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Energy

Worldwide energy demand is growing constantly. We can assume that the industrialisation of developing countries and large nations like China and India will increase energy consumption. At the same time, rising energy costs result from the fact that oil, gas, coal and uranium are exhaustible resources. According to current estimations, conventional oil resources will be sufficient for about 40 years and gas resources for about 150 years. (Bundesanstalt für Geowissenschaften und Rohstoffe, 2005). Rising exploration costs only add to the problem.

Many countries depend on the import of oil, gas, coal and uranium. As shortages of resources and conflicts increase, exporting countries are likely toreduce or stop the export of raw materials. In addition, catastrophes like Hurricane Katarina or crises in the Middle East, (such as like the one in Libya), may lead to bottlenecks in the supply system. The dependence of large areas of Europe on the import of fossil fuels from exporting countries is one of the reasons why energy supplies cannot be guaranteed forever. Eastern European countries, for example, depend largely on Russian gas exports. Germany imports 95% of its oil, 80% of its gas and more than 60% of its coal and uranium ( Agentur für Erneuerbare Energien, 2011).

Furthermore climate change cannot be checked and efficiency cannot be improved as long as conventional energy supplies are being used. Experts calculate that the costs of imminent climate changes will account for 5-20 % of the worldwide gross domestic product (Stern, 2006). Changing to other energy sources will become inevitable.

The alternative is renewable sources of energy, which can be regenerated, meaning usage does not deplete the source or it can be regenerated in a short period of time. Renewable energy is the method of choice, as it is eco-friendly and beneficial in the long term. In addition to securing supply and the independence of exporting countries, it also saves jobs locally.  In Germany alone, more than 370,000 new jobs have been created in the area of renewable energy (Bundesministerium für Umwelt, Naturschutz und Reaktionssicherheit, 2011).

Renewable energy is readily available. The worldwide energy demand is being supplemented in many places by energy from the sun, wind, biomass, hydrological or geothermal sources. The potential capacity of renewable energy is being tapped insufficiently because of high investment costs, the lack of the necessary technical know-how and the difficulties of distribution in countries without purchase guarantees. It is predicted that the percentage of renewable energy used in Germany will be less than 30% of total energy consumption. (Bundesumweltministerium, 2008).

What we can provide: Consulting and ready-to-use concepts for renewable energy, energy supplies and provission high-level contacts for potential investors as part of your energy plans.