atw - International Journal for Nuclear Power | 04.2019

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atw Vol. 64 (2019) | Issue 4 ı April

to be built worldwide by 2040. Up to two thirds of the new

construction will be plants based on renewable energies,

with 20 % being gas and 10 % coal capacities (Figure 13).

By 2040, it is expected that around half of the world’s

electricity demand will still be provided by fossil-fired

power plants. According to the New Policies Scenario of

the IEA, in 2040, coal, oil and natural gas will still contribute

75 % to the coverage of primary energy consumption.

In addition, primary energy consumption will increase by

about 25 % by 2040, and the demand for electricity is

expected to grow by even more than 50 % compared to

2017. If this development is realized, then in absolute

terms at least the same amount of fossil fuels will be used

in 2040 as in 2017, both to cover the total primary energy

consumption and also for power generation.

Therefore, to comply with the ambitious climate goals

of the Paris Agreement, broad implementation of the

technology for capturing and utilizing or storing CO 2 is

indispensable, in both industrial processes and also in

power generation. At the Global Summit on Carbon

Capture, Utilization and Storage (CCUS) in Edinburgh on

28 November 2018, the General Secretary of the IEA, Fatih

Birol, said: “Without CCUS as part of the solution, reaching

our international climate goals is practically impossible.”

[9]

The World Energy Council (London) will present new

energy scenarios on the global energy supply prospects at

the World Energy Congress, which will be held in Abu

Dhabi from 9 to 12 September 2019. The central theme of

the congress, which is expected to attract several thousand

participants, is Energy for Prosperity.

Strategy of the Federal Government –

Conclusion

The climate protection policy promises the greatest success

if the instruments are selected in such a way that priority is

given to the most cost-effective approaches of reducing

greenhouse gas emissions. The European Greenhouse Gas

Emissions Trading Scheme is a market-based instrument

which, in principle, ensures this EU-wide for the sectors it

covers, energy and industry. However, technology bans,

such as the legal provision existing in Germany preventing

the capture and storage of CO 2 , are restrictions that

contradict this alignment. This makes climate protection

more expensive, which worsens the prospects of other

countries joining Germany in its ambitious approach to

reducing greenhouse gases.

Author

Dr. Hans-Wilhelm Schiffer

Executive Chair World Energy Resources,

World Energy Council

London, United Kingdom

| | Fig. 10.

Static range of non-renewable energy reserves in years.

| | Fig. 11.

Drivers for investment in worldwide energy supply in trillion (10 12 ) USD (2017).

| | Fig. 12.

Global electricity generation up to 2040 in terawat thours (10 12 watt hours).

FEATURE | MAJOR TRENDS IN ENERGY POLICY AND NUCLEAR POWER 195

| | Fig. 13.

Global new build electricity generation capacities according to IEA's New Policies Scenario, 2018 to 2040.

Feature

The Role of Resources and Reserves for the Global Energy Supply ı Hans-Wilhelm Schiffer

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