Business from the cloud up are you ready for the future making energy efficiency big business infographic
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European energy efficiency:
Last one out, turn off the lights
Costs heating up:
Energy is set to rise in strategic significance
for European businesses
Industry is set to
remain the biggest
consumer of European
energy in 2020…
Energy costs are rising…
End-use price index (2005=100)
126.9 4.4%
130
Price
(Q3 2012)
Year on
year change
127.5 3.7%
Price
(Q3 2012)
Year on
year change
22.6%
125
120
18%
Q3 2010
Percentage of total European
energy consumption by sector
(western Europe only)
115
Q3 2012
Q3 2011
Source: International Energy Agency
Source: Economist Intelligence Unit
Energy consumption set to surpass
pre-crisis levels by 2020
2006
2019
gross domestic energy consumption (ktoe)
1.80
1.75
1.70
1.65
1.60
2006
2008
2012*
2010
2014†
2016†
2018†
2020†
* Estimate
† Forecast
Source: Economist Intelligence Unit
European businesses paying 25% energy 'surcharge'
on US competitors’ energy bill
JAPAN
2014
128
7%
115.1
0.3%
USA
2016
100.4
3.3%
124.6
1.2%
EUROPE
2019
126.9
4.4%
127.5
3.7%
Year predicted to
surpass pre-crisis
consumption levels
Price
(Q3 2012)
Year on
year change
Price
(Q3 2012)
Year on
year change
Sources: International Energy Agency; Economist Intelligence Unit
Energising efficiency:
Most European countries are increasing
energy efficiency
Switzerland, Ireland and Denmark are leading
other European nations in energy efficiency
(measured by the amount of energy it takes
to generate a single unit of economic output)
Most efficient three
1
2
3
2012 0 0 6 1
2012 0 0 6 5
2012 0 0 7 1
2020 0 0 5 7
2020 0 0 6 0
2020 0 0 6 1
SWITZERLAND
DENMARK
IRELAND
Selected other European economies
2012 0 0 8 3
2012 0 1 1 6
2012 0 0 9 7
2012 0 1 0 7
2020 0 0 7 7
2020 0 1 0 8
2020 0 0 9 4
2020 0 1 0 0
UK
FRANCE
ITALY
GERMANY
Most European countries are predicted to become more
energy efficient by the end of the decade…
…when at least a dozen
European countries
are predicted to lead
Japan and the US
2012 0 1 0 4
2020 0 1 1 6
JAPAN
2012 0 1 6 3
2020 0 1 4 6
USA
Source: Economist Intelligence Unit
Energy intensity: Total energy consumption measured in tonnes of oil equivalent per million dollars of real GDP
Shrinking footprint:
Europe is a dwindling power in global energy
Share of global energy consumption to fall to around 10% by 2020
(Asia to consume four times as much energy as Europe by 2020...
...but with seven times as many people)
45
48.98%
40
35
Asia and Australasia
30
25
North America
20
4.98%
15
7.08%
Europe
10
5
0
2000
2005
2015*
2010
Total gross domestic energy consumption
(% of world total)
2020*
Share of world
population (%)
* Forecast
Source: Economist Intelligence Unit
Share of global carbon emissions to fall to around 10% by 2020
(Asia to double European GDP by 2015…but emitting four times as much carbon)
48.9%
47.5%
44.1%
40.00
37.9%
35.00
15.8%
30.00
25.1%
13%
21%
11.2%
25.00
18%
10.1%
16.4%
5.00
North America
10.00
Europe
15.00
Asia and Australasia
20.00
0.00
2005
2010
2015*
2020*
Percentage share of carbon emissions
Percentage share of world GDP at purchasing power parity (PPP) in US$
Source: Economist Intelligence Unit
* Forecast - 2020 GDP forecast only for 2017
© 2013 An Economist Intelligence Unit infographic.
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