As a result of very specific changes to the economic activity and corresponding energy consumption levels, a more granular analyses will be required than is previously provided by traditional load forecasting methods.

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Environmentally, Europe will become a "green" hero--because lower economic growth means a natural reduction in energy consumption and dreaded greenhouse gas emissions.

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In 2006, the first year of the plan, the country's reduction in energy intensity, which measures energy consumption per unit of economic output, was a mere 1.23%.

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The second premise, that carbon restrictions are necessary for energy consumption control, belies inherent logic of free market economic incentives to advance conservation economies.

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The economic opportunities in the advanced energy sector become even more obvious when you consider that global energy consumption is expected to rise almost 40 percent by 2030.

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In its new International Energy Outlook 2011, the EIA reports that throughout the world, energy consumption is expected to rise by 53 percent from 2008 through 2035 driven by robust economic growth and expanding populations in the developing countries.

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