Sunday, March 3, 2013

The Bush/Obama Depression In Electricity Consumption

Between 1990 and 2000, US electricity consumption per capita grew at a rate of almost 17%.

But since then, between 2000 and 2010, electricity consumption actually FELL at a rate of 2% despite growth in population at a rate of nearly 10%.

By 2010, consumption was still 2.3% below the 2005 peak achieved under George W. Bush.

The trend is probably due mostly to the transfer of manufacturing capacity to China, and to some extent to energy efficiency efforts in the US.

Meanwhile in China, the decade of the 1990s witnessed growth in electricity consumption per capita of 94%, and in the decade to 2010 of 196%. Overall, since 1990 Chinese growth in electricity consumption has outstripped the US growth rate by 33 times.