The Current Demand For Energy - 1237 Words

ntroduction Europe experienced two energy crises during the 1970s, which led to escalating demand for energy resources (specifically, oil) that could not be adequately supplied (Bonny, 1987; Donatos Mergos, 1989). This led to a decrease in economic activity that reflected as a decrease in the demand for energy in the form of oil. Alternative energy sources needed to be considered in order to maintain the economic activities of society without further depleting the natural resources. Besides these crises in the 1970s, Greece had shown a remarkable ability to adapt to energy crises experienced in the 5th Century BC (Donatos Mergos, 1989; Botkin Keller, 2012). The current demand for energy is akin to the â€Å"perception of crisis that preceded the 1973/74 oil price shock as rapid economic growth in the 1960s challenged energy industry’s ability to expand capacity† (Lynch, 2002). Following the downturn in the global economy, the demand for energy is anticipated to increase in the coming years as the world strives towards a better economic position. This potential increase in demand will place increased pressure on existing sources of energy supply. â€Å"South Africa has a high projected future demand for electricity† (Banks Schà ¤ffler, 2006). As such, there is a revised focus on renewable energy to meet part of this projected demand. Besides the projected increase in demand, renewable energy sources should be considered to reduce reliance on fossil fuels to produce electricity.Show MoreRelatedThe Current Demand For Energy1238 Words   |  5 Pages1. Introduction Europe experienced two energy crises during the 1970s, which led to escalating demand for energy resources (specifically, oil) that could not be adequately supplied (Bonny, 1987; Donatos Mergos, 1989). This led to a decrease in economic activity that reflected as a decrease in the demand for energy in the form of oil. Alternative energy sources needed to be considered in order to maintain the economic activities of society without further depleting the natural resources. BesidesRead MoreThe Current Demand For Energy1224 Words   |  5 Pages1. Introduction Europe experienced two energy crises during the 1970s, which led to escalating demand for energy resources (specifically, oil) that could not be adequately supplied (Bonny, 1987; Donatos Mergos, 1989). This led to a decrease in economic activity that reflected as a decrease in the demand for energy in the form of oil. Alternative energy sources needed to be considered in order to maintain the economic activities of society without further depleting the natural resources. BesidesRead MoreCurrent State Of Fuel And World Energy Demand1610 Words   |  7 Pages Current State of fuel World Energy Demand Post 18th Century Industrial revolution has created a dependency on fossil fuels such as coal, oil and natural gas for all technological and transportation demands that engineer modern society. However. Such demands, and even their expected future demands threatens the overall worlds energy supply and generates large strains on the environment. The Hydrogen economy article published by Physics Today in December 2004 anticipated that the world energy demandRead MoreNuclear Power Supplies A Significant Part Of Current Energy Demands1556 Words   |  7 PagesMOX Title Background: Nuclear power supplies a significant portion of current energy demands. One of the newer advances in nuclear fuel is Mixed Oxide (MOX) fuel. MOX is a mixture of UO2 and PuO2. Both of these starting materials can be recovered from spent traditional nuclear fuel [1]. As such, MOX provides a method for reducing waste generated during the operation of a nuclear reactor. MOX fuel is currently in use in Europe, Russia and Japan [2]. The United States is in the process of developingRead MoreEnergy Crisis : Individual Research Briefing1629 Words   |  7 Pages Tasmanian Energy Crisis Individual Research Briefing Paper Haya Daghlas | ID: 785864 | 19 September 2016â€Æ' Executive Summary 300 Words Table of Contents Executive Summary 2 1 Introduction 4 1.1 Background 4 1.2 Purpose and Scope 4 1.3 Client 4 1.4 The Structure 4 2 Meeting the current energy demand 5 2.1 Findings 5 2.1.1 Energy Capacity and demand in Tasmania 5 2.1.2 The Tasmanian Energy Crisis 6 2.1.3 Temporary response 6 2.1.4 The Tamar Valley Power Station (TVPS)Read MoreDesign The Electrical Services For The Proposed Country House1375 Words   |  6 Pagesrequirements †¢ Circuit diversity and total current demand †¢ Power supply type and capacity of the distribution board †¢ Cable types, sizes and routes †¢ Voltage drop and thermal conditions in each circuit †¢ Earthing details 4.1 – Load requirements With regards to the system design of this building appropriate assumptions have been made, such as that the building has a gas supply therefor has gas central heating. The load requirements has been calculated based on the demand in W, per appliance as stated in theRead MoreRenewable Energy Is Not The Answer978 Words   |  4 PagesRenewable Energy Is Not the Answer Renewable Energy is defined as: a renewable natural resource or source of energy, such as water, wind, or solar power (Oxford English Dictionary). There are those that believe that our nation should abandon the use of fossil fuels such as oil, natural gas, and coal, and switch to renewable energy sources. Although the change could yield many benefits, I believe that renewable energy is a not viable alternative for our nation’s energy future because it would createRead MoreRole Of The Systems Approach For The Water1199 Words   |  5 PagesApproach for the Water – Food – Energy Nexus The role of the systems approach when dealing with the water, food, and energy nexus is to understand and depict the interconnections between all parts, to ensure the parts are divided equally, and that the sum of all parts equals the whole. By focusing on just one part, for instance water - trying to make the heating of water and the extraction of water better, you can actually be causing more issues at the expense of the energy sector. According to theRead MoreThe Development Of The Energy Sector1537 Words   |  7 PagesMuch like other sectors, the energy sector is constantly faced with challenges. Companies and governments are constantly looking to sources to provide secure access to guarantee that demand is met. The World population is hovering around the 7 billion mark making the demand for secure access a critical challenge. This requires a long-term balancing solution while satisfying short-term needs. Researchers and other specialists monitor trends in the industry, as well as, rules and regulations setRead MoreThe European Union1345 Words   |  6 PagesThe European Union is committed to some of the boldest renewable energy goals of at least 27% of final energy consumption by renewable sources by 2030. While this goal is in part environmentally motivated with commitments to climate change in mind, it is also politically motivated; Europe is currently heavily dependent on natural gas for its energy ne eds, with much of this natural gas imported from Russia. This arrangement puts Europe in danger from blockades and economic pressure from Russia. The