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Provision Addressing Present and Future Demands for Electricity in the Premises

State:
Multi-State
Control #:
US-OL12022
Format:
Word; 
PDF
Instant download

Description

This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.

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FAQ

Now-a-days, AC system is universally adopted for distribution of electric power as it is simpler and more economical than direct current method.

Electricity demand has been steadily increasing this year due to a pickup in economic activity and amid higher temperatures being recorded in March in North India, which could have led to higher use of air conditioning.

By 2050 global final energy consumption is projected to increase by about 30% and electricity production is expected to double. Worldwide, fossil fuels remain the dominant energy source for electricity production at about 63% in 2019, their share having changed little since 1980.

By 2050, global industrial energy consumption reaches about 315 quadrillion British thermal units (Btu).

Global electricity generation will increase between 123% and 150% by 2050.

Global demand for energy is predicted to increase in the coming decades. In the UK in 2015, renewable energy provisionally accounted for 8.3 per cent of final energy consumption.Between 2014 and 2015 electricity generation from renewable sources increased by 29 per cent.

Shutdown your computer. Computers are some of the biggest energy users in office buildings. Choose the right light. LED bulbs are the most energy efficient lighting option. Eliminate vampire power: unplug idle electronics. Use a power strip to reduce your plug load. Turn off the lights.

Electricity is at the heart of modern economies and it is providing a rising share of energy services. Demand for electricity is set to increase further as a result of rising household incomes, with the electrification of transport and heat, and growing demand for digital connected devices and air conditioning.

Global demand for energy is increasing rapidly, because of population and economic growth, especially in emerging market economies. While accompanied by greater prosperity, rising demand creates new challenges. Energy security concerns can emerge as more consumers require ever more energy resources.

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Provision Addressing Present and Future Demands for Electricity in the Premises