Monday, July 6, 2015

Is Energy Shortage Really the Problem?

Many countries around the world have been facing energy challenges that have been hampering the growth of their economies, and bringing unspeakable social and economic suffering to their residents and industries.

These countries often attribute the crisis to an insufficiency in energy supply, but industry experts think otherwise. They say that if we were only able to capture and use the energy from just two minutes of sunlight, it would be sufficient to fuel everyone’s cars, light and heat buildings and provide for all other electricity needs for not less than an entire year. They retain that the world is not facing an energy supply shortage – what it is up against is a technical challenge in capturing energy and delivering it to consumers.

A large part of today’s energy challenges can be attributed to energy utilization – from conflicts over fuel supplies and uncertainties about environmentally harmful emissions, to lost productivity and output owing to load shedding and persistent power outages. In many of the most depressed areas of the world, the lack of electricity reins in economic progress. Around the world, more than 1.3 billion people have no access to reliable electricity, and more than 2.5 billion does not have modern cooking facilities. Out of these, more than 95% resides in Sub-Saharan Africa, the Indian Sub-Continent and developing Asia.

Industry thought leaders retain that the global energy crisis is exacerbated by the observed lack of innovation, particularly towards efficient electricity delivery. A study by the Lawrence Livermore Laboratory of the United States government revealed that more than 60% of the energy the world uses was lost between the time it was generated and the time it was consumed. This fact, the research added, could be ascribed to inefficiency in converting fossil fuels to electricity, losses during transmission and consumer behavior.

Industry experts believe that innovations in waste elimination, pollution reduction and broadening of access to energy the world over can very well alleviate the present situation. They call on industry stakeholders to develop energy boosting technologies and equipment that can guarantee an efficient delivery of electricity to remote areas that are currently unconnected.

In this light, large-scale rental power plants, among other available energy technologies, may represent an excellent short- to medium-term solution to the world’s ongoing electricity challenges. Modern temporary power plants are infused with the latest technologies that allow them to run on more environmentally friendly fuels, like gas or dual-fuel, that render them not only sustainable but also more efficient.

They are also equipped with state-of-the-art protection systems and engines that make them capable of directly connecting to grid of any site in any country around the world, and of precisely producing the exact amount of electricity needed by any client at any time. For instance, a 100 MW rental power plant has the ability to actually produce 100 MW when the customer calls for it.

As they are compact and containerized, they can be transported from and to any place on Earth, even to the remote, unconnected areas.

They are fully supported, maintained and serviced by the rental power service providers, from installation to decommissioning, so they also provide huge savings to the governments and tax-payers by avoiding large capital expenditure.

It is important to note that while there may exist technologies with enhanced efficiency and optimized electricity generation and transmission capabilities, a large part of the responsibility is still in the hands of the energy users. It is not enough to generate and transmit electricity – to be able to improve the world’s energy situation, the onus to properly and resourcefully utilize electricity is still on us.


Robert Bagatsing
Altaaqa Global
Tel: +971 56 1749505

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