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Download - Hitachi Power Europe GmbH

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Development Costs Energy<br />

Given rising populations, a growing economy and new products – no development is<br />

possible without energy. And it is principally electrical energy – that is power – which<br />

is needed for the production and transportation of merchandise, products and services.<br />

Competitive economic systems rely on a healthy mixture of various fuels and a raised<br />

level of energy efficiency. Most of the electricity is generated in the world by fossil<br />

fuel-fired power plants – after all, they are tried-and-tested, reliable under continuous<br />

operations and economical to run. In particular, the latest generation of coal, lignite and<br />

gas-fired power plants ensure that environmental pollution is kept well down. An added<br />

plus: fossil fuels, such as coal and lignite, are available for supply in many politically and<br />

socially stable countries and their reserves will last for literally hundreds of years.<br />

DEVELOPMENT OF COAL CONSUMPTION (in million tons)<br />

3,646<br />

World 5,522<br />

China<br />

1,317<br />

2,543<br />

India<br />

279<br />

504<br />

OECD*<br />

1,451<br />

1,735<br />

1995 2007 *30 primarily Western industrial countries<br />

Source: IEA, estimated figures for 2007<br />

Currently, the world has a population of approx. 6.8 billion people. The world’s population<br />

has doubled within the last 50 years and will continue to increase. Moreover, a<br />

quarter of mankind is still without electricity. For this very reason electricity consumption<br />

is set to rise more rapidly than all the other forms of energy consumption. Experts expect<br />

a doubling of electricity requirements by 2030. Hence, the challenge facing companies,<br />

the political world and society in general is quite clear: everything must be done to<br />

ensure that energy is generated sustainably, reliably and economically.<br />

THE SHARE OF COAL IN THE GENERATION OF ELECTRICITY (%)<br />

Poland<br />

Australia<br />

China<br />

India<br />

Czech Republic<br />

USA<br />

50<br />

Germany 47<br />

59<br />

69<br />

80<br />

78*<br />

93<br />

Source: IEA, all figures for 2006 except * for 2005<br />

8

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