Text

The Future of Oil As a Source of Energy

---

Oil has always been regarded as a key component of the crucial energy sector, which drives economic progress. However, the global predominance of oil as a source of energy has been affected in recent years by several developments. Positive and negative determinants are shaping the future prospects of oil. Given the finite nature of resource, the relative merits of alternative sources of energy, the possibility of major tachnological breakthroughs and new environmental concerns and imperatives, significant shifts are likely to take place in the global energy scenario. Greater diversification in energy sources and the growing use of alternative and renewable forms of energy have been prompted by economic, ecological and security considerations. Non-conventional sources, such as photovoltaics, fuel cells, microturbines and wind power, are becoming increasingly viable and pos challenges to more conventional sources of energy. All indications are that the fossil fuel era will not last indefinitely and that the world is undergoing a transition from a hydrocarbon-based economy to one based on renewable forms of energy.rnThe future of oil is a matter of profound concern not only to petroleum componies, but also to oil-producing nations and oil-dependent economies. Energy experts who assembled in Abu Dhabi for the ECSSR Sixth Annual Energy Conference, held on October 7-8, 2000, focused attention on various aspects relating to the future oil as a sources of energy. The main thrust of their presentations, which are compiled in this book, identifies the significant trends and factors influencing the global position and price of oil. rnAmong the important topics discussed at the conference were the realities of oil as a negative drivers affecting the position of oil. The comparative advantages and disadvanteges of different energy sources were delighted, and the viability of alternative and renewable sources assessed. Furthermore, the rising importance of natural gas was analyzed in the context of the trend toward decarbonization and clean enrgy sources. The need to control volatility and to maintain stability in the oil market was underlined.rnIn the ultimate analysis, it would appear that resource availability is less likely to determine the future of oil than other economic, ecological and technological considerations. Collectively, the conference presentations afford a clearer picture of the current energy transition and the anticipated position of oil in the emerging scenario. For the oil producers and oil-dependent economies of the Arabian Gulf, valuable guidelines are offered on how to meet the inevitable challenges posed by an era in which oil may no longer be the prime source of energy.rnWhat is the future of oil as a primary sources of energ? This question assumes paramount importance not only for the oil industry but also for oil-dependent economies, especially those in the Arabian Gulf region. Concern about the diminishing prospects for oil arise from multiple challenges threatening both supply and demand. On the supply side, the depletion of finite reserves and the ultimate physical exhaustibility of this natural resource are obvious factors. On the demand side, the increasing viability and the expanding use of alternative and renewable energy sources, fueled by environmental concerns, are adversely affecting the position of oil.rn

---

Ketersediaan

090100596

Tersedia

Informasi Detil

Judul Seri

-

No. Panggil

665.6:620.92 ECS f

Penerbit

The Emirates Center for Strategic Studies and Research : Uni emirates., 2001

Deskripsi Fisik

xviii, 278 p.

Bahasa

Indonesia

ISBN/ISSN

-

Klasifikasi

665.6:620.92 ECS f

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subyek

Petroleum as Fuel; Petroleum Products reserves; Pe

Info Detil Spesifik

-

Pernyataan Tanggungjawab

-

Versi lain/terkait

Lampiran Berkas

Komentar

---

You must be logged in to post a comment