WASHINGTON, February 12, 2018: The impact of strategic globalization is powerfully shaping international trends in ways that express greater demand. This includes energy demand and utilization. (CyberPolitics in International Relations Nazli Choucri International Political Science Review vol. 21)
Global energy demand is increasing at a phenomenal rate, and with it, divestment of petroleum holdings into other forms of energy infrastructure development. As a result, petroleum, as a product, is no longer considered a purely inelastic good.
*London ‘put to shame’ by New York fossil fuel divestment #keepitintheground
The increase in global energy demand has become remarkably effective at creating a global race for making access-ready wave and wind technologies trade-ably secure and sufficient enough to supply energy market consumers at peak demand.
Inevitably, implementing new technologies impact the supply side matrix arrays in terms of capacity utilization possibility points. As demand increases production markets usually equalize. Some supplementing greater divestments in the supply chain through transitional industrial ventures. Others accumulating divestiture.
Both simultaneously growing supply matrix returns, increasing accumulated return on those divestments above existing nominal levels.
Demand for petroleum
Major lenders demand for energy investments in “petroleum only” sectors including world banks, venture capitalists, multinational conglomerates and others are expanding at lower nominal ratios, as avenues for new energy harnessing techniques increase: fueling drive, growth and demand of these new techniques both from an economic and from a transportation perspective.
As this energy-demand shift begins its transition, developing new strategic plans is critical for Caricom countries. According to World Watch, however, Caricom’s lack of legislation makes implementation problematic.
To facilitate substantial growth, two avenues must be regarded: 1. Impact of being primarily an energy economy or 2. A value-added energy efficient economy.
Caricom first stage of energy development
Globally, from an impact standpoint, Caricom’s economy is generally in its first stage of energy development: Energy development designed to accommodate present global economic needs.
The following stages: Energy to preserve an expanding, developed economy at full employment and energy to service future economic needs above and beyond current demand matrices.
Implementation of energy policy must consider:
- Growing future energy supplies
- Access Mobility
- Delivery Optimization
- Cross-Platform Integration
- Engineering Improvements
- Shared grid and surplus reserves
Growing future energy supplies:
Petroleum supply utilization, a major percentage of global energy development operations, is ongoing and continuous. Determining future energy demand revolves around a strategic assessment of future population growth and must account for a more mobile society, a larger spectrum of use, and universal shared space.
Dynamic access to public energy, governments core feature is critical. Making society more productive, efficient and stable. Features deserving highlight must emphasize shared grid and surplus energy reserves.
Making strategic plans for infrastructure improvements and market expansion, capitalizing on growth and resource structure dynamics, integrated into a global model at all major structural and technical junctures is fundamental. Productivity requires it.
Structural (Table of new construction projects by region.)
Optimal delivery must generate increasing source energy to remote regions and populations. Innovations like Wireless Power Transfers (WPT) are proven effective through [Research progress of wireless power transmission technology and the related problems Author: Jianliang Li Subject: AIP Conference Proceedings ] And even these need improvements.
The goal is designing a single platform that harnesses, conducts and delivers different source energy supplies or incorporates hybrid systems that meet or exceed market demand.
Russia, for instance, is a prime example of modernization, a nation that derives about half its total revenues from a gas tax, now positions itself to move from being strictly a supplier to a substantive member of our global energy market.
Arguments allowing for acquired private improvement of public technology.
A major consideration for Caricom energy infrastructure development, both financial and technological planning structure is modernization. Remaining competitive demands it. Financial modernization distinguishes how fast projects come to light once the design is complete.
“While corporate equity is the key mechanism behind more established models, newer approaches replace equity with shared technology to connect both worlds with fewer organizational costs and greater speed and agility. “ (Engaging with Startups to Enhance Corporate Innovation by Tobias Weiblen, Henry W. Chesbrough. 2015 California Management Review
Executive action on Caricom’s agenda regarding matters pertaining to acquiring new technological designs, incorporating public-private partnerships, research, and development, including both long range and short range targets for construction is mandatory for regional success.
Transportation planning strategies are generally and logistically inclusive of the changes in automation and are vitally important.
For decades, the transportation system has been built to position the personal automobile at the pinnacle of mobility options. This prominence is strongly reflected in individual and population behaviors, and supported by coevolved transportation policy, social norms, funding, and physical structures. Such has been the status quo for the living memory of the U.S. population. However, with the advent of emergent, technologically driven mobility options, the transportation system is in an era of rapid and disruptive change. (National Renewable Energy Laboratory (NREL), Golden, CO (United States) Duvall, Andrew L Personalized Infrastructure: Leveraging Behavioral Strategies for Future Mobility)
For more on this research, contact Kerry Baynes [email protected]