Modern Lifestyle Is Completely Dependent On Reliable Energy Supply

Most of the energy that we use comes from fossil fuels like petroleum and coal that provide electricity and gas to power our growing energy needs. These fossil fuels, currently providing most of our home energy needs are finite resources, which mean that, they will eventually run out. Furthermore, the world’s population is growing rapidly. Countries are becoming more industrialised and are using notable amount of energy. Individuals are consuming nearly twice as much as energy as they were using 30 years ago. In Australia itself, the total amount of energy consumed by households has increased over the past two decades and is forecast to increase. This could be due to the dependence of our standard of living on easily available energy. Between

The stage for a deeper integration of Renewable Energies in the UK was set by a number of these policies which has evolved over the years. These policies however were not delivering maximum efficiency when compared to other policies in other European countries. For instance, the inefficiency of some of the policy mechanisms when compared to those obtainable in Germany had been severally argued. The Energy White Paper 2003 was largely a response to the future of the UK Energy industry drawing from the failures of these past policy implementations.

The objective of this paper is twofold. First, we introduce the modern condition of Canada’s energy consumption and the economic benefits. Second, we define and analyze the projections of Canada’s future with respect to the renewable energy frontier. The demand for Energy across the globe has drastically increased since the Industrial revolution. From coal to steam, all the way to electricity and nuclear energy, modern economies and industries rely on sustainable sources of energy to produce their desired output levels (Zelby 2002). Ontario, and Canada in general are on the frontier of energy production and sustainability with regards to smart grid technologies and so forth (Ontario Energy Plan). Canada specializes in many of the

On the same note, the energy revolution spoken of above brings forth another advance in the ongoing global climate situation. The nature of the Kyoto Protocol calls for nations to increase research and eventually semi-convert their energy usage to accommodate for cleaner energy. Products such as solar power, wind power, biomass, geothermal power, and hydropower are now widely being studying to create processes that use less coal, oil, and natural gas in production. Altogether the results have

Renewable energy has currently become a significant aspect in the countries generation, combination, and a constitution focus of government policy for energy, and environmental protection. As a result of public’s growing responsibility for the environment and constantly binding rules, and regulations of emission in the electric power industry, government has facilitated policies to boost the amount of renewable energy in the electricity generation portfolio. Additionally, the generation of electricity from renewable resources creates insufficient, and frequently, zero emissions of pollutants that comes from traditional fossil fuel production technologies. The additional use of renewable energy aids utilities in their emission agreement obligations. Furthermore, the anticipation of agreement with any future carbon emissions management would further toughen the incentive to move towards cleaner electricity creating technologies (Langwith, 2009).

Continued investment should be encouraged in order to develop the best technology in energy for the future. Continued investment will allow for new and exciting developments that will improve the energy industry in the long run. It will assist the industry in satisfying the growing demand and need for sustainability. There are a number of political and legal factors that are significant to the energy industry. For example, laws and government regulation on energy use could potentially affect the demand for domestic energy and thus lead to a shift in prices. However, with an increase of clean energy use, the demand for energy will not change dramatically due to laws and regulations, instead, the future prosperity of the globe will improve.

Whilst it may seem a “no-brainer” to cease investment in non-renewable power and transfer our effort, resources and investment into developing renewable energy sources, the reality is that we have become so reliant and dependent upon non-renewable energy – particularly fossil fuels – that we must continue to use, develop, and invest in such energy to maintain the living standards that we enjoy today. In our short to medium-term future, and in spite of our ever-increasing scientific knowledge about the environmental price that we pay in using non-renewable energy, we must continue to invest in it. Let me explain why.

Recently, a report by REN21 (Renewable Energy Policy Network for the 21st Century) reported two facts that set the stage for the growth of green energy. First, in 2015, the global economy experienced the largest annual increase of renewable energy; second, developing economies spent more than developed countries on increasing their use of green energy. Another notable fact to mention is that the substantial increase in green energy

Because the energy technology that society employs directly influences the quantity and quality of life, the energy option that is chosen should have the greatest cost- benefit effectiveness as well as maximizing flexibility and purchases. However, those who believe in continuous energy consumption growth, seem to forget that there is only a limited supply of energy in every energy system, and to "overdo" any resource may provide for an unacceptable impact upon global and regional ecology.

Fossil fuels are finite resources and once those are used up we need a way to continue living regularly, as our lives are built upon the ability to harness energy and produce electricity. As technology increases, alternative types of energy have become more and more enticing. Renewable energy is a very controversial topic today and has been around since the industrial revolution. Prior to the Revolution, which started in Britain in the late 1700s, manufacturing products was often done through the use of hand tools or basic machines in people’s homes. From the 18th to 19th centuries industrialization marked a shift to powered, specialty machinery, factories and mass production, all of which are used today to help with the processing of renewables.

In the mid-1960s, sources of natural gas were found in the North Sea. By the 1980s, although coal was the primary source of electricity in the country, gas was seen as the cleanest, cheapest and most reliable source of energy available (Bradshaw, 2012, p. 7). However by 2005, North Sea production dried up and the UK was once again dependent on foreign gas imports. In 2009 imports from foreign states supplied almost half the UK’s energy needs; by 2020 this is expected to rise to between 80 and 90 percent. In 2011, the demand for gas reached 37% (Taylor, 2013, p. 109). Thus like many other countries in the EU, today the UK is debating the costs of importing energy from overseas and the importance of energy security. There

Over the past decade, energy has brought social, economic and environmental advantages and played a major role in the urbanisation and industrial revolution. However, after the uncontrollably frequent use of these energy sources, depletion of these energy sources also became a major concern which brings about its own economic, social and environmental disadvantages. Of a particular concern is the availability of these energy sources which affects both industry and the lives of the consumers.

Currently, new investments in low-emissions generation does not costcompetitive with the current generation (which high initial capital costs now sunk). This, along with the ability to excess supply in the NEM and barriers at the exit of the current generator, which means that the current generators can operate for some time. This means that there is an incentive to invest in reducing emissions of new (or any other) generation of electricity. There is a need for a policy to limit emissions intensity of the display. RET and accelerate deployment of renewable electricity generation. This can increase the acceleration of policies that create a low emissions generating additional demand. It is important that policies and incentives, stable, due to the long life of power generation assets. Deployment of low-emissions technologies, such as geothermal energy and CCS emerging, high risk and capital intensity. There may be a need for public support or policy to make the publication of these financial technologies, unless additional income available source. In addition, technology, price and logistical problems delayed the progress of these special techniques in recent years. As a result, experts from the electricity sector in general, do not expect to contribute significant

The International Energy Agency estimates that by the year 2003 forty percent of the world's energy production will be from sources other than fossil fuels or nuclear power. Nevertheless, the need for

Bilen et al., (2008:1531) predicted that global energy consumption will account for around 85% of the increase in world primary demand over 2002– 2030. The increasing of global energy demand happens the global stock of fossil fuel resources may be adequate for short term period, thus requiring the development of renewable energy sources, which would not decrease the stock of fossil fuel resources available for future generation. There is an increasing interest in the development of renewable energies such as biofuel and wind power, which have a great potential energy to produce enough power for the world’s population demand.