Category Archives: energy consumption

BP: The Need for Oil Is Expected To Increase by 2040 with Five Times Growth in Renewables

The demand for oil is expected to peak by 2040 and then decrease, this was stated by BP. This occurrence is due to the increase in renewable energy, electric vehicles, and increasing regulations on plastics.

However, on Tuesday, an energy viewpoint was stated by BP (which is one of the biggest oil companies in Britain) thus, forecasting that the demand for oil will reach a high point at 110 million barrels per day between 2035 and 2040 before gradually slowing and leveling down. Although, the current demand for oil is about 97 million barrels per day.


The viewpoint from the British oil giant solely relies on forecasts and estimates from its “Energy Transition” setting which redirects to government plans, technological and also social happenings.

It is also important to know that BP also forecasts that lots of consumers will shift their attention to electric cars in the near future. Right now, it has been estimated that about 2 million people now use electric cars, but this is likely to increase to about 300 million by 2040.

Nevertheless, the 300 million figure that estimated the expected usage of EV ( Electric Vehicles), only signifies 15% of the amount of the predicted 2 billion passage cars that will be used in 2040, this means that there is still a long way to go before the use of crude oil diminishes, BP executives stated.

Also, there have been lots of speculations that the increase in the production of EV will drive away the use of oil among consumers, but BP’s chief economist Spencer Dale said to the Telegraph that, “the suggestion that the increased growth of EV will cause a decline in oil demand has not really been supported by basic numbers- even though there has been a rapid growth”.

“We have seen the situation on the ban of ICE (Internal Combustion Engines). Even with the ban on the ICE, oil demand will still increase in 2040 than it is presently”.

In addition to these, the reports that stated the Evolving Transition have not predicted that carbon emission will also rise.

However, under the Evolving Translation situation, which accepts that vital rules and technology will continue to evolve at a faster state similar to that seen in the past, oil demand will slow and eventually plateau in the late 2030s.

Also in the ET scenario, there are nearly about 190 million electric cars by 2035 which doubles the estimated 90 million EV’s forecasts. This scenario has also stated that the number of electric cars is expected to increase by extra 130 million in the next years, thus, reaching a total of 320 million cars by 2040.

Other energy research groups have increased their level of EV forecast in recent years. Although, BP’s latest prediction is more predominant.

However, it is necessary to know that the Chief Executive Officer of BP, Bob Dudley, also declared that even though there have been adequate policies ( technological and political) to decrease the rise of carbon emissions, “these measures fall short of the sharp drop in carbon emissions aimed to achieve the Paris climate goals.”

From the viewpoint of BBC  which also pointed out from the outlook of BP, it has been said that BP expects the emissions of carbon to increase by 10% in 2040 – this would shun and collapse the promises made in Paris.

It is important to know also that this BP had suggested that decreasing the demand for oil at 85 million barrels per day would gratify the Paris climate goals.

On a lighter mode, BP has acknowledged the fact that renewable energy is the fastest-growing fuel source and will increase 5 times more by 2040 to attain about 14% of the level of energy consumption of the world. This is more reason why BP is putting all of its stakes in this sector.

However, Bloomberg conveyed that BP currently bought stakes worth $200 million in British solar developer Lightsource Renewable Energy Ltd.  The British oil giant is not stopping at this joint and it has also considered bidding for an Italian company called Terra Firma’s Rete Rinnovabile Srl.

Furthermore, other policies and measures that are available are indenting the level of oil demand across the world today. Dale made it known to the Guardian that if policies are increased on plastics and plastic bags, it will reduce the growth of oil demand per day to about 2 million barrels by 2040.

Dale also told the Guardian that “all over the world, you will see lots of awareness of environmental damages that are associated with plastics.”

Nevertheless, by the end of BP’s forecast period, the growth of electric vehicles would have increased by 15%. Although, the number of EV’s can’t give a total story. When it has to do with knowing the future energy, it all relies on how vehicles are exploited.


