Recently, I came home to find the latest issue of The Economist in my mailbox. As it turns out, this issue was the special “World in 2012” edition, which focuses exclusively on trends to expect in the coming year. As I flipped through the articles profiling different political, economic and cultural trends by country and global region, I stopped on one detailing what’s to come in the energy industry. I found it interesting, and thought you might too. As such, here are the findings from The Economist (and my associated musings…): continue
As we look to the future of our energy landscape, signals increasingly seem to point to a dynamic reworking of the face of energy. Here are just a few indicators warning of markets primed to shake up conventional wisdom.
Politicians and lobbyists are increasingly focusing on energy management and energy sustainability policies. Perhaps the prominence energy played in President Barack Obama’s 2011 State of the Union address is the best indicator of the impact energy is set to have on our political, social, and economic futures.
President Obama’s energy thesis: “Instead of subsidizing yesterday’s energy, let’s invest in tomorrow’s.”
Signs had been pointing toward much of this investment going toward nuclear power. That is until the recent tsunami caused a potential nuclear plant meltdown threat in Japan. Now, voices are being raised on both sides of the debate: continue
The Energy Information Administration (EIA) takes a look at how the energy environment has evolved since 1775. The scope is a bit more than most people generally look at, but it is nonetheless interesting to see.
It’s also interesting to see these numbers in comparison to the early release of the 2011 Annual Energy Outlook (AEO2011) with consumption projections out to 2035 (Figure 1). With the recent focus of this blog on nuclear energy, it felt like a pretty good topic. As seen by the figure below, nuclear energy since around 1970 has witnessed quite a bit of growth in consumption. However, that growth has somewhat leveled out lately and is expected to continue in a level pattern through 2035. In fact, of the five sectors shown, nuclear generation is expected to witness the least amount of growth at 9.5%. Conversely, at just under 30%, hydroelectric generation is expected to see the strongest growth. continue