Page 9 - Money in Energy
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Money in energy -Investment Opportunities and risks 2010
increases from 2.7 trillion Kwhrs in 2006 to 3.0 trillion Kwhrs in 2015 and 3.8
trillion Kwhrs in 2030 in the IEO2009 reference case, as concerns about rising
fossil fuel prices, energy security, and greenhouse gas emissions support the
development of new nuclear generating capacity. Higher capacity utilization rates
have been reported for many existing nuclear facilities, and it is expected that
most of the older plants now operating in OECD countries and in non-OECD
Eurasia will be granted extensions to their operating lives.
There is still considerable uncertainty about the future of nuclear power, however,
and a number of issues could slow the development of new nuclear power plants.
Plant safety, radioactive waste disposal, and the proliferation of nuclear weapons,
which continue to raise public concerns in many countries, may hinder plans for
new installations, and high capital and maintenance costs may keep some
countries from expanding their nuclear power programs. Nevertheless, the
IEO2009 projection for world nuclear electricity generation in 2025 is 25 percent
higher than the projection in IEO2004 just 5 years ago.
2. Energy - Increasing demand An Indian Story
India is world's 6th largest energy consumer, accounting for 3.4% of global
energy consumption. Due to India's economic rise, the demand for energy has
grown at an average of 3.6% per annum over the past 30 years. In March 2009,
the installed power generation capacity of India stood at 147,000 MW while the
per capita power consumption stood at 612 kWH. The country's annual power
production increased from about 190 billion kWH in 1986 to more than 680
billion kWH in 2006.The Indian government has set an ambitious target to add
approximately 78,000 MW of installed generation capacity by 2012. The total
demand for electricity in India is expected to cross 950,000 MW by 2030.
9 Etree Projects Consultants Pvt Ltd.
increases from 2.7 trillion Kwhrs in 2006 to 3.0 trillion Kwhrs in 2015 and 3.8
trillion Kwhrs in 2030 in the IEO2009 reference case, as concerns about rising
fossil fuel prices, energy security, and greenhouse gas emissions support the
development of new nuclear generating capacity. Higher capacity utilization rates
have been reported for many existing nuclear facilities, and it is expected that
most of the older plants now operating in OECD countries and in non-OECD
Eurasia will be granted extensions to their operating lives.
There is still considerable uncertainty about the future of nuclear power, however,
and a number of issues could slow the development of new nuclear power plants.
Plant safety, radioactive waste disposal, and the proliferation of nuclear weapons,
which continue to raise public concerns in many countries, may hinder plans for
new installations, and high capital and maintenance costs may keep some
countries from expanding their nuclear power programs. Nevertheless, the
IEO2009 projection for world nuclear electricity generation in 2025 is 25 percent
higher than the projection in IEO2004 just 5 years ago.
2. Energy - Increasing demand An Indian Story
India is world's 6th largest energy consumer, accounting for 3.4% of global
energy consumption. Due to India's economic rise, the demand for energy has
grown at an average of 3.6% per annum over the past 30 years. In March 2009,
the installed power generation capacity of India stood at 147,000 MW while the
per capita power consumption stood at 612 kWH. The country's annual power
production increased from about 190 billion kWH in 1986 to more than 680
billion kWH in 2006.The Indian government has set an ambitious target to add
approximately 78,000 MW of installed generation capacity by 2012. The total
demand for electricity in India is expected to cross 950,000 MW by 2030.
9 Etree Projects Consultants Pvt Ltd.
