The world is currently undergoing unprecedented change and within this change mankind is pursuing its natural impulse to grow, to expand, to develop. The world's population will have risen from over 7 billion today to around 10 billion by 2050 (per the UN high estimate); energy consumption will have nearly trippled from today's levels. Two thirds of the world's population live in poverty and will require at least an eight-fold increase in energy consumption before the "quality of life" indicators of life expectancy, infant mortality, and literacy show a marked improvement.
The foremost energy organization, the World Energy Council (WEC), anticipates this huge growth in energy consumption over the next quarter century mostly to be supplied by fossil fuels, primarily coal, with the consequential rise of carbon dioxide in the atmosphere. There is a common belief that renewable sources do not provide a viable alternative. The Intergovernmental Panel on Climate Control (IPCC), set up to advise the United Nations Earth Summit in Rio de Janeiro in 1992, believes that atmospheric carbon dioxide can only be stabilized by a reduction of emissions by sixty percent (60%) on 1990 levels. The IPCC recommendations and WEC forecasts are clearly incompatible. The failure of the atmosphere to sustain life as we know it is considered by many as highly possible, if current energy production and use continue.
Deeply held public concerns about safety, economic operation, and disposal of nuclear waste continue to plague the nuclear power industry, that the construction of new plants has almost entirely ceased in developed countries.
The current common technologies for converting energy into useable forms of power are unsustainable. Hence, the current world-wide search for technologies which produce clean energy, and at the same time are reliable, convenient and competitive.
This crisis presents both challenge and vast opportunity.
The electric industry around the world is experiencing radical structural changes -- either for economic or ideological reasons. Whereas traditionally the sector has been dominated by government control and monopoly structures, several developments are leading to more private participation in the power generation sector, and to the related globalization of the electric supply industry.
Power generating capacity world-wide will nearly double between 1995 and 2020. Generating capacity is forecast to reach 5,400 GW in 2020, up from 2,900 GW in 1995. Capital investment of US$3.2 trillion is required over the period of 1995-2020 to finance world capacity requirements.
Increasing demands are being placed on the utility companies to improve their environmental performance, particularly with the introduction of renewable sources of energy. As far as existing renewable sources of energy are concerned, hydro-electricity is widespread, but has its own environmental and social costs. Future installations are likely to be small scale. Wind and solar energy technologies, in recent years, have become much more efficient, are modular, and cost per unit of energy has been falling rapidly. However, both suffer from being intermittent and are uncompetitive when compared to base load coal and gas generation.
Embracing the concept of "sustainability" in meeting the world's capacity needs amidst these seemingly conflicting objectives, will require creativity and hard decisions not only in technology but also in fundamental social values.
Consumers spend over $12 trillion annually for energy needs throughout the world, but there has been no quantum leap forward in energy production, similar to the jump from copper wire to fiber optics in telecommunications. One evolutionary step to improve energy production, nuclear fission, has been developed, but we are boiling water -- still using 20th century technology on top of 19th century plumbing.
Existing energy sources restrict the progress of society. Present fuel sources are limited, cause serious environmental destruction, and continue to be costly to consumers and industry.
Scientists have been attempting to devise new energy sources to solve our insatiable energy appetite, but the journey has been challenging. Not until recently have several promising discoveries emerged, which could usher in a new age of social prosperity.
These discoveries herald a new era of opportunity.
The projected growth of electrical generation capacity, especially for developing countries, over the next century is considerable, predominantly to be met by fossil fuels and nuclear energy, (as projected by the World Energy Council), because of the perceived lack of alternatives. ZPower offers that alternative and the possibility of making obsolete polluting fuels such as coal, oil, gas, uranium, and wood.
ZPower Converters hold the promise of meeting almost every application for electrical, thermal, and motive power.
A clean, fuel-less source of energy will make possible a quality standard of life for all, hitherto thought impossible because of the unavailability of a sustainable energy source especially in regard to developing countries. In more developed parts of the world we take for granted many of the following applications:
- Preservation of forest and natural eco-systems currently being destroyed by growing populations, and their hunger for firewood
- The irrigation of drought affected areas
- Refrigeration for medicines and food
- Lighting to extend the day
- Safe water supply
- Sewage disposal
- Heating and cooling to protect populations from extreme conditions
- Mobility for work or leisure
- Communications, industrialization, automation for the provision of affordable goods and services
Other more specific applications and target markets include:
- Residential: houses, condominiums, apartments, mobile homes, cabins, new construction, e.g. 5 - 30 kW
- Commercial facilities: offices, retail, small, medium, and large, e.g. 10 kW - several MW
- Industrial facilities: factories, warehouses, e.g. 50 kW - several MW
- Government, civic, institutional facilities
- Electric motor vehicles, cars, trucks, bicycles, e.g. 5 kW - 500 kW
- Trucking and other shipping vehicles
- Farm Equipment (tractors, etc.)
- All forms of land, water, air, and space transportation
Industrial Equipment / Consumer Products
- Portable Generators
- Battery Replacement (personal computers, cellular phones, etc.)
- Lawn/Garden Equipment (lawn mowers, etc.)
- Incorporation into existing electrical infrastructure, e.g. large grid connected systems and local distribution networks with minimal modifications
- OEM (Original Equipment Manufacturer) and other applications
- Production of hydrogen as a versatile fuel gas, e.g. for cooking, transport, etc.
The availability of fossil fuels, in particular oil, has directly caused the huge economic industrial age which most countries around the world are experiencing. Simultaneously, utilizing our primary energy source from in-ground resources has resulted in irrepreable environmental damage, severe health effects, and wars throughout the world.
There is a solution to sustain and continue our economic growth in industrial nations and developing nations, by utilizing the tapping into clean, abundant and inexpensive energy sources which can be used to power our buildings, vehicles, and appliances.
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CBS News - Eye On Energy
Energy Information Administration
Simmons & Company - Investment Bankers to the Energy Industry
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