Top 10 mind-bending energy facts

14 March 2024

Prepare for a ride into the amazing world of energy trivia with our top 10 list of mind-boggling facts and trivia. From phantom energy to compressed air energy storage – take a glimpse into the fascinating forces that power our world:

  1. Phantom energy – the sneaky culprit: Did you know that even when your business devices are turned off, they might still be sipping on energy? This phenomenon, known as ‘phantom’ or ‘vampire’ energy usage, contributes to about 10% of residential electricity consumption. For businesses, this translates into substantial hidden costs. Unplug and save to maximise your energy efficiency and reduce operational expenses. Why not take a look at our case study featuring a well-known NZ retail chain client who achieved significant cost and carbon savings with our help through intelligent energy insights.
  2. The sun’s incredible power hour: Imagine this: in just an hour and a half, the amount of sunlight that reaches the Earth’s surface could meet global energy demand for an entire year. Solar energy holds untapped potential that could revolutionise your business’s energy landscape. Just last month, the first grid-scale solar farm operated by Lodestone Energy opened in Kaitaia with an output large enough to power over 6,000 homes.
  3. Renewable reign – a 2020 triumph: A remarkable shift occurred in 2020 when renewable energy sources claimed over 80% of the new electricity capacity added worldwide, surpassing the once-dominant fossil fuels. The dawn of a sustainable era is upon us, enabling business owners to align with eco-friendly practices.
  4. Hydroelectric prowess – Nature’s efficiency: Hydroelectric power plants are true champions in efficiency, converting approximately 90% of the energy from falling water into electricity. In a typical year, 65% of NZ’s energy is produced from hydroelectric power.
  5. Golmud Solar Park – packing a solar punch: China’s Golmud Solar Park reigns as the world’s largest solar farm as of 2024, boasting 2.8 GW of solar capacity. With nearly seven million panels soaking up the sun, it’s a powerhouse of clean energy.
  6. LEDs lighting the way: Embrace the brilliance of LED light bulbs, champions of energy efficiency. These marvels use up to 80% less energy than traditional incandescent bulbs and can last an astonishing 25 times longer, illuminating the path to sustainability and cost savings for your business.
  7. Solar cell evolution from 6% to 20% plus efficiency: Journey back to 1954 when Bell Labs developed the first practical solar cell with an efficiency of around 6%. Fast forward to today, where cutting-edge solar cells exceed 20% efficiency, transforming sunlight into a potent energy source for businesses looking to harness the power of the sun.
  8. Compressed air’s elastic energy storage: Enter the realm of compressed air energy storage (CAES) systems, where excess energy is used to compress air stored in vast underground caverns. When electricity demand arises, the released compressed air generates power, showcasing the elasticity of energy storage.
  9. Geothermal genesis in Italy: Italy proudly hosts the world’s first geothermal power plant, built in Larderello in 1904. Geothermal energy taps into the Earth’s internal heat to generate electricity, providing a sustainable alternative.
  10. Energy star’s bright certification: Discover the efficiency of energy star-certified appliances, wielding the power of up to 50% more energy efficiency compared to their non-certified counterparts. For businesses, this certification signifies a commitment to energy-conscious choices and operational savings.

Want to learn more about increasing sustainability, reducing costs, and improving efficiency? Get in touch with our experts at Total Utilities today.