At a top level, energy industry comprises of the petroleum industry, the gas industry, electrical power industry, including electricity generation , the coal industry and the nuclear power industry. The renewable energy industry on the other hand, comprises of alternative energy sources, including those involved in wind power, hydroelectric power, and solar power generation, and the manufacture, distribution and sale of alternative fuels.
All sources of energy have an effect on the living world. It becomes very essential to control these effects while utilizing the available sources of energy to the maximum productivity and in a way to meet the needs of consumer. For example, managing the available electricity usage, ensuring power up-time, and planning for growth are all crucial when it comes to electricity and resources segment of the energy industry.
Global industrial production and utilization are outpacing the renewal capacity of natural resources and the capacity of governments to manage wastes and pollution. Industrial growth has helped raise huge population of people out of poverty in many countries over the last decades, particularly in ever-growing urban communities. But as we all know, economic growth and urbanization have not come without a price.
Waste and pollution management are an important part of the energy industry and power markets today. This includes environmental and urban services like waste-water treatment, recycling systems, and sewage systems, drainage, sanitation, and solid waste management. Not managing these wastes and pollutants efficiently, restrain economic growth, places further stress on natural systems, and damages public health and the investment climate.
Intensified competition for scarce resources, within the water and energy market has amplified conflicts in the industrial framework. Utilizing the resources efficiently and low-carbon economic development can help minimize pressures and help to address some important causes of such conflict.
It is important to recognize that environmental issues must be addressed and cleaner production methodologies must be supported at a systemic level in industrial development. The encouragement of resource efficiency requires an outlook and a decision-making process that simultaneously takes into consideration both economic value and environmental sustainability. Importance of improved resource efficiency is equally applicable to energy industry and power sector. It helps reduce the emission of harmful greenhouse gases from energy generation plants. It ensures wise usage, materials extraction and processing and transportation of energy resources. It also ensures safe waste disposal of by products. Sustainable industrial energy strategies include adoption of renewable energy sources and remarkable energy efficiency planning and execution. These factors are thus crucial for addressing climate change while ensuring nurturing of economies within the power, environment and energy industries in countries across the globe. Find the latest research studies on energy, environment and power sectors at http://emarketorg.com/cat/energy-environment-and-power/ .