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Future Power Generation Mix

In the next decade, it is estimated that the world will consume 50 percent more energy than it does today, as reported by CNN’s Global Public Square. As a result big energy companies and governments around the world are backing large projects focusing on wind, solar, geothermal, biomass and natural gas. There are even research projects dedicated to generating energy from ocean tides and waves. Each display promise to help generate the energy our technology-fueled world demands.
As energy needs grow in step with the world’s environmental concerns, the need for dependable, reliable clean energy created a power-generating arms race during the last decade, building new infrastructure and creating more jobs than previously anticipated. So what will help power our future? Wind? Solar? Nuclear? Biomass? Natural gas? Tides? Or something entirely new and unimagined?
There are challenges that each energy source brings to the table. One challenge is storing power that is generated by wind and solar for times when there is no sunshine or wind hampers reliability; that is, until better storage means are developed. Geothermal requires high ground temperatures and large volumes of water, which is scarce in some places. Biomass requires crops that normally would be used for feed and food. Tidal systems are still in development and natural gas still produces greenhouse gasses.
These limitations can, though, with proper research and development, be overcome. Let us not forget that there are other conventional energy solutions that can fill the gaps while the energy industry hashes out which renewable energy is best, including nuclear power plants that generate zero carbon emissions.
With the increased demand and additional infrastructure, countries will not only need to add generating capacity, but also improve and expand the power distribution infrastructure to handle the increased demand. Like my colleague, Dan Liggett, mentioned in an earlier geoAMPS blog post:
“Consider the process of developing a wind farm. Once a suitable location is determined, both in terms of availability of wind and proximity to transmission lines, companies must acquire the necessary right of way. Contracts and lease agreements must be finalized. Permits must be obtained. The electricity anticipated from the wind farm must be sold. A great deal of effort is expended in the development phase even before construction begins.”
geoAMPS is offering energy companies the ability to streamline the creation of these new energy sources. Since no generation solution is a single answer for the world’s future energy demands at this time, a mix of several, if not all potential resources will be required until technology and competition determine the safest alternatives. geoAMPS will continue to streamline the processes from planning to operations, making a better investment come online faster to meet our world’s energy needs.
Nathan Mirolo
Nathan Mirolo
I fell completely backwards into what was then a startup in 2012 with 7 employees and no marketing team. Since then the experiences, opportunities and the working environment that geoAMPS has allotted to me and my colleagues has been amazing, I’ve never looked back.

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