There is not really any energy shortage on Earth. At any given instant, the power being used on the planet amounts to about 15 TW, of which 2 TW consists of electricity. The energy being used or received in nature amounts to about 120 000 TW, in the form of solar energy, wind power, wave energy and bioenergy. In other words, we have access to about 7000 times more power than we need. Unfortunately, the problem is that we have not yet created the necessary systems to be able to benefit from these enormous energy sources with which we are surrounded.
As we base anything up to 80 % of our energy production on non renewable energy sources, it is a fact that they will eventually run out. According to the EU, the commonest forms of non renewable energy, if used at the present rate of increase, can be expected to run out as shown in the
table below.
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