Energy Transition Report: Analysis of Future Trends & Impacts on Life

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Added on  2022/08/12

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This report examines the transition from fossil fuels to renewable energy sources. It explores the current state of electricity generation in the United States, including the reliance on coal, natural gas, and nuclear power, and projects future trends, such as the increasing role of renewables. The report also discusses the potential impacts of this energy transition, highlighting the benefits of stable energy costs, reliable energy sources, and reduced greenhouse gas emissions. Furthermore, it addresses the consequences of failing to transition, emphasizing the challenges associated with dependence on finite fossil fuel supplies and the potential for social and economic problems. The report references key sources that support the analysis of the energy transition and its impacts on society.
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Solution.1:
Transition to a new energy future:
The primary production of electricity is being generated through coal. But an enhancing
portion comes from the renewables and the natural gas. The nuclear power portion is
essential, but it is slowly shrinking. In 2013, the EIA approached that the United States
acquired 41% electricity from coal, 26% from the natural gas, 19% from nuclear, 13% from
sustainable energy and 1% from the petroleum.
Figure.1 US electricity generation sources (Trillion KW hours) retrieved by (Hunt )
By 2040, the EIA projects show the mixture variation for various fossil fuels as, 35% natural
gas, 32% coal and 16% renewables and nuclear.
By the conversion of EIA numbers in the quads, a revised forecast is being arrived of 12.6
quads for the energy consumption in United states by 2040 which involves the 25% standard
deduction due to the extra cost induced conservation and the efficiency. By reducing this
figure by 20%, the value is being down to 10 quads. But it is required to add the shifted
transportation electricity demand by five quads to bring the net sustainable electricity goal to
15 quads. (Hunt )
Solution.2:
Energy transition effect in life and the lives:
There are several impacts of the energy transition in life and lives which are shown below:
Stable cost of energy
Continuity source of energy
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Reliability
Reduction in Greenhouse Gas emission.
Massive job creation in future. (Steg, Perlaviciute and Werff 1-17)
Solution.3:
Impacts of not making energy transition in life and lives:
In my opinion, there are several impacts of not making the energy transition in life and lives
as it is a fundamental problem that the world is strongly dependent on the fossil fuels finite
supply. As the demand enhances and supply become scarce, the issue becomes more severe,
with the possible social and economic problems. A large scale transition away from fossil
fuels energy holds a vital challenge for society.
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References
Steg, Linda , Goda Perlaviciute, and Ellen van der Werff, " Understanding the human
dimensions of a sustainable energy transition. " Frontiers in psychology. 6.805.
(2015):1-17. Web. 28 february 2020. <
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4469815/pdf/fpsyg-06-00805.pdf >.
Hunt, Tam " The future of energy: how to transition to a renewable economy. "
Greentechmedia. Web 28 february 2020. 2014. <
https://www.greentechmedia.com/articles/read/the-future-of-energy-how-to-
transition-to-a-renewable-economy. >.
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