Open AccessLong-term trends in the world energy market
Author(s) -
Sanja Jelisavac
Publication year - 2007
Publication title -
međunarodni problemi
Language(s) - English
Resource type - Journals
eISSN - 2406-0690
pISSN - 0025-8555
DOI - 10.2298/medjp0703322j
Subject(s) - term (time) , economics , natural resource economics , energy (signal processing) , energy supply , fossil fuel , principal (computer security) , energy market , supply and demand , energy demand , business , renewable energy , macroeconomics , engineering , computer science , statistics , physics , mathematics , electrical engineering , quantum mechanics , waste management , operating system
The author points out that energy reserves are adequate to meet demand till 2030. The principal uncertainty in global energy supply prospects is its price. We expect that international trade in energy, and fossil fuels in particular, will be on the rise. Technological advances and technology breakthroughs could radically alter the long-term picture of energy supply beyond 2006