The present era is often referred to as the "world energy era," witnessing an unprecedented emphasis on energy-related matters.

Global attention is particularly drawn to pressing issues in the world energy landscape.

The world currently relies on three primary sources of energy—oil, natural gas, and coal—while also tapping into cleaner alternatives like nuclear, wind, and biomass energy. Simultaneously, there is a strong push for the development of innovative energy sources to complement these traditional forms.

As of now, the global energy consumption stands at approximately 13.4 billion tons of standard coal, with fossil fuels accounting for 85% of this figure. Despite efforts to incorporate renewable energy sources, the majority of electricity production still depends on fossil fuels. On the other hand, cleaner alternatives, including nuclear energy, solar power, hydropower, wind, wave energy, tidal energy, and geothermal energy, contribute only about 15% of the total energy production.

While fossil fuels remain dominant due to their cost-effectiveness and established technology, there has been a growing push from developed countries to reduce reliance on them, particularly following the oil crises of the 1970s. As part of this effort, nations such as the United States, Japan, and China are heavily investing in the research and development of renewable energy sources, including solar, wind, geothermal, and ocean energy. One promising area is hydrogen fuel cell technology, with hydrogen-powered vehicles already taking to the streets.

These collective efforts offer hope that humanity may transition to a “new energy era” by mid-century, ushering in a more sustainable and diversified energy landscape.

In 2023, geopolitical conflicts, climate change, and exchange rate fluctuations continued to cast uncertainty over global energy security. The previous year’s prolonged energy crisis led to fuel shortages, business closures, and economic slowdowns in certain nations, prompting adjustments to energy policies and potentially reshaping the international energy landscape.

WorldEnergy.com stands as a valuable resource, offering timely tracking and in-depth reports on energy dynamics in over 200 countries. Covering a broad spectrum of topics—including energy policies, trend analysis, expert opinions, innovative technologies, enterprise news, international cooperation, and industry activities—WorldEnergy.com provides decision-makers in the global energy sector with essential references.

Spanning nearly 20 subsectors, from oil and gas to renewable energies, energy storage, and future energy, World-Energy.com aims to keep energy organizations and professionals informed about global developments.

Collaborating with various energy organizations, World-Energy.com not only obtains project and tender information but also facilitates economic and trade cooperation in the energy sector.

In the ongoing narrative of the “world energy era,” the quest for a sustainable and diversified energy landscape gains momentum. As the world grapples with the dominance of traditional energy sources, there’s an escalating urgency to transition towards cleaner alternatives. Despite fossil fuels’ prevalent role, the evolving energy scenario underscores the imperative to prioritize renewable resources and innovative technologies.

The current annual global energy consumption of 13.4 billion tons of standard coal reflects an overwhelming dependence on fossil energy sources, constituting 85% of the total. However, efforts to embrace change are evident in the rapid expansion of renewable energy solutions. Solar, wind, geothermal, ocean, and biomass energy are not merely buzzwords but represent a tangible shift towards a more sustainable energy paradigm.

Countries such as the United States, Japan, and China, at the forefront of technological innovation, are making significant strides in hydrogen fuel cell technology. With hydrogen-powered vehicles already on roads, the prospect of entering a “new energy era” by the mid-century seems increasingly plausible.

This transformative journey requires a delicate balance, addressing geopolitical conflicts, climate change, and economic uncertainties to ensure a secure and resilient global energy landscape.