Energy Crisis

Energy is the ability to put effort and enthusiasm into an activity, work, etc. It is a source of power, such as fuel, used for driving machines, providing heat, etc. Energy plays a vital role in life. The sources of energy occur in nature. The global energy crisis is now entering a new phase. Its role in the development of humanity is ever increasing. At the same time the technologies in practice are on the verge of large changes. Today it is essential to make a sharp turn towards the intensification of energy productions, creation of technologies, protection of natural resources and so on to ensure the increase of productivity and economic growth.

The deterioration of the energy products in the world has aroused an unprecedented interest in the problems of energy supply among governments, different international organizations, researches, institution and individual scholar.

The development of nuclear power industry and the prospects of harnessing thermo-nuclear energy practically lift the limitations on the growth of the earth's energy base for the several centuries to come. In this manner no "energy hunger" threatens mankind. The development of power engineering in Asian, African and Latin American countries is a subject of special concern, whereas now they account for less than 25% of world energy consumption. There are challenges in the use of nuclear energy and indeed plenty of difficulties. For instance some nations do not use nuclear energy.

The global energy scenario portrays a grim picture of the things to come. One-estimate shows that oil is being used 8 - 10 million barrels per day. In about 40 – 50 years time this all resources will vanish. With the present rate of consumption this will last for another one and a half century. The developing countries too seem to be competing in draining their fossils reserves for short time gains.

Also it is feared that any short-term abandonment of nuclear power would endanger electricity supply and so on. There is very little doubt that very large quantities of uranium remain to be discovered. However, the economic price to be paid would be too high and politically unacceptable.

But before entering into any detailed debate, it should be borne in mind that even orientation of well-tested and reliable technologies requires the mobilization of considerable resources of developing countries. The development of a policy for the advancement of world power engineering is a difficult but perfectly realistic business, which requires joint effort of all countries.