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Energy

The most important US energy chart of the year…

  • April 10, 2020April 10, 2020
  • by Andy

Fascinating chart showing US energy usage. Biggest takeaway is how far more is wasted in “rejected energy” (explanation in the article) vs. used. However, that’s good news for renewables which are nearly 100% efficient. When you replace a fossil fuel with a renewable the ratio isn’t 1:1 its more like 1:5.

Rejected energy is part of the energy of a fuel — such as gas or petrol — that could be used for a purposeful activity, like making electricity or transport. However, because of the technologies that we currently use to consume fuels, a lot of it gets tossed out by turning it into heat in the environment, which is totally useless [or worse]. For a coal-fired power station, for instance, about two-thirds of the energy released when the coal is burnt is discarded as heat in the environment. This reject energy sometimes appears as clouds of vapor coming off a power station’s cooling towers, such as the well-known ones at Didcot in England.

https://electrek.co/2020/04/09/us-energy-chart-2019/
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Andrew Breen is a partner at The Buy Build Fund and the principal of Assert Digital Ventures where he acquires & invests in small, cash flow positive digital businesses with growth potential. He uses his years of digital product experience to expand the market. Currently focused on health & wellness, Andrew has grown ADV’s acquisitions significantly to date. In addition, Andrew advises leading companies from startups, investors to Fortune 1000 companies on digital products and transformation. Known for his deep knowledge of the Lean framework, Andrew has significantly restructured the digital products, processes and culture of a range of companies. He is an adjunct professor at both NYU's Stern School of Business and Courant (CS) Institute teaching on a range of tech product management and innovation topics. He is contributing author on two books on tech product and cultural topics.

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