The new reality: Changes in the way we produce energy define a risk for existing assets to end up stranded. But looking ahead we can see a growing number of primary resources, particularly in coal, possibly in oil, remaining unused.
The "New Realities for Energy": Peak Demand, Stranded Assets
"The world is undergoing a Grand Transition driven by a combination of factors including the fast-paced development of new technologies, an unstoppable digital revolution, global environmental challenges and changing growth and demographic patterns", according to a statement from the World Energy Council, a UN-accredited global energy network with over 3,000 member organisations in over 90 countries. - Peak Demand is the beginning of the end of a long era of oil and fossil fuel based energy generation. Sustainability and green power pave the way to a decline in demand for carbon based fuels.
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