17.9.11

Energy consumption and investment

energyThe story of energy for mankind began when fire was discovered for the first time in the ancient world. Since then human started to consume energy and it was taken from renewable energy resources such as sun, wind and water power. Together with the development in industrial sectors, demands for energy have increased significantly, human started to explore and began massive exploration and production of energy. The advancement of technology human owned at that time has a major contribution in the exploration of energy resources, and that was the time when energy consumption had accelerated rapidly.

Human has developed technology that turns heat to energy based on fossil fuels. It has become one huge business. The acceleration of this type of investment is unstoppable, solar energy investments are among the most explored investments in energy industry. The exploitation of coal deposits to oil and natural gas fields on a global scale has become unstoppable. The next era of energy resource begins not very long after the fossil-based era, the major transition takes place when human invented nuclear-based energy, but since the production cost and the security are another issue, production of nuclear energy hasn’t as fast as fossil-based energy.

World population has increased; new plants were being built and operated. This all needs more and more energy to run, in the 19th century alone world population has increased by 3 times and that was the time when the essential change of energy consumption took place. World data for energy consumption shows that today fossil-based fuels such as oil, coal and natural gas are the primary contributors of total energy supply, and this one fact alone has shown why Investing in natural gas, oil and coal become extremely significant.

Since the energy sources will not last forever, it left each of us a global issue. We have to ask ourselves on how we use energy, that’s our homework. While for investors and inventors out there, it will be a great challenge for them to create some energy forms that will last forever and can be consumed without polluting the environment.

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