Saturday, 19 March 2016

Middle East and Oil













 The World runs on oil.
Virtually all transport is oil based
All products have been “touched” by oil.
In 1950, the middle east (via Oil) was important

Oil reserve issues – not as clear how much is actually left!

Plastics
Printing & Inks
Packaging
Process lubricants

In your lifetime – around age 35 – 40 yrs (ie in the middle of your career) this problem will have a big effect.

We need to understand the potential solutions.
2 Elements

  Stationary Power

Wind  Local/Central
Wave  Central
Hydro  Pumped storage  Central
    Run of river  Local/Central
    Dam  Local/Central
    Tidal  Central
Solar   PV (photovoltaics)  Local/Central
   Thermal  Local/Central
Geothermal / Hot Rock  Central
Fuel Cells  Local/Central
Biomass  All sorts!  Local/Central
  
 Transportation Power










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