| Topic : Roadmap to Energy Security in India |
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Posted in Community :
Energy Professionals
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Source : http://www.iht.com
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4 comments
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last activity : 07 06 2010 20:18:04 +0000
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Recent years and months have seen increasing attention being paid to the issue of energy security. There are a number of concerns and fears such as
* Oil and other fossil fuel depletion (peak oil, etc)
* Reliance on foreign sources of energy
* Geopolitics (such as supporting dictatorships, rising terrorism, “stability” of nations that supply energy)
* Energy needs of poorer countries, and demands from advancing developing countries such as China and India
* Economic efficiency versus population growth debate
* Environmental issues, in particular climate change
* Renewables and other alternative energy sources
Energy insecurity combined with other global issues risks fueling conflict, repeating past mistakes in history. When consumers talk about energy security, they mean assured supply, free from interruption, at low prices. They urge Russia and SaudiArabia to invest in rapid expansion of production in the hope that this will trigger significant declines in prices. They seek to bring Russia's pipeline network under international rules that willprevent any use of oil and gas supplies as a political weapon.
For producers, energy security means principally securityof demand. From their perspective, high prices equal more income andmore valuable reserves. They worry about overinvestment in new capacitythat could cause sharp price declines as occurred in the 1990s.
Russia being the largest supplier wants to be known as a reliable supplier -indeed, the mostreliable supplier - in order to discourage consumers from pursuing alternatives. But to the extent that it can create dependencies in ways that provide potential political leverage,this is not an unintended by product.
The best hope for useable results in St. Petersburg lies in the nuclear arena. Here the central truth is that for peaceful nuclearenergy to prosper, dangerous atoms must be effectively secured.
Despite environmental concerns, “demand for nuclear power plants is on the increase, and the International Energy Agency estimates that more than $200bn will be spent by 2030 on harnessing the atom for energy output”, notes the BBC. As an example, by 2050, India expects to have 25% of its energy provided by nuclear power, compared to the current 3%, according to another BBC article.
So we can predict the future is nuclear....the best alternative...
* Oil and other fossil fuel depletion (peak oil, etc)
* Reliance on foreign sources of energy
* Geopolitics (such as supporting dictatorships, rising terrorism, “stability” of nations that supply energy)
* Energy needs of poorer countries, and demands from advancing developing countries such as China and India
* Economic efficiency versus population growth debate
* Environmental issues, in particular climate change
* Renewables and other alternative energy sources
Energy insecurity combined with other global issues risks fueling conflict, repeating past mistakes in history. When consumers talk about energy security, they mean assured supply, free from interruption, at low prices. They urge Russia and SaudiArabia to invest in rapid expansion of production in the hope that this will trigger significant declines in prices. They seek to bring Russia's pipeline network under international rules that willprevent any use of oil and gas supplies as a political weapon.
For producers, energy security means principally securityof demand. From their perspective, high prices equal more income andmore valuable reserves. They worry about overinvestment in new capacitythat could cause sharp price declines as occurred in the 1990s.
Russia being the largest supplier wants to be known as a reliable supplier -indeed, the mostreliable supplier - in order to discourage consumers from pursuing alternatives. But to the extent that it can create dependencies in ways that provide potential political leverage,this is not an unintended by product.
The best hope for useable results in St. Petersburg lies in the nuclear arena. Here the central truth is that for peaceful nuclearenergy to prosper, dangerous atoms must be effectively secured.
Despite environmental concerns, “demand for nuclear power plants is on the increase, and the International Energy Agency estimates that more than $200bn will be spent by 2030 on harnessing the atom for energy output”, notes the BBC. As an example, by 2050, India expects to have 25% of its energy provided by nuclear power, compared to the current 3%, according to another BBC article.
So we can predict the future is nuclear....the best alternative...
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4 comments on "For energy security, think nuclear"
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Commented by
Amar Nath Mukherje, Top Management, Synergy Power
| 03 22 2010 05:35:02 +0000
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Cyril, QA/QC Manager QA/QC
| 02 22 2010 05:15:19 +0000
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Cyril, QA/QC Manager QA/QC
| 02 22 2010 05:14:58 +0000
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Hardik Patel, Team Lead (Staffing and Recruitment), Rishabh Softwares Pvt. Ltd. / Rishi Infotech Pvt. Ltd
| 07 22 2008 15:09:54 +0000
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