How to save money on your energy bills
The energy efficiency and conservation measures in place in a country’s power sector can have a dramatic effect on its electricity prices.
The International Energy Agency (IEA) has recently published a report called Energy Efficiency and Conservation for the Modern World: What to Do if Your Electricity Prices are Going Up.
The report highlights the fact that, as a result of the rise in electricity prices, many people are paying more and more attention to their energy use.
The report, based on a detailed analysis of energy consumption across countries, shows that while energy consumption per capita has increased by 3.5 percent per year, in some countries, the amount of energy consumed has increased an astonishing 6.5 times in just four years.
The IEA report also shows that in some of the countries where the data is available, the price of electricity has risen by almost 50 percent.
While the increase in electricity consumption can seem to come as a surprise to many, the IEA estimates that in the last 15 years, electricity consumption per person has increased 1.2 percent in the developed world.
The average increase in the global energy consumption has been a whopping 1.8 percent.
For the average person in the developing world, the rise is much higher.
According to the IEC, the global average energy consumption of people aged 16 and over has increased 9.6 percent between 2004 and 2015.
This means that, over this period, a total of 5.4 billion people have had to spend more than 5 percent of their income on energy.
While some countries are experiencing record-high energy demand, many countries are not.
For example, in the US, the average household consumes almost 3.4 kilowatt-hours of electricity.
In China, the figure is 5.6 kilowatts.
In the developing country, this means that the average energy user consumes just 0.9 kilowatthour of electricity a year.
According the IEEA, energy consumption in the countries it covers varies considerably.
For instance, India consumes more than 7.2 million megawatt hours per year and in South Africa it is 6.8 million megawatts.
The United States, in contrast, consumes just 3.8 megawatts per person and South Africa, 3.2.
In fact, there are some countries that have managed to maintain or even increase their average energy usage while others have decreased their consumption.
The IEA’s report points out that while in some cases energy consumption increased, in other cases the increase was due to a reduction in consumption or an increase in energy efficiency measures.
For instance, in Germany, which has seen a 20 percent increase in average energy use over the past four years, the increase has come from reducing the use of fossil fuels and the construction of energy-efficient buildings.
In India, which is experiencing a 7.8-percent increase in its energy consumption, the changes have come from the introduction of smart grid technology.
In many countries, however, the trends in energy consumption have continued to climb.
For the average family in the United States or India, energy use per capita is expected to increase by more than 2,000 megawatts by 2030.
The European Union is forecast to use 2.4 gigawatts of electricity per person by 2030 and the European Commission is aiming to use 3.3 gigawatts by 2040.
In some countries like France, Spain, Italy, Portugal, Spain and Germany, the energy use of households is expected in 2020 to increase more than 50 percent compared to 2020.
In contrast, in many other countries, energy demand per person is expected not to increase.
For India, for example, the population is expected increase by just 5 percent from 2020 to 2030.