Wärtsilä Invites Discussion On Future Power Scenarios
Wärtsilä has published a scenario report on future alternatives for global power and electricity production. The company spent more than 8000 hours analyzing how electricity is likely to be produced and consumed in 2023. The project brought together the views of academics, non-governmental organizations, business leaders, government representatives and other experts, and resulted in three possible future scenarios being predicted. These have been called Green Earth, Blue Globe and Grey World.
Wärtsilä hopes that the scenarios will provide a useful contribution to the worldwide debate on power sector issues. We therefore invite you to read more about the scenarios, share your views, challenge us and give us feedback at www.wartsila.com/scenarios or by e-mail to email@example.com or at Facebook http://www.facebook.com/pages/Power-scenarios-2023/189333649301.
Wärtsilä's scenarios: Green, Blue and Gray - The Green Earth scenario is shaped by individual citizens who have decided to tackle the challenge posed by climate change. The world economy grows at a modest pace, and the use of renewable energy sources increases. People accept the scarcity of resources and live sustainably. The Blue Globe is a market-oriented, prosperous world, powered by large utilities. Policy is driven by two key factors: the need for economic growth and curbing emissions. Carbon capture and storage allows us to continue using coal. The Grey World is ruled by governments. Scarcity of resources and energy security are major issues - climate change is not. Scarcity leads to considerable changes within society, and political tensions run high due to the uneven geographical distribution of energy resources.
Two major global challenges persist - to produce enough electricity to improve the living standards of a growing population while curbing climate change. These issues are also more than relevant for Wärtsilä, since the power sector has a key role to play in solving these challenges. As a provider of complete lifecycle power solutions, the right decisions need to be made regarding long-term product development in order to be the preferred partner for future investments.
For more information: www.wartsila.com