July 2012

Trends and Resources

HP Impact: A new era of energy conservation

A new era of energy frugality is taking hold in the US, even as the economy slowly recovers, according to a survey from the Deloitte Center for Energy Solutions.Businesses are forging the way by targe..

Thinnes, Billy, Hydrocarbon Processing Staff

A new era of energy frugality is taking hold in the US, even as the economy slowly recovers, according to a survey from the Deloitte Center for Energy Solutions. Businesses are forging the way by targeting average reductions in energy consumption of nearly 25% over a three- to four-year period. Consumers are also doubling down on efficiency; 83% report that they took extra steps to reduce their electric bill over the past year and 93% say they will use the same amount of electricity or less in the future. “The recession is profoundly changing energy habits for both businesses and consumers,” said Greg Aliff, one of the survey’s authors and a vice chairman in the energy and

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