Wärtsilä invites discussion on future power s...
Wärtsilä Corporation, Trade Press release, 8 December 2009
Wärtsilä's scenarios provide alternative views on the future of power
generation in a complex and changing global environment.
Wärtsilä, a leading provider of decentralised power generation
solutions, has published a scenario report on future alternatives for
global power and electricity production. Wärtsilä has spent more than
8,000 hours analyzing how electricity is likely to be produced and
consumed in 2023. The project brought together the views of
academics, non-governmental organizations, business leaders,
government representatives and other experts, and resulted in three
possible future scenarios being predicted. These have been called
Green Earth, Blue Globe and Grey World.
The discussions with the various experts in attempting to anticipate
likely future trends turned out to be so fascinating that Wärtsilä
decided to share the results. Indeed, the very nature of forming a
scenario is that of a multi-dimensional discussion. Governments,
companies, and individual citizens all have the power to make choices
that affect our common future.
We at Wärtsilä hope that the below scenarios will provide a useful
contribution to the worldwide debate on power sector issues. We
therefore invite you to read more about our scenarios, to share your
views, challenge us and give us feedback at
www.wartsila.com/scenarios or by e-mail to
powerscenarios@wartsila.com or at Facebook
http://www.facebook.com/pages/Power-scenarios-2023/189333649301.
We are also happy to invite you to visit us at the Bright Green
exhibition in Copenhagen, Denmark, 12-13 December, booth number 71,
or at the PowerGen International exhibition in Las Vegas, USA, 8-10
December, booth number C4-323.
Wärtsilä's scenarios: Green, Blue and Gray
The Green Earth scenario is shaped by individual citizens who have
decided to tackle the challenge posed by climate change. The world
economy grows at a modest pace, and the use of renewable energy
sources increases. People accept the scarcity of resources and live
sustainably.
The Blue Globe is a market-oriented, prosperous world, powered by
large utilities. Policy is driven by two key factors: the need for
economic growth and curbing emissions. Carbon capture and storage
allows us to continue using coal.
The Grey World is ruled by governments. Scarcity of resources and
energy security are major issues - climate change is not. Scarcity
leads to considerable changes within society, and political tensions
run high due to the uneven geographical distribution of energy
resources.
Future power generation - a global issue of great importance
Creating scenarios is one powerful means for making sense of a
complex and changing environment. Scenarios are fact-based,
challenging, but plausible descriptions of what might lie ahead. They
provide alternative views of the future, taking into consideration
significant trends, events and actors, and try to model how they
might interact.
Today, two major global challenges top the economic, social, and
environmental agenda of the world. On the one hand we have to produce
enough electricity to improve the living standards of a growing
population. On the other hand, we must curb climate change. These
issues are highly topical since the United Nations Climate Change
Conference in Copenhagen is now underway.
These issues are also more than relevant for Wärtsilä, as we believe
that the power sector has a key role to play in solving these
challenges. As a provider of complete lifecycle power solutions for
our customers, we need to make the right decisions regarding
long-term product development in order to be the preferred partner
for future investments.
For further information, please contact:
Pauliina Tennilä
General Manager, Scenarios & Business Intelligence
Wärtsilä Power Plants
Tel: +358 10 709 5498
e-mail: pauliina.tennila@wartsila.com
Maria Nystrand
Publicity Manager,
Wärtsilä Power Plants
Tel: +358 10 709 1456
e-mail: maria.nystrand@wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for
the marine and energy markets. By emphasising technological
innovation and total efficiency, Wärtsilä maximises the environmental
and economic performance of the vessels and power plants of its
customers.
In 2008, Wärtsilä's net sales totalled EUR 4.6 billion with 19,000
employees. The company has operations in 160 locations in 70
countries around the world. Wärtsilä is listed on the NASDAQ OMX
Helsinki, Finland.
www.wartsila.com
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