Greater energy efficiency, along with outsourced heavy industry and customers generating their own power, have created flat demand for utility power for 10 years. Stagnant demand is likely for the foreseeable future.
That’s good news for consumers and efforts to reduce greenhouse gas emissions. But utilities are having a tough time adjusting to this new business environment, as electricity demand had risen steadily for about a century.
There have been recent requests from utilities to bail out large coal and nuclear plants. It also has been tough for long-term planning. For instance, the Tennessee Valley Authority has found its 20-year forecasts obsolete almost as soon as they are released.
Some utility executives are nervous about what the future holds for their organizations. Utilities may need to make money through services rather than on investment returns on new generating capacity. Nevertheless, as a Vox article points out, more stringent energy codes and better efficiency technology produce multiple benefits for the country. Declining demand saves money, reduces pollution, and avoids the need for additional capital expenditures for expensive infrastructure.
Related Stories
Codes and Standards | Jul 27, 2015
New York City changing zoning rules to reduce shadows cast by high rises
For decades, the New York City’s zoning rules have made it hard to construct high-rise buildings that seem airy and minimize the shadows they cast. The city planning department is now working to change that.
Codes and Standards | Jul 27, 2015
ICC, ASHRAE outline roles to consolidate IgCC and 189.1
"IgCC Powered by 189.1” will provide the design and construction industry with “the single, most-effective way to deliver sustainable, resilient, high-performance buildings," according to the trade groups behind the agreement.
Codes and Standards | Jul 27, 2015
Tennessee county considers local worker requirement on construction projects
A proposed amendment to the charter governing Nashville and Davidson County would mandate that 40% of work hours on city- or county-funded construction jobs costing at least $100,000 be completed by residents.
Codes and Standards | Jul 27, 2015
New guide for installation of mineral fiber pipe insulation on chilled water systems
Developed for professional insulation contractors, the 36-page guide recommends methods for insulating chilled water piping systems using a vapor-sealed mineral fiber pipe insulation.
Green | Jul 23, 2015
NASA: U.S. headed for worst droughts in a millennium
Data from NASA shows carbon emissions could be the driving force behind devastating water shortages and record droughts in the western U.S.
Multifamily Housing | Jul 16, 2015
Minneapolis relaxes parking requirements on new multifamily buildings
The city cut the number of spots required for large developments by half. It also will accept plans with no parking spaces in certain cases.
Codes and Standards | Jul 16, 2015
Berkeley, Calif., adopts balcony inspection program following deadly collapse
Apartment building balconies will be subject to inspections every three years under new regulations adopted following a deadly collapse.
Codes and Standards | Jul 16, 2015
Oregon to spend $300 million for seismic updates on public buildings
A survey found that more than 1,000 Oregon school buildings face a high risk of collapse during earthquakes.
Smart Buildings | Jul 12, 2015
Office of Management and Budget asks agencies to consider climate change when budgeting for construction projects
For the first time, the U.S. Office of Management and Budget is asking agencies to submit budget plans that consider the effects of climate change on construction and maintenance of federal facilities.
Engineers | Jul 12, 2015
White paper explores low-flow toilets’ impact on drain lines, clogs
The research found that certain variables: toilet paper—along with the pipe slope and flush volume—are key variables in determining whether drain lines might be predisposed to clog.