Page 25 - Driving Force for Energy Demand
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ving Forces for Energy Demand 2010
pollutants in relation to the burning of fossil fuels. Therefore, it can still be
favourable for policymakers to introduce pricing systems that encourage cleaner
emissions and higher energy efficiencies.
There would also exist opportunities for expanding no-regrets energy policies. In
a status quo scenario, public policy towards the climate-change issue should
begin and end with win-win reforms (Bradley; 2003). Such policies could include:
Removing subsidies that keep energy prices below market levels, thereby
reducing energy demand and eliminating related emissions. Introducing
peakpricing when demand is highest in transportation and retail gas and
electricity markets to reduce demand and eliminate related emissions. Reducing
emissions of the air pollutants, especially particulate matter (PM10), nitrogen
oxides (NOx) and carbon monoxide (CO), to improve local air quality and reduce
health consequences of emissions. Streamline tax codes to facilitate capital
upgrades to more energy efficient equipment (Bradley; 2003).
High-energy use places an enormous burden on long and short-term economic
development and poses critical problems for developing countries, in terms of
improving living standards, and developed countries in terms of the wasteful use
of limited resources. Energy inefficiency becomes a drain on factories, machinery
and resources, affecting competitiveness. Hence, it is important to invest in the
efficiency of the energy supply systems and reduce losses on the demand side
(Reddya & Assenza, 2008).
Several factors limit the scope for large-scale production of energy from
renewables like solar, wind, and biomass. In particular, there are two major
types of limitations. One is technological in relation to storage and grid, the other
is resource based land, water and energy intensity (Green, Baksi, & Dilmaghania,
2007). If these constraints can not be overcome it is unlikely that renewables can
supply the CO2 free energy needed if we are to believe the climate change
supporters (Green, Baksi, & Dilmaghania, 2007). However, renewables can play
an important role in providing energy to rural areas, in particular within
developing nations, who can benefit from reduced investments in national
electricity grids combined with reduced local pollution effects of traditional
Posted by Etree Project Consultants Pvt Ltd only for knowledge sharing purpose. Page 25
pollutants in relation to the burning of fossil fuels. Therefore, it can still be
favourable for policymakers to introduce pricing systems that encourage cleaner
emissions and higher energy efficiencies.
There would also exist opportunities for expanding no-regrets energy policies. In
a status quo scenario, public policy towards the climate-change issue should
begin and end with win-win reforms (Bradley; 2003). Such policies could include:
Removing subsidies that keep energy prices below market levels, thereby
reducing energy demand and eliminating related emissions. Introducing
peakpricing when demand is highest in transportation and retail gas and
electricity markets to reduce demand and eliminate related emissions. Reducing
emissions of the air pollutants, especially particulate matter (PM10), nitrogen
oxides (NOx) and carbon monoxide (CO), to improve local air quality and reduce
health consequences of emissions. Streamline tax codes to facilitate capital
upgrades to more energy efficient equipment (Bradley; 2003).
High-energy use places an enormous burden on long and short-term economic
development and poses critical problems for developing countries, in terms of
improving living standards, and developed countries in terms of the wasteful use
of limited resources. Energy inefficiency becomes a drain on factories, machinery
and resources, affecting competitiveness. Hence, it is important to invest in the
efficiency of the energy supply systems and reduce losses on the demand side
(Reddya & Assenza, 2008).
Several factors limit the scope for large-scale production of energy from
renewables like solar, wind, and biomass. In particular, there are two major
types of limitations. One is technological in relation to storage and grid, the other
is resource based land, water and energy intensity (Green, Baksi, & Dilmaghania,
2007). If these constraints can not be overcome it is unlikely that renewables can
supply the CO2 free energy needed if we are to believe the climate change
supporters (Green, Baksi, & Dilmaghania, 2007). However, renewables can play
an important role in providing energy to rural areas, in particular within
developing nations, who can benefit from reduced investments in national
electricity grids combined with reduced local pollution effects of traditional
Posted by Etree Project Consultants Pvt Ltd only for knowledge sharing purpose. Page 25
