Asia Energy Demand Will Double in The Next Two Decades

Asian City’s will double in the next two decades. This means a yearly increase in populations over 40 million each and every year. 

Singapore

Singapore

The Biggest opportunities for entrepreneurs and the biggest challenges for the Asian countries will be in the following categories:

  • Energy
  • Sustainable Food Developments
  • Realiable Clean Water Sources
  • Development in Rapid Affordable Housing
  • Transportation Demands
  • Education 
  • Sanitation 
  • Infrastructure 

A clear understanding of today’s challenges of consumption and production systems will provide us with some insight into the solutions.

At the top of my list is Energy.

“ If everyone consumed as much energy as the average Singaporean and U.S. resident, the world’s oil reserves would be depleted in 9 years.”

– WWF Energy Report 2050

Almost everything we consume or produce requires some source of energy. Most essentials of life depend on it. Water needs energy and waste needs energy disposal and housing and infrastructure takes up the majority of energy resources.

Cities exert the highest demand for energy resources. Energy security presents itself as the big determining factor for sustainable development. The growth curve goes parallel with the energy demand/supply which correlates together.

Cities use 75% of all of the available resources and account for over 67% of the greenhouse gas emission (World Energy Outlook 2008).

Goods and services needed within a city are generally produced outside the city, and often in other countries. Urban centres thus rely on the supply of natural resources from around the planet.
The future of thes Asian economies depends on how they deal with  the demand for energy and ecological resources.

Headquarters

Headquarters

According to the World Bank (1992) we can identify three levels of environmental problems in urban areas, each of which corresponds to different levels of economic development:
– Poverty related issues such as slums, inadequate infrastructure etc.;

– Industrial pollution related issues such as air, water and soil pollution;

– Mass production and consumption related issues such as large scale pollution, solid waste, etc.

Some of the key environmental and social challenges associated with urban development are un-proportionally high energyconsumption, a high level of greenhouse gas emissions, a vast ecological footprint, high resource consumption (water, food) and large infrastructure costs aggravated by urban sprawl, the growth of slums and the lack of livelihood opportunities.

Asia especially is witnessing a rapid urbanization and a fast rise in the above mentioned consequences. This is a tremendous challenge for Asia’s governments, which are often not equipped with tools to respond to this fast-paced development.

According to the forecast of the International Energy Agency (2006), the world will need almost 60 per cent more energy in 2030 than in 2002 to meet its demand. Most of this demandincrease will come from non-OECD countries. Under the current business as-usual scenario, energy use in Asia will increase 112 per cent by 2030.

LNG Carrier

LNG Carrier

China’s energy consumption is one of the fastest growing with an annual increase of 11.2 per cent, and it has surpassed the US as the world’s largest energy consumer (BP, 2011).

Today, fossil fuels supply over 80 per cent of primary energy globally. But as we know they are finite resources that will be depleted in the near future.

Asian cities are on the path of economic growth as well as a fast population growth, both of which will increase the demand for energy and resources.

Most of Asia’s growth today is fuelled by fossil energies such as coal, oil and gas. Import dependency and soaring prices of fossil fuels are threatening the emergent growth of Asia’s cities.

Investment in the energy sector will pay massive dividends in the coming decades. This is one industry I will be keeping a close eye on and putting a lot of strategic investment in these developing Asian economies.

“We know the problems…. and we know the solution; sustainable development. The issue is the political will.”

–Tony Blair, ex-Prime Minister of Britain

 

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About the Author

Joshua Mosshart
Joshua D. Mosshart MSFS, CHFC, CLU, CASL, Founder Mr. Mosshart is Co-Chairman Commercial Capital Plus and Malia Ventures Inc. Joshua has collaborated with the United Nations, Hollywood Celebrities and Captains of industry structuring off market transactions. The decade prior he was working in the debt and equity markets managing capital for high net worth individuals. He received his Masters of Science in Financial Services degree, MSFS from the Institute of Business and Finance. Mr. Mosshart worked on Wall Street and had extensive training at the Union Bank of Switzerland. His certifications include the following: Certified Estate Advisor, National Association of Financial and Estate Planning (N.A.F.E.P.). Certified Financial Planner (CFP®) Certification Curriculum, American College. ​ Chartered Financial Consultant (CHFC®) designation the “The Industry’s Most Complete Financial Planning Program” . Chartered Advisor in Senior Living (CASL®) retirement coaching designation as a leading credential in the senior/retirement area. Chartered Life Underwriter (CLU®) designation which is the highest level designation available in the life insurance profession. Additionally he was awarded his series 7, 24, 63, & 66 securities licenses (no longer active). ​ Joshua writes BLOGS about procuring grants in Washington. ​ Joshua, a former Merchant Marine, co-founded a non-profit organization raising significant capital for endangered species in his youth. ​ Earth-Friends non-profit organization became the first non-profit organization to operate on the Mall in Washington D.C. He also served as a delegate for the United Nations RIO-20. Joshua represents a portfolio of 41 clean-tech companies facilitating the procurement of Unsolicited grant funding requests for clean-technology companies for FY 2014 with various Federal Agencies.