Renewable Energy Mix for Global Development
July 1, 2013
The work of content is the continuous flow of information. The energy sector is not void of this massive data surge. The importance of critical analyses allows the convergence of data to be extrapolated for deeper meaning versus what is trending. What is trending may or may not have long-term application or be determined differently within a larger context. The renewable energy market is not trending but in the short-long-term will have deeper impact as the energy mix is better defined and embraced. New research has slated “Renewable energy use gaining worldwide: IEA” by 2016 as natural gas slows for new openings in the energy mix.
Channel News Asia reports on the International Energy Agency (IEA) said in a “report that in 2016 renewable energy will overtake natural gas as a power source and will be twice that of nuclear, and second only to coal as a source of power” said IEA Executive Director Maria van der Hoeven.”
“The growth of renewables – non-fossil fuels like hydropower, wind, solar, geothermal and bioenergy – has been bolstered by increased competitiveness compared with conventional energy, the IEA said. The sector is growing especially fast in China and other developing and emerging countries.”
The deeper context is that in the energy mix varying energy roles will become more viable as need arises or planned production is driven by sustainability. The innovation will be driven by the developing nations determining how to build power within their resources.
“The IEA said non-hydro renewable power, mainly wind and solar photovoltaics, is projected to grow from 4 per cent of all power generation in 2011 to 8 per cent in 2018. IEA, an institute backed by major energy consuming countries, cautioned that the continued growth of alternatives to oil, gas and coal faces important challenges.”
The high energy demand nations such as, the U.S. are focused currently on engaging on energy capture in natural gas and shale production to the compromise of other alternatives. The global stage will focus on renewables as oil and gas are trending down and other alternatives are pursued to derive an energy plate.
Further, legislation has to deliver upon its promises for the next three to five years that will then fall off to lead to new policies incorporating new opportunities to drive the need and satisfice the gap. In this stage of new legislation energy mixes started within the utilities will resurface that were previously set aside to gain the biggest short-term profit with the least investment. New government regulations will drive renewable development and the next new-new thing.
“These include uncertainty about long-term government policies that discourages investment; reduced subsidies in some countries due to economic problems; and tough competition from other energy sources, such as the United States, where a boom in shale gas has made that fuel more competitive.The report listed several examples where increased competitiveness have propelled renewable energy, such as Brazil, where onshore wind competes well with new gas-fired plants, and Australia, where wind is cost-effective next to new coal- and gas-fired plants with carbon pricing.”
Legislation as much as the lack of understanding on change is more the delicate issue to contend; therefore, subsidies are vital. The role of subsidies is important no matter the legislation to keep an open portal for innovation active. Subsidies and not roll backs support all sides of the aisle to advance new intelligence while legislation changes take place.
Further, consider, the global developments that will become benchmarks for oil and gas nations. The increased production of wind specifically, “Onshore wind costs are close to competing with new coal-fired plants in South Africa. OECD countries are expected to remain an important source of renewable growth, including Japan, which has enacted aggressive financial incentives to boost solar production.”
The opportunity in the global construct is to collapse the content to derive the energy opportunity leveraging energy capacity within technology nexuses for networks, data migration and communication. Further, water is the primary factor to the energy mix for support, processing and stability. The balance of resources in a carbon managed developing environment is relevant to the plan. Energy mixing is the probable state of being to determine capacity, optimal solutions to meeting demands within intermittent energy while developing fail safe secure clean energy alternatives as decommissioned plants are replaced by new facilities.
- Renewable energy use ‘gaining worldwide’ (bigpondnews.com)