Affiliation(s)
1. Ageno School of Business, Golden Gate University, San Francisco, California 94105, USA
2. Business Analytics School
3. Galaxy Advanced Engineering, Albuquerque, New Mexico 87111, USA
4. Department/School, National University, San Diego, California 92123, USA
ABSTRACT
It
is impossible to overstate the importance of energy. Just thinking about where
humanity would be without it may be enough to demonstrate this point. Like in
the past, energy will play a vital role in shaping future industries, cities,
nations, and the world. That is why we believe that energy is a critical factor
in shaping future paradigms in any target entity or world. To have a better
understanding of the role that energy plays in the world today and in the
future, in this article, we briefly look at the definition of energy and its
different forms, and review some data related to energy consumption in the
world and the United States. Furthermore, as a source of clean energy, we
believe the future of nuclear power technology, despite the challenges it
faces, is an important option for this country and the rest of the world to
meet future energy needs without emitting CO (carbon monoxide) and CO2 (carbon dioxide), or other GHGs (greenhouse gases), and other atmospheric
pollutants and it is more efficient among its other comparable sources of
renewable energies, such as solar, wind, etc. Globally, renewables made up 29
percent of electricity generation in 2020, much of it from hydro-power (16.8
percent). A record amount of over 256 GW of renewable power capacity was added
globally during 2020 and continues to be the focal point for climate and energy
solutions. Demand for electricity is direct function of population growth
globally and is also driven by the present century’s extraordinary technological
developments.
KEYWORDS
Electricity
demand, energy flow, energy storage, energy grid, resilience system, population
growth, and modern technology.
Cite this paper
References