Abstract

It is expected that in the year 2050, all together the consumption of the energy is going to rise up to 22Gtoe every year from 10Gtoe every year which is energy consumption of the present time. Nearly 70% of this total energy is contributed by the fossil fuels that include coal and oil each of 26% and also the natural gas which contributes about 18% and the non fossil sources (equally divided between renewable and nuclear energy) contributes 30% of this total energy that is consumed every year at present. In the developing regions of the globe, the demand of the energy is growing rapidly where the basic requirement of the energy is not fulfilled satisfactorily. After the year 2010, in the developing countries the energy consumption will go beyond that of the developed world and 2/3 of total world in the year 2050. In India, the issue of the securities of energy is as same as of oil securities for the country. In India, when the geo-political implication of the increased requirement for “hydrocarbons” and the dependency of the country on its oil resources are important, the matter of the security of the energy should be kept at priority for “energy supplies,” “commercial,” and “non commercial” and it should not be stopped by just thinking about the availability of the hydrocarbon only. The requirement of our energy is increasing by 5.4 billion kW every year and the non commercial energy as “biomass,” “fuel wood,” and “animal waste” that is nearly 1/4^th of the total requirement of the primary energy. There are some technologies that can be renewed are becoming viable for the commercial purposes and it is found that renewable can play a key part to provide electricity in the rural areas and if grab these opportunities the technology will be harnessed. The need of technological power covers the complete range of renewable forms of energy like “solar photovoltaic, solar thermal, solar hydro, bio-energy, ocean energy, etc.” The conservation of the energy is other crucial matter and number of ways is used for so many years for this, especially in respect of oils but it was not successful. Therefore, so as to meet up the “energy security” and the concerns of “climate change,” it is very important to address the issues like “rational energy pricing, energy efficiency, and new technology trusts.”