By 2020, the world will most likely face three vital trends that could impact on the way we generate and consume energy. The most significant trend will probably be the increasing environmental concerns across the world that forces the government to reduce their reliance on oil to generate energy. This is followed by the increasing hunger for energy from more developing or even undeveloped nations. Furthermore, the current renewable technology may also be improved and expanding at an exponential rate across the globe by 2020, making more renewable energy such as solar and nuclear energy replacing energy generated from oil. Under such circumstances, Singapore may face with various challenges but it is also a golden opportunities for Singapore to achieve sustainable economic growth and enhance its energy security.
Analysis of the mega trends
Environmental concern over producing energy from oil may be magnified a few times from now to 2020. This is probably a result of environmental education in school and increasing media coverage over the potential environmental impacts from the burning of fossil fuels. Even in a primary school’s textbook, we may see information such as the burning of oil to generate energy will lead to the melting of ice at two poles. When this group of people grow up six years later, it is not hard to imagine that they will demand much more from their governments, especially democratic governments, to impose measures to protect the environment by minimising the burning of fossil fuels. Unlike today’s governments in which they focus more on the interest of gigantic oil companies and MNCs (multinational corporation), governments may need to look at the interest of both groups of people six years later...
... middle of paper ...
... our country. In addition, we may also explore the opportunity of building a nuclear power plant in remote distance to ensure future energy security.
Singapore may face many challenges due to its limited land space and lack of natural resources. We may need to focus on two directions to ensure energy security and economic growth in 2020. The first is to invest heavily on renewable technologies to meet the worldwide demand for renewable energy. The second is to increase the scale of renewable energy to meet the potential shortage of energy supply.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Introduction: As part of the Kyoto Protocol international efforts to combat climate change have seen signatory nations commit to limit and reduce greenhouse gas emissions through a variety of mechanisms (United Nations Framework Convention on Climate Change 2008). The Australian government as part of its commitment to the Kyoto Protocol implemented the Renewable Energy Target (RET) scheme that would see a minimum 20 per cent of Australia’s electricity supply being delivered through renewable sources by the year 2020 (Australian Government: Department of Climate Change and Energy Efficiency 2012).... [tags: Energy ]
1566 words (4.5 pages)
- As part of the Kyoto Protocol international efforts to combat climate change have seen signatory nations commit to limit and reduce greenhouse gas emissions through a variety of mechanisms (United Nations Framework Convention on Climate Change 2008). The Australian government as part of its commitment to the Kyoto Protocol implemented the Renewable Energy Target (RET) scheme that would see a minimum 20 per cent of Australia’s electricity supply being delivered through renewable sources by the year 2020 (Australian Government: Department of Climate Change and Energy Efficiency 2012).... [tags: Alternative Energy]
2245 words (6.4 pages)
- In China, nuclear power has all along received a considerable amount of attention from the government and this is mainly because nuclear power is known to account for a minor though rapidly growing portion of the entire mix of electricity in the country. Nuclear power in China has a very important role and most particularly in the coastal region where the economy can be seen to develop in a very fast rate. At the close of the year 2009, the representation of nuclear power in China was at one percent of the entire capacity of 950 GW, which is installed in China.... [tags: Nuclear power, Energy development]
1498 words (4.3 pages)
- The secrets that are held within our hearts always find a way to express themselves. This is true of every individual. Our secret desires and experiences show themselves little by little through our dreams, our personalities, and even through our hobbies. This is a partial description of Sigmund Freud's theory of the unconscious mind. What secrets are being expressed in Margaret Atwood's short story which is called Death by Landscape. How are these secrets manifesting themselves through the story.... [tags: Death By Landscape, Margaret Atwoon, Freud]
1021 words (2.9 pages)
- International Economics of Renewable Energy Energy is a critical component for every economy and society around the world. Energy is divided into two groups, nonrenewable (coal, oil, natural gas, and nuclear) with a finite amount found around the globe and renewable (hydro, tidal, solar, wind, geothermal, and biomass) that are constantly being replenished so that they will never run out (Green Energy Choice, 2011). The international economic impact of renewable energy is explored by examining subsidies, strategic policies, and comparative advantage of renewable energy.... [tags: Energy ]
1861 words (5.3 pages)
- The UK has a constantly increasing energy demand; rising population in the UK and, since industrial revolution in 19th century, technological advances have rendered older “fuel-less” technologies obsolete. Where the UK sources its own energy from is becoming increasingly significant as indigenous energy reserves diminish, not to mention the implications of “peak oil” of worldwide resources. Figure 1 UK Energy Demand Variation 1970-2001 (DTI, 2001) Figure 2 UK Energy Mix 1990-2006 (Dukes, 2008) Figure 1 displays the variation of the UK energy supply a period of 16 years.... [tags: Energy ]
1763 words (5 pages)
- “Title” Every day the United States uses massive amounts of energy. Only about 8% of the United States’ energy needs are met by renewable energy sources. That means that eventually 92% of the nation’s energy resources will run out. Recently this problem has been brought into the public’s eye and the American people’s attention has shifted to renewable and “green” energy resources. President Jimmy Carter (1977) said that “[w]ith the exception of preventing war, this (the energy crisis) is the greatest challenge our country will face during our life time” (p.... [tags: Energy ]
1354 words (3.9 pages)
- Renewable energy is a term used to describe a source of energy that has the capability to refill itself. Renewable energy is sometimes called infinite energy. Renewable energy is also known as green or clean energy, because it does not produce toxins or pollutants that are harmful and dangerous to the environment. Planet earth is going on a critical phase, due to the fossil fuels being consumed worldwide every day. Jimmy Carter once stated on a televised in April 18, 1977 that "Because we are now running out of gas and oil, we must prepare quickly for a third change, to strict conservation and to the use of coal and permanent renewable energy sources, like solar power." Slowly and gradually... [tags: Energy ]
902 words (2.6 pages)
- On this assignment we are going to research all energy sources and their drawbacks, we are also going to explore on some the negative ramifications that even the clean hydropower have, additionally we are going to weigh those against the possible consequences of developing nuclear power, a controversial alternative to fossil fuels. We will discuss the Fukushima Daiichi nuclear disaster as well as the 20th century Chernobyl nuclear meltdown in drawing conclusions about risk versus reward of nuclear energy use.... [tags: Energy ]
974 words (2.8 pages)
- Confusion in Landscape for a Good Woman I found Landscape for a Good Woman to be a confusing landscape, one whose contours are difficult to follow. I don't mean to imply that I did not find the book fascinating, but it was so rich and the stories and scholarly discussions were so intertwined that it was difficult to keep track of what Steedman was trying to convey. Why did she choose to write in this way. Instead of giving us a straight narrative about her childhood and allowing us to make our own inferences, I feel as if she's told a story and, at the same time, she's told us how to interpret that story and has given us a critique of her own and others' interpretations of her story.... [tags: Landscape for a Good Woman Essays]
689 words (2 pages)