1.2 Trillion

The cost of those losses to the US Economy. 

 

D+

Grade assigned by the ASCE to the condition of US energy infrastructure.

 

$100 Billion

Expected annual investment gap in energy infrastructure in the US by 2020.