. In fact, Asia will account for more global incremental energy demands than 70% in the coming decades. This news was made public at the Annual Meeting of the New Champions , where more than one ,600 participant from 90 countries participated. Lin Boqiang (China’s Director of Center of Energy Economics Research) stated that due to short supplies the country would continue diplomatic efforts for international energy agreements. Even though newer technologies, such as solar power, will play an important part in the Asian energy market’s future, coal will continue to dominate. Lin stated that coal will be the dominant energy source in Asia for many years to come. Recent water restrictions and China’s dominance of the pipeline infrastructure has impeded gas exploration. In the future, solar power will play an even greater role in Asian energy production. Gao Jifan (Chief Executive Officer of Trina Solar) stated that more than 70% solar panels his company makes are exported. He also spoke out about US trade embargoes against Chinese-made solar panels. Gao stated that US factories have lost their competitiveness, and used WTO rules against China to boost anti-dumping campaigns. Energy demand rising Energy demand will increase more than 35 to 40% by 2030. The 21stcentury began with two-thirds of world oil demand being accounted by developed countries. However, this split has shifted to 50-50. in just 10 years. China currently consumes more energy than the United States. To meet such high demands, innovation is essential. The biggest innovations in the last decade have been “tight oil” and shale gas. It has even been called “unconventional” in natural gas and oil. The new age of energy: a time of great prosperity. Three scientists examine wind power, carbon capture, storage (CCS), and material efficiency to show how carbon dioxide can be reduced.
