Challenges to global energy policy and supply security

Abstract

Purpose: To review the challenges for energy policy and supply security from the global down to national levels, pointing out failures to meet goals, the internal contradictions of stated policies, the challenges for both fossil fuels and renewable sources of energy to meet future requirements for modern energy services, and the huge scope for raising the efficiency of energy use. Approach: A review of statements, claims, and performance from the global to national levels over the past 20 years and review of realistic prospects. Findings: Although there are numerous constraints confronting fossil fuel extraction and use, there are also severe limitations on the expansion of renewable energy supply in the quantities and of the qualities that modern energy services are expected to provide for consumer societies. The likely consequence is that there will evolve an involuntary move towards more conservation-minded societies as conflicts intensify and earlier goals remain out of reach. Value: A plain statement of facts about what has occurred (or has failed to be achieved) and what is not likely to occur, given the unreality of targets and exaggerated claims of vested interests involved. © Springer-Verlag London 2013.