Dynamics and alternatives in the global energy market
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KABAHA, Ali, SANDU, Maxim, GRIBINCEA, Alexandru, GRIBINCEA, Alexandru. Dynamics and alternatives in the global energy market. In: World economy and international economic relations: International Scientific Collection, 1 ianuarie 2020, Chişinău. 2020, Volume 3, pp. 41-51.
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World economy and international economic relations
Volume 3, 2020
Conferința "World economy and international economic relations"
Chişinău, Moldova, 1 ianuarie 2020

Dynamics and alternatives in the global energy market


Pag. 41-51

Kabaha Ali1, Sandu Maxim1, Gribincea Alexandru1, Gribincea Alexandru2
 
1 Free International University of Moldova,
2 Moldova State University
 
 
Disponibil în IBN: 29 ianuarie 2020


Rezumat

Energy is a driving force of contemporary society. In the medium term until 2025, the demand for oil will continue to grow with restraint, and by 2025 it will reach 4,540 million tons of oil equivalent. Compared to 4330 million t. o. e. in 2015, in almost all OECD member countries, except Mexico and several European countries, there will be a tendency to reduce the demand for petroleum products and replace them in the final consumption sectors for natural gas and electricity. The global gas market has been largely transformed, thanks to the shale revolution, pricing problems, unconventional gas sources. The process of transformation will continue in several ways. A record gas liquefaction launch in the history of the gas industry will lead to significant changes in world trade. Alternative estimates of the costs of generating electricity, taking into account the full long-term costs of generating electricity, including systemic effects, significantly increase the estimates of the economic efficiency of traditional energy in fossil fuels. The operation of thermal power plants in peak conditions continues to be characterized by high system value. The depletion of traditional energy sources requires mankind to look for new sources of efficient energy resources. One direction is to improve the methods of extraction and use of traditional sustainable resources. The second direction focuses on nontraditional, renewable sources. The authors focus their attention on the processes of increasing the use of sustainable energy. The aim of the research is to investigate the situation of the global, regional energy market and to select ways to overcome the problem of energy shortages.

Cuvinte-cheie
energy, energy resources, alternative energy sources, advantages