DECEMBER 20229With a staggering 60 percent of the world's population, Asia Pacific has the fastest-rising regional energy demand in the entire world. The majority of APAC nations today are dependent on fossil fuels but eager to switch to clean renewable sources. In reality, Asia Pacific has recently outperformed Europe and the United States in the use of renewable energy, partly as a result of the rapid expansion of projects in China, India, and Australia. Since wind and solar energy accounted for only around 6.8 percent of the region's overall energy consumption, fossil fuels became the region's main energy source in order to meet the region's requirement for the most effective energy sources in the entire world. In this multicultural region, securing clean, affordable, and sustainable energy is crucial for supporting social and economic development. And although while certain APAC nations have invested in and installed clean energy more slowly than others, the region is expected to take the lead in the deployment of renewable resources in the coming decade, installing about 500 GW of non hydro capacity.World Energy Demand in the Present Times & their Environmental ImpactBy replacing at least a further significant fraction of the use of fossil and nuclear fuels, the accompanying environmental problems would be lessened if renewable energy sources were used on a larger scale than they are now. However, all renewable energy sources have some kind of local environmental impact of their own, ranging from very minimal to severe in the case of the bigger tidal and hydroelectric schemes. The majority of renewable energy sources facilitate various sorts of environmental damage. In the course of operation, almost none of them release liquid or gaseous contaminants. On the other side, there is no issue with reserves running out because renewable energy sources are safe and limitless. With some exceptions, proposed renewable energy sources are local and so cannot be turned off by a foreign power.What Will Happen to Renewable Energy in the Future? Go v ernmen tal goals and objec-tives should be set for the use of renewable energy. These are currently most commonly used in the power sector, but they should also be used in other end-use industries including heating and cooling, industry, and transportation. The electricity system will need to be made more flexible by governments in order to accom-modate renewable energy sources. Non-linear change is a strong force despite the obstacles that must be overcome. Energy sector professionals would be amazed to see how much the cost of renewable energy has decreased and how yearly deployment has doubled if we could travel back in time to a decade ago. In 2030, how horrified will we be? Depending on what we do right now.
< Page 8 | Page 10 >