Market
 
Today, 80% of the world's electricity production comes from fossil and nuclear fuels, and virtually 
  all transportation is fuelled by liquid petroleum (gasoline). Lighting accounts for 20% of all energy 
  generated worldwide, 95% of this energy is wasted. In the UK 35 Giga watts is needed by 2020, 
  this is around half of the country’s current electricity generating capability. The current 
  government plan is to build more nuclear power plant. Nuclear is extremely expensive and 
  hazardous, costing billions to build and decommissioning costs are enormous, a typical power 
  station will take a minimum of 20 years to build and is largely uneconomic solution for the 
  impending global energy crisis.

Nuclear energy is being claimed by the UK government to be a carbon-free alternative, but
  significant carbon-producing processes are involved in the mining of uranium, in the   construction
  of power stations and in the disposal of waste. Energy requirements for these  processes depend
  on high-grade uranium ore, which is expected to be exhausted within 50 years.  Lower quality 
  uranium then available will lead to energy prices soaring in the future.

The World Energy Council projects primary energy demand will triple by 2050, as population grows
  to 8-9 billion and developing nations elevate living standards. The energy problem of the world has
  arisen from the fact that human beings have thought implicitly that the amount of minable energy
  resources is infinite, though it is beyond question that it is finite. In the twenty-first century,
  human beings will face the problem of the lack of fossil oil and natural gas that were widely and conveniently used in the twentieth century. On
  the other hand, human beings have faced, are facing and will face environmental problems. These problems include water pollution and food
  shortage, but the biggest issue now in the world is global warming. This problem is strongly linked to the energy problem.

In 2000, all renewable contributed only 13.8% of the world`s energy supply, the outlook for 2010 is a reduction in all renewable to 12.9% and for
  2020 to 12.3% of total energy supply, in the reference scenario, assuming no new measures are taken. Total energy consumption is forecast to
  grow by 20% by 2020. In this Present scenario which would be cost effective, where to increase electricity generation up to 20% every year or
  reduce energy consumption to save future. The impact of the Global energy crisis is being felt across the board by consumers, industrial and
  institutional (schools, hospitals, local governments, etc) energy users who are experiencing high natural gas and electricity prices. Regional
  instability from major energy provider countries has contributed towards the spiraling energy cost.

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