By Irshad Ali Sodhar (FSP)
Outline
1. Introduction
2. What is energy crisis?
3. Share of energy resources in energy supply
a) Non-renewable
b) Renewable
4. World consumption distribution
5. World production distribution
6. Causes of crises
a) Surge in demand
b) Resource nationalism – tighter supply
c) Political uncertainty
d) Lack of diversity
7. Impact of crises
a) Economy
b) Politics
c) Development
8. Environmental concerns
9. Way out: Renewable energy
10. Conclusion
Man is dependent on energy, which has been the key to his rapid industrial growth and technological development. The pace of development after industrial revolution is unprecedented. Just 200 years ago, the world experienced energy revolution that launched the industrial age. The catalyst to this epochal change was ordinary black coal - an energy rich hydrocarbon. A century later, oil and gas were added to satiate the thirst of industry. Man still relies mainly on these fossil fuels.
Nevertheless many other sources of energy: hydro, solar, nuclear, wind, geothermal, biogas and wave have been taped. These sources of energy are not only renewable but clean as well. Since the hydrocarbons are exhaustible and their use also threatens human health and environment; this fact has necessitated transformation from non-renewable energy resources to renewable and clean energy resources so that economic growth could be sustained and environmental degradation could be prevented.
Energy is not only vital for the industry but it is also the life blood of our daily life. The consumption of fossil fuels has increased manifolds due to rapid industrialisation of developing countries like China and India. However, the major proportion of hydrocarbon is consumed by already developed countries like the US, Japan and Western European states. The fossil fuels are also the main source of energy for heating of houses and running motor vehicles