Rinkesh is passionate about clean and green energy. He is running this site since 2009 and writes on various environmental and renewable energy related topics. He lives a green lifestyle and is often looking for ways to improve the environment around him.

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25 Simple and Easy Ways to Increase Your Home’s Efficiency

Several benefits come along with improving the efficiency of your home, including healthier living conditions, increased savings, positive environmental effects, a higher level of energy independence, and even a boost in property value.

Ultra-efficient homes aim to reduce unnecessary energy consumption, greenhouse gas emissions, and demands for nonrenewable resources by combining state-of-the-art, energy-efficient construction, appliances, and lighting with commercially available renewable energy systems, such as solar water heating and solar electricity. By taking advantage of local climate and site conditions, designers can even incorporate passive solar heating and cooling and energy-efficient landscaping strategies.

fluorescent bulbs

However, not everyone has the time, money, or ability to transform his or her dwelling into an ultra-efficient house. Luckily, there are a number of simple things you can do that will still boost your home’s efficiency and help you to start saving both your wallet and the environment.

Note that before you begin to make your home more energy efficient, it’s important to know where you currently stand. Several solar companies offer energy audits, during which an energy professional will inspect your home and determine areas where efficiency can be improved, as well as which parts of the property could use additional attention. It’s recommended to start with an audit to find out which items on this list will be most beneficial for you specifically. Here are 25 simple and easy ways to increase your home’s efficiency.

1. Get a programmable thermostat

Installing a programmable thermostat can save money and increase efficiency by automatically turning down heating and cooling appliances during times when no one is home and at night. Programmable thermostats contain no mercury and, in some climate zones, can save homeowners hundreds of dollars per year in energy costs.

2. Check weather stripping and caulking

Ensuring that your windows are properly caulked and your doors have good weather stripping can help keep cold drafts and warm air from seeping into your home. If you do find that your weather stripping and caulking needs to be replaced, it’s a quick, inexpensive DIY project that you could likely complete in just a few hours.

3. Unplug appliances when not in use

If you have appliances that you only use occasionally, there is no reason for them to be drawing energy around the clock. Getting in the habit of unplugging appliances when you’re not using them is a simple way to conserve energy.

4. Revamp windows

Windows are a major source of heat loss in a home, so it’s important to make sure that your windows are as efficient as possible. There are a number of ways to revamp your windows, including replacing aluminum frames with vinyl, installing multiple panes, tinting, and replacing your current windows with Energy Star-rated panes.

5. Switch out light bulbs

If you currently have incandescent lights, consider replacing them with fluorescents. Although compact fluorescent bulbs are more expensive initially, they provide considerable savings in the long run because they last up to 25 times longer than incandescent bulbs. Even using a mix of fluorescent and incandescent lighting throughout your home can have a significant impact on overall energy usage.

6. Add insulation

Insulation is the key to maintaining heat in your home. As a result, a tightly sealed house can improve comfort and indoor air quality while reducing utility bills. Because hot air rises, air leaks are most likely to occur in the attic. Taking the time to add a little extra insulation to your attic, ceilings, and walls will prevent cold drafts and ensure that you won’t pay unnecessary heating costs.

7. Update old appliances with Energy Star appliances

Older appliances are less energy-efficient than newer models, so replacing old kitchen appliances, washers, dryers, water heaters, and furnaces with Energy Star-certified devices will go a long way towards saving energy and lowering your electric bills. Look for the Energy Star label while shopping to make sure you’re getting an energy- and money-saving appliance.

8. Audit temperature settings

Check both your home thermostat and your water heater thermostat to ensure that they are each set at an optimal temperature. A water heater set higher than 140 degrees wastes quite a bit of energy, so the savings may be worth turning it down a bit.

9. Hang curtains

Hanging thick curtains over your windows not only makes your home more decorative and snug, it can also help prevent heat from escaping from your house.

10. Improve water heater

Improving the efficiency of your water heater is a great way to conserve energy and lower your bills. You can insulate the hot water lines to prevent them from cooling off quickly between uses, or install on-demand hot water circulating loops that are activated when you turn on the tap and deactivated when hot water has reached the fixture.

