Today’s world population is set to increase by more than ten billion by the middle of this century, and just as that number increases exponentially with each passing year, so will the demand for new energy sources. As a result, the global oil and natural gas supply chain is expandin… ( read full article ) Ai 35m – Vision alight ai 35m – VISION Allianz Global Fuel Strategy sees energy as an essential part of a country’s energy mix. The combination of well-oiled machinery and skilled workers makes working with natural gas safe, cheap and efficient. Less than 15% of the world’s coal use comes from non-hydrocarbon sources such as coal plants but most of it comes from hydropower plants. The combination of these factors makes natural gas safer, more cost-effective and less likely to have a negative environmental impact than oil or coal. Read on discover more about Ai 35m – Vision ai 35m – VISION Allianz Global Fuel Strategy ai 35m Vision Allianz Global Fuel Strategy outlines 5 pillars that drive its strategy. It also shares its best practices to accelerate the globalisation of energy supply chains by 2020.
Energy Efficiency and Conservation
One of the most important aspects of any energy strategy is energy efficiency. The growth of energy-efficiency practices in the home and office can have a significant impact on carbon emissions, energy bills and other expenses. Simply installing a switch on the wall or installing electricity appliances with low volts will increase electricity demand by up to 50% while increasing carbon emissions by up to 10%. If domestic energy efficiency is not a part of your energy strategy, it will have a large bearing on your carbon emissions and bills.
Climate Change Mitigation
One of the most important aspects of any energy strategy is climate change mitigation. As the amount of carbon in the carbon-based liquids in our food and other products grows, so does the need for carbon emissions to run through systems that produce these products. Natural gas is one of the most efficient fuels available in the Market research shows that most people are at least moderately emissions-aware and generally want to reduce their carbon emissions from sources such as homes, businesses and other sources of energy. But for good causes such as climate change, efficient use of gases that produce electricity and air pollution may become too attractive an option. Open-source analysis shows that burning natural gas can increase carbon emissions by up to 50% compared with burning oil and coal and can add as much as 10% to the total carbon emissions.
Realigning Production and Transmission Systems
Another important aspect of any energy strategy is finding new ways to run more power plants. Natural gas is a more efficient option than oil or coal because it produces electricity at a low but consistent rate. But these energy sources have their limitations. The more power plants that use natural gas, the more costly it will be to build and the less access it will have to other fuels. In turn, these higher costs will have an impact on energy bills, costs for utilities to build new plants and other expenses.
Advancements in Nuclear Safety and Discrete Generation
One of the most important aspects of any energy strategy is the advancement of nuclear safety and security. As more people take advantage of the fact that power plants produce no carbon emissions, efforts will be made to reduce the risk of catastrophic failures, meltdowns and subsequent nuclear fallout. In addition, strategies will be developed to deal with the increasingly common problems caused by cyber attacks and other types of WMD activities. Moreover, more and more people will be relying on online banking and other distributed financial systems to conduct business across the globe.
The leading edge of technology is now moving towards scale. This means that businesses can scale up their energy production and use it to power their needs in the future. This also means that we will have to begin taking better care of our natural resources. Resin production will become less important, as demand for this is expected to increase greatly. Also, the conversion of non-renewable resources like forests and other grasslands into farmland and then the skyscrapers that we see today will become less necessary. With these developments comes an increased awareness among the global population concerning the importance of energy production and conservation. These trends are expected to further expand in the years to come, and the future of energy is set to be shaped by these developments.