Electricity consumption could well increase six-fold over the course
of this century as all the world’s people strive for first-world living
standards.
Even if this foreshadows electricity replacing oil and gas in transport
and other markets, the outlook for greenhouse gas emissions is ominous
indeed, unless this electricity can be derived from primary energy sources
without consequential greenhouse gas emissions.
Society would prefer that primary sources used be renewable.
Is this possible, and if so, what has to be done to bring this utopian
vision about?
This paper attempts to forecast the extent of the world’s reliance
on its available energy sources, fossil, nuclear and renewable, through
the span of this century. A model based upon the Experience Effect
is applied to forecast how the relative shares enjoyed by these sources
might shift in light of current constraints and what, if anything, needs
to be done to ensure the world frees itself of concerns over global warming.
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