Renewables emerge as future plan as emerging markets fuel demand

Times are changing in the global energy sector. Increasing demand, rising exploration costs and envi...

Times are changing in the global energy sector. Increasing demand, rising exploration costs and environmental implications, coupled with dwindling fossil fuel reserves, are creating attractive investment opportunities within the energy sector. The International Energy Agency (IEA), the intergovernmental energy policy adviser, believes the global energy system is on an unsustainable path and is in urgent need of reshaping. Global energy use has increased more than 20-fold over the past 200 years due to the multiplying effect of population and higher usage. The IEA expects primary energy de...