As the world’s population continues to rise at exponential rates, so do the demands for energy and ecological conservation. People demand electricity, and they also demand clean air, clean water, and productive land. Governments must look to economical and sustainable energy solutions to solve these demands.
Electricity consumption is predicted to nearly double within the next twenty years, from twelve trillion Kwh in 1997 to twenty two trillion kWh in 2020. Growth is expected to be strongest in the developing countries of Asia, followed by those of Central and South America.
It has been estimated that there are two billion people who still lack electricity today, causing energy demand in developing countries to double every eight years. The share of total world energy demand by developing nations is projected to increase from 33 percent to 44 percent by 2025, with two-thirds of this growth occurring in newly industrializing economies. Most of that growth will be concentrated in the developing countries of Asia, where half of the world’s population resides.
With capabilities of supplying both small and large-scale electricity to virtually every ocean bordering nation, the time has come to realize the wide range of social benefits of ocean generated energy.