The article here discusses trends in energy transitions following a study conducted with Presidents, Vice Presidents, and Senior Vice Presidents of energy companies. Scholars of this study tried to focus on the six channels of transitions, here bulleted:
Decarbonizing energy sources
Increasing operational energy efficiency
Identifying new investment priorities
Deploying new technologies
Adjusting to new policy mandates
Managing consumer and shareholder expectations
In this article discussions focus on the impacts of Covid-19 on energy consumption; in May of 2020 there was a registered decrease in the energy consumption, mainly attributable to a a reduction in both land and aerial vehicles, and also less industrial-commercial space energy use. As the pandemic continues, our focus should be to move to energy transitions and we should aim to subsidize and make energy renewables accessible. Senior representatives of energy companies did reveal their plans to switch to energy renewables and incentivize that transition but as with other articles published in the news and in scholarly journals, the future of this transition is at the moment uncertain. Nonetheless, as mentioned prior, energy renewables are projected to reach nearly 40% of the energy production by 2050; this is still a quite low proportion of energy production as we consider the climate effects that are worsening year by year, month by month. While decarbonization projects are on the way, we should still note that it is a long process and we will likely see devastating climate effects happen sooner than a total decarbonization of our economy.
Stanley E. Porter and Kate Hardin, "Navigating the energy transition from disruption to growth ", contributed by Briana Leone, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 15 October 2021, accessed 20 April 2024. https://energyrights.info/content/navigating-energy-transition-disruption-growth
Critical Commentary
The article here discusses trends in energy transitions following a study conducted with Presidents, Vice Presidents, and Senior Vice Presidents of energy companies. Scholars of this study tried to focus on the six channels of transitions, here bulleted:
In this article discussions focus on the impacts of Covid-19 on energy consumption; in May of 2020 there was a registered decrease in the energy consumption, mainly attributable to a a reduction in both land and aerial vehicles, and also less industrial-commercial space energy use. As the pandemic continues, our focus should be to move to energy transitions and we should aim to subsidize and make energy renewables accessible. Senior representatives of energy companies did reveal their plans to switch to energy renewables and incentivize that transition but as with other articles published in the news and in scholarly journals, the future of this transition is at the moment uncertain. Nonetheless, as mentioned prior, energy renewables are projected to reach nearly 40% of the energy production by 2050; this is still a quite low proportion of energy production as we consider the climate effects that are worsening year by year, month by month. While decarbonization projects are on the way, we should still note that it is a long process and we will likely see devastating climate effects happen sooner than a total decarbonization of our economy.