Global Trends

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Human activities is in an new epoch the Anthropocene Epoch. The planet is facing changes never seen before due to human scale development.

By 2030:

Increasing Electrical Demand

  • Global Population is increasing from 7.7 billion to 9 billion

  • 245 million Electric vehicles added

  • Significant growth in Consumer Information Computing Technologies

  • Installed low efficiency Air conditioners growing from 1.6 billion to 5.6 billion

  • Cryptocurrency 1.3% of the population holds bitcoin

Thermal generation

  • Dispatchable Thermal generation efficeincy averages 33% efficient

  • Over 2/3 of energy is lost as waste heat to the environment

  • Fossil Fuel Thermal Generation will continue to be a significant source of waste heat (Oil, Natural Gas, Coal, Bioenergy, Nuclear)

Global Generation Mix

Global Generation Mix

 

Global Energy Usage for Thermal Energy

In 2010:

  • a global revenue of $6.4 trillion dollars for energy expenditures

  • $1.13 trillion for thermal energy in buildings