ENERSEL ENGINE HAS A SOLUTION
In an era of increasing concern over waste
management, energy sourcing, security of supply, greenhouse gas emissions
and hydrocarbon substitution, and where aggressive targets have been set for
greater use of renewable energy, there are increasing opportunities for low
carbon project delivery companies to address.
BloombergNEF's "New Energy Outlook 2018 Report" forecasts that global electricity demand will increase from its 2017 level of 25,000 terawatt-hours to around 38,700 terawatt hours by 2050.
The World Bank
estimates that population growth and urbanisation will result in annual solid
waste generation increasing from a 2016 level of 2.59billion tonnes to
3.40billion in 2050 - in low-income countries, volume is expected to triple,
reaching in excess of 11million tonnes per day by 2100.
Approximately 20% of the world’s population lacks access to electricity, and some 40% are without clean cooking facilities. More than 95% of these people are either in sub-Saharan Africa or developing Asia.”
In transition economies, distributed generation projects can provide the catalyst for the creation of off-grid local power generation hubs around which to develop rural electrification strategies, modern sanitation and localised waste treatment facilities, etc.