IEA recommends that governments develop renewable energy and nuclear energy

The International Energy Agency (IEA) announced the 2011 World Energy Outlook Report on November 8.

Although it welcomes the fact that many countries have suspended nuclear energy development plans, the overall tone of the report is pessimistic.

The report stated at the outset that there is no indication of the need to urgently change the direction of global energy trends. The report pointed out that the current trend will continue and countries in the world will continue to rely on fossil fuels due to the lack of alternative energy sources, which will lead to increased pollution and become more dependent on fossil fuels and push up energy prices.

For environmentalists, these are good news. However, the report actually contained a warning that cursed all green movements. Therefore, the government should reconsider nuclear power.

For environmentalists, the cruel reality is that from the wind energy, biofuels, there is no renewable energy resources, can rely on coal or oil to generate electricity.

Even worse for environmentalists, the report of the International Energy Agency promotes a short-term solution. The government should reconsider nuclear power because it has zero carbon dioxide emissions. The future forecast report states that “the reduction in nuclear energy will boost the demand for fossil fuels: the growth in global coal demand is equivalent to twice the current steam coal export in Australia and the increase in natural gas demand is equivalent to two-thirds of Russia’s current natural gas exports. The pressure to cause energy prices to rise has led to increased concerns about energy security issues, making it more difficult and expensive to resist climate change. Ultimately, those countries with limited domestic resources will be heavily dependent on nuclear power."

However, in the face of gloomy prospects, the government has largely escaped the more important issue of energy production. The end of the IEA report was cautiously optimistic. “International concern about energy access issues has intensified. The UN’s announcement that 2012 is the International Year of Sustainable Energy for All and Rio+20 Summit is an important opportunity. Modern energy needs more. Funding support addresses special challenges, risks, and returns for various projects.The private sector generally does not need to increase investment unless the government adopts strong management, regulations, and investment-building capabilities.The public sector includes donors, tools that need to be used to promote private Sector investment.

Therefore, the two things that the IEA report deserves attention are:

The first is the choice of energy.

Second, Germany's experience shows that abandoning nuclear energy is more expensive than current electricity production models.

According to the IEA, there are two major problems in the conversion of global electricity production in the next two decades.

The first is the issue of costs. The government will undoubtedly struggle to meet the growing energy needs of the population, and no one can tolerate high energy prices.

The second is the issue of global warming and the impact of the large amount of carbon dioxide emitted by traditional fossil fuels.

Therefore, whether governments have the financial and political will to shape our future energy blueprint.

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