Energy in the next 30 years

Energy in the next 30 years

We are now in the early stages of an energy revolution that is profound and rapid as the one that marked the oil age in the 21st century. This new energy system - highly decentralized, efficient and increasingly based on renewable resources and hydrogen fuel - is already emerging in other parts of the world. Without visionary leadership there can be a risk that lags behind its economic competitors and jeopardizes its political credibility on the international stage, which will be judged by the extent to which it embodies the following principles of a 21st-century energy system:

1. Energy efficiency: investments in energy efficiency that provide the same services as lighting, cooking, heating, mobility and industry will reduce energy needs.

2. Natural gas: Natural gas is the cleanest and fastest-growing fossil fuel and, despite the recent price increase, has become the fuel choice for energy generation. But the challenge with natural gas is not to drill into ecologically sensitive areas, but to develop highly efficient new applications, such as cogeneration or the combined use of heat and power and micro energy technologies.

3. Nuclear energy & clean coal - The cost of electricity generated by nuclear energy is about twice that of other energy sources currently available on the energy market. This edition, combined with public opposition, has almost halted new construction around the world. Private investors are not willing to throw money seriously into nuclear energy. Although nuclear energy is still an important energy source in large countries today, it has its risks. The nuclear fission process still causes the production of harmful radiation. Research is being conducted in an intensive manner to generate energy through nuclear fusion. Major breakthroughs have recently been achieved in the search for this abundant and clean energy source. It will probably take another 20 years for the first nuclear fusion plants to be built in different countries. It takes another 30 years for these fusion plants to be seen on a global scale.

4. Renewable energy: petroleum first emerged in niche markets and then grew rapidly. wind and solar energy do the same and grow double-digit worldwide. This is mainly due to the dramatic fall in costs associated with the production of energy by wind turbines and solar panels. It takes another 20 years for renewable energy sources to become available to a large proportion of the human race.

In general, the prospects for the availability of clean and cheap energy sources look good. Major investments are being made to develop the technology and energy sources of clean and cheap energy.