11. Fix furnace

Take a look at your furnace and see if you can increase its efficiency by switching out the air filters or sealing the ducts. If you really want to boost efficiency, consider exchanging your current furnace with a new, high efficiency module that burns less gas and produces fewer carbon emissions. Don’t forget to close the vents in rooms that you use less frequently to ensure that you’re only heating or cooling rooms that are occupied.

12. Add solar panels

Adding solar panels to your house can help you cut down on energy costs by giving you the ability to produce your own electricity. If you aren’t interested in purchasing panels, many solar companies offer lease and power purchase agreement options that still give you the opportunity to utilize green energy and save money.

13. Install ceiling fans

Air conditioners require a large amount of energy to cool a home. Consider installing ceiling fans throughout your home and using them in place of air conditioners.


14. Plant a tree

If you have room, plant a tree in your yard on the side of your house that gets the most sun. During the summer, the tree and its leaves will provide shade to help keep your home cool. In winter, the tree will be bare and allow warm sunshine into your house during the most optimal time of day.

15. Install a rainwater collection system

Buying or building a rainwater collection system will allow you to trap rainwater that would otherwise become runoff. That trapped water can then be used as irrigation water for your lawn or plants, cutting down on the water you’ll need to pull from other sources.

16. Update toilets

Toilets alone account for approximately 30 to 40 percent of the total water used in a home. To conserve water usage, install something more efficient, like low-flow toilets, vacuum-assist toilets, or dual-flush toilets.

17. Install daylighting

Daylighting is the practice of using natural light rather than electricity to illuminate the home’s interior. It can be achieved by installing skylights, light shelves, clerestory windows, and light tubes.

18. Update roof

Some roofs are made from special materials that are designed to reflect sunlight and lower roofing temperatures. This energy-saving technique is ideal for houses in warm climates where air conditioning costs are high all year round. If you live in one of these climates and are in need of a new roof, consider installing a reflective roof.

19. Choose appropriate flooring

The type of flooring you have in your home can have an effect on energy efficiency, so ensure that your flooring is appropriate. Carpet should be used if you want to trap heat and keep your home warmer, while tile should be used to keep your home cooler.

20. Paint the house

The color of your home can greatly contribute to the heat inside it. A light exterior color will help the home stay cooler, while a dark exterior color will better maintain heat. If your home is located in a warm climate, consider painting it a lighter color. If your home is located in a colder climate, painting it a darker exterior color is ideal.

21. Cook smarter

An enormous amount of energy is used while cooking. To ensure that you don’t waste energy while you cook, switch your conventional oven out for a convection oven, use a microwave instead of an oven when possible, and put lids on pots and pans to heat food more quickly.

22. Change your laundry routine

Laundry is another huge energy suck. To conserve energy while washing your clothes, wait to wash until you have a full load, avoid using high-temperature settings, clean the lint trap every time before you use the dryer, and air-dry clothing when possible.

23. Be mindful of activities

Take care to turn off lights when you leave a room, shut the door behind you, and take shorter showers. Small and simple changes like these can make a big difference over time and help to bring your total energy costs down.

24. Take advantage of tax incentives

Recent increases in incentives now allow for homeowners to receive credit for up to 30 percent of the cost of energy-efficient home improvements to an existing home (up to $1,500). That, on top of the savings you’ll see on your bills and the increased value of your home, equates to even more money in your pocket.

25. Keep an eye on energy consumption

Invest in an energy monitor and put it someplace where the whole family can look at it. Having the ability to see how much energy you are actually using, as well as how much that energy is costing, can help keep you aware, accountable, and on the right track towards optimal home efficiency.

Author: Sarah Hancock

Image credit: pixabay


Rinkesh is passionate about clean and green energy. He is running this site since 2009 and writes on various environmental and renewable energy related topics. He lives a green lifestyle and is often looking for ways to improve the environment around him.

Latest posts by Rinkesh (see all)