World Future Energy Summit raises big concerns (page 2 of 2)

Renewable Family

Solar energy would be an obvious energy source in the Middle East, being another and speakers from companies such as Enel Research, Abengoa Solar, Solargenix, and Solarcentury, offered data suggesting that the technology can provide 50 per cent or more of the energy needs in the sunny regions. John Myles of Solargenix claimed that the benefits and initial costs of solar energy are far more attractive than some alternative clean energy technologies.

Biofuels has bee touted as an efficient alternative to diesel, and demand is growing by three pre cent annually. However speakers indicated that this is a long term prospect as no solutions would be ready any time soon.

Biofuel process and production takes different shapes that include Gas to Liquid (GTL), Coal to Liquid (CTL), and Biomass to Liquid (BTL). The biofuel industry is still is in its infancy, but Santiago Saege, Head of Strategy and Corporate Development in Abengoa, said he expected it to be operating as a fully-fledged industry by 2030.

Coming from different parts of the world, speakers in the World Future Energy Summit were convinced that the region - especially the UAE - will play a big role in "protecting the world we live in", and Masdar City is just on the right track towards creating a renewable and alternative energy that can be relied on to reach to a cleaner world. As for how long it would take it to reach there, we will have to wait and see.

See also:
Airlines put carbon aside
Green buildings LEED eco-construction
Making money from Green business