Energy Demands

Factories

Overview

Factories are usually considered to be a plant consisting of one or more buildings with facilities for manufacturing.

Facts

Between today and 2030, the world’s industrial energy usage will increase by 33% or 1.3% per year. As industrial production moves to countries where costs are cheaper, industrial energy use in developing countries will grow rapidly.

Source: “International Energy Outlook 2010”, Energy Information Administration

In order to meet the goal laid out at the Copenhagen Climate Conference in 2009 of limiting the increase in global temperature to 2 degrees Celsius, an additional $1.4 trillion in investment for industrial efficiency improvements will be needed by 2035, beyond what countries have already pledged. Additionally, some $640 billion of investment for carbon capture and sequestration technology would be required. Total investment in the industrial sector required to meet the Copenhagen goal is equivalent to 0.3% of the cumulative value added in the industry sector by 2035.

Source: “World Energy Outlook 2010.” International Energy Agency

Between today and 2030, the world’s industrial energy usage will increase by 33% or 1.3% per year. As industrial production moves to countries where costs are cheaper, industrial energy use in developing countries will grow rapidly.

Source: “International Energy Outlook 2010”, Energy Information Administration