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The Global Energy Prize annually honors outstanding achievements in energy research and technology from around the world that are helping address the world’s various and pressing energy challenges.

SYNTHESIS OF ENERGY, ECONOMICS AND ECOLOGY WILL ENSURE THE HEALTH OF THE PLANET

September 19, 2017

Process Industry Match

Decarbonization of energy, investments in clean and new energy sources, as well as the creation of a dynamic low-carbon economy is a new paradigm that will help solve the pressing challenges facing humanity. It is the synthesis of the three "e" (energy, economy, ecology) that will be the decisive factor for the health of our planet, the laureates of the Global Energy Prize and members of the International Award Committee are convinced. They reached this conclusion on September 18, during the VI Global Energy Prize Summit, held at the HQ of the Euronews TV channel.

According to experts who came to the summit, hydrocarbons will continue to play a key role in the global fuel and energy balance for decades to come. Only in the middle of the XXI century a transition to renewable and clean energy sources will be possible. According to the forecasts of the laureates of the award, in the next 90 years the share of solar energy in the world fuel and energy balance will increase dramatically - to 25.5%. It will overtake gas energy (21%). Wind energy will be 12.8%, hydropower 9.4%, nuclear energy 7.4%, bioenergy 5.2%. The development of thermonuclear energy will be significant in the future up to the year 2100. Its share will account for 11.3% of the world's balance. Such a change of priorities in the world energy industry is caused by the growth of anthropogenic environmental pressure on the planet. The warming of the climate system is unequivocal, with the probability of 95% according to more than half of the observed increase of global average surface temperature from 1951 to 2010 was caused by the anthropogenic increase in greenhouse gas concentrations. If current trend continues without serious mitigation of GHG emissions, global mean temperature will be warmer by 3.7 to 4.8℃ and sea level will rise by 45 to 8 cm by the end of the century. It will have wide ranging impacts on life supporting ecosystem through increasing extreme climate related events such as drought, floods, heat waves, wild fires, ocean acidification, that will in turn adversely affect agriculture, food and water security.

The full article is available by the link - http://www.processindustrymatch.com/green/3978-synthesis-of-energy-economics-and-ecology-will-ensure-the-health-of-the-planet

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