DOE has designated Florida Atlantic University as the site of a
new national center for ocean energy research. Also, Ocean
Power Technologies has signed a settlement agreement with
stakeholders for a utility-scale wave energy project in
Oregon.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
In 2007, the average monthly residential electricity consumption was 936 kWh. (Source: EIA)
Appliances account for roughly 65% of electricity consumption in the average American household (2001), with refrigerators and lighting making up the largest categories. (Source: EIA)
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
