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Global Demand Growth of Power Generation, Input Choices and Supply Security

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  • Kenichi Matsui

Abstract

The anticipated global demand growth for energy, and electricity in particular, is mapped for the coming 20 years. Five critical issues implied by this forecast are then spelled out: uncertainty, security of energy supply, energy financing, and the role of nuclear and renewable energy. Finally, based on a review of the energy revolutions which the human race has experienced during history, the paper sketches a long term energy future. It suggests the possibility of a new energy era in the 21st century with electricity and hydrogen as the main final energy and nuclear and renewables as the main primary energy, providing, coincidentally, a solution to the CO2 issues that loom so importantly at the end of the 20th century.

Suggested Citation

  • Kenichi Matsui, 1998. "Global Demand Growth of Power Generation, Input Choices and Supply Security," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 93-107.
    • Handle: RePEc:aen:journl:1998v19-02-a05
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    Cited by:

    1. Skoufa, Lucas & Tamaschke, Rick, 2011. "Carbon prices, institutions, technology and electricity generation firms in two Australian states," Energy Policy, Elsevier, vol. 39(5), pages 2606-2614, May.

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    JEL classification:

    • F0 - International Economics - - General

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