Breathe Blog: Energy Perspective Report 2019
The latest statistics from McKinsey & Company’s Energy Perspective Report 2019 are striking and demonstrate the changes in how we consume and manage energy consumption and processes globally in the coming years.
It concludes that: ‘Energy systems around the world are going through rapid transitions. The continuation and acceleration of these shifts will bring important changes to the way we fuel our cars, heat our homes, and power our industries in the coming decades.’
Energy consumption is expected to plateau by 2030, for the first time in our history, primarily due to our new reliance on renewables. Post 2035, more than 50% of power generation will be renewable. For many this is great news, with the new drive for wind and solar power reducing our carbon consumption.
However, despite all of this progress into renewable technology and focus, buildings-related electricity demand is expected to increase by 80-85% from 2016-2050 as a result of the increased use of space cooling and appliances driven by better standards of living in developing countries. After the heatwave of 2018, will we be seeing larger demand for cooling appliances across our infrastructure in the UK to tackle the warming climate?
We need to heed these statistics and warnings and adapt how we approach energy performance systems across our largest infrastructure in both the private and public sector.
At Breathe, we are focusing on reducing client’s carbon footprint across their estates, to tackle the global push against climate change. These stats show that yes, we must focus on renewable, but also need to consider how we introduce further electricity and SMART appliances to tackle warmer climates and offset the growing demand from countries such as Africa as their middle classes expand and use more technology. We also need to monitor how we use energy, optimising systems and reducing energy wherever possible. Our Breathe Connect service does just that, tracking data from monitoring devices and translating that into real time fixes or efficiencies.
Global energy related emissions will peak in 2024 and decline by around 20% by 2050, but more needs to be done if we are to adhere to the global carbon targets. A smart approach to our buildings and infrastructure is paramount.