Energy Today

Are we in the dark about the light of our world?

The world is facing a major Energy Crisis and the outlook for the next 20 years is shocking. Slowly but surely the light in our life is ebbing away to darkness. There are various factors that add up to this energy crisis. To think of a solution, one must be able to clearly illustrate the magnitude of the problem. The factors mentioned here form the broad framework of the predicament.

ELECTRICITY SHARE

• Power generation accounts for 47% of increase in global energy demand by 2030.


• Among all major end-use energy sources, electricity is projected to grow most rapidly by 2.6% per year as against the 1.6% growth of primary energy demand.


• Coal sees the biggest increase in demand closely followed by oil.

(Source: World Energy Outlook, 2006, International Energy Agency) *OECD – Organisation for Economic Cooperation & Development