Abstract:
The human race has carved a niche in the use of various energy sources to do work, such that it simplifies all types of operation, be it in power generation, transportation, industrial processes or domestic use. This has in turn caused continuous exploration of the different types of fossil fuels and natural resources. However, other energy sources, especially renewable energy (RE), are beginning to take the forefront these recent times, owing to the fact that the conventional energy sources are known to cause environmental hazards, pollution and also in its depletion phase, hence causing drastic price hike in the global market – which is solely due to mismatched supply versus demand. This paper will be discussing the various energy sources, global trend, projection in energy demand and consumption, and Energy Efficient Technologies (EET) that could help in harnessing these new sources.
