Energy Security - Future Management Schemes

Business As Usual

• This means that energy consumption will not change

Business as Usual

• Advantages:
• Cheap as no change needed.
• Allows LEDC nations to develop their economies through manufacturing.
• Disadvantages:
• Carbon dioxide emissions will continue to rise, predicted to be a 55% increase in energy related emissions by 2030.
• The finite source of fossil fuels could run out - greater energy insecurity.
• Developing countries may lose out as they have to spend more money of strategies to cope with climate change.
• General environmental degradation.

Multi Energy Solution

• A multi energy solution means meeting the future energy needs through a mixture of of non-renewable, recyclable and renewable energy sources. This ensures energy security whilst still maintaining affordability.

Multi Energy Solution

• Advantages:
• There will be a slight reduction in carbon dioxide emissions due to the use of cleaner energy.
• Disadvantages:
• Expensive.
• The issue of Nuclear energy is a controversial one due to the threat of a nuclear disaster (Fukishima, 2011), the concern surrounding waste disposal and the huge cost (Hinkley Point C Power Station estimated at £24.5 billion).

Energy Conservation

• This is simply decreasing the amount of energy used, through the creation of radical technologies. It can be done through a variety of strategies:
• Better housing insulation.
• Subsidising solar panels for domestic use.

Energy Conservation

• Advantages:
• Likely decrease in global carbon dioxide emissions, reducing the greenhouse effect.
• Extension of the time that fossil fuels can be used.
• Disadvantages:
• Likely to inhabit the development of LEDC nations due to the increased cost or decreased accessibility to fuel for manufacturing processes.
• Expensive.