Behold, I Am Making All Things RenewedEGP Blog post from November 26, 2012
2 Peter 3:10–13 (NASB)
 But the day of the Lord will come like a thief, in which the heavens will pass away with a roar and the elements will be destroyed with intense heat, and the earth and its° works will be burned° up.  Since all these things are to be destroyed in this way, what sort of people ought you to be in holy conduct and godliness,  looking for and hastening the coming of the day of God, because of which the heavens will be destroyed by burning, and the elements will melt with intense heat!  But according to His promise we are looking for new heavens and a new earth, in which righteousness dwells.
2 Peter 3:10a Lit the works in it
2 Peter 3:10b Two early mss read discovered
The word translated “destroyed” (λυω [G3089], luo, pronounced loo’-o) is the same word translated “loosed”, so symbolically here “released from bondage”. In verse 12 it talks about “burning,” which in the Greek is the word “puroo” (πυροω [G4448], poo-ro’-o), where we get our word “pure” as in “purified by fire.”
You may be asking “what about the new heaven and earth?” The word translated “new” here is “kainos” (καινος [G2537], kahee-nos’) and literally means, “renewed, refreshed, or restored.” It seems “kainos” could be split into two parts, “kaio” (καιω [G2545], kah’-yo, “to set on fire”) and “neos” (νεος [G3501], neh’-os, “new”), to give you “made new by fire.”
2 Corinthians 5:17 (NASB)
Therefore if anyone is in Christ, he is a [renewed] creature; the old things passed away; behold, [renewed] things have come.
Revelation 21:5 (NASB)
And He who sits on the throne said, “Behold, I Am making all things [renewed].” And He said, “Write, for these words are faithful and true.”
1 Corinthians 3:10–15; Matthew 26:28; Galatians 6:15