Globally the power
generation industry is changing and transforming as it adapts to a number of
new conditions. Demand for energy is as strong as ever and only expected to
grow, whilst at the same time countries want carbon emissions to drop
substantially. How the industry meets this challenge remains one of the great
technological problems of the next decade.
Key Highlights from the
report -
Renewable adoption is strong, plenty of challenges remain however.
Nuclear power is making a resurgence, new technology is coming.
China is now a dominant factor in global energy production.
Liquefied Natural Gas is changing global power generation.
Renewable energy growth is
very strong, but there are plenty of problems which might limit some of the
technologies in future. Nuclear power is beginning to recover and there are
some great opportunities on the horizon, but overall nuclear might be a
difficult sell at present. China is now the leading player in most energy
market types, its domestic decisions driving the direction of the world
economy. LNG is booming as a cheap energy source that doesn’t require a
pipeline, but just where does that fit into a low carbon energy system of the
future.