Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Carbon Cuts Require Big Shift by Power Industry

Need time to transition to a low-carbon energy, and requires a major change in the power industry, a new study says.
REUTERS / Jose Manuel Ribeiro
IHS Cambridge Energy Research Associates and the World Economic Forum's study focused on the challenges brought about by the transformation of the energy and other renewable energy, as the world's energy transition, the first attempt to actively promote. IHS CERAWeek in Houston on Tuesday.
Major changes in the industry, it is necessary to achieve this transformation, the study says.
(Read more: Buffett Cramer - "real money" to spend the NatGas track conversion)
Wind, solar and biomass, the energy density than other sources of geographic dispersion. This will require a system based on local production, requires a lot of investment in the power transmitted to where it is needed.
Another challenge faced by the power industry is the variability of wind and solar power. Generators, in order to compensate for these sources, and backup.
As of now, 87% of the world's total energy demand by oil, coal and natural gas. Nuclear power accounts for 5%.
(Read More: U.S. oil and natural gas and prosperity requires a lot of surprises)
Renewable resources, wind, solar, geothermal, biofuels and other non-hydro renewable resources accounted for 1.6% of the world's total energy, but their use is increasing rapidly.
"Although the overall consumption growth, low-carbon and carbon-free source share also increased significantly, there will not be much different from what the energy structure in 2030, Daniel Yergin, IHS vice chairman said, statement. 2030, innovation and R & D, as well as the prices and the impact of government policies, will have a growing influence and change the mix. "
The study pointed out that, since the start of this century, the deep concern of climate change, and the ever-increasing demand for energy, particularly in developing countries. About 1.3 billion people have no access to modern energy.
(Read more: Obama Cabinet Picks whether climate policy)
"The general assumption is, we will tend to renewable energy dominated the world, said:" Roberto Boca, senior director of the energy industry, the World Economic Forum's person in charge.
, But surprisingly, this shift will be different than the proportion in the energy mix from fuel, like from wood to coal, Boca said in a statement. "In the future, we will see what rather than from some of the energy of many energy sources, from a diversified energy structure, a diversified energy structure will be a transition. '
 



Other News:
Carbon Cuts Require Big Shift by Power Industry
Optimistic India budget jars with revenue reality
Syrian rebels report capture of provincial capital
'Giant Slayer' scares up ho-hum $28 million debut
Obama to tap Walmart's Burwell for budget chief
Glencore bartered with firm linked to Iran nuclear program
Nigeria, Dubai, Iceland: All Better Bets Than US
Exit polls: Swiss OK tough limits on bosses' pay