GLOBAL ENERGY SECURITY IN THE 21ST CENTURY

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Published: Jan 1, 2004
DOI: https://doi.org/10.12681/bgsg.16645
Τερέζα Φωκιανού
FLOW AE
Abstract

There is no doubt that the world's need for oil and gas will continue to increase for the next two decates. In 2000 fossil fuels supplied 90% of global energy, with crude oil accounting 40% of the total, natural gas 25%, coal 25%,nuclear energy 7% and hydro-electricity 3%.But fossil fuels are exhaustible resources. Energy experts believe that the future global oil supplies will meet demand until global oil production has peaked between 2005 and 2013 causing a serious energy shortage 4 to 5 years later this. Globa1 community has to be prepared to face the coming energy crisis. Perhaps, under a global scenario of rising prices, a new stable energy mix could be achieved with massive conservation, alternative fuels and energy efficiency improvements

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  • Energy Resources
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